Product Manager - Fraud and Risk Management

We are seeking a highly motivated and experienced Product Manager to lead the strategic and tactical management of backlogs for fraud and risk management initiatives within our insurance services area. In this role, you will be responsible for defining, prioritizing, and delivering product features and enhancements related to fraud detection models, risk assessment tools, and insurance fraud prevention services. You will collaborate cross-functionally with engineering, data science, underwriting, claims, and compliance teams to build and deliver innovative, data-driven solutions that mitigate risk and protect our book of business.

Key Responsibilities:

• Own and maintain the product backlog for fraud and risk management insurance solutions.
• Translate business and regulatory requirements into user stories with clear acceptance criteria.
• Collaborate with data scientists and fraud analysts to integrate predictive models and machine learning solutions into core products.
• Work with engineering to plan sprints, ensure delivery timelines, and optimize backlog health.
• Partner with internal stakeholders to identify fraud prevention and risk reduction opportunities.
• Conduct competitive analysis and stay informed on industry best practices and regulatory updates.
• Define product metrics, monitor performance, and iterate based on feedback and analytics.
• Serve as the subject matter expert on fraud and risk trends in the insurance domain.

Basic Qualifications 

• 3+ years of experience in product management, with a track record of delivering successful products in a fast-paced environment. 

• Understanding of fraud and risk management including market trends, customer needs, and competitive landscape. 

• Proven analytical and problem-solving abilities, with a data-driven approach to decision-making. 

• Experience working with Agile methodologies and tools such as JIRA or Azure DevOps. 

• Must be able to communicate effectively verbally and in writing. 

Preferred Qualifications

• Strong understanding of fraud detection methodologies, risk scoring, and insurance claims workflows.
• Experience in P&C, financial, health insurance fraud systems.
• Knowledge of compliance standards (e.g., SOC 2, ISO 27001) related to risk data.
• Familiarity with third-party fraud/risk platforms (LexisNexis, FICO, FRISS).
• Experience working with machine learning models or collaborating closely with data science teams.
• Exceptional organizational skills with a proven ability to manage complex backlogs.

 

Annual Salary

$100,450.00 - $157,850.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

• Premier Medical, Dental and Vision Insurance with no waiting period**
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Assistance
• Paid Training and Licensures

*Benefits may be different by location.  Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.