Regulatory Engagement Specialist Chevy Chase, MD (HYBRID)

GEICO is seeking a highly skilled, motivated, and detail-oriented individual to serve as a Regulatory Engagement Specialist in the Legal Department supporting our Regulatory Engagement Legal team within the Government & Regulatory Affairs division. This position will collaborate with and support the attorneys in planning, coordinating, and executing regulatory engagements and will provide a broad range of support to the legal team. The position requires excellent communication and management skills, as well as the ability to interact confidentially with all levels of leadership. The position requires strong technical skills, including database management and MS Office products. The successful candidate enjoys data-driven analysis and thrives in a fast-paced, work environment with high expectations, diverse assignments, and a collaborative/team setting.

Primary Responsibilities

• Partner with assigned attorney lead(s) to successfully assist in guiding diverse types of regulatory engagements, including market conduct exams (MCE), targeted exams, and inquiries.
• Navigate regulatory processes and understand perspectives of state Departments of Insurance (DOIs), addressing common inquiries and market conduct exams.
• Develop and implement structured processes to streamline response strategies, minimize duplication of effort, and enhance efficiency.
• Identify and implement strategies to improve operational efficiency and reduce response times for regulatory inquiries and exams.
• Compile and analyze trend data from regulatory interactions to identify patterns, compliance outcomes, and opportunities for process improvement. Draft initial analysis reports and communicate findings to REL team.
• Assist in detecting emerging regulatory trends and proactively engage to mitigate risks.
• Establish and maintain centralized databases for regulatory engagements, ensuring data consistency, knowledge retention, and tracking efficiency.
• Track and quantify the value of regulatory engagement efforts, such as savings and risk avoidance, and communicate these outcomes to leadership.
• Report to senior leadership with strong verbal and written communication skills.
• Create educational content for peers and clients to enhance understanding and compliance.
• Handle assignments related to other divisions within the Legal Department as needed.
• Limited domestic travel to engage and build relationships with internal stakeholders and/or insurance regulators to effectively support GEICO's interests.

Basic Qualifications

• A minimum of 4 years' experience, during the past six years, taking on a substantive role(s) in insurance regulatory engagements including some experience drafting reports to senior executives. REQUIRED
• A minimum of 1 year experience working in a state department of insurance preferably in market conduct STRONGLY PREFERRED
• Must be able to operate in a developing environment standing up a new team, new procedures and new tools.
• Must be able to multi-task.
• Must be able to learn and apply substantial amounts of technical and procedural information.
• Must be able to communicate effectively and succinctly verbally and in writing.
• Must be able to develop and maintain strong relationships with regulators.

Location: Hybrid Strong preference for this role is in the Washington, DC, or New York City metro areas, as a hybrid role with 3 days/week in our Chevy Chase, MD or NYC office. A remote role may be considered with the expectation that the selected candidate would travel to the Chevy Chase, MD office on a recurring basis as needed (estimated average of 3-5 days/month max).

Annual Salary $105,575.00 - $235,750.00 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.

The GEICO Pledge

Great Company: At GEICO, we help our customers through life's twists and turns. Our mission is to protect people when they need it most and we're constantly evolving to stay ahead of their needs.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career and your potential in mind. You'll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all leve