GEICO

Chief Compliance Officer

GEICO

full-time

Posted on:

Location Type: Hybrid

Location: Chevy Chase • Maryland • New York • United States

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Salary

💰 $322,000 - $598,000 per year

Job Level

Lead

About the role

  • Design, implement, and continuously enhance a comprehensive enterprise compliance framework, including development of policies, training, monitoring, and reporting mechanisms to ensure organizational integrity and consistency
  • Advise the executive leadership team and Board of Directors (or designated committee) on compliance risks, emerging regulatory trends, and control effectiveness, providing actionable recommendations to support informed decision-making
  • Champion and actively promote a strong risk-aware culture and ethical conduct across all business units and functions by leading training initiatives, effective communications, and recognition programs
  • Develop, implement, and manage enterprise-level compliance policies and procedures to ensure consistency and effectiveness across the organization.
  • Lead the annual compliance risk assessment and planning process, integrating with the enterprise risk management (ERM) framework
  • Monitor and analyze new regulatory changes, ensuring timely adaptation of internal policies and procedures
  • Oversee the creation and maintenance of compliance dashboards, key performance indicators (KPIs), and board-level reporting to inform leadership and drive accountability
  • Ensure documentation and recordkeeping meet all regulatory expectations and industry best practices
  • Collaborate with Legal, Internal Audit, ERM, Underwriting, Claims, Product, Internal Controls and IT to proactively identify and address cross-functional and emerging compliance risks
  • Evaluate internal controls and recommend improvements to strengthen compliance management systems
  • Ensure organizational compliance with all applicable federal, state, and local laws and regulations
  • Oversee and evaluate compliance monitoring and testing activities performed by business units or second-line functions
  • Partner with Government and Regulatory Affairs on regulatory inquiries, examinations, and audits; support business units during such engagements
  • Foster a robust culture of ethics and compliance throughout the organization.
  • Develop and implement comprehensive compliance training programs for all staff, leadership, and relevant third-party partners.
  • Deliver regular compliance updates to senior leadership and the Board of Directors, including detailed analysis of emerging trends, risks, and findings
  • Manage corrective action plans, ensuring timely and effective remediation of identified issues.

Requirements

  • Bachelor’s degree from an accredited 4-year college or university; Juris Doctor (JD) or advanced degree preferred
  • 15+ years of compliance, legal, or regulatory experience in the insurance or financial services industry, including demonstrated leadership and team management experience
  • Proven ability to develop and execute complex strategies that align policy priorities with business objectives
  • Exceptional ability to analyze complex legislative and regulatory environments and translate findings into actionable recommendations
  • Excellent written and verbal communication skills; proven ability to persuasively articulate positions to policymakers and advise senior executives on complex issues
  • Demonstrated success cultivating trusted relationships with policymakers, regulators, and industry leaders
  • Strong knowledge of insurance regulations and property and casualty operations.
Benefits
  • Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
  • Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
  • Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
  • Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compliance framework designpolicy developmentrisk assessmentregulatory analysiscompliance monitoringinternal controls evaluationcompliance training program developmentcorrective action plan managementkey performance indicators (KPIs)reporting mechanisms
Soft Skills
leadershipcommunicationrelationship buildingstrategic thinkinganalytical skillsethical conduct promotionteam managementpersuasive articulationcollaborationcultural awareness
Certifications
Bachelor’s degreeJuris Doctor (JD)advanced degreecompliance certificationrisk management certificationlegal certificationinsurance certificationfinancial services certificationproject management certificationinternal audit certification