Product Project Management Specialist, Long Term Care

Genworth Financial Richmond , VA 23234

Posted 2 months ago

POSITION TITLE

Product Project Management Specialist, Long Term Care

LOCATION

Richmond, VA (hybrid work schedule)

Lynchburg, VA (hybrid work schedule)

This position is available to Virginia residents as Richmond or Lynchburg, Virginia in-office applicants with a hybrid work schedule.

At Genworth, we are committed to caring for our customers and for the safety of our colleagues. In the event the office is inaccessible (e.g., inclement weather), this role may be required to work remotely.

YOUR ROLE

The core responsibility of this role is to, as part of a small team, assist with the strategy, monitoring and reporting of rate filings and state responses as a cross-functional team member by leveraging a comprehensive understanding of 1) state requirements, relationships, and filing history; (2) LTC Inforce multi-year plan/asset adequacy goals; (3) business processes; and (4) resource capacity. Your role will be to emerge as the senior subject matter expert for these responsibilities.

You will compile and analyze select key business metrics, facilitate cross-functional team meetings, serve as an advisor, and develop comprehensive, customized materials used to support (a) creation of rate & annual filings and objection responses; (b) state regulatory meetings; (c) administrative hearing requests and other litigation efforts; (d) Genworth testimony during public hearings; (e) management reviews/discussions; (f) external reporting; (g) state approval assumption development; (h) responses to customer complaints; etc. You will also support the development, assessment, project management and/or execution of select process improvement and enhancement efforts. You will present status and progress to senior leadership groups and forums.

As a Product Project Management Specialist, you will support goal development & proactive monitoring; filing & approval performance reporting; and rate filing, annual filing, objection response, & regulatory engagement efforts.

WHAT YOU WILL BE DOING

  • Compile detailed and management level summary reports to monitor rate increase approval performance by state and product (e.g., status of filing, approved-to-requested, 51 Jurisdiction schedules; etc.)

  • Calculate and communicate the incremental premium impact of rate increase offers & approvals as received to senior leadership

  • Lead filing note requirements gathering and compilation efforts, facilitate discussions, and document key takeaways in support of strategy development/validation for state rate filings

  • Compile and distribute a bi-weekly LTC inforce dashboard summarizing select filing, approval, and implementation activity which includes incorporating updates provided by other team members; the document is used to support cross-functional team meetings in effort to foster collaboration, highlight opportunities, share key business updates, and discuss/outline tactical plans for achieving key milestones.

  • Compile and distribute a monthly LTC inforce Executive deck to Senior Leaders summarizing filing, approval, and implementation activity from the previous month

  • Assist with preparation of select annual filings and state data calls (e.g., annual California LTC Rate Guide Data Call)

  • Compile rate filing history summaries to support various internal and external meetings as well as compliance with service level agreements; share select updates via quarterly conference calls with AARP Services Inc.

  • Assist with capability enhancement and lead process automation efforts, as needed

  • Lead or coordinate cross-functional project/program teams from design to delivery of fully developed products that are ready for customer use

MUST HAVE / WHAT YOU BRING

  • 3-5 years of related work experience

  • Strong oral and written communication skills

  • Strong analytical and problem-solving skills

  • Ability to meet project deadlines and manage multiple priorities

  • Strong personal initiative and focus on delivering high quality results

  • Team player that consistently demonstrates a positive attitude

NICE TO HAVE

  • LTC Insurance experience

  • Strong project management skills

WHAT WE OFFER

  • We have a real impact on the lives of the people we serve

  • We work on challenging and rewarding projects

  • We give back to the communities where we live

  • We offer competitive benefits including:

  • Medical, Dental, Vision, Flexible Spending Account options beginning your first day

  • Generous Choice Time Off your first full year

  • 12 Paid Holidays

  • 40 hours of volunteer time off

  • 401K Account with matching contributions

  • Tuition Reimbursement and Student Loan Repayment

  • Paid Family Leave

  • Child Care Subsidy Program

COMPANY

Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 provider of products, services and solutions that help families address the financial challenges of aging. Headquartered in Richmond, Virginia, we apply our nearly 150 years of experience each day to helping people navigate caregiving options and fund their long term care needs. Genworth is also the parent company of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. For more information on Genworth, please visit https://www.genworth.com/. From time to time Enact separately releases financial and other information about its operations. This information can be found at https://ir.enactmi.com/.

[Select one of the following business segment descriptions and delete the others.]

The mission of Genworth's US Life business is to efficiently keep our promises to our customers and their families and to lead the industry forward to solve the nation's long term care crisis.

We know we can't deliver on our mission unless we deliver for our employees. That's why we're committed to creating a work environment that fosters diversity, inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being. We know each employee contributes in their own unique way and we're dedicated to supporting every one of them to help them reach their full potential.

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

No agencies please.


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