At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. 

Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose. 

When you join our company, we want you to feel valued, supported and proud to work here. That’s why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers.

The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2024, GEICO earned premiums worth over $43 billion U.S. dollars.

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose.

When you join our company, we want you to feel valued, supported and proud to work here. That’s why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers.

GEICO is searching for a highly motivated leader to join our Treasury team! The Treasury Director is a key leadership position overseeing Accounts Receivable, Accounts Payable, as well as for Corporate Banking and Short-term Investments and will report to the Treasurer. This is a great opportunity for someone looking to add immediate value and impact to a fast-changing company and help evolve the Treasury function. 

The Director will be responsible for various aspects of treasury operations including but not limited to optimizing receivables, cash management, short-term investments, banking strategy, cash flow forecasting, payables and expense policy, internal controls, in addition to supporting broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management and investment of short- term cash balances.

The successful candidate must be able to work in a fast-paced environment in a role with high visibility and accountability, and work with multiple partners (internal and external). Additionally, this candidate is excited about an opportunity to revamp and improve existing processes, identify and execute on new solutions, is self-driven and able to prioritize multiple concurrent, complex tasks while maintaining a strong attention to detail.  Strong written and oral communication skills and interpersonal skills are critical for success as this role frequently engages with partners across the Finance team, GEICO, as well as banking partners and financial services providers.

Location: Chevy Chase, MD

Key Responsibilities

• Oversee all treasury activities around cash management, banking strategy, cash forecasting, short-term investing to optimize returns, accounts payables and expense policy enforcement, internal controls, and broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management, and investment of short- term cash balances.
• Actively manage banking relationships. Responsible for driving banking strategy and pricing, account structure and management.
• Partner with Controllers and Systems to ensure accurate and automated cash flow forecast, as well as timely reporting and reconciliation of all cash activity.
• Ensure all Treasury procedures, internal controls, SOX requirements, etc. are followed and identify and monitor industry and market trends to further enhance controls and processes.
• Develop new controls and procedure documents where needed and/or appropriate. Develop and maintain treasury operational policies.
• Aware of industry trends and the potential impacts to GEICO, anticipate change and position the treasury operations function for optimal execution.
• Partner with systems and technology teams to identify areas for improvement, document requirements, and help implement new treasury management technologies.
• Ad hoc project support.

Qualifications

• Minimum 12-15 years of relevant experience in cash management treasury operations and/or corporate finance / banking background, with experience managing a team of 10 or more.
• High level of integrity and ability to maintain confidentiality of sensitive and proprietary information
• Strong analytical, financial modeling, and systems skills are required
• Strong knowledge of cash management principles as well as bank products and services online banking tools wires ACH credit card processing etc.
• Experienced in handling complex banking and organizational structures and banking systems and processes.
• Proficiency in MS Excel and various treasury management systems.
• Strong organizational skills, attention to detail and commitment to high-quality work product
• Demonstrated ability to manage multiple key stakeholders and coordinate across various teams to execute necessary functions and agreed upon plans
• Strong oral and written communication skills including strong presentation skills
• Bachelor’s degree in finance, economics, or accounting is preferred with strong preference for additional graduate degrees or certifications (Masters, MBA, CTP, etc.)

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.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

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, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.

• 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.
• In office and remote opportunities, as well as our signature GEICO Flex program, offering the ability to work remotely for up to four weeks per year.

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.

#LI-SS1

 

Annual Salary

$146,575.00 - $229,600.00

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.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

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 levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.

• 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.

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.