Location: Chevy Chase,MD, USA
We are seeking candidates who can either start immediately or will be graduating in the future and can join our January 27th or July 14th cohort.
Seeking highly motivated individuals looking for an exciting career in Specialty Pricing!
Do you love to solve problems? Do challenging analytical questions keep you up at night? Do you want to start a career with a focus on development and intellectual growth, with ample opportunity for upward mobility? We are looking for creative, driven future college graduates to join the Specialty Pricing team at GEICO!
The Specialty Pricing team is home to a wide array of lines of business at the GEICO Organization, including commercial, powersports, recreational vehicle, boat, and personal umbrella products. Analyst duties consist of determining rates for our insurance products, analyzing and projecting drivers of loss trends, developing and enhancing new insurance products, and much more! Our Analysts are motivated, self-driven, and excellent analytical thinkers. As a Pricing Analyst, you can expect to work closely with our partners in Product Management and Actuarial Reserving. You will do more than crunch numbers - you will be active in determining business strategies, educating management on our profitability and projections, and communicating across departments to ensure company success. Your work as a Pricing Analyst will inform a wide range of critical business decisions.
Actuarial designation pursuit is not required, but candidates pursuing an actuarial designation will be supported.
As a Pricing Analyst, you will:
* Develop and prepare statistical analyses of underwriting or claims experience, which serve as the basis of ratemaking or management information reports
* Develop and present analysis and proposals to various stakeholder groups
* Conduct rate reviews and create filings for a variety of segments of our business
Candidate Qualifications and Skills:
* Bachelor's degree in Economics, Business, Math, Actuarial Science, Econ, Statistics, Data/Business Analytics, or other relevant quantitative field of study OR Bachelor's degree in any field of study plus prior experience / internship with quantitative analytics; degree obtained by May 2025
* Cumulative GPA of 3.0 or higher (please upload ALL transcripts as part of the application process)
* Proven analytical, problem-solving, and decision-making abilities
* Highly effective communication and collaboration skills
* Intermediate to advanced skills in Excel
* Basic to intermediate proficiency with data analysis software like R, SAS, Python, or Power BI
* Ability to work independently given general direction and to thrive in a team environment that is constantly changing
* Ability to handle multiple concurrent priorities, providing accurate and timely results
* Intellectual curiosity to learn and ability to ask insightful questions
* Effective time management, attention to detail, and organizational skills
* Previous internship experience in similar fields or businesses a plus
* Must live within commutable distance from our Chevy Chase, MD office and work a hybrid schedule
Annual Salary
$57,000.00 - $89,000.00
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 Reimbursement
* 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.