Pricing Analyst II
Bethesda, MD - USA
Job Summary
Why Join GEICO
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 on relentless innovation to exceed our customers expectations while making a real impact on local communities nationwide.
Founded in 1936 GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company we want you to feel valued supported and proud to work here. Thats why we offer the GEICO Pledge: Great Company Great Culture Great Rewards and Great Careers.
Your Impact at GEICO
Pricing is essential to GEICOs continued success as one of the nations leading auto insurers. As a Pricing Analyst you will help determine rates for our insurance products analyze and project drivers of loss trends and support the development and enhancement of insurance products. You will play an active role in informing business strategies educating management on profitability and projections and communicating across departments to support company success.
How Youll Make a Difference
- Pricing Analysis: Develop and prepare statistical analyses of underwriting and claims experience that serve as the basis for ratemaking and management information reports.
- Rate Reviews & Filings: Conduct rate reviews and create filings for a variety of segments of the business.
- Business Communication: Develop and present analyses proposals and recommendations to various stakeholder groups.
- Strategic Business Impact: Analyze loss trends support insurance product development and enhancements and contribute insights that inform critical business decisions.
What Were Looking For
Experience & Qualifications:
- Bachelors degree in Mathematics Statistics Actuarial Science Economics Business Analytics Data Analytics or a related quantitative field.
- Proven analytical problem-solving and decision-making abilities.
- Ability to work independently given general direction while thriving in a team environment.
- Preferred minimum of 1-2 years of experience with related job history.
Core Skills:
- Proficiency with data analysis software such as R SAS SQL Python Power BI or similar tools.
- Effective time management communication organizational skills and attention to detail.
- Intermediate to advanced Excel skills.
- Intellectual curiosity and the ability to learn ask insightful questions and solve complex problems.
Preferred Skills:
- Intellectual curiosity and the ability to ask insightful questions.
- Previous internship experience in a related field or business.
Annual Salary
$51250.00 - $115825.00The 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 candidates work experience education and training the work location as well as market and business considerations.
The GEICO Pledge:
Great Company:Protecting customers through lifes twists and turns with innovation and integrity.
Great Careers:Personalized development programs mentorship and certification assistance.
Great Culture:Inclusive and collaborative culture rooted in shared success.
Great Rewards:Competitive pay benefits and flexibility to support your well-being and future.
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.
Required Experience:
IC