Insurance Pricing Analyst

GeicoChevy Chase, MD
405d$54,000 - $89,000

About The Position

The Pricing Analyst position at GEICO is designed for motivated individuals eager to embark on a career in Auto Pricing. This role focuses on analytical problem-solving and offers opportunities for intellectual growth and upward mobility within the Pricing Department. Analysts will engage in determining insurance rates, analyzing loss trends, and developing new insurance products, playing a crucial role in informing business strategies and decisions.

Requirements

  • Bachelor's degree in Math, Statistics, Actuarial Science, Economics, Business, Data/Business Analytics, or a relevant quantitative field, or any field with prior quantitative analytics experience; degree obtained by May 2025.
  • Cumulative GPA of 3.0 or higher.
  • Proven analytical, problem-solving, and decision-making abilities.
  • Highly effective communication skills.
  • Intermediate to advanced skills in Excel.
  • Basic to intermediate proficiency with data analysis software like R, SAS, SQL, Python, or Power BI.
  • Ability to work independently and thrive in a changing team environment.
  • Ability to handle multiple concurrent priorities with accurate and timely results.
  • Intellectual curiosity and ability to ask insightful questions.
  • Effective time management, attention to detail, and organizational skills.
  • Previous internship experience in similar fields or businesses is a plus.

Nice To Haves

  • Previous internship experience in similar fields or businesses.

Responsibilities

  • Develop and prepare statistical analyses of underwriting or claims experience for ratemaking or management reports.
  • Develop and present analysis and proposals to various stakeholder groups.
  • Conduct rate reviews and create filings for various business segments.

Benefits

  • 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.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

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