Insurance Product Analyst

GEICO•Cleveland, MD

About The Position

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. Seeking highly motivated individuals looking for an exciting career in Insurance Product Management! Do you love to solve problems? Do challenging analytical questions keep you up at night? Do you want to have a career with a focus on development and intellectual growth on a growing team that provides ample opportunity for upward mobility? We are looking for bright and driven individuals to join our Commercial Auto Insurance Product Management team at GEICO! Insurance Product Management is essential to GEICO’s continued success. The duties consist of analyzing complex business problems and key performance measures, understanding the drivers of performance, helping develop solutions to problems, and much more! Insurance Product Analysts are motivated, self-driven, and excellent analytical thinkers. As an Insurance Product Analyst, in addition to working with peers and management, you can expect to work closely with our partners in other areas of the business unit. You will do more than crunch numbers – you will be active in determining business strategies, educating management on our results, and communicating across departments to ensure company success. Your work as an Insurance Product Analyst will inform a wide range of critical business decisions.

Requirements

Bachelor’s degree in Economics, Business, Math, Statistics, Data/Business Analytics, or other relevant quantitative field of study OR Bachelor’s degree in any field of study plus prior experience
Proven analytical, problem-solving, and decision-making abilities
Highly effective communication skills
Intermediate to advanced skills in Excel
Basic to intermediate proficiency in SQL or other similar languages to extract data
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, communication, and organizational skills
1 - 2 years of analytical experience in insurance or a similar field required

Nice To Haves

Previous experience in auto insurance is a plus

Responsibilities

Develop, prepare, and interpret statistical analyses of key business metrics to help support strategic decisions within the business unit
Develop, interpret, and present analysis and proposals to various stakeholder groups to help solve mid to high level business problems in pursuit of company goals
Employ basic statistical techniques to model various underwriting and pricing business practices

Benefits

Premier Medical, Dental and Vision Insurance with no waiting period
Paid Vacation, Sick and Parental Leave
401(k) Plan
Tuition Assistance including Direct Billing and Reimbursement payment plan options
Paid Training, Licensures, and Certificates
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.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume