Pricing Analyst - Specialty Pricing

GeicoChevy Chase, MD
278d$58,425 - $115,825

About The Position

We are seeking candidates who can either start immediately or will be graduating in the future and can join our 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.

Requirements

  • 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
  • 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

Responsibilities

  • 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

Benefits

  • Premier Medical, Dental and Vision Insurance with no waiting period
  • Paid Vacation, Sick and Parental Leave
  • 401(k) Plan
  • Tuition Assistance
  • 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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