Pricing Analyst - Specialty Pricing

GEICO•Bethesda, MD

2d•Hybrid

About The Position

Seeking highly motivated individuals looking for an exciting career in Specialty Pricing! Specialty Pricing is an engaging, collaborative environment that is seeking future college graduates to join the team. If working on a team that emphasizes curiosity, creativity, and upward growth speaks to you, Specialty Pricing is the perfect place to kickstart your analytical career. The Specialty Pricing team is home to a wide array of business segments at GEICO, including commercial, powersports, recreational vehicle, boat, and personal umbrella. Analyst duties consist of determining and implementing rates for 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. Your active participation in profitability analysis will drive business decision-making, ensuring company and line of business success. 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 2027
Cumulative GPA of 3.0 or higher
Must live within commutable distance from our Bethesda, MD office and work a hybrid schedule
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 and build ownership over projects
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

Nice To Haves

Previous internship experience in similar fields or businesses a plus

Responsibilities

Develop and prepare statistical analyses of underwriting or claims experience, which serve as the basis of ratemaking or management information reports
Conduct rate reviews, create filings, and implement rate changes for a variety of segments of our business
Develop and present analysis and proposals to various stakeholder groups
Develop relationships with product management and learn business strategy
Develop and improve tools to streamline processes and drive improvements in analytics