Research & Development Analyst III

GEICO•Bethesda, MD

19h•Onsite

About The Position

At GEICO, Research and Development (R&D) is fundamental to our business. Complex analysis underlies every major decision for our research and development and is an essential component of our unique strategic vision. Analytics have and continue to be GEICO’s hallmark in the competitive auto insurance industry. This role involves creating and supporting multiple types of insurance products, assisting different business departments including Underwriting (UW), Claims, Marketing and Advertising to achieve their business goals, interacting with commercial grade database in cloud or local, generating large-scale data and translating it into business values. You will perform data exploration and R&D research independently and collaboratively, work with cross-functional business and technical teams on business and analytical innovation and contribute to project-related communication. You will be part of a team that is focused on innovation in the insurance industry: Trying new modeling techniques, deriving new metrics, and tackling complex questions that the company has never tried to answer before.

Requirements

Proficient in R (Python will be a plus)
SAS SQL knowledge
Cloud database knowledge
Proficient in Excel v-look-up, pivot tables, charts, and graphing
Ability to analyze data using statistical, mathematical or data mining methods
Knowledge of insurance rating products and principles
Knowledge of Claims, UW, Marketing or Agent
Experience in process control and project management
PhD degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.
In lieu of PhD degree: Master’s degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative / analytics fields, and a minimum of 2 years of analytical experience.

Nice To Haves

Python knowledge

Responsibilities

Creating and supporting multiple types of insurance products
Assisting different business departments including Underwriting (UW), Claims, Marketing and Advertising to achieve their business goals
Interacting with commercial grade database in cloud or local
Generating large-scale data and translating it into business values
Performing data exploration and R&D research independently and collaboratively
Working with cross-functional business and technical teams on business and analytical innovation
Contributing to project-related communication
Trying new modeling techniques
Deriving new metrics
Tackling complex questions that the company has never tried to answer before