Senior Actuarial Analyst

GEICO • Bethesda, MD

1d • $95,325 - $157,850 • Hybrid

About The Position

GEICO is looking for a Senior Actuarial Analyst to join the Reserving Team. The Reserving team is responsible for analyzing claims data and recommending reserves. Reserving books reserves monthly, performs in-depth reserve reviews across multiple lines of business, and collaborates with other areas of the business to share analysis/insights on trends to inform decision-making. Successful candidates will demonstrate strong communication skills, actuarial knowledge, technical capabilities, and intellectual curiosity. Candidates should be able to understand complex business problems and generate solutions.

Requirements

• 3+ years of relevant experience in Property & Casualty, including Pricing and/or Reserving experience preferred
• Experience with ResQ or other Reserving software is considered a plus
• Strong knowledge, utilization of, and ability to learn software tools such as SQL, Excel, R, Python, VBA, PowerBI, etc.
• Strong data visualization skills and ability to translate data into a story
• Excellent communication, problem solving, and creative thinking abilities
• Excellent organization, project, and time management skills
• Able to meet deadlines in a fast-paced environment and adjust priorities as needed
• Able to work independently and in a team environment
• Ability to respond to complex business issues and identify solutions
• Strong attention to detail and a proven ability to produce high quality, error-free work
• Actuarial exams not required, but exam support is provided for qualified candidates interested in pursuing that track

Nice To Haves

• Experience with ResQ or other Reserving software is considered a plus

Responsibilities

• Utilize ResQ and other tools to analyze claims data and develop actuarial projections.
• Make reasonable recommendations for reserves, utilizing data visualization to support recommendations.
• Support monthly, quarterly, and annual financial reporting.
• Identify opportunities to automate processes, enhance efficiency, and implement data-driven solutions.
• Identify emerging trends and understand their impact on claims data.
• Collaborate across departments (Pricing, Product, FP&A, Claims) to share insights and inform decision-making.
• Present and communicate analyses to appropriate decision-makers and stakeholders.

Benefits

• Competitive pay, benefits, and flexibility to support your well-being and future.
• Personalized development programs, mentorship, and certification assistance.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed