Senior Insurance Actuarial Analyst - Auto

GEICO • Chicago, IL

69d • Hybrid

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. About the Role: GEICO Pricing is looking for a Senior Analyst to join the Pricing & Claim Analytics Team. The Claim Analytics team within Pricing is responsible for the transformation of raw claim data into valuable and actionable insights that enhance the accuracy of financial projections and reserving, improve pricing precision, and enable better 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 pricing, reserving, or analytical experience in an insurance role (Property or Casualty Preferred)
• Strong knowledge, utilization of, and ability to learn software tools such as SQL, Excel, R, Python, PowerBI, etc.
• Ability to lead department adoption of new tools
• Demonstrated ability in analytical, programming, and mathematical skills
• Understanding of insurance pricing and reserving
• 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

Responsibilities

• Prepare and review routine reports of internal and external claim trends and drivers behind claim behavior.
• Perform research and analysis on medium to complex projects aimed to enhance our understanding of underlying loss costs.
• Extract key insights from multiple data sources and streamline program analysis procedures in SQL, R, Python, or other programming languages.
• Present and communicate analyses to appropriate decision-makers and stakeholders.
• Ensure the accuracy of data sources by contributing to the design and implementation of statistical data quality procedures.
• Develop and maintain data sources and regular information sources for the team/department.
• Recommend and implement enhancements to our current team processes.

Benefits

• We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.
• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
• 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.

What This Job Offers

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