Senior Insurance Actuarial Analyst - Auto

Geico Insurance•Chicago, IL

73d•Hybrid

About The Position

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
Actuarial exams not required, but exam support is provided for qualified candidates interested in pursuing that track

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

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.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume