Senior Insurance Product Analyst I

GEICO•Lakeland, MD

About The Position

GEICO is seeking bright and driven individuals to join their Commercial Auto Insurance Product Management team. This role is essential to GEICO's continued success, involving the analysis of complex business problems and key performance measures, understanding performance drivers, and developing solutions. Insurance Product Analysts are motivated, self-driven, and excellent analytical thinkers who will work closely with peers, management, and partners in other business areas. The role involves more than just crunching numbers; it includes determining business strategies, educating management on results, and communicating across departments to ensure company success. The work will inform a wide range of critical business decisions.

Requirements

Bachelor’s degree in Economics, Business, Math, Statistics, Data/Business Analytics, or other relevant quantitative field of study OR Bachelor’s degree in any field of study plus prior experience.
Proven analytical, problem-solving, and decision-making abilities.
Highly effective communication 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 given general direction and to thrive in a team environment that is constantly changing.
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, communication, and organizational skills.
Previous experience in auto insurance.
Experience with Pricing or Product/State Management.
Analytical experience in the INSURANCE INDUSTRY.

Nice To Haves

Experience specifically in Commercial Auto is a plus.

Responsibilities

Develop, prepare, and interpret statistical analyses of insurance sales, claims experience, or other key business metrics to help support strategic decisions within the business unit.
Develop, interpret, and present analysis and proposals to various stakeholder groups to help solve mid to high level business problems in pursuit of company goals.
Employ basic statistical techniques to model various underwriting and pricing business practices.