Senior Insurance Actuarial Analyst - Auto

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.

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.

Required Qualifications:

• 4+ 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

Hybrid- Three Days a week in Office.

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Annual Salary

$77,900.00 - $157,850.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

The GEICO Pledge:

Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind.  You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared succes