Geico

Pricing Analyst II

Geico$51K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field such as Mathematics, Statistics, or Data Analytics.
  • Proven analytical, problem-solving, and decision-making abilities.
  • Ability to work independently and collaboratively within a team.
  • Minimum 1-2 years of relevant experience preferred.
  • Proficiency in data analysis software (R, SAS, SQL, Python, Power BI) and advanced Excel skills.

Responsibilities

  • Develop and prepare statistical analyses for ratemaking and management reports.
  • Conduct rate reviews and create filings for business segments.
  • Prepare and present analyses, proposals, and recommendations to stakeholders.
  • Analyze loss trends and support product development and enhancements.
  • Provide insights that inform critical business decisions.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • Retirement savings plan with company match.
  • Paid time off, including vacation and sick leave.
  • Opportunities for professional development and growth.
  • Flexible work environment.
Full Job Description
Your Impact at GEICO

Pricing is essential to GEICO's continued success as one of the nation's leading auto insurers. As a Pricing Analyst, you will help determine rates for our insurance products, analyze and project drivers of loss trends, and support the development and enhancement of insurance products. You will play an active role in informing business strategies, educating management on profitability and projections, and communicating across departments to support company success.

How You'll Make a Difference
  • Pricing Analysis: Develop and prepare statistical analyses of underwriting and claims experience that serve as the basis for ratemaking and management information reports.
  • Rate Reviews & Filings: Conduct rate reviews and create filings for a variety of segments of the business.
  • Business Communication: Develop and present analyses, proposals, and recommendations to various stakeholder groups.
  • Strategic Business Impact: Analyze loss trends, support insurance product development and enhancements, and contribute insights that inform critical business decisions.


What We're Looking For

Experience & Qualifications:
  • Bachelor's degree in Mathematics, Statistics, Actuarial Science, Economics, Business Analytics, Data Analytics, or a related quantitative field.
  • Proven analytical, problem-solving, and decision-making abilities.
  • Ability to work independently given general direction while thriving in a team environment.
  • Preferred minimum of 1-2 years of experience with related job history.


Core Skills:
  • Proficiency with data analysis software such as R, SAS, SQL, Python, Power BI, or similar tools.
  • Effective time management, communication, organizational skills, and attention to detail.
  • Intermediate to advanced Excel skills.
  • Intellectual curiosity and the ability to learn, ask insightful questions, and solve complex problems.


Preferred Skills:
  • Intellectual curiosity and the ability to ask insightful questions.
  • Previous internship experience in a related field or business.


Annual Salary
$51,250.00 - $115,825.00
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.

About Geico

GEICO (Government Employees Insurance Company) is an American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. GEICO is a wholly owned subsidiary of Berkshire Hathaway that provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. The insurance agency sells policies through local agents, called GEICO Field Representatives, and over the phone directly to the consumer, and through their website.
Learn more about Geico
Size
40,000 employees
Industry
Founded
1936

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