Geico

Research and Development Analyst

Geico$75K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree or higher in Statistics, Mathematics, Data Science, Economics, or related quantitative fields for R&D Analyst II.
  • PhD degree in the same fields for R&D Analyst III.
  • Master's degree in lieu of PhD with 2+ years of analytical experience.
  • Proficient in R and SAS SQL, with cloud database knowledge.
  • Ability to analyze data using statistical and mathematical methods.

Responsibilities

  • Create and support various insurance products across departments.
  • Conduct independent and collaborative R&D research.
  • Drive analytical innovation with business and technical teams.
  • Experiment with new modeling techniques and derive new metrics.
  • Communicate project-related findings effectively.

Benefits

  • Opportunity for cross-department collaboration.
  • Focus on innovation within the insurance industry.
  • Access to advanced analytical tools and cloud databases.
Full Job Description

Your ImpactatGEICO

At GEICO, Research and Development (R&D) is fundamental to our business. Complex analysis underlies every major decision for our research and development and is an essential component of our unique strategic vision. Analytics haveand continue to be GEICO27s hallmark in the competitive auto insurance industry.

HowYou27llMake a Difference

  • Create and Support Insurance Products: Working out of our Bethesda, MD office, as a R&D Analyst, your job duties will include creating and supporting multiple types of insurance products, assisting different business departments including Under Writing (UW), Claims, Marketing and Advertising to achieve their business goals, interacting with commercial grade database in cloud or local, generating large-scale data and translating it into business values.

  • Conduct Research and Drive Analytical Innovation: You will perform data exploration and R&D research independently and collaboratively, work with cross-functional business and technical teams on business and analytical innovation and contribute to project-related communication.

  • Advance Insurance Industry Innovation: You will be part of a team that is focused on innovation in the insurance industry: Trying new modeling techniques, deriving new metrics, and tackling complex questions that the company has never tried to answer before.

WhatWe27reLooking For

Experience & Qualifications:

R&D Analyst II:

  • Master27s degree or higher in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.

R&D Analyst III:

  • PhD degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.

  • In lieu of PhD degree:

  • Master27s degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative / analytics fields, and a minimum of 2 years of analytical experience.

Core Skills:

  • Proficient in R

  • SAS SQL knowledge

  • Cloud database knowledge

  • Proficient in Excel v-look-up, pivot tables, charts and graphing

  • Ability to analyze data using statistical, mathematical or data mining methods

  • Knowledge of insurance rating products and principles

  • Knowledge of Claims, UW, Marketing or Agent

  • Experience in process control and project management

Preferred Skills:

  • Proficient in Python


Annual Salary

$75,000.00 - $160,000.00

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 candidate27s work experience, education and training, the work location as well as market and business considerations.


GEICO will consider sponsoring a new qualified 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

Similar Jobs

More Jobs at Geico

More Finance & Insurance Jobs

Find similar Research and Development Analyst jobs: