Geico

Research and Development Analyst

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

Qualifications

  • 5-7 years of experience in R&D analytics or related field
  • Proficient in R; Python knowledge is a plus
  • Expertise in SAS SQL and cloud database technologies
  • Advanced Excel skills, including v-look-ups and pivot tables
  • Strong analytical and statistical analysis capabilities
  • Understanding of insurance products and principles
  • Project management experience, including process control

Responsibilities

  • Create and support multiple insurance products
  • Assist business departments like Underwriting, Claims, and Marketing
  • Interact with databases at a commercial level, both cloud and local
  • Generate large-scale data and translate findings into actionable business insights
  • Perform independent and collaborative data exploration and R&D research
  • Work with technical teams on innovative business solutions
  • Contribute to team communications related to project progress

Benefits

  • Comprehensive Total Rewards program catering to overall well-being
  • 401K savings plan with 6% match from day one
  • Performance-based incentives and tuition assistance
  • Mental health support and assistance for fertility and adoption
  • Flexibility in work arrangements, including remote work options
Full Job Description

 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 essentialcomponentof our unique strategic vision. Analytics have andcontinue to be GEICO’s hallmark in the competitive auto insurance industry. 

Working out of ourChevy Chase, MDoffice, as aR&D Analyst, your job duties will include creating and supporting multiple types of insurance products, assisting different business departments including Underwriting (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. 

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. 

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.  

General Requirements: 

  •  ProficientinR (Python will be a plus) 

  • 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  

Additional Requirements: (Either) 

R&D Analyst II:   

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

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 candidate’s 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

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