Geico

Senior Insurance Product Analyst I

Geico$52K — $157K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field (Economics, Business, Math, etc.) or relevant experience
  • Proven analytical and problem-solving skills
  • Strong communication abilities
  • Intermediate to advanced Excel skills
  • Basic to intermediate proficiency in data analysis tools (R, SAS, Python, Power BI)
  • Capacity to work independently or in a team setting
  • Experience in auto insurance, especially Commercial Auto is a plus

Responsibilities

  • Develop and interpret statistical analyses of key business metrics
  • Present analyses and proposals to stakeholders for strategic decision-making
  • Use statistical techniques to model underwriting and pricing practices
  • Collaborate with cross-functional teams to inform business strategies
  • Analyze complex business problems to identify solutions
  • Educate management on performance results and trends
  • Support strategic decisions related to insurance sales and claims

Benefits

  • Opportunities for career development and growth
  • Focus on intellectual development within a dynamic team
  • Involvement in critical business decision-making processes
  • Engagement with various departments to ensure company success
Full Job Description
Senior Insurance Product Analyst

*Must have have experience with Pricing or Product/State Management Analytical experience in the INSURANCE INDUSTRY. *

Do you love to solve problems? Do challenging analytical questions keep you up at night? Do you want to have a career with a focus on development and intellectual growth on a growing team that provides ample opportunity for upward mobility? We are looking for bright and driven individuals to join our Commercial Auto Insurance Product Management team at GEICO!

Insurance Product Management is essential to GEICO's continued success. The duties consist of analyzing complex business problems and key performance measures, understanding the drivers of performance, helping develop solutions to problems, and much more! Insurance Product Analysts are motivated, self-driven, and excellent analytical thinkers. As an Insurance Product Analyst, in addition to working with peers and management, you can expect to work closely with our partners in other areas of the business unit. You will do more than crunch numbers - you will be active in determining business strategies, educating management on our results, and communicating across departments to ensure company success. Your work as an Insurance Product Analyst will inform a wide range of critical business decisions.

As an Insurance Product Analyst, you will:
  • 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


Candidate Qualifications and Skills:
  • 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 specifically in Commercial Auto is a plus


Annual Salary
$52,275.00 - $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.

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 Senior Insurance Product Analyst I jobs: