Insurance Pricing Analyst

Seeking highly motivated individuals looking for an exciting career in Auto Pricing!

Do you love to solve problems? Do challenging analytical questions keep you up at night? Do you want to start a career with a focus on development and intellectual growth, with ample opportunity for upward mobility? We are looking for bright and driven future college graduates to join our Pricing Department at GEICO!

Pricing is essential to GEICO’s continued success as one of the nation’s leading auto insurers. Analyst duties consist of determining rates for our various insurance products, analyzing and projecting drivers of loss trends, developing and enhancing new insurance products, and much more! Pricing Analysts are motivated, self-driven, and excellent analytical thinkers. You will do more than crunch numbers – you will be active in determining business strategies, educating management on our profitability and projections, and communicating across departments to ensure company success. Your work as a Pricing Analyst will inform a wide range of critical business decisions.

Analysts will be placed into the Auto Pricing & Reserving Track of the rotational CFO Analyst Development Program (ADP). Analysts in the ADP program will gain exposure to the Auto Pricing and/or Reserving Teams through three rotations across a two-year cohort with an embedded support structure, learning and development journey, and community to accelerate your career and prepare you for success.

As a Pricing Analyst, you will:

• Develop and prepare statistical analyses of underwriting or claims experience, which serve as the basis of ratemaking or management information reports
• Develop and present analysis and proposals to various stakeholder groups
• Conduct rate reviews and create filings for a variety of segments of our business

Candidate Qualifications and Skills:

• Bachelor’s degree in Math, Statistics, Actuarial Science, Economics, Business, Data/Business Analytics, or other relevant quantitative field of study OR Bachelor’s degree in any field of study plus prior experience / internship with quantitative analytics; degree obtained by May 2025
• Cumulative GPA of 3.0 or higher (please upload ALL transcripts as part of the application process)
• 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, SQL, 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, and organizational skills
• Previous internship experience in similar fields or businesses a plus
• Must live within commutable distance from one of our offices in Chevy Chase, MD, or Chicago, IL and work a hybrid schedule, including working from the office at least three days per week

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

 

Annual Salary

$54,000.00 - $89,000.00

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.

 

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

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

• Premier Medical, Dental and Vision Insurance with no waiting period**
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Reimbursement
• Paid Training and Licensures

*Benefits may be different by location.  Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.