Actuaries keep GEICO profitable and financially stable by setting prices, assessing trends, and determining how much money to hold in reserve to pay claims. GEICO Actuarial Pricing is looking for senior analysts to perform and supervise analyses and recommend changes to ratemaking or loss reserves. Successful candidates will demonstrate strong communication skills, actuarial knowledge, technical capabilities, and the ability to drive results. Candidates should be able to understand complex business problems and generate solutions.
Required Qualifications:
- Demonstrated ability in analytical, programming, and mathematical skills
- Understanding of insurance pricing and reserving
- Excellent communication, problem solving, and creative thinking abilities
- Excellent organization, project, and time management skills
- Able to meet deadlines in a fast-paced environment and adjust priorities as needed
- Able to work independently and in a team environment
- Ability to respond to complex business issues and identify solutions
- Strong attention to detail and a proven ability to produce high quality, error-free work
- Strong knowledge, utilization of, and ability to learn software tools such as SAS, SQL, Excel, R, and Python. Ability to lead department adoption of new tools
- 3+ years of pricing, reserving, or analytical experience in an insurance role
- Actuarial exams preferred
Annual Salary: $93,000.00 - $185,000.00
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.
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