Senior Insurance Product Analyst I

Posted:
8/18/2024, 5:00:00 PM

Location(s):
Chevy Chase, Maryland, United States ⋅ Maryland, United States

Experience Level(s):
Senior

Field(s):
Data & Analytics

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

#LI-MA1


 

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.

GEICO

Website: http://www.geico.com/

Headquarter Location: Chase, Maryland, United States

Employee Count: 10001+

Year Founded: 1936

IPO Status: Private

Industries: Auto Insurance ⋅ Financial Services ⋅ Government ⋅ Insurance ⋅ Internet ⋅ Mobile