Posted:
8/26/2024, 5:00:00 PM
Location(s):
Chevy Chase, Maryland, United States ⋅ Maryland, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Business & Strategy ⋅ Data & Analytics
This position partners with GEICO's Specialty Underwriting, Research, Marketing, and Finance teams to support pricing needs for Commercial, Motorcycle, Recreational Vehicle, Umbrella, and Boat products. The work of this position includes opportunity for training and coaching newer associates, providing thought leadership on analytical problems, working across department functions to influence business strategy and decision making, and leading implementation of solutions to technical problems.
Candidates wishing to pursue an actuarial exam credential will be supported in this role, but it is not a prerequisite.
In this role, you can expect to
Train, develop, and coach a team of associates.
Partner across a team including Pricing, Product, R&D, Marketing, and Finance understand the impacts of external environment changes on the book of business and to influence strategic decision making. Clearly communicate results and methodologies to fellow business owners.
Monitor and report on performance trends for expected loss ratios and underlying rate indications. Evaluate pricing/customer segmentation opportunities.
Provide thought leadership for developing indications and targets, and for improving efficiency, transparency, and quality of indications. Resolve issues as they arise. Provide line of business pricing expertise.
Lead and improve analysis, selection, and communication of core actuarial work including trend selections and rate filings.
Qualifications
Bachelor's degree or higher with an emphasis in Finance, Mathematics, or related field of study or commensurate experience.
3-7 years of relevant full-time work experience.
Proven statistical analysis experience, applying both qualitative and quantitative information to solve business problems.
Knowledge of actuarial pricing techniques and principles.
Excellent communication and collaboration skills. Team player.
Prior management or leadership experience.
Prior management leadership experience.
Insurance industry experience required.
Experience training new hires.
Annual Salary
$98,000.00 - $154,000.00The 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.
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:
*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.
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