GEICO

Senior Actuarial Analyst

Posted on: 26 Jan 2022

Chevy Chase, MD

Job Description

As a Senior Actuarial Analyst, you may also write and review text for rate reviews, filings, and internal memos and e-mails describing results of analysis and assist in advocacy of filings with regulators.  You may design and test databases and experience reports in consultation with IT and may present analyses to members of management.  Senior actuarial analysts are also expected to be active in disseminating actuarial, technical and analytical knowledge and best practices throughout the department.
 

Candidate qualifications:

BA/BS required in Statistics, Analytics, Mathematics, Computer Science, Operations Research, Economics, or related field
Active progress towards achieving CAS actuarial designation required
5 or more exams preferred
2 ½ or more years work related experience required
Outstanding analytical (mathematical) skills
Good communication skills
Experience using SQL, R, Shiny, Python, Power BI or other programming languages strongly preferred
Good understanding of personal auto ratemaking or reserving is required
Grade level will be 68-69 depending on experience and skills.

Benefits:

As a Senior Actuarial Analyst, 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 with Profit Sharing
Tuition Reimbursement
Paid Training and Licensures

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

**Coverage begins with the pay period after hire date. 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.

To ensure our associates receive the training and support needed to excel and thrive, associates hired for this position are generally required to work at the GEICO building during their orientation period. GEICO follows federal and state guidance and legal requirements regarding measures designed to limit the spread of COVID-19, including masking and social distancing. Measures may vary by GEICO location.

GEICO

Chevy Chase, MD

GEICO At A Glance

Want to find out just how many customers we serve? Interested in seeing proof of GEICO's financial strength? Just want to know what the heck GEICO stands for? You've come to the right place. Peruse the facts and figures here to find out everything you've ever wanted to know about GEICO corporate operations.

What does GEICO stand for?

Government Employees Insurance Company. Puzzled, are you? Well, the name goes back to the beginnings of the company. Founder Leo Goodwin first targeted a customer base of U.S. government employees and military personnel. Today, of course, the company has grown to provide insurance to a wide range of customers, whether they're employed by Uncle Sam or the private sector.

How many customers does GEICO serve?

More than 17 million auto policies in force and growing
GEICO insures more than 28 million vehicles

Just The Stats On GEICO

Tony Nicely, Executive Chairman
Bill Roberts, Vice Chairman
Todd Combs, President and CEO
Second-largest private passenger auto insurer in the United States (A.M. Best)
One of the fastest-growing major auto insurers in the U.S.
Employs more than 40,000 associates
Maintains 17 major offices around the country
Provides 24-hour service, seven days a week, 365 days a year
Seven affiliated companies to meet insurance needs of drivers

What's the connection with Berkshire Hathaway?

In 1996, GEICO became a wholly owned subsidiary of Berkshire Hathaway, headed by Warren Buffett, one of the country's most successful investors. For the past several years, Fortune magazine has named Berkshire's property-casualty insurance operation the most admired in the country.

Who vouches for GEICO's financial strength?

Government Employees Insurance Company (GEICO) and its affiliate companies (GEICO General Insurance Company, GEICO Indemnity Company, GEICO Casualty Company, GEICO Advantage Insurance Company, GEICO Choice Insurance Company, GEICO County Mutual, and GEICO Secure Insurance Company) enjoy high ratings in the industry for financial strength and claims-paying ability:

AA+ rating from Standard and Poor's
Aa1 from Moody's
A++ from A. M. Best

When and where to reach GEICO?

Contact us 24 hours a day, seven days a week, 365 days a year
www.geico.com
(800) 841-3000

Corporate headquarters:
5260 Western Avenue, Chevy Chase, Md. 20815

Mailing address:
One GEICO Plaza, Washington, D.C. 20076

Regional offices:

Buffalo, New York
Dallas, Texas
Fredericksburg, Virginia
Lakeland, Florida
Macon, Georgia
San Diego, California
Tucson, Arizona
Virginia Beach, Virginia
Woodbury, New York

Service centers:

Honolulu, Hawaii
Indianapolis, Indiana
Kansas City, Kansas
Iowa City, Iowa

Claims centers:

Houston, Texas
Marlton, New Jersey
Seattle, Washington

What does GEICO offer our men and women in uniform?

Since its founding in 1936, GEICO has worked to offer members of the U.S. military the most affordable insurance options. We continue to recognize the troops' important service to our country with special discount programs and service options, whether they are deployed domestically or abroad, in peacetime, or in times of conflict. GEICO is always committed to providing members of the military the service and respect that they deserve.

Does GEICO offer more than car insurance?

Indeed! In addition to auto insurance, GEICO can help you with:

Motorcycle, ATV, RV, and Boat insurance
Homeowners, Renters, Condo, Co-op, and Mobile Home insurance
Personal Umbrella Protection
Life insurance
Flood insurance
Overseas insurance
Business Owners Policy
Professional Liability insurance
General Liability insurance
Commercial Auto insurance
Collector Car insurance
Identity Protection
Jewelry insurance