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Product Modeling Analyst II - Chevy Chase, MD

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Company: GEICO

Location: Jefferson Manor, VA

Date Posted: March 19, 2014

Source: Geico

Job Duties & Responsibilities
A Product Modeling Analyst position in Pricing and Product Management offers an opportunity to be involved in the development of complex solutions to critical business problems faced by GEICO!

The key to succeeding in the auto insurance industry is being able to better predict and analyze the risk potential that customers have when it comes to accidents and insurance losses and expenses. The Pricing and Product Management department's main responsibility is to make recommendations for pricing and product changes that will allow us to make an acceptable underwriting profit while optimizing our growth as a company. As a Product Modeling Analyst you will be collecting, organizing, validating and analyzing data to support these product reviews or pricing analyses, utilizing statistical modeling and analysis techniques on state specific and countrywide data, and then presenting and communicating your proposals to all levels of management, including the regional and ...

Job Duties & Responsibilities
A Product Modeling Analyst position in Pricing and Product Management offers an opportunity to be involved in the development of complex solutions to critical business problems faced by GEICO!

The key to succeeding in the auto insurance industry is being able to better predict and analyze the risk potential that customers have when it comes to accidents and insurance losses and expenses. The Pricing and Product Management department's main responsibility is to make recommendations for pricing and product changes that will allow us to make an acceptable underwriting profit while optimizing our growth as a company. As a Product Modeling Analyst you will be collecting, organizing, validating and analyzing data to support these product reviews or pricing analyses, utilizing statistical modeling and analysis techniques on state specific and countrywide data, and then presenting and communicating your proposals to all levels of management, including the regional and corporate executives.
Candidate Qualifications
* Bachelor's degree; minimum 3.0 undergraduate GPA
* Demonstrated ability in mathematical, statistical, financial or economic related analyses
* Ability to work within a project plan
* Programming skills, such as SAS, SQL, Statistical Modeling tools or similar, and demonstrated ability to learn new tools
* Excellent interpersonal and communication skills
* Excellent quantitative and problem solving skills
* Knowledge or experience related to insurance underwriting sources is a plus
How To Apply
Please click Apply Now to complete your application; you will need an active email address and phone number. Additionally, we request that you enter any work experience that you've had within at least the past five years. Once you begin your application you can save it if you need to access it later.
About GEICO
Driving your career. Insuring your future.

For more than 75 years, GEICO has stood out from the rest of the insurance industry! We are one of the nation's largest and fastest-growing auto insurers thanks to our low rates, outstanding service and clever marketing. We're an industry leader employing thousands of dedicated and hard-working associates. As a wholly owned subsidiary of Berkshire Hathaway, we offer associates training and career advancement in a financially stable and rewarding workplace.

Our associates' quality of life is important to us. Full-time GEICO associates are offered a comprehensive Total Rewards Program*, including:

* 401(k) and profit-sharing plans
* Medical, dental, vision and life insurance
* Paid vacation, holidays and leave programs
* Tuition reimbursement
* Associate assistance program
* Flexible spending accounts
* Business casual dress
* Fitness and dining facilities (at most locations)
* Associate clubs and sports teams
* Volunteer opportunities
* GEICO Federal Credit Union

* Benefit offerings for positions other than full-time may vary.

GEICO is an equal opportunity employer. Background and credit checks, hair or urine drug testing, and health assessments are required as part of our pre-employment process.

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