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Actuarial Analyst I

Employer
GEICO
Location
Chevy Chase, MD
Closing date
Oct 2, 2022

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Industry
Insurance
Function
Analyst
Hours
Full Time
Career Level
Experienced (Non-Manager)
Seeking highly motivated individuals looking for an exciting career in Actuarial Science! Do you love to solve problems? Do challenging analytical questions keep you up at night? Do you want to start a career with a focus on development, intellectual growth, with ample opportunity for upward mobility? Whether you are an upcoming college graduate, an experienced professional seeking a career change, or have a couple years of professional actuarial experience already, consider becoming GEICO's newest Actuarial Analyst!Actuaries are essential to GEICO's continued success as one of the nation's leading auto insurers. Their duties consist of determining rates for our various insurance products, analyzing and projecting drivers of loss trends, developing and enhancing new insurance products, examining, and setting loss reserves, working with data infrastructure, and much more! Our actuaries are motivated, self-driven, and excellent analytical thinkers. GEICO's actuaries do more than crunch numbers - they are active in determining business strategies, educating management on our profitability and projections, and communicating across departments to ensure company success. Actuaries are key members of GEICO's management team, as a wide range of critical decisions are based on their projections and professional opinions.Not only do we have a robust training program for newly hired actuaries, an important part of an actuary's professional development involves advancing through a series of exams offered by the Casualty Actuarial Society. At GEICO, we provide you with dedicated study time during work along with opportunities to take review courses, financial support for CAS exams, onsite quiet rooms for studying and an exam coordinator to assist with exam processes. As you pass your exams, you may be eligible for raises and first-time passing bonuses!Who you work with matters, and our department offers a diverse and supportive culture. We're embracing the hybrid work environment and finding effective ways to connect both in-person and virtually. Whether you want to join us by working at our corporate office just outside of Washington, DC, anywhere from full-time to occasionally, or remotely from another location, we have opportunities for you.Candidate Qualifications:A bachelor's degree in mathematics, economics, actuarial science, statistics, or a related fieldA cumulative GPA of at least 3.0Related internship a plusProven quantitative, analytical, and problem-solving abilitiesHighly effective communication skillsStrong computer skills, including Excel and some programming knowledgeSelf-Driven, Motivated, and Leadership potentialAt least one actuarial exam required, and a commitment to take and pass the remaining examsBased out of Washington DC/Chevy Chase office with remote/hybrid options availableBenefits:At GEICO, we make sure you have the support and resources to leverage and develop your skills, secure your financial future, and take care of your health and well-being. GEICO continually seeks to provide a workplace where everyone can be their authentic self. To help achieve this goal, we support associate-led Employee Resource Groups that foster a true sense of community. Through GEICO's competitive benefits offerings and various training and development opportunities, we have you covered with our Total Rewards Program* that includes:Premier Medical, Dental and Vision Insurance with no waiting period**Paid Vacation, Sick and Parental Leave401(k) PlanTuition ReimbursementPaid Training and Licensures*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service. **Coverage begins on date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.GEICO is proud to be an equal opportunity employer. We are committed to cultivating an environment where equal employment opportunities are available to 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 celebrates diversity and believes it is critical to our success. As such, we are committed to recruit, develop and retain the most talented individuals to join our team.#LI-BN1

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