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This job has expired

Actuarial Analyst

Employer
GEICO
Location
Chevy Chase, MD
Closing date
Sep 23, 2020

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Industry
Insurance
Function
Analyst
Hours
Full Time
Career Level
Experienced (Non-Manager)
Ready to make an impact? If so, read on!GEICO is seeking highly-motivated individuals committed to an actuarial career to join us as an Actuarial Assistant. This career track is well suited for mathematics, economics and actuarial science majors, or those majoring in a related field emphasizing strong quantitative and analytical skills.We offer opportunities in two key areas - pricing and reserving. As a pricing actuary, you will assist in setting rates for our various insurance products. In reserving, you'll help determine the amount of money GEICO needs to hold in reserve in order to make future payments on existing claims. Many actuaries rotate between the pricing and reserving areas to develop a well-rounded company and career perspective.Actuaries make proposals to assist the company with properly managing its risk. On a typical day, this may include extracting and analyzing premium and loss data, using computer and statistical programs, evaluating results for reasonability and communicating observations to various teams to help achieve bottom-line goals.GEICO's actuaries do more than crunch numbers - they tackle a variety of problems such as creating business strategies, developing and enhancing products, presenting proposals to management and forecasting and assessing industry trends. Actuaries are key members of GEICO's management team, as a wide range of important decisions are based on their projections and professional opinions.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 up to 115 paid study hours per exam 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.A' As you pass your exams, you may be eligible for raises and first-time passing bonuses!Candidate Qualifications:A cents € cents A bachelor's degree in mathematics, economics, actuarial science, statistics, or a related fieldA cents € cents A cumulative and in-major GPA of at least 3.0 and 3.2, respectivelyA cents € cents Proven quantitative, analytical, and problem-solving abilitiesA cents € cents Highly effective communication skillsA cents € cents Strong computer skills, including Excel and some programming knowledgeA cents € cents Demonstrated leadership potentialA cents € cents At least one actuarial exam, and a commitment to take and pass the remaining examsA cents € cents A desire to live in the Washington, DC areaPlease upload a resume and all unofficial transcripts (undergraduate and graduate) when submitting your application for review.Note: The safety of our associates, both current and future, is GEICO's highest priority. At this time, most of our associates are working remotely due to the current COVID-19 pandemic. Candidates who are selected for this position will be trained remotely and must be able to work from home in a designated work area.A' Once GEICO determines it is safe for associates to return to the office, candidates may be required to work in our Chevy Chase, MDA' office.About GEICOFor more than 75 years, GEICO hasstood out from the rest of the insurance industry! We are one of the nation'slargest and fastest-growing auto insurers thanks to our low rates, outstandingservice and clever marketing. We're an industry leader employing thousands ofdedicated and hard-working associates. As a wholly owned subsidiary ofBerkshire Hathaway, we offer associates training and career advancement in afinancially stable and rewarding workplace.Our associates' quality of life isimportant to us. Full-time GEICO associates are offered a comprehensive TotalRewards Program*, including:401(k) and profit-sharing plansMedical, dental, vision and life insurancePaid vacation, holidays and leave programsTuition reimbursement Associate assistance program Flexible spending accounts Business casual dressFitness and dining facilities (at most locations)Associate clubs and sports teamsVolunteer opportunities GEICO Federal Credit Union * Benefit offerings for positionsother than full-time may vary. GEICO is an equal opportunityemployer. GEICO conducts drug screens and background checks on applicants whoaccept employment offers.How to ApplyClick "Apply for Job" tocomplete your application. You will need an active email address and phonenumber. Please upload your resume, preferably as Word .doc files or PDF. Onceyou begin your application you can save it and access it later. Your applicationshould include any work and/or internship experience from at least the pastfive years.

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