Research & Development Analyst III
Why Join GEICO?
At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide. Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States.
When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.
Your Impact at GEICO
At GEICO, Research and Development (R&D) is fundamental to our business. Complex analysis underlies every major decision for our research and development and is an essential component of our unique strategic vision. Analytics have and continue to be GEICO’s hallmark in the competitive auto insurance industry.
Responsibilities
- Insurance Product Support: Create and support multiple types of insurance products, assist different business departments including Underwriting (UW), Claims, Marketing, and Advertising to achieve their business goals.
- Interact with commercial-grade databases in cloud or local environments.
- Generate large-scale data and translate it into business values.
- Perform data exploration and R&D research independently and collaboratively.
- Work with cross-functional business and technical teams on business and analytical innovation.
- Contribute to project-related communication.
- Be part of a team focused on innovation in the insurance industry by trying new modeling techniques, deriving new metrics, and tackling complex questions the company has never answered before.
Requirements
Core Skills
- Proficient in R (Python will be a plus).
- SAS and SQL knowledge.
- Cloud database knowledge.
- Proficient in Excel (v-lookup, pivot tables, charts, and graphing).
- Ability to analyze data using statistical, mathematical, or data mining methods.
- Knowledge of insurance rating products and principles.
- Knowledge of Claims, Underwriting (UW), Marketing, or Agent processes.
- Experience in process control and project management.
Experience & Qualifications
- R&D Analyst II: Master's degree or higher in Statistics, Mathematics, Data Science, Economics, Operation Research, or related quantitative and analytics fields.
- R&D Analyst III: PhD degree in Statistics, Mathematics, Data Science, Economics, Operation Research, or related quantitative and analytics fields. In lieu of PhD degree: Master’s degree in the same fields and a minimum of 2 years of analytical experience.
Pay
Annual Salary: $60,000.00 - $185,000.00. The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/annual salary, including 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
- Great Company: Protecting customers through life’s twists and turns with innovation and integrity.
- Great Careers: Personalized development programs, mentorship, and certification assistance.
- Great Culture: Inclusive and collaborative culture rooted in shared success.
- Great Rewards: Competitive pay, benefits, and flexibility to support your well-being and future.
GEICO will consider sponsoring a new qualified applicant for employment authorization for this position.