At GEICO, the State Pricing area handles our overall rate level in states. We work closely with State Management, New Product Pricing, Research and Development, and other teams to ensure state profit and growth for our private passenger auto lines of business. We're looking for managers to drive innovation, guide strategy, and work in partnership with other stakeholders while developing teams of actuarial analysts. This role can be filled at the manager or senior manager level, depending on qualifications.
Key Responsibilities:
- Drive strategic planning and rate action
- Lead analysis and understanding of state indications (i.e. trends, development)
- Foster product innovation through state segmentation analysis
- Build a team of thought-leaders with strong ownership and initiative
- Collaborate seamlessly both internally and externally
Role Requirements:
- At least 3 years of relevant pricing experience, with 5 years preferred.
- At least 3 years of project ownership and leadership experience.
- At least 1 year of relevant managerial experience preferred.
- Bachelor's degree in a business or analytical field.
- Actuarial exam progress, insurance credentials (such as CPCU), and/or graduate degrees preferred.
- Demonstrated proficiency in analytical software such as Excel. Experience and skill with SQL and PowerBI preferred.
Ideal Candidate Attributes:
- Ability to lead and manage a team of analysts toward achieving company goals
- Ability to communicate in a clear, concise, professional oral or written manner, to be understood by customers, clients, co-workers and other employees of the organization
- Thorough understanding of insurance, including pricing, reserving, underwriting, competitive position and data quality
- Working knowledge of insurance regulation and related business constraints
- Ability to multi-task
- Ability to follow complex instructions, resolve conflicts or facilitate conflict resolution, and have strong organization/priority setting skills
- Ability to adapt to changes in the company and in the insurance marketplace
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Annual Salary
$115,825.00 - $229,600.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, 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.
The GEICO Pledge:
Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs.
We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.
Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind. You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.
Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.
As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.
Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.
- Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
- Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
- Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
- Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.
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.
Working at
GEICO
GEICO, known for direct-to-consumer sales and memorable advertising, is a leader in the auto insurance sector in the U.S. Beyond vehicles, GEICO offers a wide array of insurances, including homeowners and renters. Their services cater to a diverse customer base, providing accessible and affordable insurance solutions.