Research & Development Analyst

This role will start full-time with GEICO on January 21, 2025.

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.

Working out of our Chevy Chase, MD office as an R&D Analyst, your job duties will include creating and supporting multiple types of insurance products, assisting different business departments including Under Writing (UW), Claims, Marketing and Advertising to achieve their business goals, interacting with commercial grade database in cloud or local, generating large-scale data and translating it into business values.

You will perform data exploration and R&D independently and collaboratively, work with cross-functional business and technical teams on business and analytical innovation, and contribute to project-related communication.

You will be part of a team that is focused on innovation in the insurance industry:  Trying new modeling techniques, deriving new metrics, and tackling complex questions that the company has never tried to answer before.

General Requirements:

Proficient to R (Python will be a plus)SAS SQL knowledgeCloud database knowledgeProficient in Excel VLOOKUP, pivot tables, charts and graphingAbility to analyze data using statistical, mathematical or data mining methodsKnowledge of insurance rating products and principlesKnowledge of Claims, UW, Marketing or AgentExperience in process control and project management

Additional Requirements: (Either)

R&D Analyst II:

Master's degree or higher in Statistics, Mathematics, Data Science, Economics, Computer Science, Engineering, Operation Research or related quantitative and analytics fields, obtained by January 2025

R&D Analyst III:

PhD degree in Statistics, Mathematics, Data Science, Economics, Computer Science, Engineering, Operation Research or related quantitative and analytics fields, obtained by January 2025Master’s degree in Statistics, Mathematics, Data Science, Economics, Computer Science, Engineering, Operation Research or related quantitative / analytics fields, obtained by January 2025, and a minimum of 2 years of analytical experience

Annual Salary: $75,000.00 - $150,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary 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.

 

GEICO will consider sponsoring a new qualified applicant for employment authorization for this position.

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

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 the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

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.