Pricing Analyst - Specialty Pricing

Posted Yesterday
Be an Early Applicant
Bethesda, MD, USA
In-Office
58K-91K Annually
Entry level
Insurance
The Role
Performs statistical analysis of underwriting and claims data to support insurance ratemaking, rate reviews, filings, and product decisions. Presents analyses and proposals to stakeholders, partners with Product Management and Actuarial Reserving, improves analytical tools and processes, and contributes to profitability analysis. The role offers development in actuarial pricing, analytics, strategy, and leadership.
Summary Generated by Built In

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 

 

Seeking highly motivated individuals looking for an exciting career in Specialty Pricing! 

 

Specialty Pricing is an engaging, collaborative environment that is seeking future college graduates to join the team. If working on a team that emphasizes curiosity, creativity, and upward growth speaks to you, Specialty Pricing is the perfect place to kickstart your analytical career. 

 

The Specialty Pricing team is home to a wide array of business segments at GEICO, including commercial, powersports, recreational vehicle, boat, and personal umbrella. Analyst duties consist of determining and implementing rates for insurance products, analyzing and projecting drivers of loss trends, developing and enhancing new insurance products, and much more! Our Analysts are motivated, self-driven, and excellent analytical thinkers. As a Pricing Analyst, you can expect to work closely with our partners in Product Management and Actuarial Reserving. Your active participation in profitability analysis will drive business decision-making, ensuring company and line of business success. 

 

Actuarial designation pursuit is not required, but candidates pursuing an actuarial designation will be supported. 

 

How You’ll Make a Difference 

 

Analytical Pricing Work: 

  • Develop and prepare statistical analyses of underwriting or claims experience, which serve as the basis of ratemaking or management information reports 

  • Conduct rate reviews, create filings, and implement rate changes for a variety of segments of our business 

Stakeholder Partnership: 

  • Develop and present analysis and proposals to various stakeholder groups 

  • Develop relationships with product management and learn business strategy 

Process Improvement: 

  • Develop and improve tools to streamline processes and drive improvements in analytics 

Career Development: 

As a Pricing Analyst you will gain the following: 

  • Strong foundation in actuarial pricing, building a balanced skillset in analytics, technical prowess, strategic thinking, and leadership abilities. 

  • A long career path with options to specialize in pricing, product, or R&D. 

  • Peer and managerial support, with feedback and coaching plans tailored to your goals. 

  • A support network of senior leaders within GEICO’s organization. 

 

What We’re Looking For 

 

Experience & Qualifications: 

  • Bachelor’s degree in Economics, Business, Math, Actuarial Science, Econ, Statistics, Data/Business Analytics, or other relevant quantitative field of study OR Bachelor’s degree in any field of study plus prior experience / internship with quantitative analytics; degree obtained by May 2027 

  • Cumulative GPA of 3.0 or higher (please upload ALL transcripts as part of the application process) 

  • Must live within commutable distance from our Bethesda, MD office and work a hybrid schedule 

Core Skills: 

  • Proven analytical, problem-solving, and decision-making abilities 

  • Highly effective communication and collaboration skills 

  • Intermediate to advanced skills in Excel 

  • Basic to intermediate proficiency with data analysis software like R, SAS, Python, or Power BI 

  • Ability to work independently and build ownership over projects 

  • Ability to handle multiple concurrent priorities, providing accurate and timely results 

  • Intellectual curiosity to learn and ability to ask insightful questions 

  • Effective time management, attention to detail, and organizational skills 

Preferred Skills 

  • Previous internship experience in similar fields or businesses a plus 


 

Annual Salary

$58,425.00 - $91,225.00

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.


 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

The GEICO Pledge:

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.

 

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.

Skills Required

  • Bachelor's degree in Economics, Business, Mathematics, Actuarial Science, Statistics, Data or Business Analytics, or another relevant quantitative field; alternatively, any bachelor's degree plus prior quantitative analytics experience or internship
  • Degree must be obtained by May 2027
  • Cumulative GPA of 3.0 or higher
  • Live within commuting distance of the Bethesda, Maryland office and work a hybrid schedule
  • Analytical, problem-solving, and decision-making abilities
  • Effective communication and collaboration skills
  • Intermediate to advanced Excel skills
  • Basic to intermediate proficiency with R, SAS, Python, or Power BI
  • Ability to work independently and take ownership of projects
  • Ability to manage multiple concurrent priorities and deliver accurate, timely results
  • Time management, attention to detail, and organizational skills
  • Previous internship experience in similar fields or businesses

GEICO Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GEICO and has not been reviewed or approved by GEICO.

  • Healthcare Strength Healthcare coverage is described as comprehensive, spanning medical, prescription, behavioral health, dental (including orthodontia), and vision options with multiple plan types. Wellness resources, HSAs/FSAs, and related programs add breadth to the core health offering.
  • Retirement Support Retirement support includes a 401(k) with an employer match, and the match level is still characterized as good even after adjustments. Access to a credit union and financial education tools further strengthens the overall retirement/financial support picture.
  • Flexible Benefits Work-life programs provide flexibility through hybrid scheduling and limited remote-work options, alongside a broad menu of ancillary benefits such as commuter pre-tax programs, employee discounts, and charitable gift matching. Education support via tuition assistance and scholarships adds additional optionality for different needs.

GEICO Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chevy Chase, MD
26,259 Employees
Year Founded: 1936

What We Do

We know you know GEICO, but we want you to know that with us, you’ll find a rewarding career no matter which path you take. Our over 40,000 associates have been unexpectedly delighted to find that their jobs have turned into illuminating careers. You know us for insurance. Get to know us for great careers, too.

Similar Jobs

Babylist Logo Babylist

Associate Director, Payer and Clinical Operations

eCommerce • Healthtech • Kids + Family • Retail • Social Media
Easy Apply
Remote or Hybrid
United States
300 Employees
134K-178K Annually

GoodRx Logo GoodRx

Sr. Digital Experience Specialist

Consumer Web • Coupons • Healthtech • Social Impact • Pharmaceutical
Remote or Hybrid
USA
800 Employees
72K-154K Annually

T-Mobile Logo T-Mobile

Account Executive

Other • Utilities
In-Office or Remote
3 Locations
89016 Employees
43K-78K Annually

CrowdStrike Logo CrowdStrike

Analyst I, Falcon Complete (Remote, PST/MST)

Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Remote or Hybrid
USA
11000 Employees
85K-120K Annually

Similar Companies Hiring

Alaffia Health Thumbnail
Artificial Intelligence • Healthtech • Insurance • Machine Learning • Payments
New York, NY
80 Employees
MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account