Modeling Analyst
Would you like to join our innovative team? If so, read on!
GEICO’s Actuarial, Pricing and Reserving department is seeking Modeling Analysts to join our team!
Job Duties & Responsibilities:
As a part of the GEICO team, your job duties will include pulling and cleaning large data sets from internal and external sources; fitting, tuning and validating a wide array of statistical models; integrating predictive models into analytical tools for non-technical end users; and sharing insights from your analyses with all levels of management, including senior executives.
You will be part of a team that is focused on innovation: trying new modeling techniques, devising new metrics, and tackling complex questions that the company has never tried to answer before.
You’ll have a chance to work on questions like:
• How much does weather and climate affect the rate of automobile accidents?
• How can we predict the average repair costs for a vehicle that is brand new to the market?
• Which policyholders are most likely to change the terms of their policy, and in which ways?
Ready to make an impact? If so, do you meet these qualifications?
Candidate Qualifications:
• Bachelor's degree in a quantitative field with a minimum 3.0 overall undergraduate GPA; graduate degrees are encouraged
• Demonstrated ability in mathematical, statistical, financial or economic analyses on large, complex datasets
• Familiarity with multivariate classification and regression techniques; experience with at least one of GLMs, decision trees, or machine learning
• Experience within the insurance or related industry strongly preferred
• Programming experience, including SQL, and at least one of R, Python, SAS, or similar; demonstrated ability to learn new tools
• Excellent interpersonal and communication skills
• Advanced quantitative and qualitative problem solving skills
• Ability to focus on details and work under deadlines
This is your first step to becoming a GEICO leader through exposure to real-life business decisions that affect the company's success!
*Must be willing and able to commute or relocate. This position is based out of our Corporate office in Chevy Chase, MD.
*Please upload a resume, cover letter and all unofficial transcripts (undergraduate and graduate)
Salary Information:
Starting salary is in the mid $60's to high $70's range depending on skills and experience