Internship
$25 - $41/hourly (Verified by employer)
May sponsor international talent
About the job
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 through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose. 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. Do you love to solve problems? Do challenging analytical questions keep you up at night? Are you looking to learn more about a career with a focus on development and intellectual growth, with ample opportunity for upward mobility? We are looking for bright and driven rising college seniors to join our summer Analyst Internship Program (AIP) within the Chief Financial Officer (CFO) Organization. You will help drive our insurance business transformation as we redefine the experience for our customers. Find real opportunities to apply the skills that you are learning in college while preparing for prospective entry into the Analyst Development Program – Pricing Rotational Track (CFO Org) upon graduation!
Pricing is essential to GEICO’s continued success as one of the nation’s leading auto insurers. Intern duties consist of determining rates for our various insurance products, analyzing and projecting drivers of loss trends, developing and enhancing new insurance products, examining and setting loss reserves, working with data infrastructure, and much more! Your work will inform a wide range of critical business decisions.
GEICO’s AIP has three distinct tracks within the CFO Organization (Controllers, Finance & Operations, and Pricing). In The Pricing Track You Will
Directly impact GEICO's growth and profitability by working alongside other analysts on various projects and analysis
Have an impact from day one, forming the basis for truly transformative solutions
During your paid 10-week summer internship, all interns will:
Work on actuarial projects such as rate reviews, filings, reserving loss projections, and ad hoc analysis which directly impact our company and customers.
Develop and present analysis and proposals to various stakeholder groups.
Gain valuable real-world experience using various technical applications such as Excel, R, SAS, and Power BI.
Be introduced to GEICO’s business objectives and initiatives through active participation in internship forums and departmental meetings.
Participate in insurance, pricing, reserving, actuarial, and technical trainings.
Participate in social and networking events.
Have an opportunity to interview for a full-time position at the completion of the internship.
Candidate Qualifications & Skills:Currently pursuing a Bachelor's or Master’s degree in Math, Statistics, Actuarial Science, Economics, Business, Data/Business Analytics, or other relevant quantitative field of study with expected graduation by May 2027
Cumulative GPA of 3.0 or higher (Please upload ALL transcripts as part of the application process)
Proven analytical, problem-solving, and decision-making abilities
Highly effective communication skills
Intermediate skills in Excel
Basic proficiency with data analysis software such as R, SAS, SQL, Python, Power BI, and/or similar tooling
Self-driven, motivated, and leadership potential
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
Must live within commutable distance from one of our offices in Chevy Chase, MD or Chicago, IL, and work a hybrid schedule, including working from the office at least three days per week
Annual Salary $24.93 - $41.21
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.
