Actuarial Analyst

Welcome to Geico Auto Insurance! We are currently seeking a highly motivated Actuarial Analyst to join our dynamic team. As an Actuarial Analyst, you will play a vital role in ensuring the financial stability of our company by analyzing data and making strategic recommendations. We are looking for individuals who are passionate about math and statistics, have excellent analytical skills, and are eager to learn and grow in a fast-paced environment. If you are detail-oriented, a critical thinker, and have a strong desire to make a positive impact, we would love to have you on our team. Join us at Geico Auto Insurance and be a part of a company that values talent, diversity, and innovation.

1. Conduct thorough data analysis using mathematical and statistical methods to evaluate and assess risk for the company.
2. Develop and maintain actuarial models to support business decisions and inform pricing strategies.
3. Collaborate with cross-functional teams to collect, validate, and analyze data from various sources.
4. Provide accurate and timely actuarial recommendations and insights to senior management.
5. Monitor and track key performance metrics, identify trends, and make data-driven recommendations for improvement.
6. Keep up-to-date with industry trends, regulations, and best practices to ensure compliance and drive innovation.
7. Identify and implement process improvements to enhance efficiency and accuracy of actuarial processes.
8. Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
9. Participate in the development and maintenance of actuarial standards, procedures, and methodologies.
10. Act as a mentor to junior team members and provide guidance and support in their professional development.
11. Maintain strict confidentiality and adhere to ethical standards when handling sensitive data.
12. Proactively identify and mitigate potential risks to the company's financial stability.
13. Collaborate with other departments to develop and implement strategic initiatives and projects.
14. Continuously seek opportunities to improve actuarial methods and techniques to enhance accuracy and efficiency.
15. Contribute to a positive and collaborative team culture by fostering open communication, sharing ideas, and supporting colleagues.

According to JobzMall, the average salary range for a Actuarial Analyst in Chevy Chase, MD, USA is $72,000 - $86,000. This range can vary depending on factors such as experience, education, and company size. Some entry-level positions may offer salaries closer to $60,000, while more senior positions may offer salaries closer to $100,000. Additionally, bonuses and benefits may also impact the overall salary range.

The Government Employees Insurance Company is an American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. It's Parent organization is Berkshire Hathaway.