Senior Pricing Analyst (Actuarial) - Specialty Lines
As a Senior Pricing Analyst (Actuarial) for our Specialty Lines department at Geico Auto Insurance, you will play a critical role in developing and maintaining our pricing strategies for non-standard insurance products. We are looking for a highly analytical and experienced professional who can provide valuable insights and recommendations to drive profitability and growth in this unique market. If you have a strong background in actuarial science and a passion for the insurance industry, we want to hear from you! Join our dynamic team and make an impact on the future of Geico's specialty lines.
- Develop and maintain pricing strategies for non-standard insurance products in the specialty lines department.
- Utilize actuarial techniques and tools to analyze data and assess risk in order to make informed pricing decisions.
- Monitor and evaluate market trends, competitor pricing strategies, and internal performance metrics to identify opportunities for improvement.
- Collaborate with cross-functional teams to understand business needs and incorporate them into pricing strategies.
- Communicate findings and recommendations to key stakeholders, including senior management, in a clear and concise manner.
- Conduct pricing reviews and audits to ensure compliance with regulatory requirements and company guidelines.
- Continuously review and enhance pricing models to improve accuracy and efficiency.
- Mentor and train junior analysts in actuarial science and pricing strategies.
- Stay updated on industry developments and changes in regulations to ensure compliance and best practices.
- Contribute to the development and implementation of new products and pricing initiatives to drive profitability and growth in the specialty lines market.
Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field
At Least 5 Years Of Experience In Actuarial Pricing, Preferably With A Focus On Specialty Lines
Strong Analytical And Problem-Solving Skills, With The Ability To Manipulate And Interpret Complex Data
Proficiency In Actuarial Software And Tools, Such As Sas, R, And Excel
Excellent Communication And Interpersonal Skills, With The Ability To Present Complex Concepts And Findings To Non-Technical Stakeholders.
Product Development
Data Analysis
Market Research
statistical analysis
Forecasting
Financial Modeling
Pricing strategy
Risk assessment
Competitive analysis
Actuarial Science
Insurance Pricing
Communication
Conflict Resolution
Customer Service
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Pricing Analyst (Actuarial) - Specialty Lines in Chevy Chase, MD, USA is $105,000 - $120,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.
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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.
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