Full-Time

Senior Manager

Actuary

Posted on 5/23/2025

Geico

Geico

10,001+ employees

Direct-to-consumer auto and home insurance

Compensation Overview

$131.2k - $229.6k/yr

Senior

No H1B Sponsorship

Cleveland, OH, USA + 3 more

More locations: Chicago, IL, USA | Union City, NJ, USA | Bethesda, MD, USA

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 5+ years prior actuarial or advanced data analytics work experience
  • Proven analytical and problem-solving skills
  • Detail-oriented with a proven ability to produce high quality, error-free work within established deadlines
  • Ability to communicate complex concepts and analysis simply
  • Can effectively prioritize, structure, and monitor several projects simultaneously
  • Experience in leading associates/projects with a proven ability to drive results
Responsibilities
  • Lead the preparation and analysis of underwriting, rating, and claims performance
  • Manage associates responsible for complex analysis of large datasets
  • Develop Pricing models and strategies to target specific business objectives and create business opportunities
  • Determine the direction of the Pricing area through the identification and prioritization of projects
  • Drive the successful implementation of key initiatives

GEICO provides a range of insurance products, primarily focusing on auto insurance for individual drivers, homeowners, and renters. Their offerings include coverage for cars, motorcycles, ATVs, RVs, as well as home and renters insurance. GEICO operates on a direct-to-consumer sales model, allowing them to sell insurance policies directly to customers without intermediaries, which helps them offer competitive rates. Premiums are determined based on factors like coverage type, insured item's value, and the policyholder's risk profile. A significant aspect of GEICO's service is its user-friendly website, where customers can obtain quotes, manage their policies, and file claims. The company is also recognized for its memorable advertising campaigns that enhance brand recognition and customer loyalty. GEICO's goal is to simplify the insurance process for its customers while providing affordable coverage options.

Company Size

10,001+

Company Stage

Acquired

Total Funding

N/A

Headquarters

Tulsa, Oklahoma

Founded

1936

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for telematics-based insurance products offers personalized premiums.
  • InsurTech partnerships enable GEICO to leverage advanced technologies for efficiency.
  • Growing popularity of EVs creates opportunities for specialized coverage options.

What critics are saying

  • Leadership transition at Berkshire Hathaway may lead to strategic shifts affecting GEICO.
  • Class action lawsuit on accident forgiveness could damage reputation and incur penalties.
  • $11.3 million fine for data breaches indicates potential vulnerabilities in data protection.

What makes Geico unique

  • GEICO's direct-to-consumer model offers competitive rates by eliminating intermediaries.
  • Strong online presence allows easy policy management and claims filing for customers.
  • Memorable advertising campaigns enhance brand recognition and customer loyalty.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

Professional Development Budget

Company News

Yahoo Finance
May 6th, 2025
8 Berkshire Hathaway Companies That Warren Buffett Is Handing Over To Greg Abel

Photo: Mario Tama (Getty Images) Warren Buffett announced Saturday that he will retire as Berkshire Hathaway’s (BRK.A) CEO at the end of 2025 and hand the reins to Greg Abel, a transition that’s long been expected given that Buffett publicly named Abel as his successor in 2021. Buffett, 94, will stay on as Berkshire’s board chair. While the move was expected, it comes as a jolt given the Oracle of Omaha’s legendary run as the head of the $1.1 trillion conglomerate. Abel, 62, first joined Berkshire in 2000. He has steadily climbed the ranks and has been the vice chairman of Berkshire’s non-insurance companies since 2018. The companies he oversees reported $5 billion in earnings in the first quarter of 2025, according to CNN

Business Observer
Mar 27th, 2025
Geico to open Tampa office, create 1,000 jobs

Geico to open Tampa office, create 1,000 jobs.

The Trucker
Mar 27th, 2025
GEICO makes first-ever MATS appearance to showcase truck insurance solutions

LOUISVILLE, Ky., - GEICO has announced its inaugural appearance at the Mid-America Trucking Show (MATS).

Top Class Actions
Mar 6th, 2025
GEICO class action claims insurer misleads customers on accident forgiveness

Plaintiff Christopher Cude filed the class action complaint against GEICO on Feb. 25 in a Texas federal court, alleging violations of state consumer laws.

PYMNTS
Feb 24th, 2025
Ny Fines Car Insurers $20 Million Over Reporting Failures

New York has closed a multi-year probe into car insurers’ failure to report timely information. That investigation, the New York State Department of Financial Services (NYDFS) said Monday (Feb. 24), has resulted in $20.4 million in fines on insurers who failed to provide insured vehicle information to the state’s motor vehicles department (DMV) in a timely fashion. “Accurate and timely reporting by insurers is critical to protecting New Yorkers on the road, ensuring compliance with state laws, and maintaining the integrity of our enforcement systems,” NYDFS superintendent Adrienne Harris said in a news release