Insurance Product & Pricing Internship Program - Analytics Track
Job Description
Why Join GEICO?
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 on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide.
Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. 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.
Your Impact at GEICO
The GEICO Insurance Product & Pricing Internship Program is a hands-on experience in a challenging, interesting, and rewarding environment. Qualified interns will experience different functions of our State Management and Pricing Actuarial Organization, including working on product strategy, product development, business analytics, and competitive intelligence.
During your paid 10-week summer internship, you will be provided the opportunity to directly impact GEICO's business metrics by working alongside product and pricing teams to develop and execute growth and profitability strategies for our insurance business. You will be responsible for looking creatively at business problems through an analytical lens, using data to identify trends, evaluating opportunities, and informing product and pricing decisions, while working on long-term projects throughout the summer. Towards the end of your internship, you will present your findings and recommendations to senior management.
From day one, your work will have an impact, forming the basis for truly transformative solutions. If you have a passion for problem solving and data-driven decision making and you are interested in making a real contribution at one of the largest auto insurers in the United States, then the Analytics track of GEICO's Insurance Product & Pricing Internship Program may be the right fit for you!
How You'll Make a Difference
Research & Data Analysis:
- Research creative ways to assess risk and evaluate business opportunities
- Analyze data to better understand customer behavior and the likelihood of a claim
- Query large datasets via SQL/SAS and organize and analyze metrics and key performance indicators in Excel
Business Strategy & Communication:
- Work on strategic and analytical projects that will impact GEICO’s growth and profitability results
- Translate analytical findings into actionable product and business recommendations
- Develop and present projects to senior management
Industry Exposure & Mentorship:
- Learn how GEICO collaborates with state insurance departments and regulators
- Meet regularly with State Product Management, Pricing Actuarial, and Senior Leaders in one-on-one mentor meetings
What We're Looking For
Experience & Qualifications:
- Currently pursuing a Bachelor's Degree in Economics, Business, Mathematics, Statistics, Data Analytics, or other relevant major, with expected graduation between December 2027 and May 2028
- Cumulative GPA of 3.0 or higher (Please upload ALL transcripts as part of the application process)
- Must live within commutable distance from our Bethesda, MD office and work a hybrid schedule, including working from the office at least four days per week
Core Skills:
- Excellent communication, problem-solving, and creative thinking abilities
- Demonstrated analytical, mathematical, and data management skills
- Proficient computer skills, including Microsoft Excel and some additional programming skills such as SQL
Annual Salary
$26.46 - $41.21The 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.
The GEICO Pledge:
Great Company: Protecting customers through life’s twists and turns with innovation and integrity.
Great Careers: Personalized development programs, mentorship, and certification assistance.
Great Culture: Inclusive and collaborative culture rooted in shared success.
Great Rewards: Competitive pay, benefits, and flexibility to support your well-being and future.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
