Research & Development Analyst III

Government Employees Insurance Company; Bethesda (MD); On-site; USD 60,000 - 185,000; Full time

Job summary

GEICO in Bethesda, MD is seeking a Research and Development (R&D) Analyst to join our analytics-driven team. You will create and support multiple insurance products, collaborate with Underwriting, Claims, Marketing and Advertising, and translate large datasets into actionable business insights.

Responsibilities include data exploration, cross-functional teamwork, and applying modeling techniques to derive new metrics while contributing to innovative solutions for the insurance industry.

Qualifications

• Master’s degree or higher in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.
• PhD degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.
• In lieu of PhD degree: Master’s degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative / analytics fields, and a minimum of 2 years of analytical experience.

Responsibilities

• Create and support multiple types of insurance products, assisting UW, Claims, Marketing and Advertising, and translating data into business values.
• Data exploration and R&D research, collaborating with cross-functional teams on analytics innovation.
• Develop and apply modeling techniques, derive new metrics, and address complex questions for GEICO.

Skills

R

SAS/SQL

Cloud databases

Excel advanced

Data analysis

Insurance knowledge

Industry domains

Project management

Education

Master’s or higher in Statistics/Math/Data Science/Analytics

PhD in Statistics/Math/Data Science/Economics/OR or related field

Master’s with 2+ years analytical experience (in lieu of PhD)

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.

Your Impact at GEICO

At GEICO, Research and Development (R&D) is fundamental to our business. Complex analysis underlies every major decision for our research and development and is an essential component of our unique strategic vision. Analytics have and continue to be GEICO’s hallmark in the competitive auto insurance industry.

How You’ll Make a Difference

Insurance Product Support

Working out of our Bethesda, MD office, as a R&D Analyst, your job duties will include creating and supporting multiple types of insurance products, assisting different business departments including Underwriting (UW), Claims, Marketing and Advertising to achieve their business goals, interacting with commercial grade database in cloud or local, generating large-scale data and translating it into business values.

Data Exploration

You will perform data exploration and R&D research independently and collaboratively, work with cross-functional business and technical teams on business and analytical innovation and contribute to project‑related communication.

Meaningful Impact

You will be part of a team that is focused on innovation in the insurance industry: Trying new modeling techniques, deriving new metrics, and tackling complex questions that the company has never tried to answer before.

What We’re Looking For

Core Skills

• Proficient in R (Python will be a plus)
• SAS SQL knowledge
• Cloud database knowledge
• Proficient in Excel v-look-up, pivot tables, charts, and graphing
• Ability to analyze data using statistical, mathematical or data mining methods
• Knowledge of insurance rating products and principles
• Knowledge of Claims, UW, Marketing or Agent
• Experience in process control and project management

Experience & Qualifications

• R&D Analyst II: Master's degree or higher in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.
• R&D Analyst III: PhD degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative and analytics fields.
• In lieu of PhD degree: Master’s degree in Statistics, Mathematics, Data Science, Economics, Operation Research or related quantitative / analytics fields, and a minimum of 2 years of analytical experience.

Annual Salary $60,000.00 - $185,000.00 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.

GEICO will consider sponsoring a new qualified applicant for employment authorization for this position

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.

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.

Opportunities for Students & Grads Learn more about GEICO Benefits