Analyst Internship, Actuarial (CFO Org)

About the Role

GEICO is seeking an Actuarial Intern for their CFO Organization. This internship offers opportunities for development, intellectual growth, and upward mobility within the company. Actuaries are crucial to GEICO's success, determining rates, analyzing loss trends, developing new products, setting loss reserves, and working with data infrastructure. They are involved in business strategies, profitability projections, and cross-departmental communication.

Key Responsibilities

• Directly impact GEICO's growth and profitability by working alongside other analysts on various projects and analysis.
• Form the basis for transformative solutions from day one.
• Work on actuarial projects such as reserving analysis, claim trend analysis, and frequency/severity projections.
• Develop and present analysis and proposals to various stakeholder groups.
• Gain real-world experience using technical applications.
• Participate in insurance, actuarial, and technical trainings.
• Be introduced to GEICO’s business objectives and initiatives through internship forums and departmental meetings.
• Participate in social and networking events.
• Have an opportunity to interview for a full-time position upon completion of the internship.

Requirements & Tech Stack

• Currently pursuing a Bachelor's or Master's degree in Math, Statistics, Actuarial Science, Economics, Business, Data/Business Analytics, or other relevant quantitative field of study with expected graduation by May 2028.
• Cumulative GPA of 3.0 or higher.
• Must live within commutable distance from offices in Bethesda, MD or Chicago, IL, and work a hybrid schedule (at least three days per week in the office).

Qualifications

• Proven analytical, problem-solving, and decision-making abilities.
• Highly effective communication skills.
• Intermediate skills in Excel.
• Basic proficiency with data analysis software such as R, SAS, SQL, Python, Power BI, and/or similar tooling.
• Self-driven, motivated, and leadership potential.
• Ability to handle multiple concurrent priorities, providing accurate and timely results.
• Intellectual curiosity and ability to ask insightful questions.
• Effective time management, attention to detail, and organizational skills.

Note: GEICO will not sponsor a new applicant for employment authorization for this position.