Senior Manager, Data Science

Summary

Data Science Senior Managers in GEICO's Pricing Department lead complex data analyses and development of pricing, econometric, statistical, and machine learning models to drive business decisions, identify actionable insights, and create specific business value through shared insights and analytic solutions. In this role, Senior Managers apply actuarial and analytics skills to forecast business results based on in-market and proposed rating plan changes and provide leaders with options for rating plan changes that are optimized based on changing business goals, regulations, and market conditions. Taken together, these functions provide leaders with information to improve business decision making and provide expectations that can be measured against when changes are made to GEICO's rating plans.

Job Responsibilities

• Leads collaborations with State Management, Product Management, Finance, Technology, and Pricing to identify and define analytic initiatives, formulate strategies, design rating plan structural enhancements, and develop solutions to achieve business goals through effective use of data and pricing and machine learning models.

• Builds and manages a strong, agile team of technical analysts and data scientists and trains them in accessing and interpreting data, analytical methods, and business relevance.

• Develops strategic and tactical plans. Regularly reviews progress to plans and escalates issues and blockers. Monitors results against specific goals to ensure completion and business impacts are achieved.

• Interprets and communicates data findings and insights using visualization, formal presentations, written memos, and other appropriate formats.

• Develops and implements documentation, project management, coding, and development best practices within a team.

• Identifies appropriate actuarial, statistical, and machine learning methods for a collection of projects.

• Manages the identification, extraction, aggregation, and synthesizes of data using SQL, R, SAS, Python or other appropriate languages to enable analysis, model development, and solution deployment.

• Manages the application of actuarial and data science skills to analyze large, complex datasets and identify meaningful patterns that lead to actionable insights and data-driven solutions to business problems.

• Manages the discovery, analysis, evaluation, and adoption of new data, new uses for existing data, or new pricing and data science methods to improve the quality, efficiency, and business value of data and analytic solutions.

• Manages the building, testing, and validation of pricing, econometric, statistical, and machine learning models and analyses as part of overall solution development.

• Manages implementation of analytic solutions into reporting platforms or production systems by leading the solution design, development, testing, and monitoring.

Candidate qualifications and skills

• 6+ years' industry experience in data science and insurance pricing/ratemaking roles, with a deep understanding of both.

• 3+ years leading a team of quantitative analysts or data scientists.

• Actuarial ACAS/FCAS, advanced degree in a quantitative discipline, or 4+ years' insurance industry experience in a leadership position.

• Excellent communication, facilitation, and coaching skills in a business context and as it applies to team and project management and communication to management and stakeholders

• Demonstrated experience in developing & executing a team development roadmap, influencing business decisions, and driving business value

• Working experience with predictive modeling, machine learning, experimental design, AB testing, and analytical modeling and data engineering tools such as R, Python, SQL, and Spark.

Annual Salary $120,000-$240,000

Location

• This is a hybrid role, on-site 3 days per week from Chicago, IL, Chevy Chase, MD, or New York, NY.

Annual Salary

$130,000.00 - $260,000.00

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.

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

The GEICO Pledge:

Great Company: At GEICO, we help our customers through life's twists and turns. Our mission is to protect people when they need it most and we're constantly evolving to stay ahead of their needs.

We're an iconic brand that thrives on innovation, exceeding our customers' expectations and enabling our collective success. From day one, you'll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people's lives.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career - and your potential - in mind. You'll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.

• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family's overall well-being.
• Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
• Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
• Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.

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.