Insurance Product & Pricing Internship Program - Actuarial Track

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GEICO

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10,001+ employeesFounded 1936Bethesda, MarylandInsurance
Actively hiringPaidSummer 2027Insurance
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Best applied by Nov 17

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About the role#

This internship program offers hands-on experience within our actuarial team. You will work on projects that support our pricing and state management departments. Your work will directly inform business decisions regarding insurance rates and loss trends. This is a paid, 10-week summer program designed for students interested in a career in insurance and actuarial science.

What you'll do#

  • Complete actuarial projects including rate reviews, filings, and loss development analysis.
  • Develop and present your findings and proposals to pricing and state management leadership.
  • Attend training sessions covering insurance, business, pricing, and technical topics.
  • Participate in networking events and regular meetings with senior leaders and mentors.
  • Gain exposure to our core business objectives and strategic initiatives.

What you'll need#

  • Currently pursuing a Bachelor's or Master's degree in Math, Statistics, Actuarial Science, Economics, Business, Data Analytics, or a related field.
  • Expected graduation date by May 2028.
  • A cumulative GPA of 3.0 or higher.
  • Intermediate Excel skills and basic proficiency in R, SQL, Python, or Power BI.
  • Strong analytical, problem-solving, and communication skills.
  • Ability to manage multiple priorities with attention to detail.
  • Intellectual curiosity and a self-driven approach to work.

Location & details#

  • Location: Bethesda, Maryland.
  • Term: Summer 2027.
  • Modality: Hybrid, requiring you to work from the office three to four days per week.
  • Requirements: You must live within a commutable distance to the Bethesda office. We do not provide visa sponsorship for this position.

About GEICO

GEICO is a large auto insurance provider based in Bethesda, Maryland. Founded in 1936, the company operates as a member of the Berkshire Hathaway family. It offers various insurance products including auto, homeowners, and commercial coverage to millions of customers. The organization employs over 32,000 people across multiple locations in the United States.

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