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GEICO

Innovation Analyst

GEICO, Chicago, Illinois, United States, 60290

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Overview

This range is provided by GEICO. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $82,000.00/yr - $157,850.00/yr About GEICO The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2023, GEICO earned premiums worth over $40 billion U.S. dollars. GEICO is going through a massive digital transformation to re-platform the Insurance industry, removing friction across Customers, Partners, Marketplace, Segments, Channels, and Experiences as we grow our reach and market share. About the role GEICO is hiring an

Innovation Analyst

to join their Claims Innovation team. As an Innovation Analyst, you will support GEICO’s Claims Innovation team in identifying, analyzing, and implementing opportunities to improve processes and technology. This role partners with cross-functional teams to deliver innovative solutions that enhance efficiency, accuracy, and customer experience. Responsibilities

Evaluate and analyze existing claims processes, data, and performance metrics to identify opportunities for efficiency, effectiveness, or accuracy. Gather and analyze data to provide insights into claims processes and performance metrics. Support the development of actionable strategies and assist in implementing process and technology enhancements. Assist the Director, Claims Innovation in establishing priorities, goals, and objectives. Collaborate with Operations, Product, AI/ML, and Engineering teams to define and prioritize requirements. Prepare reports and presentations summarizing findings, recommendations, and project progress. Contribute to and/or lead pilot programs, POC’s, or A/B testing and reporting on performance and progress. Participate in innovation workshops, ideation sessions, and design sprints. Monitor project risks, benefits, and performance metrics; escalate issues as needed. Stay informed on industry trends, emerging technologies, and best practices. Qualifications

3+ years of experience in business process optimization, business analysis, consulting, innovation, or process engineering. Leadership experience in P&C insurance claims. Bachelor’s degree in Business, Finance, Economics, Statistics, or related field. Knowledge of innovation methodologies, processes, and principles. Strong analytical skills and ability to interpret data for decision-making. Effective communicator with strong collaboration skills. Demonstrated ability to adapt and learn in a fast-paced environment. Commitment to diversity, equity, and inclusion. Leadership Qualities

Leads from the front and isn’t shy about using their voice. Ability to lead and influence with empathy and humility. Ability to navigate and lead through complexity. Curiosity, critical thinking skills; a lifelong learner who sees situations through multiple lenses. Exceptional character and an ability to instill confidence and build trust; high emotional intelligence with attentive, empathetic listening. Location

Remote, or available office. Annual Salary

$82,000.00 - $157,850.00 The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final rate. These factors include role scope, candidate experience, education, work location, and market considerations. At this time, GEICO will not sponsor a new applicant for employment authorization for this position. The GEICO Pledge

Great Company:

We help our customers through life’s twists and turns and stay ahead of their needs. We’re an iconic brand that thrives on innovation and collaboration. Great Careers:

We offer a career with growth opportunities, personalized development programs, mentorship, and coaching. Great Culture:

We foster an inclusive culture of shared success, integrity, and belonging, with a focus on performance and collaboration. Great Rewards:

We offer a comprehensive Total Rewards program, including compensation, 401(k) with match, tuition assistance, and benefits supporting well-being. We also offer flexibility, including GEICO Flex. Comprehensive Total Rewards program tailored to you and your family. Financial benefits including market-competitive compensation; 401K with 6% match; incentives; tuition assistance. Access to mental health benefits, fertility and adoption assistance. Workplace flexibility and GEICO Flex (remote work 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. GEICO does not tolerate harassment and expects cooperation to maintain an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.

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