I have been working at GEICO full-time
Pros
Nice people; Good professional development program
Cons
Product cycle is pretty long
Helpful (1)
Application
I applied online. I interviewed at GEICO (Washington, DC) in April 2021.
Interview
Alright, I don’t usually write reviews but I am writing this to save people time and trouble. I am an insurance professional and I applied for this position. They first will send you a questionnaire of why you are interested in geico and would be a good fit for the position. Then you will take an aptitude test. It’s interactive. Not multiple choice. It tests logic and mathematical/quantitative reasoning. Similar to the GRE not the SAT. It’s best to study percentage increases/decreases. Fraction conversion. Logic - arrangements. It’s a timed test and you only have 18 minutes for each test. It is the SHL test which a lot of companies use to test a candidate’s maximum aptitude. Job test prep has good resources to prepare for this. This seems to be a vital component of the hiring process because as I said before I have prior insurance experience in multiple departments and I did not make it past this round.
Through a lot of research of the interviews reviews you should know a couple things if you make it past this round (although I did not this is just what I collected) 1. What do you know about geico (learn the history and key milestone and stats, how many vehicles insure, premium IF, ceo, owns parent company : Warren Buffet etc) 2. Benefits of being a subsidiary of Berkshire Hathaway 3. The pros and cons of direct marketing (i would look into how geico does this effectively too) 4. What factors going into pricing premium (this could mean in terms of loss reserves or underwriting risk factors) seem to be common questions over the past couple of years.
If you are not an insurance professional I would suggest looking at iii.org at statistics and further understanding of the market and how insurance companies determine premium and have a better understanding of that type of data and trends.
I hope this helps anyone applying for the role as I found that they do not care about product knowledge as much as they care about your aptitude test. Additionally, in hindsight if you are able to get a doctors note for any additional time due to disabilities I would try that too. That 18 minutes goes quick.
Good luck!
Interview Questions
