GEICO’s full name, Government Employees Insurance Company, alludes to its first customers—government employees and military personnel. Founder Leo Goodwin went into business in 1936 when he determined that he could deliver automobile insurance at reduced prices by selecting prime customer groups and marketing directly to them. By doing so, Goodwin succeeded in driving down operating costs and passed on the savings to GEICO’s customers. Today, GEICO is one of the largest and fastest-growing auto insurance companies in the United States, insuring over nine million policyholders. GEICO, a subsidiary of Berkshire Hathaway, has over 24,000 employees working in 12 major offices across the United States.
GEICO interns participate in either the operations or corporate internship programs. Internship participants work with a team and take part in several individual and group projects and presentations. Operations interns are exposed to executive management and business operations, including sales, customer service, claims and the underwriting process. Interns in the corporate offices in the Washington, D.C., area work in communications, underwriting, human resources, product management and IT. All interns are paired with a mentor and take part in executive luncheons, and about half are offered full-time positions upon graduation.
Juniors, seniors and recent graduates are eligible to apply. Preference is given to business majors for operations and corporate internships, and computer science-related majors for IT internships. A current overall undergraduate GPA of at least 3.0 is required. Applicants must have a strong computer skills, good analytical and problem-solving skills, and effective written and verbal communication abilities.
Number of Interns: 21 to 50
Compensation/Benefits: Academic Credit, Paid
Academic Level: College Juniors, College Seniors
Little Rock, AR
New York, NY