This content requires the
Macromedia Flash Player
Please download the latest
version here

GEICO (Government Employees Insurance Company)

The name goes back to GEICO's first customers in 1936, who were government employees and Military personnel. Founder Leo Goodwin went into business determined that he could deliver automobile insurance at reduced prices by selecting prime customer groups and marketing directly to them. Goodwin succeeded in driving down operating costs and passed on the savings to policyholders up front as discounts. GEICO continues to find ways to manage its business costs in order to offer savings to all drivers today.

How many customers does GEICO serve?

9 million auto policyholders and growing

GEICO insures more than 15 million vehicles

Just the stats on GEICO

GEICO is the third-largest private passenger auto insurer in the United States based on 2008 market share data as reported by the National Association of Insurance Commissioners, March 2009.

GEICO's parent company, Berkshire Hathaway, is the 3rd largest property/casualty insurer in the world

GEICO is the fastest-growing major auto insurer in the U.S., with policies-in-force growth of 8.9 percent in 2008

23,000 associates

12 major offices around the country

Provides 24-hour service, 7 days a week, 365 days a year

Four affiliated companies meet insurance needs of drivers

Who's at the helm?

Tony Nicely, Chairman, President and CEO, GEICO

Lou Simpson, President and CEO, Capital Operations

What's the connection with Berkshire Hathaway?

In 1996, GEICO became a wholly-owned subsidiary of Berkshire Hathaway, headed by Warren Buffett, one of the country's most successful investors. For the past two years, Fortune magazine has named Berkshire's property-casualty insurance operation the most admired in the country.

Who vouches for GEICO's financial strength?

GEICO/Berkshire Hathaway and its affiliates (GEICO General, GEICO Indemnity and GEICO Casualty) enjoy the highest ratings in the industry for financial strength and claims-paying ability:

AAA rating from Standard and Poor's

Aaa from Moody's

A++ from A. M. Best

An American Success Story

GEICO is built on ingenuity, perseverance, innovation, resilience and hard, honest work. From its humble beginnings in the midst of the Great Depression to its current place as one of the most successful companies in the nation, GEICO represents a quintessential American success story. Take a moment to review GEICO's milestones.

Read the whole GEICO story at geico.jobs

GEICO Milestones


1936 - GEICO is established by Leo and Lillian Goodwin.

1948 - Investment banker Lorimer Davidson joins the company and expands its pool of investors.

1951 - Columbia University business student Warren Buffet makes his first purchase of GEICO stock.

1958 - Leo Goodwin retires and is succeeded by Lorimer Davidson.

1959 - GEICO opens its new headquarters in Chevy Chase, MD.

1964 - GEICO passes the 1 million policyholder mark.

1965-1966 - GEICO insurance premiums reach $150 million; Net earnings double to $13 million.

1980 - GEICO introduces 24-hour, 365-telephone customer service.

1993 - New chairman Olza "Tony" Nicely implements a new strategy to expand the customer base; increased focus on advertising results in higher national visibility.

1996 - Warren Buffett purchases outstanding GEICO stock, making GEICO a subsidiary of Berkshire Hathaway, Inc.

2000 - The beloved Gecko makes his debut in a wildly popular GEICO ad campaign.

2002 - GEICO passes the 5 million policyholder mark.

2004 - The GEICO Caveman enters the scene with the "So easy a Caveman could do it" ad campaign.

2007 - GEICO passes the 8 million policyholder mark.

2009 - GEICO passes the 9 million policyholder mark.

Today - GEICO's assets have reached $24.4 billion, and the company looks forward to even more growth, founded on quality coverage and outstanding GEICO customer service.

Does GEICO offer more than car insurance?

Indeed! In addition to auto insurance, GEICO can help you with:

Motorcycle, ATV, RV, and Boat insurance

Homeowners, Renters, Condo, Co-op, and Mobile Home insurance

Personal Umbrella Protection

Life insurance

Flood insurance

Overseas insurance

Commercial Auto insurance

Identity Theft Protection

GEICO has offices throughout the United States, with headquarters located near Washington, D.C.

Chevy Chase, Md. (HQ)

Buffalo, N.Y.

Woodbury, N.Y.

Marlton, N.J.

Fredericksburg, Va.

Virginia Beach, Va.

Macon, Ga.

Lakeland, Fl.

Dallas, Texas

San Diego, Calif.

Honolulu, Hawaii

Coralville, Iowa

Tucson, Ariz.

In 2009, GEICO was named a "Best Place to Work for Recent Grads" by Experience, Inc.

Do you want to work with great people in a team environment? Do you want to work for a company that provides an important product and outstanding service? At GEICO, we're dedicated to providing college students with opportunities and the tools to succeed.

Career Opportunities

If you're a senior looking for a rewarding career with a growing company, then we want you to apply today! We're recruiting the following majors for various positions:

Business Administration, Management, Accounting, Finance, Marketing, Insurance
Actuarial Science, Mathematics, Economics, Statistics
Computer Science, Computer Engineering, Management Information Systems
All Liberal Arts related majors

Internship Programs

If you're looking for an internship, then learn how you can gain real-world experience with our industry-leading company.

We offer competitively paid internships in information technology, business operations and various staff departments
Summer interns entering their senior year may be considered for full-time positions based on their performance

See how your major fits in at GEICO. Go to
careers.geico.com/college_recruiting/how_your_major_fits

Our benefits package will help insure your future.

Our associates’ quality of life – now and in the years to come –is important to us. As a full-time GEICO associate, you'll be offered a competitive and comprehensive Total Rewards Program. It includes a variety of options to preserve your health and well-being, build wealth, secure your financial future, and enjoy more out of life!

• 401(k) and Profit-sharing plans
• Health, dental and life insurance
• Paid vacation, holidays and sick leave
• Undergraduate tuition reimbursement
• Associate assistance program
• Flexible spending accounts
• Business casual dress
• GEICO Federal Credit Union
• Fitness and dining facilities (at most locations)
• Associate clubs and sports teams
• Volunteer opportunities

We Share Our Profits with You

As GEICO prospers, so will you. GEICO's profit-sharing plan rewards associates for their hard work, based on factors that contribute to the company's value: policy growth and underwriting performance. Over the last 10 years, GEICO's contributions to the profit-sharing plan have averaged 21.5%** of associates' eligible earnings. Your share of any company contribution up to 10% is deposited directly to your 401(k) account. Any profit-sharing award in excess of 10% of eligible earnings is paid to you by check. Our profit-sharing plan can help provide you with a secure and comfortable retirement.

**Past performance is not a guarantee of future results.

BusinessWeek
Named GEICO a 2008 "Best Place to Launch a Career" company.

Experience, Inc.
Named GEICO a 2009 "Best Place to Work for Recent Grads."

The Black Collegian and IMDiversity, Inc.
Recognized as a "Top 100 Employer for 2009."

CollegeGrad.com
GEICO named Top Entry Level Employer for 2008.

The Greater Washington D.C. Region's Best Workplaces for Commuters(SM) Coalition
GEICO's Chevy Chase office was voted one of the Best Workplaces for Commuters in the Washington, D.C. area.

Best of Hampton Roads
In 2007, GEICO and its Virginia Beach, Va. office were voted "Best Insurance Company" and the "Best Place to Work" for the seventh year in a row.

Building a Winning Team

One of GEICO's strengths is the diversity of our associates, which helps us consistently meet the needs of our more than 8 million customers.

Diversity infuses our company with energy, increases the quality of new ideas, makes us more responsive to our customers' needs, and adds to our continued success. It gives GEICO the vitality today's ever-changing business world demands.

We cultivate a diverse work force and maintain a work environment in which every individual is valued for his or her unique skills and perspectives. We ensure that all associates have an equal opportunity to achieve their full potential. At GEICO, people are rewarded for their performance and the meaningful contributions they make to our organization.

Together, we will build and maintain an environment free from harassment and discrimination, where we value diversity and treat every associate fairly, with respect and tolerance. By following our operating principles and adhering to values such as honesty, integrity and respect, we are creating an environment that makes us all stronger, more effective, and ultimately more profitable.

We're a community, inside and out.

GEICO takes pride in being one of the nation's fastest-growing auto insurance companies. We are equally proud of the work we do outside our office walls. Part of GEICO's corporate mission is to encourage active, involved citizenship. GEICO associates read, build, mentor, walk, run, coach – we do whatever it takes to help organizations and people in need.

Through GEICO Corporate Community Citizens (GCCC), our associates contribute to, and participate in, a variety of activities where we have offices.

Our associates raise money to support organizations such as the United Way, March of Dimes, the Make-A-Wish Foundation, and Children's Hospital.

We host on-site blood drives in partnership with the American Red Cross.

Our associates volunteer for Big Brothers/Big Sisters, Toys for Tots, Habitat for Humanity, and the Special Olympics.

Each year, we donate coats, blankets and food for charity, and provide gifts to deserving children and seniors through our Angel Tree program.

GEICO sponsors walkers and runners to raise money for various causes and medical research.