GEICO Sweetens its Insurance Jobs With New Education Benefit

(LiveInsuranceNews) - The new benefit is being offered across the company, eliminating all upfront costs of education.

GEICO has announced that it is adding a new education and growth benefit across the company to make insurance jobs even more appealing to the 40,000 existing associates and those considering a position with the company.

The education benefit through GEICO Strive is available to current and new associates in the company.

Through GEICO Strive, those with insurance jobs with the company will have access to over 220 schools and education providers and will enjoy benefits with them specific to the associates, with partnerships with top universities and colleges across the country. The benefits are mainly directed at the GEICO associates themselves, but some of the education partners do also offer select program discounts to immediate family members of those employees.

These benefits include pre-paid fees and tuitions, removing any requirement for reimbursement, as well as exclusive tuition discounts and other savings in areas not already fully covered. It includes certification programs and Master’s degrees. The benefits offer personalized career guidance and education counseling. Learning opportunities include in-person, online and hybrid classroom options.

This is among many efforts GEICO is making to boost the appeal of insurance jobs with the company.

“GEICO is thrilled to launch this new benefit. We have always invested in associates’ education and growth—we’re now taking an already great benefit to a higher level,” said GEICO Assistant Vice President Marouf Ahmed. “With increased starting salaries, our highly competitive benefits, streamlined hiring processes, and new hybrid work schedule, it’s never been simpler to change careers and join the GEICO team.”

GEICO has been adding a number of features to its working environment to help make it easier to hire new employees in a labor shortage, and to make sure that they retain the workers they already have. The insurer recently rolled out a hybrid work schedule, for instance. This made it possible for people in many insurance jobs to be able to work from home between three and five days per week once their orientation as a new hire with the insurer is complete.

February 3, 2022

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