We take your compensation and retirement seriously.

Saving for tomorrow starts today, and at GEICO we offer our associates several ways to ensure their futures are bright. Through competitive salaries, merit-based promotions, company profit sharing awards, and other savings options, our associates can build wealth and secure a promising financial future.

Traditional and Roth 401(k) Plans

  • There is no waiting period to enroll.
  • You are auto-enrolled to make a 3% pre-tax contribution into the plan.
  • You can make pre-tax and/or post-tax contributions.
  • We offer over 20 investment options through Vanguard.
  • Because we're a Berkshire Hathaway subsidiary, associates can elect to invest in class B Berkshire stock (NYSE: BRKb).
  • You can manage your accounts quickly and easily through the Vanguard Web site.

Profit Sharing Plan*

  • This plan rewards associates based on two key factors: policy growth and underwriting performance. Over the last 10 years, GEICO's contributions to this 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.

Flexible Spending Accounts (FSA)

  • Health Care FSA allows you to set aside pre-tax money each year to pay for eligible out-of-pocket medical expenses; a debit card can be used for routine co-pays and prescriptions.
  • Dependent Care FSA allows you to set aside pre-tax money each year to pay for eligible dependent day care expenses.

Life Insurance

  • GEICO offers basic group life insurance at no cost to our associates and optional life insurance at very low rates.
  • Our provider offers free will preparation and travel coverage services.

Accident Insurance

  • We provide travel accident insurance for eligible associates traveling on company business.
  • Associates may also enroll in voluntary group accident insurance at affordable rates for themselves and their eligible family members.

Associate Assistance Program (AAP)

  • The AAP provides legal assistance, debt services and financial consultation to associates at no cost.

GEICO Federal Credit Union

  • Provides convenient, on-site banking and ATMs.
  • Associates can secure their money in insured accounts.
  • Our credit union offers home, car and education loans at competitive interest rates.

Matching Gifts Program

  • GEICO will match donations to charities, colleges and universities allowing our associates to financially support organizations of importance to them.

*Past performance is not a guarantee of future results, and profit sharing is not a guaranteed benefit.

Benefits may vary for interns and part-time associates. 

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