Actuarial Analyst, Auto & Renters Pricing

| Remote
Sorry, this job was removed at 9:35 a.m. (CST) on Saturday, December 4, 2021
Find out who’s hiring remotely
See all Remote jobs
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Our telematics data has opened the door to new ways of auto pricing: new data everywhere, new analytical approaches, and the massive computational power to finally put the two together. We're looking for actuaries that are ready to roll up their sleeves and get their hands dirty, building better models and analytics from the ground up.

 

We're looking for an Actuarial Analyst to make Root a nation-wide insurance provider by building, filing, and implementing initial rating plans in new auto and renters states. There's no playbook on how to do this; you'll be taking both statistical modeling and creative problem solving to incorporate insights into a final product. However, your role doesn't end once our product is live. Once in the market, you'll be monitoring and reporting on key market metrics, making strategic adjustments to meet Root's goals.

 

What you'll be doing:

  • Execute pricing initiatives including initial state-by-state roll-out and rate changes for auto and renters products
  • Support rate filings and engineering implementations
  • Use statistical models to develop rating plans and recommendations for pricing improvements (example: rate indications work, limit studies, etc)
  • Build monitoring and reporting on new market metrics vs strategic goals
  • Evaluate and analyze market data to make competitive strategic decisions
  • Opportunities for growth with company into management or other more senior roles


What we're looking for:

  • 1+ years of P&C insurance experience in an actuarial role
  • Demonstrable experience with R, Python or other modeling software packages
  • Intermediate experience in SQL or other database software packages


Some things we're prefer:

  • 2+ CAS/SOA exams
  • Personal Auto/Home pricing experience
  • Demonstrable experience building and validating predictive models (e.g. model selection, performance metric selection, cross-validation, bootstrapping)
  • Rigorous statistical thinking within an alternative model framework
  • Management experience (team, project, or product)
  • Experienced candidates may be considered for team leadership role


Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Location

IL

Similar Jobs

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about RootFind similar jobs