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 toss their templates aside, roll up their sleeves, and get their hands dirty building better models and analytics from the ground up.
In this role, you’ll be on the frontlines of pricing techniques, wielding your deep understanding of both the theoretical and technical applications behind pricing to develop and test innovative, next-generation rating plans. Using modern tools and techniques, you’ll be constructing and automating processes to replace labor-intensive tasks, letting you can focus on being an actuary. With direct access to key information and the encouragement to experiment with it means you’ll have the freedom to sculpt creative pricing solutions.
What you'll do:
Lead pricing initiatives including state-by-state roll-out and developing/automating reporting processes for analysis
Use statistical models to develop rating plans and recommendations for pricing improvement
Evaluate and analyze market data to make competitive strategic decisions
Reserve analysis including traditional and non-traditional techniques
Opportunities for growth with company into management or other more senior roles
What you'll need:
Demonstrable expert in Statistics/Applied Mathematics
3 years of pricing insurance experience
Intermediate experience in SQL/PostgreSQL or other database software packages
Demonstrable experience with modeling in R, Python or other modeling software packages
What we'd prefer:
ACAS or above
Demonstrable experience in constructing pricing models from scratch
Practical predictive modeling experience
Personal Auto/Home pricing experience
Management experience (team, project, or product)
Actuarial reserving experience
About Root Insurance Company
Root was founded on the belief that insurance is a broken industry, and we set out to change it. By getting to the “root” of the issue—the unfair, archaic, complicated insurance business model—and solving it entirely, we set out to transform the car insurance world. As an actuary, this should be the time of your life. New data everywhere, new analytical approaches, and the massive computational power to finally put the two together. At Root, we are using data and analytics to change the way the insurance industry works.
BACK TO TOP
Pricing Career Center is Just One of the Benefits.
Discover what else PPS has to offer!
The job you are trying to reach from was originally posted at Pricing Career Center.