Lead Pricing Actuary

Root Insurance Columbus , OH 43216

Posted 1 week ago

Root is rebuilding insurance from the ground-up, and it's working.

You probably know by now the digital customer experience in insurance leaves something to be desired. The industry, however, is unable to adapt; ladened with technical debt; spending tens of millions of dollars on backend integrations which can take years to complete. In the meantime, the pace of technology, sensor data availability, and machine learning/computational power is accelerating faster than ever.

At Root, we set out to build a new solution. We are customer obsessed and stop at nothing to ensure we are using modern technology and data science to create the best product and customer experience the world has ever seen.

Job description

As an actuary, this is an opportunity of a lifetime. New data everywhere, new analytical approaches, and the massive computational power to finally put the two together.

But, if you're working at most insurance companies, odds are you aren't solving these problems. At Root, we are using data and analytics to change the way the insurance industry works.

We're rapidly growing and expanding into new markets. In this role, you will be building our actuarial foundations from the ground-up with a team of highly curious, freaky smart people.

Responsibilities

  • Lead pricing initiatives including state-by-state roll-out and developing/automating reporting processes for analysis

  • Lead the development of using statistical models to rapidly develop rating plans and recommendations for pricing improvements

  • Evaluate and analyze market data to make competitive strategic decisions

  • Manage a team of highly skilled actuaries and analysts

  • Opportunities for growth with company into management or other more senior roles

Minimum Requirements

  • FCAS designation

  • 5 years of P&C actuarial insurance experience

  • 3 years of personal lines insurance experience

  • Strong interpersonal skills, and ability to communicate clearly for a wide range of audiences.

  • Practical predictive modeling experience

  • Demonstrable expert knowledge in statistical analysis

  • Demonstrable experience with modeling in R, Python or other modeling software packages

  • Intermediate experience in SQL/PostgreSQL or other database software packages

Why join Root? Because we believe the best way to move the world forward is the relentless pursuit of ideas. We build things that ought to exist, but would not exist, if we were not building them. We do this through immense dedication to our craft, an unwavering focus on our fellow human beings, and a maniacal obsession with the quality of our creations. Problems stick in our craw, and we don't let them go until we solve them. We believe in the scientific process and know that experimentation is the best way to find truth. We don't hold ideas down no matter how crazy they may seem. We foster them, nurture them, and unceasingly test them. If you are the kind of person that loves tackling big problems with a collaborative group of people until you find solutions, you belong here.

If working here sounds interesting and you'd like to be a part of building Root with us, we'd love to chat.


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Lead Pricing Actuary

Root Insurance