Actuarial Consultant
Arcadia- Full Time
- Junior (1 to 2 years)
Candidates should possess a Bachelor's degree in mathematics or statistics, ideally, and have at least 7 years of actuarial experience. An Associate of the Casualty Actuarial Society (ACAS) credential is required, and a Master's degree is preferred. Strong skills in advanced actuarial, mathematical, and statistical techniques are necessary, along with experience utilizing data analysis tools such as Python, R, SQL, SAS, and BI tools. Demonstrated experience in communicating complex solutions to both technical and non-technical audiences, including executive leadership, is also essential.
The Lead Actuary will apply advanced actuarial knowledge to support broad and complex projects, including evaluating and selecting methodologies for cost forecasting and developing alternative methodologies to comply with regulatory requirements. They will independently run liability attritional and large loss models, interpret results, and communicate them to support critical business activities. The role involves leading special actuarial projects, training analytics and data team members, identifying compliance gaps, recommending solutions, and representing the Actuary in cross-functional efforts. Additionally, the Lead Actuary will develop written communication and presentations, support financial audits, and ensure risks associated with business activities are effectively identified and controlled.
Peer-to-peer car sharing platform for rentals
Turo operates in the peer-to-peer car sharing market, allowing private car owners to rent out their vehicles to others. Car owners can list their vehicles on Turo’s platform, where they set their own rental prices and availability. Renters can browse these listings, select a vehicle that meets their needs, and book it for a specific time. Turo facilitates the transaction by providing insurance coverage and customer support, ensuring a smooth experience for both car owners and renters. The company earns revenue by taking a percentage of the rental fee, which aligns its interests with those of its users. Turo stands out from competitors by offering a diverse range of vehicles, including everyday cars, luxury, and specialty options. The goal of Turo is to provide a flexible and cost-effective alternative to traditional car rental services, leveraging the sharing economy to connect car owners with renters.