Lead Actuary

Position Overview

• Location Type: Remote
• Job Type: Full-time
• Salary: $152,000 - $200,000 annually (for remote US locations)

As Turo’s lead actuary, you will collaborate with insurance and data teams to analyze risk trends, loss costs, and build models for forecasting expected costs, recoveries, and exposures.

Responsibilities

• Apply advanced actuarial knowledge to support broad and complex projects, including:
  • Evaluating and selecting methodologies for protection programs, recoveries, and subrogation.
  • Determining expected ultimate costs and supporting trip pricing.
  • Developing alternative methodologies for complex regulatory compliance.
  • Selecting metrics and designing processes to monitor model performance.
  • Translating business problems into technical requirements and developing solutions.
  • Independently running liability attritional and large loss models, interpreting results, and communicating findings.
  • Enhancing the control environment as needed.
• Utilize advanced actuarial, mathematical, or statistical techniques to augment actuarial work products.
• Lead special actuarial projects, such as developing new methodologies or reporting tools.
• Train analytics and data team members on actuarial methodologies.
• Apply deep understanding of products, stakeholder needs, and industry trends to solve unstructured business problems.
• Identify and anticipate compliance gaps and process improvements, recommending and developing solutions to mitigate risk.
• Represent Actuary in cross-functional efforts.
• Develop written communication and presentations to effectively convey data-driven solutions to broad audiences, including executive leadership.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled.
• Support financial audit requests, including presenting methodologies and assumptions to KPMG.

Requirements

• Demonstrated advanced skills with relevant actuarial, mathematical, and statistical techniques.
• Advanced knowledge of data analysis tools, data visualization, and developing analysis queries and procedures in Python, R, SQL, SAS, BI tools, or other analysis software.
• Ability to connect external insights to business problems.
• Demonstrated experience communicating complex solutions and analysis to both technical and non-technical audiences, including executive leadership.
• Strong attention to detail; must produce accurate work products and proactively identify issues.
• Education and Experience:
  • BA/BS degree in mathematics or statistics required.
  • Masters degree preferred.
  • 7+ years of Actuarial experience.
  • Associate of the Casualty Actuarial Society (ACAS) Credential.

Company Information

Turo is a car-sharing marketplace.

Benefits

• Competitive salary, equity, and benefits.
• Employer-paid medical, dental, and vision insurance (Country specific).
• Retirement employer match.
• Learning & Development stipend.
• Turo host matching program.
• Turo travel credit.
• Cell phone and internet stipend.
• Paid time off.

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