Actuary

Local Jobs Tesla
  • United States, Fremont, CA View on Map
  • Post Date: June 18, 2020
  • Apply Before : July 18, 2020
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Job Description

What you need to know:

We are seeking an actuarial professional with industry expertise to assist with pricing the Tesla Insurance Services PL Auto business. The Actuary will be responsible for profitability studies, portfolio deep dives, working with product managers and underwriters on pricing model development & enhancements. They will implement best practices analytical techniques, partner with data scientists in assessing the impact of loss trends and claims emergence, and partner with underwriters in assessing the impact of changes in appetite and portfolio mix.


Key Responsibilities:

  • Analyze the profitability of the PL Auto book of business
  • Work closely with product management to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities.
  • Monitor rate, exposure, retention, new, lost business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management.
  • Provide business solutions to maximize risk adjusted profit. Develop analytical tools to help business effectively manage existing portfolios.
  • Complete reserve development
  • Research and develop advanced pricing techniques.
  • Research and develop best practices pricing techniques to be implemented across the business.
  • Experience in developing and interpreting GLMs in pricing.


What we’re looking for:

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • ACAS or FCAS
  • 7 years or more experience in [commercial casualty lines (e.g. GL, Excess, and Auto) or professional lines] pricing preferred
  • Strong analytical and problem-solving skills
  • Work well both independently and as part of a team
  • Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred
  • Strong business and collaboration skills and responsive to service needs and operational demands
  • Excellent communication, presentation, and interpersonal skills

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