Actuary Analyst I, Actuarial Pricing

Root Insurance

63d • Remote

About The Position

We believe that a disruptive insurance company must have a principled quantitative framework at its foundation. At Root, we are committed to the rigorous development and effective deployment of modern statistical machine learning methods to solve problems in the insurance industry. An Actuary Analyst I within our pricing group helps to accurately and efficiently produce rate filings, state expansion filings, respond to filing objections, and develop tools to monitor all aspects of Root’s pricing and competitive position . An actuary analyst I is a key member of Root’s quantitative science department and works closely with other actuaries and data scientists. Additionally, they work cross functionally with members of State Product Management, Product, Engineering, and Insurance regulatory. Root is a “work where it works best” company. Meaning we will support you working in whatever location that works best for you across the US. We will continue to have our headquarters in Columbus to give more flexibility and more choice about how we live and work.

Requirements

• 2-3 actuarial exams
• Proficiency in excel
• Demonstrable ownership mentality, taking initiative to find, prioritize, and be accountable for the highest impact work
• Commitment to analytical rigor and problem solving skills
• Exceptional communicator

Nice To Haves

• 1+ years auto/home pricing experience
• Experience with R or Python
• Experience with databases and SQL
• Experience communicating with state regulators

Responsibilities

• Prepare rate filings and engineering implementations.
• Execute pricing initiatives including initial state roll-out and rate changes for auto and renters products.
• Evaluate and analyze data, including quarterly indications, to develop recommendations for pricing improvements and strategic goals.
• Support filing objections with thorough, accurate, and effective analysis and communication

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 11-50 employees