Associate Actuary [Remote-US]

The Role

We’re looking for an accomplished and well-rounded Associate Actuary to revolutionize actuarial and risk solutions using Python, R, SQL or other cloud technology and advanced analytics tools. 

Your day-to-day

1. Analyze ratemaking, competitive analysis and customer data using actuarial and data analytics solutions to provide rating insights and make recommendations on rates. 
2. Review filing requirements and prepare filings for regulatory authorities; this includes actuarial memo, rate indication, and modeling related supporting exhibits. 
3. Leverage GLM expertise to collaborate and provide input and feedback to our Data Scientists and review model results
4. Leverage Python programming language or other advanced analytics tools to automate and improve pricing, reserving and risk management solutions.
5. Develop and maintain actuarial, risk and forecasting tools using relevant actuarial, statistical and data science methodologies.
6. Communicate with both internal and external stakeholders to share results of actuarial and risk analysis, and provide reserving, pricing, and other actuarial services to support our parent company.
7. Collaborate with cross-functional teams to curate and support delivery of actuarial products and services, ensuring exceptional performance and identifying opportunities for growth and product expansion.
8. Contribute to the ideation and development of new product feature offerings, with the potential for direct involvement and ownership of analysis, technical design, and output.

About You

• BS/BA in Math, Statistics, Economics, Actuarial Science or similar or equivalent relevant experience
• 3 – 5 years of hands-on experience in P&C ratemaking, with a strong track record of automating actuarial solutions 
• Programming proficiency in at least one of: Python (Pandas, NumPy, and Scikit-learn) or R (dplyr, ggplot2, caret)
• Solid understanding of statistical techniques including GLM, with the ability to build models and interpret results
• Passed a minimum of 4 actuarial exams
• Strong knowledge of insurance fundamentals, including pricing methodologies, reserving techniques, and regulatory requirements
• Proficient SQL and modern data warehouses (Snowflake preferred). 
• Experience using data visualization tools (Matplotlib, Seaborn,Tableau, or similar)
• Excellent communication for cross-functional collaboration
• Entrepreneurial mindset with a passion for innovation and driving new product development

Bonus Points

• Multi-language programming experience (Python + R + SQL) with cloud platform knowledge (AWS, Azure or similar)
• Experience building models using GLMs or other machine learning techniques
• Understanding of telematics data and usage based insurance model development
• Non-traditional actuarial experience (ridesharing, InsurTech) or full product lifecycle experience from concept to market launch

Salary: $156,000 to $190,000*

*Please note that the final salary offered will be determined based on the selected candidate’s skills, and experience, as well as the internal salary structure at Quanata. Our aim is to offer a competitive and equitable compensation package that reflects the candidate’s expertise and contributions to our organization.

Additional Details: 

• Benefits: We provide a wide variety of health, wellness and other benefits.These include medical, dental, vision, life insurance and supplemental income plans for you and your dependents, a Headspace app subscription, monthly wellness allowance and a 401(k) Plan with a company match.
• Work from Home Equipment: Given our virtual environment— in order to set you up for success at home, a one-time payment of $2K will be provided to cover the purchase of in-home office equipment and furniture at your discretion. Also, our teams work with MacBook Pros, which we will deliver to you fully provisioned prior to your first day.
• Paid Time Off: All employees accrue four weeks of PTO in their first year of employment.  New parents receive twelve weeks of fully paid parental leave which may be taken within one year after the birth and/or adoption of a child. The twelve weeks is applicable to both birthing and non-birthing parent.
• Personal and Professional Development: We’re committed to investing in and helping our people grow personally and professionally.  All employees receive up to $5000 each year for professional learning, continuing education and career development.  All team members also receive LinkedIn Learning subscriptions and access to multiple different coaching opportunities through BetterUp.
• Location: We are a remote-first company for most positions so you may work from anywhere you like in the U.S, excluding U.S. territories. For most positions, occasional travel may be requested or encouraged but is not required. Some positions might require travel per the job description provided to the employee. Employees based in the San Francisco Bay Area or in Providence, Rhode Island may commute to one of our local offices as desired.  
• Hours: We maintain core meeting hours from 9AM – 2PM Pacific time for collaborating with team members across all time zones.