Lead Actuary
Turo
About the team
As Turo’s lead actuary you will work with our insurance and data teams to conduct analysis of risk trends, loss costs, build models to forecast expected costs, recoveries and exposures.
What you will do
Apply advanced actuarial knowledge to support broad and complex projects (e.g., evaluates and selects methodology to determine expected ultimate costs of protection programs, recoveries programs, subrogation, and in support of trip pricing; develops alternative methodologies to comply with complex regulatory requirements; selects metrics and designs processes to monitor model performance; translates business problems into technical requirements and performs required analysis to develop solutions; independently runs liability attritional and large loss models and interprets and communicates results to support critical business activities, while enhancing the control environment as needed.
Utilize advanced actuarial, mathematical, or statistical techniques to augment actuarial work product.
Lead special actuarial projects, such as the development of new methodologies or reporting tools.
Train analytics and data team members on the theory and mechanics of relevant actuarial methodologies.
Apply deep understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
Identify and anticipate compliance gaps and process improvements; recommends and develops solutions to mitigate risk.
Represent Actuary in cross-functional efforts.
Develop written communication and presentations that effectively convey data-driven solutions to broad audiences, including cross-functional executive leadership.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Support financial audit requests, including presenting methodologies and assumptions used to calculate accrual rate to KPMG on a regular basis
Your profile
Demonstrated advanced skills with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
Advanced knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, R, SQL, SAS, BI tools or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
Demonstrated experience communicating complex solutions and analysis to both technical and nontechnical audiences, including executive leadership.
Strong attention to details: must produce accurate work products, proactively identify issues to be resolved
Education and Experience:
BA/BS degree required ideally in mathematics or statistics. Masters degree preferred
7+ years of Actuarial experience
Associate of the Casualty Actuarial Society (ACAS) Credential.
For this role, the target base salary range for remote locations in the US is $152,000-$200,000 annually, and your recruiter can share more about the specific range for your location. This role is also eligible for equity and benefits. In general, our ranges reflect the minimum and maximum market-based targets for the role based on its level and location and are subject to change. Within the range, individual pay is determined by objective factors assessed during the application and interview process, such as job-related skills, experience, and relevant education or training. We encourage you to talk with your recruiter to learn more about the total compensation and benefits available for this role.
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Benefits
Competitive salary, equity, benefits, and perks for all full-time employees
Employer-paid medical, dental, and vision insurance (Country specific)
Retirement employer match
Learning & Development stipend to invest in your professional development
Turo host matching program
Turo travel credit
Cell phone and internet stipend
Paid time off to relax and recharge
Paid holidays, volunteer time off, and parental leave
For those who are in the office full-time or hybrid we have in-office lunch, office snacks, and fun activities
We are committed to building a diverse team. If you are from a background that's underrepresented in tech, we'd love to meet you.
Aside from an award winning work environment and the opportunity to be part of the world’s largest car sharing marketplace, we are also growing the team quickly - join us! Even if you don't meet every qualification, we are looking for people with enthusiasm for what we do and we will consider you for this and other possibilities.
About Turo
Turo is the world’s largest car sharing marketplace where you can book the perfect car for wherever you’re going from a vibrant community of trusted hosts across the US, UK, Canada, Australia, and France. Whether you're flying in from afar or looking for a car down the street, searching for a rugged truck or something smooth and swanky, Turo puts you in the driver's seat of an extraordinary selection of cars shared by local hosts.
Discover Turo at https://turo.com, the App Store, and Google Play, and check out our blog, Field Notes.
Read more about the Turo culture according to Turo CEO, Andre Haddad.
Turo is an Equal Opportunity Employer and a participant in the U.S. Federal E-Verify program. Women, minorities, individuals with disabilities and protected veterans are encouraged to apply. We welcome people of different backgrounds, experiences, abilities and perspectives.
Turo will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance, as applicable.
We welcome candidates with physical, mental, and/or neurological disabilities. If you require assistance applying for an open position, or need accommodation during the recruiting process due to a disability, please submit a request to People Operations by emailing PeopleOps@turo.com.