Actuary [Remote-US]

About the role

Quanata is on a mission to help ensure a better world through context-based insurance solutions. We are an exceptional, customer centered team with a passion for creating innovative technologies, digital products, and brands. We blend some of the best Silicon Valley talent and cutting-edge thinking with the long-term backing of leading insurer, State Farm. Learn more about us and our work at quanata.com Our Team Quanata, LLC is an insurance technology innovation company that engineers advanced risk prediction and prevention solutions, develops risk-focused acquisition capabilities, and builds/supports a full-stack, flexible, digital & increasingly AI-native insurance platform. This helps our primary clients, State Farm and HiRoad Assurance Company, adapt to evolving market needs. Quanata, LLC is wholly owned and funded by State Farm. As a company that prioritizes an inclusive and positive culture, we believe the core of our success is in hiring talented people - across disciplines - who want to help us make a quantifiable impact. We're looking for an accomplished and well-rounded Actuary to revolutionize actuarial and risk solutions using Python, R, SQL or other cloud technology and advanced analytics tools. Your day-to-day Independent Execution - Independently analyze ratemaking, competitive analysis and customer data using actuarial and data analytics solutions to provide high-level rating recommendations and drive results Regulatory Leadership - Lead the preparation and review of complex regulatory filings: this includes actuarial memo, rate indication, and modeling related supporting exhibits. Proficient Modeling - Utilize GLM expertise and machine learning expertise build, validate and interpret GLM models, provide expert feedback to Data Science partners Process Automation and Improvement - Proactively identify and executive initiatives to automate pricing, reserving and risk workflows using Python or other cloud technologies Tool Development - Design, develop and maintain actuarial, risk and forecasting tools using relevant actuarial, statistical and data science methodologies. Stakeholder Management - Act as a key resource for the team, translating complex technical findings into actionable strategies for internal and external stakeholders Cross Functional Collaboration - Lead cross-functional collaborative effort to curate and support delivery of actuarial products and services, ensuring exceptional performance and identifying opportunities for growth and product expansion. Strategic Contribution - Significantly contribute to the ideation and development of new product feature offerings, with 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 6-8 years of hands-on experience in P&C ratemaking, with a strong track record of automating actuarial solutions Deep programing experience 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 Progress towards ACAS/FCAS designation (expected to have passed 5+ exams) Expert 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: $210,000 to $260,000* *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 benefi

Benefits

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