Actuary

Zendrive

Chicago, IL, US
  • Job Type: Full-Time
  • Function: Data Science
  • Post Date: 05/03/2021
  • Website: zendrive.com
  • Company Address: 495 3rd Street, San Francisco, CA, 94107

About Zendrive

Zendrive is leading the evolution of safety in an era of transportation innovation and mobile ubiquity. We've measured and analyzed 185-billion miles of driving data and are using it to better predict risk, reduce collisions, and save lives and money.

Job Description

We're seeking an Actuary to join our rapidly growing commercial insurance subsidiary, Fairmatic. Built on the basis of 190 billion miles of driving data, Fairmatic’s purpose is to save lives by building a
world class commercial fleet that encourages our customers to be safer on the road. This is an
opportunity to be part of a exciting, ambitious company that is looking to find new ways to delight our
customers in this commercial auto space. If you decide to apply to this role, you will be part of a
founding team that will change insurance forever. At Fairmatic we promise you three things – our 3
T’s: Trust, Transparency & Tenacity.
 
Under the guidance of the Actuarial Manager, this individual will provide actuarial support creating and
pricing insurance policies based on the likelihood that Fairmatic will have to pay out claims, in line with
our specialised telematic customer research.
 
This is a remote (work from home) position that can be based anywhere within the U.S.

Responsibilities:

    • Developing complex pricing models using telematic data
    • Automate and enhance processes to improve efficiencies
    • Pull, cumulate, query and validate data
    • Optimize Fairmatic’s risk coverage
    • Designing statistical models letting Fairmatic make comprehensive decisions
    • Participate in the planning cycle for insurance policy pricing
    • Research the current guidelines, rules, statutes as applicable for Auto Insurance
    • Execute complex trend analysis (e.g., frequency and severity trends)

What we need from you... (essential criteria)

    • 2-3 years’ experience in auto insurance personal lines
    • Proficiency in Excel and SQL
    • Bachelor’s degree in actuarial science, mathematics, statistics, economics or a related field
    • Shared vision of the future insurance to be fair and transparent
    • Proactive, passionate attitude
    • Self-affirmative and driven to get the job done

The Perks...

    • Salary- Sector-leading wages as well as equity in a business which is already secure and trading strongly
    • Healthcare: Comprehensive private medical insurance
    • Balance: Fairmatic has an unlimited vacation policy
    • Wellness: Monthly allowance for gym, yoga, or massage memberships
    • Financial: 401(k) Retirement savings program
    • Mobile: Monthly allowances for mobile data plan
    • Internet: Monthly allowances for home internet
    • Entertainment: Monthly allowances for Spotify Premium, Pandora, Apple Music or Audible Sliver subscription
    • Learning & Developing: Annual allowances to apply towards a professional development
If you've got what it takes to be a great Actuary, and want to join a fast-growing team that thrives on solving challenging problems, apply today! Please also feel free to contact us at [email protected]
 
Fairmatic is an equal opportunity employer, and we are committed to building a team culture that
celebrates diversity and inclusion. Each applicant will be assessed and selected through essential
criteria laid out in this description.
 
When we say Zendrive is an Equal Opportunity Employer, we are not just adding a legal addendum. Of course, we do not discriminate on the basis of race, color, religion or beliefs, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability, but we believe that is quite a low bar. In fact, we celebrate our differences as our strength and actively work to build an inclusive environment for all. If we can do anything to improve your application and interview process, please let us know!
 
To all recruitment agencies: Zendrive does not accept unsolicited resumes. Please do not forward resumes to Zendrive employees or any other company location. Zendrive is not responsible for any fees related to unsolicited resumes.

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.