Actuary [Remote-US]

About Us

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.

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.

The Role

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