Reserving & Analytics Actuary

Tesla Insurance supports Tesla's mission aiming to reduce the cost of ownership of our vehicles, by minimizing insurance cost and establishing a feedback loop to the OEM, while improving the end-to-end customer experience. This role is pivotal to ensuring that leadership has an in-depth understanding of drivers of the business outcomes, operational processes and areas of potential improvements. A successful candidate will be able to approach reserving and claims analytics from first principles and partner with the rest of the business to identify key drivers of results. A strong candidate will be able to present these findings to leadership to help make tactical and strategic decisions.
This position can sit in Austin, TX; Hayward, CA; Owing-Mills, MD; or Draper, UT.

Responsibilities

• Perform regular reserving studies including preparing the data, performing the analysis, communicating the results and documenting the end-to-end process
• Explore and implement novel reserving methodologies and models, utilizing data science and analytics
• Perform on-going and ad-hoc analysis and predictive modeling exercises on claims data, and reporting on key findings and recommendations
• Develop and implement various internal and external monitoring and reporting tools
• Assist in the maintenance of the various insurance data marts used for analysis and reporting
• Provide business requirements for changes, enhancements and new features for the claims management system
• Partner with various business stakeholders, including Claims, Finance, Product, Pricing, Underwriting, Data Science, IT, and insurance leadership

Requirements

• ACAS/FCAS (or equivalent designation) with 5+ years of relevant experience in reserving and claims analytics
• Strong analytical and modelling skills, with extensive experience in SQL and Python, and the ability to learn new programming languages
• Extensive experience in reserving and claims analytics, with experience in general analytics, model development and model implementation
• Self-starter with a willingness to roll up their sleeves and get involved with projects in the larger insurance organization
• Excellent written and verbal communication skills to a wide variety of audiences
• Ability to work in an unstructured environment, with strong first-principles problem-solving and project management skills
• Experience with "big data" and application development preferred

Compensation and Benefits
Benefits

Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:

• Aetna PPO and HSA plans > 2 medical plan options with $0 payroll deduction
• Family-building, fertility, adoption and surrogacy benefits
• Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
• Company Paid (Health Savings Account) HSA Contribution when enrolled in the High Deductible Aetna medical plan with HSA
• Healthcare and Dependent Care Flexible Spending Accounts (FSA)
• 401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
• Company paid Basic Life, AD&D, short-term and long-term disability insurance
• Employee Assistance Program
• Sick and Vacation time (Flex time for salary positions), and Paid Holidays
• Back-up childcare and parenting support resources
• Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
• Weight Loss and Tobacco Cessation Programs
• Tesla Babies program
• Commuter benefits
• Employee discounts and perks program