Senior Actuarial Analyst, Reserving at Lyft
Toronto, ON, Canada -
Full Time


Start Date

Immediate

Expiry Date

12 Oct, 25

Salary

108000.0

Posted On

13 Jul, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Python, R, Career Development, Designation, Communication Skills, Flexible Scheduling, Automation, Actuarial Science, Auto Insurance, Continuing Education, Sql, Economics, Statistics, Modeling, Data Manipulation

Industry

Financial Services

Description

At Lyft, our purpose is to serve and connect. We aim to achieve this by cultivating a work environment where all team members belong and have the opportunity to thrive.
At Lyft, actuaries are more than risk modelers, they are trusted business advisors, with a key voice in our most important decisions. We partner with many groups across the organization to work on core products. Get ready to deploy your actuarial skills in innovative ways and team up with Engineering, Data Science, Operations, Finance, and Legal to solve complex pricing challenges. Our insurance solutions are evolving and the team is growing. We can’t wait to meet you!

EXPERIENCE:

  • Bachelor’s degree in Actuarial Science, Math, Statistics, Economics, or related field.
  • Near ACAS or ACAS designation, with flexible scheduling during exam preparation and support for FCAS continuing education. We want to be part of your career development!
  • 3-5 years in P&C actuarial roles, focusing on reserving, pricing, or modeling.
  • Experience in personal or commercial auto insurance is required, with a strong understanding of industry-specific challenges and opportunities
  • Proficiency in SQL for data manipulation and analysis
  • Experience in programming, particularly with visualization libraries in Python or R
  • Advanced Excel skills, with an interest in coding and automation is preferred
  • Strong communication skills for explaining complex concepts.
  • Excellent organizational and time management abilities.
  • Passionate about actuarial science and eager to learn and grow.
  • Innovative, with a history of creative problem-solving.
Responsibilities
  • Conduct reserve studies on various segments, present findings to management/senior leaders, and collaborate with team members to produce the quarterly reserve memo.
  • Maintain documentation of key assumptions and methods for risk control.
  • Develop tools and dashboards for loss analysis and trend identification.
  • Provide innovative solutions to enhance performance metrics and modernize reserving tools.
  • Refine reserving methodologies for improved accuracy using diverse techniques.
  • Provide actuarial inputs for accurate and timely financial reporting.
  • Collaborate with cross-functional teams to complete projects efficiently.
  • Take ownership of tasks, delivering insightful and actionable analysis that supports business objectives
  • Coach and mentor team members to facilitate their development and foster an environment of innovation and collaboration
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