Why General Motors Insurance? 

At General Motors Insurance, we are building an Insurtech business that will reinvent auto insurance. We are fully owned and backed by auto industry leaders General Motors and GM Financial.

This is a truly unique opportunity to join at the foundational stage of a start-up leading the transformation of the auto insurance experience.

GM has the largest connected vehicle fleet worldwide. In the US alone, there are currently 9M+ connected GM vehicles on the road and that number is projected to triple in the next 10 years. More than that, the OnStar system currently has access to over 900 data points from the vehicle. This surge in information about vehicles and how they are driven will revolutionize auto insurance. This disruption is backed by the bold GM vision of zero crashes, zero emissions and zero congestion. We are serious about the safety and financial security of our customers.

This position will be posted until filled.


The Actuarial Analyst II performs analyses and tasks needed to generate and support adequate insurance products rates as well as support reserve estimation performed by our reserving partners (work that will ultimately be undertaken in-house). This individual will support rate development, rate filing development and rate testing for state launches and active states.   The Actuarial Analyst II will help develop and support data management and analytical tooling that enables actuarial analyses. Prior personal lines ratemaking experience is a big plus. We require the candidate to have at least three actuarial exams in pursuit of the Casualty Actuarial Society associateship or fellowship credential and we will provide support for pursuing the credential.

About the role

Apply actuarial ratemaking methods following defined procedures with limited oversight Manipulate, transform, calculate, and visualize data using a variety of tools and functionsUse the results of predictive models to inform decisions and make recommendations Identify and evaluate trends in business metrics and how they may impact ratemaking and reserving Develop rate filing support as neededParticipate in rate validation testing and ensure rating engine is working as intendedSupport data management to ensure the appropriate data and data aggregation techniques are available to perform ratemaking and reserving analysesSupport the design and use of standard actuarial analyses such as rate level indications, rate change impact analysis, and reserve development 

Experience

Bachelor’s Degree in Mathematics, Actuarial Science, Data Science, Statistics, Computer Science, or other quantitative field1-3 years work of experience with actuarial ratemaking and reserving, statistics, data science, or related quantitative experience (strong preference for personal lines insurance experience) required

Licenses

Actively pursuing actuarial credential (Casualty Actuarial Society strongly preferred) with a least 3 exams passedWe offer an Actuarial Career Support Program for eligible employees 

 

What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.

Our Culture: Our team members define and shape our culture — an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.

Compensation: Competitive pay and bonus eligibility

Work Life Balance: 100% remote
 #gmfjobs #LI-CH1 #remote

 

The base salary for this role is $87,000 to $165,500.

At GM Financial, we strive for transparency and in all aspects of our business, including pay equity. This is the GM Financial pay range for this role and job level. The exact salary and compensation will vary based on factors like knowledge, skills, experience and education.

This role is eligible to participate in a performance-based incentive plan. Full time employees are eligible to participate in health benefits on day one of employment. 

What makes you a dream candidate?

Knowledge of personal lines insurance products and pricing analysis (auto experience preferred)Experience with pricing new states and/or new products is a plusWorking knowledge of data management, and the ability to communicate data management requirements, that supports pricing and reserving analysesProficient with Microsoft Office Suite as well as database creation and manipulation programs (eg, SQL) and business intelligence softwareAbility to retrieve and analyze data to support pricing decisions (experience with DataBricks is a plus)Experience with InsurQuote and/or WTW Radar Base as well as with programming languages such as R or Python are a plusEffective communication (verbal and written), cross-collaboration and team skills and the ability to work effectively in a team environment as well as adaptability to rapidly changing business and technological needs, with frequently changing prioritiesAbility to meet expected delivery dates and the tasks necessary to achieve objectivesAbility to manage multiple projects simultaneously and have strong organizational skills to prioritize work appropriatelyAbility to meet documentation standards and demonstrates integrity while successfully managing work demands