Actuarial Data Scientist III

Actuarial Data Scientist III

We are seeking an Actuary with a strong passion for risk management, extensive expertise in insurance pricing, and a deep understanding of FinTech products to join our EG InsurTech team. In this role, you will be a pivotal contributor in supporting the growth and development of FinTech and insurance products. Your role will be highly analytical, with a primary focus on leveraging data to enhance our product offerings. You will have the opportunity to influence Expedia's financial outcomes and collaborate with senior leadership and external partners.

What you'll do:

• Play a key role in data-driven product development for FinTech products like cancelation for any reason

• Apply actuarial principles to evaluate and enhance insurance product offerings and pricing strategies

• Conduct valuation of insurance products and assess associated liabilities

• Manage and optimize our reserving fund, collaborating as needed with external actuaries from partner insurance organizations

• Provide actuarial insights and guidance throughout the product life cycle to ensure competitive pricing and efficient claims management

• Design end-to-end actuarial processes to support the development and pricing of scalable InsurTech products with a focus on FinTech

• Ensure compliance with relevant legal and accounting requirements, which may encompass both US and international standards

• Analyze data and build predictive models using tools such as Python and R to support product development

• Collaborate effectively with the broader product team within a coding environment while adhering to model development and maintenance best practices

Who you are:

• A bachelor's degree in a STEM field or equivalent experience

• A strong understanding of actuarial principles with an Associate or Fellow Actuary designation (FIA, FCAS, FSA, AIA, ACAS, ASA)

• Minimum of 4 years of experience in actuarial or analytical roles

• Proficiency in analyzing traditional insurance and non-traditional data sets using SQL

• Experience in conducting analyses in Excel and programming languages such as R and Python

• Experience in building and deploying statistical machine-learning models, such as linear regression, logistic regression, GLM, GAM, etc

• Proven experience in effectively communicating and collaborating with cross-functional teams

• Preferred: An advanced degree in actuarial science, mathematics, statistics, or related fields, along with 5+ years of directly relevant actuarial experience

• Preferred: A strong background in the insurance industry, ideally with experience in FinTech insurance products