Full-Time

Managing Actuary

US Pricing

Posted on 7/24/2024

Uber

Uber

10,001+ employees

Global platform for ride-hailing and logistics

Automotive & Transportation
Consumer Software

Compensation Overview

$160k - $197.5kAnnually

+ Bonus Program + Equity Awards

Senior

Company Historically Provides H1B Sponsorship

Seattle, WA, USA + 2 more

More locations: San Francisco, CA, USA | New York, NY, USA

Employees are expected to spend at least half of their work time in their assigned office unless formally approved to work fully remotely.

Category
Insurance
Finance & Banking
Required Skills
Python
Data Science
R
SQL
Requirements
  • Minimum 6 years of Property and Casualty (P&C) experience
  • ACAS designation with the Casualty Actuarial Society
  • Experience with commercial or personal auto insurance
  • Excel skills, proficient with SQL (or similar querying language)
  • BA/BS in Math, Statistics, Economics, or similar
  • FCAS designation
  • Experience in a pricing/rate making role
  • People management experience
  • Experience with R, Python or similar coding languages
  • Great communication and organization skills, ability to multitask and be a team player
  • Balance attention to detail with swift and practical execution
  • Enthusiasm about Uber!
Responsibilities
  • Deploy traditional actuarial techniques in new and innovative ways to support Uber’s Commercial Auto insurance and other coverages through estimating prospective loss costs and the financial impact of domestic coverage.
  • Work closely with a cross functional team of data scientists, risk managers, legal, finance stakeholders to support the renewal of Uber’s blanket auto insurance program, through rate negotiation, rate segmentation, quote evaluation, deal structuring and impact measurement.
  • Manage two to three actuarial analysts and support their growth and development.
  • Assist actuarial management in leading the quarterly pricing review, annual budget and reforecast process.
  • Perform ad hoc actuarial analysis to evaluate the impact of legislative changes, new products or changes to the platform.
  • Communicate/present analysis findings to actuarial management and other internal stakeholders, including claims, accounting, and insurance leaders.

Uber connects people and goods through its global platform, offering services in ride-hailing and logistics. Users can request rides or deliveries via the app, which matches them with drivers or delivery personnel. The company operates on a commission-based model, earning revenue from ride fares, delivery fees, and service charges. What sets Uber apart from its competitors is its extensive range of services, including freight deliveries and the transportation of essential goods, alongside its commitment to safety through driver background checks and real-time verification. The goal of Uber is to continuously expand its offerings while providing flexible earning opportunities for drivers and ensuring a reliable service for users.

Company Stage

IPO

Total Funding

$15.4B

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

11%

1 year growth

20%

2 year growth

38%
Simplify Jobs

Simplify's Take

What believers are saying

  • Uber's partnership with Toast expands its delivery network and reduces costs for restaurants.
  • The launch of Courier Bakkie in South Africa taps into the growing e-commerce market.
  • Investment in Pony.ai positions Uber for future advancements in autonomous driving technology.

What critics are saying

  • FTC investigation into subscription policies may lead to regulatory penalties for Uber.
  • Proposed NYC insurance requirements could increase costs and reduce driver availability.
  • Geopolitical risks from Pony.ai's China-based operations may impact Uber's autonomous plans.

What makes Uber unique

  • Uber offers a diverse range of services beyond traditional ride-hailing.
  • The company has a strong global presence, operating in multiple countries.
  • Uber's commitment to safety includes driver background checks and real-time verification.

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