Job Information
Toyota Actuarial Analyst in Plano, Texas
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To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.
Who we’re looking for:
Toyota’s Data and Analytics group is looking for a motivated and experienced Actuary to join their team. The role’s primary responsibility is the development and deployment of pricing and reserving assessments for the company’s insurance and protection products. This includes regular rate indications, support for state rate filings, and partnering with the product development team on new products. This role is also responsible for reviewing revenue patterns, reserving, audit support. The role is a key partner with the product and accounting teams, ensuring the actuarial function is optimally leveraged and driving value for the business.
What you’ll be doing
Monitor the components of the product price and identify opportunities to take action.
Develop and implement pricing and ratemaking methodologies/models using relevant and appropriate actuarial techniques.
Create analysis and exhibits as needed to support state rate-filings and present recommendations to internal stakeholders.
Generate ad-hoc pricing analyses/simulations as requested by senior management.
Assists in monitoring earning and claim patterns
Ensure model development discipline through consistently maintained documentation, data and model validation, and appropriate approvals.
Work with the accounting teams in the quarterly reserving process according to industry actuarial/accounting standards.
What you bring
Bachelor’s degree in Actuarial Science, Math, Finance, Economics, Statistics or related field
Strong analytical and quantitative skills
Knowledge of insurance underwriting and associated regulations
Strong understanding of actuarial concepts such as ratemaking, reserving, rate filing approval, claims development, trend analysis, credibility analysis
Strong communication and presentation skills
Ability to influence stakeholders, explain concepts to influence audience to drive outcomes, and gain buy-in
Experience with predictive modeling in actuarial science
Added Bonus If You Have
Already credentialed as or near completion of Associate of the Casualty Actuarial Society (ACAS) Pricing and rate filing experience
Experience in warranty products and automotive industry
Checks and Controls experience
What we’ll bring
During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:
A work environment built on teamwork, flexibility, and respect.
Professional growth and development programs to help advance your career, as well as tuition reimbursement.
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family.
Flextime and virtual work options (if applicable).
Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute.
Paid holidays and paid time off.
Referral services related to prenatal services, adoption, childcare, schools, and more.
Flexible spending accounts.
Relocation assistance (if applicable).
Job Posting End Date :
06/21/2024 at 12AM US/Central
Management Level :
15