But becoming an FCAS is a monumental milestone, both as a career and personal accomplishment. That's why Root wants to make it a little easier to reach.
Leave your job. Study for your final exam with a $15,000 stipend from us. Then, come work for Root as a full-time actuary. We're looking to develop top talent to help us shape not only the future of auto insurance, but the future of what it means to be an actuary.
How the program works:
Apply for the program. We're looking for applicants within 1 exam of their FCAS.
Interview (and accept a job) with Root. Let's make sure we're a good fit for each other.
Study for your exams (while we pay your bills). We provide a $15,000 stipend so your focus is studying, not working.
Take your exam. We'll also cover your exam fees if you pass.
Come work for us. No matter the outcome, you'll join Root's actuary team.
Within 1 exam of FCAS designation
5 years of P&C actuarial insurance experience
3 years of pricing insurance experience
Demonstrable expert in Statistics/Applied Mathematics
Demonstrable experience in constructing pricing models from scratch
Intermediate experience in SQL/PostgreSQL or other database software packages
Experience with modeling in R, Python or other modeling software packages
About Root Insurance Company
Root was founded on the belief that insurance is a broken industry, and we set out to change it. By getting to the “root” of the issue—the unfair, archaic, complicated insurance business model—and solving it entirely, we set out to transform the car insurance world. As an actuary, this should be the time of your life. New data everywhere, new analytical approaches, and the massive computational power to finally put the two together. At Root, we are using data and analytics to change the way the insurance industry works.