Details
Posted: 20-Apr-22
Location: Nationwide
Type: Full Time
Preferred Education: FCAS
We are expanding our Global Risk Management & Claims team and insurance program support for Amazon’s growing risk portfolio, including both corporate and third party (3P) programs. This role will partner with our risk managers to develop pricing models, determine rate adequacy, build underwriting and claims dashboards, estimate reserves, and provide other analytical support for financially prudent decision making. As a senior member of the Global Risk Management team, this role will provide actuarial support for last mile delivery operations, middle mile delivery operations, seller programs, and others.
Essential Job Duties and Responsibilities
? Develop pricing mechanisms for new and existing insurance programs utilizing actuarial skills and training in innovative ways
? Build actuarial forecasts and analyses for businesses under rapid growth, including trend studies, loss distribution analysis, ILF development, and industry benchmarks
? Design actual vs expected and other metrics dashboards to assist decision makings in pricing analysis
? Create processes to monitor loss cost and trends
? Collaborate with risk management and claims team to identify insurance gaps, propose solutions, and measure impacts insurance brings to the business
? Assist with filing processes of rate revision resulting from pricing indication analysis
? Propose and implement loss prevention initiatives with impact on insurance pricing in mind
? Advise underwriting decisions with analysis on driver risk profile
? Support insurance cost budgeting activities
? Conduct other ad hoc pricing analyses and risk modeling as needed
Preferred location for this position is Arlington, VA but location flexibility to other corporate Amazon offices can be considered dependent on candidate experience and proximity to key stakeholders.
BASIC QUALIFICATIONS
? ACAS/FCAS with 5+ years of property and casualty insurance experience
? BA/BS in Actuarial Science, Math, Statistics, Economics, or other related quantitative discipline
PREFERRED QUALIFICATIONS
? Prior Experience in a variety of personal and commercial lines of business
? Prior experience in non-traditional actuarial roles (e.g. ridesharing, insurTech) and/or a range of traditional roles (e.g. pricing, reserving, modeling, ERM)
? Strong knowledge on pricing domestic and international large insurance accounts and crowd-sourced logistics and delivery operations
? Experience developing actuarial analyses for third party insurance programs, including usage-based insurance
? Comfortable leading complex projects and solving open-ended business problems with innovation
? Experience designing and implementing experiments
? Experience building new and unique insurance products
? Excellent at explaining actuarial concepts to non-insurance stakeholders
? Balance attention to detail with swift execution
? Excellent Excel skills, comfortable with big data manipulation, and proficient with SQL
? Proficiency in at least one statistical and scripting language such as R or Python
? Prior experience with cloud-based analytics tools