Senior Manager, Corporate Actuarial

CURRENT ROOT EMPLOYEES - Please apply using the career page in Workday. This career site is for external applicants only.

 

The Opportunity

We are seeking a technically strong, hands-on Senior Manager to join our Corporate Actuarial team. The Senior Manager will provide significant support in capital modeling, enterprise risk management (ERM), reserving, and reinsurance activities. The ideal candidate is an ACAS or recent FCAS with strong programming skills and a collaborative mindset, who thrives in a dynamic, high-impact environment.

Root is a “work where it works best” company. Meaning we will support you working in whatever location that works best for you across the US. 

How You Will Make an Impact

Capital Modeling & Enterprise Risk Management

• Support the development, enhancement, and use of internal capital models to inform risk appetite, reinsurance decisions, and financial strategy.

• Contribute to stress testing, ORSA scenario development, and economic capital modeling efforts.

• Help implement and refine ERM frameworks, risk registers, and related processes across the organization.

Reserving

• Partner with the Corporate Actuarial team to conduct monthly reserving analyses and processes.

• Analyze trends, variances, and reserve adequacy across multiple lines of business and coverages.

• Assist with regulatory filings and support the appointed actuary as needed.

Reinsurance

• Conduct analysis to support the evaluation and placement of reinsurance structures, including but not necessarily limited to quota share, excess of loss (XOL), and catastrophe (CAT) arrangements.

• Collaborate with brokers and internal teams to assess the financial impact and capital benefits of various reinsurance options.

• Model the impact of reinsurance structures on earnings volatility, surplus preservation, and RBC.

Collaboration & Communication

• Work closely with cross-functional partners in Data Science, Finance, Accounting, Underwriting, and Claims to align assumptions, methodologies, and strategic objectives.

• Present technical findings clearly and effectively to both technical and non-technical audiences.

• Contribute to process automation, analytics, and actuarial tool development (including work in R, Python, SQL, and internal platforms).

Leadership & Projects

• Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws - responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. 

• Other duties and project work as deemed necessary

What You Need to Succeed

• Bachelor's degree in actuarial science, mathematics, statistics, or another field with a rigorous mathematics background preferred

• ACAS or FCAS

• 6+ years of actuarial experience in the P&C insurance space, preferably with exposure to capital modeling, ERM, reserving, and/or reinsurance.

• Proficiency in R, Python, and SQL.

• Familiarity with capital modeling tools; experience with custom modeling is a plus.

• Experience collaborating across functional areas and communicating actuarial insights effectively.

• A self-starter mindset with strong analytical skills and attention to detail.

• Willingness to mentor junior team members and manage direct reports as needed.

• Occasional travel may be required for team meetings, broker discussions, or industry events

As part of Root's interview process, we kindly ask that all candidates be on camera for virtual interviews.

This helps us create a more personal and engaging experience for both you and our interviewers.

Being on camera is a standard requirement for our process and part of how we assess fit and communication style, so we do require it to move forward with any applicant's candidacy.

If you have any concerns, feel free to let us know once you are contacted. We’re happy to talk it through.

 

Don’t meet every single requirement?

Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Root, Inc., we are dedicated to building a diverse and inclusive workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway!

Join us

At Root, we judge people based on the merit of their work, not who they are. If you are passionate about what this role entails and solving real problems, we encourage you to apply. We want to learn about you and what you can add to our team.

Who we are

We’re harnessing the power of technology to revolutionize insurance. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative FinTech companies in the world. And we’re just getting started.

What draws people to Root

Our success is in large part due to our unwavering standards in hiring. We recognize that our products are only as good as the people building and promoting them. We want individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and an analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy—for assertive self-starters, the opportunities to contribute are limitless.

Impact—by challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration—we encourage rich discussion and civil debate at every turn.

People—we are inspired by the collection of crazy-smart people around us.