Actuarial Director, Actuarial Pricing & Research

  • Caret Holdings, Inc.
  • Columbus, Ohio
  • Full Time
CURRENT ROOT EMPLOYEES - Please apply using the career page in Workday. This career site is for external applicants only. 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. The Opportunity We believe that a disruptive insurance company must have a principled quantitative framework at its foundation. At Root, we are committed to the rigorous development and effective deployment of modern statistical machine learning methods to problems in the insurance industry. The Actuarial Director will lead the Actuarial Pricing & Research team, which is responsible for rate and product filings, trend and indication, and pricing innovation. This leader will play a pivotal role in building scalable and automated frameworks, driving strategic initiatives such as national expansion, and establishing and maintaining strong working relationships with DOIs. You'll manage an organization of actuaries and partner closely with Product, Data Science, State Management, Legal, and Engineering. You'll also represent actuarial pricing & research in executive discussions and be the primary owner of Root's filing machine. 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. We will continue to have our headquarters in Columbus to give more flexibility and more choice about how we live and work. Salary Range: $204,120 - $249,480 (Bonus and LTI Eligible) How You Will Make an Impact Lead and scale Root's actuarial pricing function, currently consisting of 10+ FTEs across pricing actuaries, data scientists, and managers Own the strategy and execution of all pricing filings, including base rates, segmentation, UBI, and product enhancements across 35+ jurisdictions Guide national expansion pricing efforts, overseeing filings for 7+ new states in the next 12 months Advance Root's filing/launch infrastructure (the filing machine) and develop and maintain cross-functional KPIs with State Management Oversee and grow the actuarial research function, ensuring innovation in areas like trend modeling and building out actuarial assumptions underlying the indication and company-wide analysis (such as seasonality) Mentor and develop a high-performing team, with a focus on technical excellence, project ownership, actuarial exam progress and regulatory fluency Represent pricing strategy in executive settings, providing insight and recommendations rooted in actuarial soundness and business context Collaborate cross-functionally with partner organizations, especially Data Science, Product, State Management, Legal and Insurance Regulatory What You Will Need to Succeed FCAS credential and at least 10+ years of progressive actuarial experience, with strong focus in personal lines pricing and regulatory filings 3+ years of successful management experience, including coaching, performance reviews, and hiring Demonstrated experience in building tools/processes to scale filings or pricing automation Demonstrated ability to set strategic direction for a high-visibility function Expertise in filing strategy and regulatory negotiation; experience navigating complex objections and high-volume filings is critical Strong working knowledge of rating plan design, predictive modeling integration, and insurance market dynamics Adept in project management, team structuring, and capacity planning Effective communicator, capable of translating complex actuarial topics for non-technical audiences Comfort with modern actuarial and analytical tools (SQL, R/Python, Excel), and experience partnering with Engineering teams Preferred but not required: Experience with state and/or product expansion 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: Autonomyfor assertive self-starters, the opportunities to contribute are limitless. Impactby challenging the way it's always been done, we solve problems that have a big impact on our business. Collaborationwe encourage rich discussion and civil debate at every turn. Peoplewe are inspired by the collection of crazy-smart people around us. At Root, we're pushing for bold progress and change across the insurance industry and beyond. We're harnessing data and technology to bring fairness and ease to customers through our products, partnerships, and our ongoing efforts to make the roads fairer and safer for everyone. We believe in supporting our team members where they thrive, and we provide the technology and resources that they need to do their best work, whenever they are. That's our work and our Root life.
Job ID: 486687713
Originally Posted on: 7/24/2025

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