Actuarial Manager

GM Financial; United States; Remote; USD 115,000 - 213,000; Full time

Benefits offered by this job

401K matching

tuition assistance

GM employee auto discount

community service pay

nine company holidays

health benefits on day one

Job summary

GM Financial Protections is seeking an Actuarial Manager to lead the development of pricing, reserves, and risk models for its captive platform. You will work with finance, engineering, and IT to deliver insights and innovative actuarial solutions.

The role emphasizes leadership, data-driven decision making, and collaboration across departments in a fully remote setting.

Qualifications

• Mastery of actuarial principles for ratemaking and reserving.
• Experience applying advanced analytics to business problems.
• Proficiency with R or Python for analytics and modeling.

Responsibilities

• Develop and implement analytical solutions to solve business needs.
• Query, transform, and analyze large datasets using SQL, Python, or R.
• Design and validate predictive and prescriptive models.
• Communicate insights to cross-functional teams.

Skills

Actuarial principles

R and Python analysis

Data visualization

SQL data querying

Statistical modeling

Communication

Leadership

Collaboration

Presentations

Education

Bachelor’s Degree in Mathematics/Actuarial Science/Data Science/Statistics/CS

Tools

ResQ

Arius

Job description

Why GM Financial Protections?

GM Financial is targeting significant growth as it transforms the Protection/Insurance Products into a full captive platform. Our team is responsible for bringing the branded General Motors F&I products to market and we work hands on with our dealer partners to improve performance in their F&I department.

At GM Financial, our team members define and shape our culture - an environment that welcomes new ideas, fosters integrity and creates a sense of community and belonging. Here we do more than work - we thrive.

Our Purpose: We pioneer the innovations that move and connect people to what matters.

Job Description

Why GM Financial Protections?

GM Financial is targeting significant growth as it transforms the Protection/Insurance Products into a full captive platform. Our team is responsible for bringing the branded General Motors F&I products to market and we work hands on with our dealer partners to improve performance in their F&I department.

Responsibilities

GM Financial is targeting significant growth as it transforms the Protection/Insurance Products into a full captive platform. Our team is responsible for bringing the branded General Motors F&I products to market and we work hands on with our dealer partners to improve performance in their F&I department.

About the role

GM Financial is targeting significant growth as it transforms the Protection/Insurance Products into a full captive platform. Our team is responsible for bringing the branded General Motors F&I products to market and we work hands on with our dealer partners to improve performance in their F&I department. In order to provide the most competitive products and business insights, we are building out our actuarial team. Do you enjoy being innovative and solving problems? We are looking for an Actuarial Manager to join the team. Actuaries combine statistics/mathematics, financial theory, industry and business insight to manage risk and model the financial impact of uncertain future events based on their likelihood. They develop insurance pricing, estimate reserves, and forecast trends. Actuaries investigate and transform data to derive actionable insights and inform actuarial models. They understand the nature of and put a value on risk.

In This Role You Will

• Employ advanced methods to query, calculate, transform, and manipulate large complex data using SQL, Python, R, or similar
• Pursue problem identification and impact across large data sets, leveraging data mining, predictive modeling, simulation, and visualization techniques to further enhance insight and internal performance optimization
• Develop and build analytical solutions to solve hypothetical business needs through application of appropriate models and methods
• Perform EDA (Exploratory Data Analysis) to verify adequacy of data for task and perform reasonability checks
• Design, develop, and validate predictive and prescriptive solutions with minimal guidance to inform decisions and make recommendations
• Perform advanced ad-hoc assignments with minimal guidance, taking reasonable measures to ensure accuracy, appropriateness, and completeness
• Work with various functions, including finance, accounting, engineering, platform teams, R&D, IT, and others as required
• Effectively coach, mentor, and lead team members in the research, development, implementation, and application of new and innovative actuarial models and methods to solve business problems of large scope and high complexity

Qualifications

• Mastery of actuarial principals for ratemaking, reserving, and other actuarial analyses with experience applying to ad-hoc and hypothetical business problems
• Strong experience developing analytical solutions using R, Python or similar tools, such as reserving software
• Mastery of data visualization techniques using both code-based and GUI-based modern data visualization tools
• Experience with querying, combining, and transforming big and complex data through SQL, Python, R or similar tools
• Experience applying multiple advanced methods of probability and statistics, statistical modeling, data mining, machine learning, or deep learning techniques to solve business problems
• High level organizational and project management skills in order to handle assignments in a timely manner and to monitor processes throughout a team or department
• Strong decision-making and critical thinking skills
• Strong oral and written communication, including active listening skills
• Ability to make effective presentations and recommendations across departments and leadership
• Effective collaboration and influencing of multi-disciplinary groups to promote and achieve business outcomes
• Working knowledge of reserving software such as ResQ, Arius, etc.

Education And Experience

• Bachelor’s Degree in Mathematics, Actuarial Science, Data Science, Statistics, Computer Science, or other quantitative field required
• 6-8 years of experience with actuarial ratemaking and reserving, statistics, data science, and/or related quantitative experience required
• 2+ years of experience in leadership capacity required

What We Offer

• Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.

Our Culture

Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.

Compensation

• Competitive pay and bonus eligibility.

Work Life Balance

• 100% remote

NOTE

We are unable to consider candidates who require visa sponsorship for this position

The base range for this role is $115,000-$213,000

At GM Financial, we strive for transparency in all aspects of our business, including pay equity. This is the GM Financial pay range for this role and job level. The exact salary and compensation will vary based on factors like knowledge, skills, experience, and education.

This role is eligible to participate in a performance-based incentive plan. Full-time employees are eligible to participate in health benefits on day one of employment.

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