About Extend:
Extend is modernizing the $100 billion-per-year protection plan industry using cutting-edge technology and top-notch customer service.
Our technology-forward omnichannel and API-first solution allows any merchant to offer protection plans, both online and in store, while also providing a merchant's end customers with a vastly improved and modern support experience that eliminates many of the issues customers face today with legacy underwriters. More recently, Extend also launched a shipping protection solution, covering consumers in the case of lost, damaged or stolen packages. This is further expanding the company’s addressable market and value creation for merchants.
We are a venture-backed startup in downtown San Francisco led by founders who have previously had multiple successful exits. Extend simplifies the technology stack for the product and shipping protection industries.
About the Role:
This is an actuarial hire to support Extend's Risk, Analytics and Data Science team. You will have the opportunity to bring sophistication and efficiency in risk mitigation and profitability improvement for the organization.
What You Will Be Doing:
- Own premium pricing, frequency estimates, and loss ratio forecasts for our innovative product protection and shipping protection offerings
- Drive analysis, modeling, and monitoring to estimate and recommend actions aimed at enhancing underwriting results for merchants and programs, alongside experienced actuaries internally and externally
- Collaborate with stakeholders across the organization to establish the highest business priorities and opportunities by measuring expected reach and impact for operations focused teams
- Define and execute on analytics-driven enhancements to current and future products
- Streamline reporting and visualization tools to facilitate the management of our risk portfolio
What We’re Looking For:
- A curious, entrepreneurial actuary with plenty of grit, analytical prowess, creative thinking, and initiative
- 5+ years of actuarial pricing or related experience - warranty, large account pricing, or predictive modeling is a plus
- Associate of the Casualty Actuarial Society (ACAS) or equivalent exam experience, working towards FCAS preferred
- Strong knowledge of SQL, structuring data and ability to effectively query multiple tables of different grains with use of subqueries and window functions
- Experience with Python or R, and a BI tool like Tableau or Looker
- Experience with warranty (service contracts) preferred
- Ability to dive deep into data and communicate insights to audiences of all backgrounds, especially to teams with less data & analytics experience
- Ability and interest in thinking beyond the insurance organization, considering the challenges of other teams, and prioritizing what is best for the business holistically, is essential
- Empathy and humility
Estimated Pay Range: $125,000 - $145,000 per year salaried** The target base salary range for this position is listed above. Individual salaries are determined based on a number of factors including, but not limited to, work location and job-related knowledge, skills and experience.
Life at Extend:
- Working with a great team from diverse backgrounds in a collaborative and supportive environment.
- Competitive salary based on experience, with full medical and dental & vision benefits.
- Stock in an early-stage startup growing quickly.
- Very generous, flexible paid time off policy.
- 401(k) with Financial Guidance from Morgan Stanley.
