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 Extend:
Extend is modernizing the $100 billion-per-year extended warranty and protection plan industry using cutting-edge technology, and top-notch customer service. After a $260M Series C financing round, we are ready to continue to scale our organization and grow beyond our $1.6B valuation.
Our API-first solution allows any merchant to offer extended warranties and protection plans, both online and offline, 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.
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 extended warranty and shipping protection industries.
About the Role:
You will be part of Extend's Risk Analytics team with ownership of actuarial pricing, risk monitoring, and management of the loss ratio. You will have the opportunity to help scale the organization.
What You'll Be Doing:
- Guide premium pricing strategy across the organization through rating plans, predictive modeling, and underwriting rules.
- Partner with the Programs and Pricing teams to develop appropriate premiums for new coverages and product categories.
- Collaborate with cross-functional teams to maintain a healthy loss ratio through premium changes, underwriting process and claims initiatives.
- Take ownership of data architecture for Risk Analytics. Work closely with Data Engineering to make optimal use of available tools (DBT, Snowflake, JIRA, Github, etc).
- Lead monitoring of underwriting results through development and presentation of analytics and business intelligence tools.
- Provide full visibility of loss ratio monitoring to senior leadership.
- Support measurement of unit economics to feed strong business decisions.
What We're Looking For:
- A curious, entrepreneurial actuary with plenty of grit, analytical prowess, creative thinking, and initiative
- Associate of the Casualty Actuarial Society (ACAS)
- Bachelor's degree from a relevant major, Master's degree is a plus
- 5+ years of work experience as an actuary working with Property & Casualty lines, 2+ years experience in pricing (warranty experience a plus)
- Ability to communicate/present across the organization, especially to teams with less data & analytics experience
- Expertise with SQL and Python (or R)
- Empathy and humility
Estimated Pay Range: $120,000 - $140,000 per year salaried*
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.
- Generous, flexible vacation policy
- 401(k) with Financial Guidance from Morgan Stanley.
- The pay range for this position is listed above; however, the base pay offered may vary depending on job-related knowledge, skills, and experience. Incentive compensation may also be included in this role as approved by management, in addition to a full range of medical, financial, and/or other benefits, depending on the position offered. This information is provided per the Colorado Equal Pay Act. Base pay information is based on market data.
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.
- Remote-Friendly