Senior, Actuary Analyst

Company Overview

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high‑quality solutions designed to enhance lives and delight those we serve. An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world‑changing company—delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best‑in‑class customer experience in an innovative, collaborative environment.

Eligibility

Toyota does not offer support or sponsorship of job applicants for employment‑based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration‑related employment (e.g., H‑1B, O‑1, E‑3, H‑1B1, TN, F‑1 OPT, F‑1 STEM OPT, F‑1 CPT, “job flexibility benefits” [also known as I‑140 or Adjustment of Status portability], etc.) now or in the future. Do not apply if you will require Toyota to assist with immigration support or sponsorship.

About the Role

Toyota’s Data Science group is seeking a highly motivated and experienced actuary to join the team as an individual contributor. The role will develop and implement pricing and reserving analyses for Toyota’s insurance and protection products, which are a strategic growth area. The actuary will partner with product teams to lead pricing strategy for back‑end vehicle purchase and lease products (Vehicle Maintenance Plans, Key Replacement, GAP coverage), own monitoring and analysis of key pricing components, and lead related updates, including state rate filings. The role also leads claim reserving and loss estimate development while partnering with accounting teams to ensure appropriate risk recognition in accordance with actuarial and accounting standards.

Responsibilities

• Provide actuarial expertise in the development, review, and implementation of program pricing and filed premium rates.
• Build, test, and refine predictive models and analytical frameworks that improve forecasting accuracy and business insights.
• Analyze large and complex datasets to support pricing and performance decisions across product lines.
• Partner with cross‑functional teams to identify trends, monitor earnings patterns by product segment, and translate data into actionable recommendations.
• Communicate findings clearly to technical and non‑technical stakeholders through concise analysis, visualizations, and recommendations.
• Own the quarterly development and delivery of unpaid claims estimates, ensuring soundness, accuracy, and compliance with applicable accounting standards.
• Monitor earnings patterns by product segment and identify trends, emerging risks, and opportunities for further analysis.
• Collaborate effectively with cross‑functional partners across departments to support timely decision‑making and business objectives.

Requirements

• Master’s degree in Actuarial Science, Math, Finance, Economics, Computer Science, Engineering, Data Science, Mathematics, or a related technical field, or equivalent practical experience.
• 5+ years of hands‑on experience developing pricing, reserving, forecasting, or loss analysis solutions using Python and SQL, with direct contribution to supporting or implementing actuarial models, rate indications, claims estimates, or decision‑support tools.
• Strong familiarity with version control, model documentation, validation/testing, and peer review practices, as well as core statistical and data analysis methods.
• Strong analytical and quantitative skills, with the ability to apply sound judgment to complex business and actuarial problems.
• Excellent communication, presentation, and stakeholder management skills, including the ability to influence and adapt to change in a collaborative environment.
• Experience with predictive modeling and analytical methods.

Preferred Qualifications

• Associate of the Casualty Actuarial Society (ACAS) or equivalent certification.
• Demonstrated experience supporting pricing analyses, rate indications, and state rate filing activities.
• Experience performing reserving analyses, including unpaid claim estimates and related actuarial review.
• Experience conducting pricing reviews and evaluating profitability, trend, and loss performance by product or segment.
• Exposure to warranty, vehicle service contract, or similar insurance/protection products.
• Experience with checks and controls, model governance, or actuarial controls processes.
• Experience developing analytical solutions using Python to support actuarial modeling, reporting, or automation.

Benefits

• Work environment built on teamwork, flexibility, and respect.
• Professional growth and development programs, including tuition reimbursement.
• Team Member Vehicle Purchase Discount.
• Toyota Team Member Lease Vehicle Program (if applicable).
• Comprehensive health care and wellness plans for your entire family.
• Toyota 401(k) Savings Plan featuring a company match and an annual retirement contribution from Toyota regardless of employee contribution (if applicable).
• Paid holidays and paid time off.
• Referral services related to prenatal services, adoption, childcare, schools and more.
• Tax‑advantaged accounts (Health Savings Account, Health Care FSA, Dependent Care FSA).