Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5 million hosts who have welcomed over 2 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.
The Community You Will Join:
The AirCover team is charged with managing and growing the AirCover business inside of Airbnb. We have a responsibility to our community of Hosts and guests to be there when things don’t go exactly as planned with their reservations. We have a lot of work to do in the coming years and we are looking for someone who will help us manage all of the things that need to be done to deliver best-in-class services to our community.
The Difference You Will Make:
The Lead Actuary will play a critical part in shaping the financial strategy and risk framework for AirCover’s global insurance programs. You will work with our captive insurance company, our in-house insurance agencies, and outside partners including brokers & insurance companies on these programs. You will be responsible for actuarial modeling, pricing, reserving, and capital adequacy analyses that support both our self-insured exposures and risk-transfer mechanisms through our insurer partnerships. You will bring technical expertise and strategic insights to executive leadership, underwriters, our captive insurance company, and other key internal stakeholders.
This is a high-impact role requiring strong business acumen, the ability to work across functions, and comfort in a fast-paced, innovative environment.
A Typical Day:
- Partner with internal and external parties to develop, price, and underwrite innovative new insurance and protection products in support of our global guests and hosts
- Manage and support Airbnb's core actuarial processes for pricing, reserving, and overall performance evaluation in support of strategic decision making around risk financing and structure
- Develop insurance pricing to support insurance placement and renewals
- Work closely with cross functional internal stakeholders to build dashboards to evaluate current program performance and recommend areas for improvement
- Work closely with cross functional stakeholders to evaluate optimal product insurance structure and pricing
- Identify emerging risks and effectively measure impact to Airbnb
- Communicate and present findings to insurance management and other internal and external stakeholders
Your Expertise:
- 10+ years of experience as an actuary with demonstrable experience working with novel risk structures
- FCAS required
- BA/BS in Math, Statistics, Economics, Finance or similar field
- Strong command of actuarial tools, statistical methods, data visualization techniques, and financial modeling (R, Python, SQL a plus).
- Comfort working within the non-traditional sharing economy insurance space
- Entrepreneurial self-starter with excellent problem-solving capabilities, judgment, communication and interpersonal skills
- Ability to work cross-functionally and actively collaborate with leaders on product, finance, legal, and data science
- Comfortable in a fast-paced environment, subject to rapid change and uncertainty
- Enthusiasm about Airbnb and aligned with Airbnb's core values.
Your Location:
This position is US - Remote Eligible. The role may include occasional work at an Airbnb office or attendance at offsites, as agreed to with your manager. While the position is Remote Eligible, you must live in a state where Airbnb, Inc. has a registered entity. Click here for the up-to-date list of excluded states. This list is continuously evolving, so please check back with us if the state you live in is on the exclusion list If your position is employed by another Airbnb entity, your recruiter will inform you what states you are eligible to work from.
Our Commitment To Inclusion & Belonging:
Airbnb is committed to working with the broadest talent pool possible. We believe diverse ideas foster innovation and engagement, and allow us to attract creatively-led people, and to develop the best products, services and solutions. All qualified individuals are encouraged to apply.
We strive to also provide a disability inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation in order to submit an application, please contact us at: [email protected]. Please include your full name, the role you’re applying for and the accommodation necessary to assist you with the recruiting process.
We ask that you only reach out to us if you are a candidate whose disability prevents you from being able to complete our online application.
How We'll Take Care of You:
Our job titles may span more than one career level. The actual base pay is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role may also be eligible for bonus, equity, benefits, and Employee Travel Credits.
Top Skills
What We Do
Airbnb is a community based on connection and belonging—a community that was born in 2008 when two hosts welcomed three guests to their San Francisco home, and has since grown to 4 million hosts who have welcomed over 800 million guest arrivals to about 100,000 cities in almost every country and region across the globe. Hosts on Airbnb are everyday people who share their worlds to provide guests with the feeling of connection and being at home. At Airbnb, we believe that hosts, guests and the communities where we operate are all stakeholders we have a responsibility to serve, and that by serving them alongside our employees and investors, we will build an enduringly successful company.
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