OverviewWho we areCollaborative. 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. We're looking for talented team members who want to Dream. Do. Grow. with us.
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.
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. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future.
Who We're Looking ForToyota's Data Science group is seeking a highly motivated and experienced actuary to join the team as an individual contributor, with responsibilities and scope aligned to the candidate's experience, knowledge, interview performance, and unique skill set. This role will be responsible for developing and implementing pricing and reserving analyses for Toyota's insurance and protection products. As these products represent a strategic growth area for Toyota, the actuarial function will play a critical role in supporting continued expansion.
The Primary responsibilities include independently partnering with product teams to lead pricing strategy for back-end vehicle purchase and lease products, including Vehicle Maintenance Plans, Key Replacement, and GAP coverage. The role will own monitoring and analysis of key pricing components, including claims and operating expenses, identify and recommend opportunities to refine pricing strategies, and lead related updates, including state rate filings as needed. In addition, the role will lead claim reserving and loss estimate development, while partnering with accounting teams to ensure appropriate risk recognition in accordance with applicable actuarial and accounting standards.
What You'll Be Doing - 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.
What You Bring - Master's degree in Actuarial Science, Math, Finance, Economics, Computer Science, Engineering, Data Science, Mathematics, or a related technical field, or equivalent practical experience
- Actuarial modeling and production analytics 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, and 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
Added Bonus If You Have - 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
- Experience developing analytical solutions with Python
What We'll BringDuring your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:
- A work environment built on teamwork, flexibility, and respect
- Professional growth and development programs to help advance your career, as well as 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, as well as an annual retirement contribution from Toyota regardless of whether you contribute (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)
Belonging at ToyotaOur success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star.
Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.
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