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Actuarial Intern (2022)

Lyft, San Francisco, CA

Lyft is your friend with a car, whenever you need one

Duration: Internship


At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.

At Lyft, actuaries are more than risk modelers, they are trusted business advisors, with a key voice in our most important decisions. We partner with many groups across the organization to work on core products. Get ready to deploy your actuarial skills in innovative ways and team up with Engineering, Data Science, Operations, Finance, and Legal to solve complex pricing challenges. Our insurance solutions are evolving and the team is growing, and we are looking for Actuarial Interns to join our team for the Summer of 2022. We can’t wait to meet you!

Responsibilities:

  • Compile, cleanse, and summarize data from massive datasets in preparation for actuarial studies using scripting languages such as SQL, Python, and R
  • Prepare reporting dashboards using SQL and investigate trends. Escalate findings to management and have a direct impact on the business.
  • Apply actuarial skills and training in innovative ways to help price and reserve for Lyft’s usage-based insurance program
  • Support modeling efforts to segment insurance costs at a granular level
  • Build presentation skills by helping draft decks and communicate actuarial findings to key business partners 

Experience:

  • Currently pursuing a degree in an actuarial/math/statistics (Bachelor’s or Master’s) program and must be returning to school after their internship
  • Must graduate between December 2022 and June 2024 to be eligible for this internship
  • Familiarity with basic probability and financial mathematics concepts
  • Familiarity working with Excel
  • Extraordinary organizational skills and meticulous eye for detail
  • Ability to work independently and work cross-functionally in collaboration with others
  • Excellent written & verbal communication skills
  • Strong passion for Lyft and its platform, and in the transportation industry in general
  • Past experience in a leadership role (e.g. sports, clubs, student government, etc.)
  • Proficiency in communications and analytical tools (e.g. Google Sheets, Microsoft Excel, etc.)
  • Nice to Have: Familiarity with SQL, Python, or R
  • Nice to Have: Passed some preliminary exams (i.e. Exams P and FM)

Benefits:

  • Great medical, dental, and vision insurance options
  • Mental health benefits
  • In addition to holidays, interns receive 1 day paid time off and 3 days sick time off
  • 401(k) plan to help save for your future
  • Pre-tax commuter benefits
  • Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program

Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment  without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law. 

Until further notice, Lyft employees working in the United States in any capacity (on a daily or hybrid schedule or as a visitor) are required to provide proof of full vaccination against COVID-19. Employees are considered fully vaccinated two weeks after completion of the entire recommended series of vaccination (usually one or two doses) with a vaccine authorized to prevent COVID-19 by the federal Food and Drug Administration (FDA), including by way of an emergency use authorization. Lyft will maintain records associated with your vaccination history in a way that is compliant with all relevant Federal, state and local laws. Exceptions to this requirement are employees who require religious or medical exemption as approved through Lyft's accommodations process.

About Lyft

Wherever you’re headed, count on Lyft for rides in minutes. The Lyft app matches you with local drivers at the tap of a button. Just request and go.

Ride by ride, we’re changing the way our world works.

Want to learn more about Lyft? Visit Lyft's website.