Tesla CEO Touts Need For "Revolutionary Actuaries"

Tesla has joined the growing list of high-profile companies that recognize actuaries as valuable and creative problem-solvers who are essential to their organizations. CEO Elon Musk told investors on Tesla’s recent July 22 second-quarter earnings conference call that he “would love to have some high energy actuaries” join the company’s newest insurance efforts. "I have great respect for the actuarial profession,” Musk continued. “[Actuaries] are great at math. …We want revolutionary actuaries."

Tesla is just one of many non-insurance organizations seeking the expertise of actuaries in recent years. CAS members are increasingly sought-after for their technical training, business acuity and risk management knowledge at companies such as Uber, Lyft, Hertz, Google, Capital One and Expedia. You can read more about actuaries in nontraditional roles in the Actuarial Review series “The Others,” which describes the career paths and skills of CAS members taking “the road less traveled.”