Actuary

closed
Lemonade Logo

Lemonade

πŸ’΅ $135k-$155k
πŸ“Remote - Worldwide

Summary

Join our team as an Actuary and revolutionize car insurance with us! In this role, you'll manage rate levels, build advanced pricing models & tools, and bring actuarial discipline to all facets of Lemonade. You'll leverage competitive data and data science to optimize customers' experience and ensure fairness and accuracy in pricing.

Requirements

  • 5+ years of P&C actuarial experience; Attained ACAS or greater
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Proficiency in data science programming languages such as R or Python (preferred), and database query tools such as SQL
  • Familiarity with predictive modeling concepts, including supervised and unsupervised machine learning approaches such as GLMs, decision trees, gradient boosting machines, random forests, and clustering
  • Prior personal car pricing experience is a definite plus

Responsibilities

  • Be an owner and expert on our car insurance state rating plans and rate indications
  • Lead the development and integration of predictive modeling projects while working closely with the Data Science team
  • Craft rate filing support for new machine learning models
  • Recommend pricing and underwriting actions based on ongoing monitoring of results
  • Build a knowledge base of competitor rating strategies and the overall competitive landscape
  • Develop the rates and pricing strategy for product expansions in new states
  • Assist in the design and development of internal pricing software for advanced analytics to support real-time decision making and scalable growth
  • Further your own actuarial education through CAS exams and industry research while applying those learnings on the job
  • Actively coach and mentor analysts

Benefits

US base salary range for this full-time position is $135,000- $155,000 equity + benefits

This job is filled or no longer available

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