Senior Actuarial Manager

Summary

Join Lemonade as a Senior Actuarial Manager and lead a talented team in building innovative home insurance. Spearhead the development and implementation of cutting-edge pricing models, manage rate levels, and bring actuarial discipline to all aspects of the company. Leverage data science to optimize customer experiences and ensure fair pricing. Develop internal pricing software, craft rate filing support for new machine learning models, and build a knowledge base of competitor rating strategies. Manage and develop a team of analysts, further your actuarial education, and apply learnings on the job. Lemonade offers a competitive salary, equity, and benefits.

Requirements

• 7+ years of P&C actuarial experience; ACAS or greater, required
• 2+ years leading and managing a team
• B.S. 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
• Proficient with predictive modeling concepts, including supervised and unsupervised machine learning approaches such as GLMs, decision trees, gradient boosting machines, random forests, and clustering
• Ability to work and manage in a remote environment

Responsibilities

• Own state rating plans and rate indications for Lemonade home
• Lead the development and integration of predictive modeling projects while working closely with the Data Science team
• Develop the rates and pricing strategy for product expansions into new states
• Assist in the design and development of internal pricing software for advanced analytics to support real-time decision making and scalable growth
• 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
• Manage and develop a team of high-performing analysts
• Further your actuarial education through CAS exams and industry research while applying learnings on the job

Preferred Qualifications

• Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture
• Prior personal lines pricing experience is a definite plus

Benefits

• Equity
• Benefits