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Lemonade · 2 weeks ago

Senior Actuary

United States

Full-time

Remote

Senior Level, Lead/Staff

$160K/yr - $180K/yr

9+ years exp

Lemonade is seeking a Senior Actuary who is eager to revolutionize home insurance. In this role, you will manage rate levels, build advanced pricing models, and bring actuarial discipline to various facets of the company, ensuring fairness and accuracy in pricing.

Artificial Intelligence (AI)Financial ServicesInsuranceInsurTech

No H1B

Responsibilities

Be an owner and expert on our home 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

Lead in the design and development of internal pricing software for advanced analytics to support real-time decision making and scalable growth

Actively coach and mentor analysts

Qualification

P&C actuarial experienceACAS certificationData science programmingPredictive modelingHomeowners experienceCoachingMentoring

Required

9+ years of P&C actuarial experience; Attained ACAS or greater

4+ years of experience of homeowners experience

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field

Strong proficiency in data science programming languages such as R or Python, 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

Ability to work in a remote environment