Openly · 1 month ago
Actuarial Analyst (Remote, US)
United States
Full-time
Remote
Entry Level
$69K/yr - $115K/yr
1+ years expOpenly is a company focused on re-envisioning insurance to enhance the customer experience. They are seeking an Actuarial Analyst to assist in product development and profitability reviews, leveraging technology to automate pricing management functions.
Auto InsuranceCommercial InsuranceInsuranceLife InsuranceProperty Insurance
Responsibilities
Drive state expansion by assisting in developing rating models, developing other customer-facing models, and supporting DOI inquiries
Develop and expand product analytics capabilities to enrich understanding of Product Profitability. Operationalize insights
Assist in producing formal actuarial deliverables as needed (rate indications, amendments to rating plan, reinsurance analysis, loss modeling, etc.)
Design and enhance analytical frameworks and capabilities, in partnership with our Senior Research Actuary
Develop efficient processes that support the integration of our analytical frameworks/capabilities into our day-to-day operations. Outputs include descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring
Continuously test and adopt newly available tools/capabilities to improve the scale and rigor of our actuarial capabilities
Qualification
Required
1-3 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing
Progress made towards ACAS/FCAS designations (preferably 3+ exams)
Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity
Python familiarity or interest to learn
Strong communication skills
Preferred
Homeowners and/or Auto insurance experience is a plus
Benefits
Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
Competitive Salary & Equity
Comprehensive Medical, Dental, and Vision Plan Offerings
Life and disability coverage including voluntary options
Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements(Birthing parents may be eligible for additional leave through STD)
401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity.
Be Well Program - Employees receive $50 per month to use towards your overall well-being
Paid Volunteer Service Hours
Referral Program and Reward
Company
Openly
Openly offers premium home insurance exclusively through independent agents in multiple states.
201-500 employees
Funding
Current Stage
Late StageTotal Funding
$430.87MKey Investors
Eden Global PartnersAllianz XAdvance Venture Partners
2025-01-30Series Unknown· $123M
2025-01-30Debt Financing· $70M
2023-09-21Series D· $100M
Leadership Team
Ty Harris
CEO & Co-Founder
Matt Wielbut
Co-Founder & CTO
Recent News
Crunchbase News
2025-12-11
Digital Insurance
2025-06-21
Digital Insurance
2025-06-17
Company data provided by crunchbase