Actuarial Manager

The role

You will lead a team to develop and implement advanced pricing models for car insurance. You will manage rate levels and expand analytical capabilities using machine learning.

What you will do

• Own state rating plans and rate indications
• Lead development and integration of predictive modeling projects with the Data Science team
• Develop rates and pricing strategy for product expansions into new states
• Assist in the design and development of internal pricing tools
• Craft rate filing support for new machine learning models
• Recommend pricing and underwriting actions based on monitoring results
• Build a knowledge base of competitor rating strategies
• Manage and develop a team of high-performing Actuaries

Required qualifications

• 6+ years of P&C actuarial experience
• 2+ years leading and managing a team
• B.S. in Actuarial Science, Mathematics, Statistics, or a related field
• Proficiency in Python and SQL
• Proficient with predictive modeling concepts including GLMs, decision trees, gradient boosting machines, random forests, and clustering
• Ability to work and manage in a remote environment
• Enthusiasm about learning and adapting to the world of AI

Nice to have

• FCAS
• Prior personal lines pricing experience

Benefits

• comprehensive health & wellness coverage
• equity
• 401(k) plan with employer match
• 20 paid vacation days
• parental leave

Before you apply

• unable to sponsor applicants for work visas
• cannot consider applicants from Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico

About the company

Lemonade is building the future of insurance with an AI-first approach.