[Hiring] Actuarial Manager @Lemonade

Role Description

We're looking for a driven Actuarial Leader who is ready to lead a talented team while building the most innovative car insurance on the market! This role is critical as we accelerate our product's growth across new states and expand our analytical capabilities with cutting-edge machine learning.

• Own state rating plans and rate indications for Lemonade.
• 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 tools for advanced analytics and 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 Actuaries at various levels.

Qualifications

• 6+ years of P&C actuarial experience; FCAS preferred.
• 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 Python, 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.
• Prior personal lines pricing experience is a definite plus.
• Ability to work and manage in a remote environment.
• Enthusiasm about learning and adapting to the exciting world of AI - a commitment to exploring this field is a fundamental part of our culture.

Requirements

• *Please note that we are unable to sponsor applicants for work visas.
• Unfortunately, we cannot consider applicants from these states: Colorado, California, Montana, Hawaii, New Mexico, and Puerto Rico.

Benefits

• Lemonade's US base salary range for this full-time position is $150,000 - $170,000 plus equity + benefits.
• Our competitive total rewards package includes comprehensive health & wellness coverage, equity, a 401(k) plan with employer match, 20 paid vacation days, and parental leave.
• Speak to your recruiter to hear more about the specific salary range for your preferred location and our total rewards package.

Company Description

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.

• Best Workplace and Best-Led Company by Inc. Magazine.
• "World Changing" by Fast Company.
• Ranked #1 Home insurance in America.
• Won best renters and homeowners insurance in America by US News, and others.
• Best Pet Insurance in America.
• Rated "Best Overall Pet Insurance" by Better Homes & Gardens.
• Rated 4.9 on the App Store, among the highest rated apps of all time.