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Actuarial Pricing Manager, Home

New York, NY | Insurance | Full-time

We’re looking for a technically savvy and independent actuary who'll become an owner and expert on the pricing adequacy and accuracy of our Homeowners, Renters, and Condo products.

You will contribute your actuarial expertise as part of an interdisciplinary team that includes data scientists and insurance product managers. Working in collaboration, you’ll help develop and implement new pricing techniques that blend actuarial approaches with predictive modeling, machine learning, and artificial intelligence.

Responsibilities  

  • Own state rating plans and rate indications
  • Craft rate filing support for new machine learning models
  • Identify areas for pricing and underwriting action based on ongoing monitoring of results
  • Build a knowledge base of competitor rating strategies and the overall competitive landscape
  • Lead pricing efforts for new products and enhancements
  • Further your actuarial education through CAS exams and industry research while applying learnings on the job

Requirements 

  • 5 years of P&C actuarial experience; ACAS or greater preferred
  • Bachelor's Degree in Actuarial Science, Data Science, Statistics, Economics, Mathematics, or related field
  • Personal lines experience strongly preferred
  • General knowledge of data science programming languages such as Python (preferred) or R, and proficiency in database query tools such as SQL
  • Broad understanding of predictive modeling concepts including supervised and unsupervised machine-learning approaches such as GLMs, decision trees, gradient boosting machines, random forests, clustering, etc.
  • Experience adapting predictive models into fileable rating plans
  • Ability to work in an office environment (though candidates with excellent qualifications who live outside of commuting range may be considered on a case-by-case basis)
About Lemonade

Lemonade is a licensed insurance carrier offering renters, homeowners, car, pet, and life insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France. We’re powered by artificial intelligence and behavioral economics, and driven by social good.

A Certified B-Corp, Lemonade donates unused premiums to nonprofits selected by its community as part of our annual Giveback program. We incorporate our values into everything we do—from our business model to our office culture.

Things to know…

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.

As a certified B-corp, Lemonade is committed to pursuing social and environmental efforts. We do this in a variety of ways, from providing sponsored opportunities for our employees to give back to their community, to partnerships with organizations that enable our team to autonomously contribute their time to causes they care about.