Senior Actuary

We’re looking for a Senior Actuary who is eager to revolutionize home insurance with us.

In this role, you’ll be managing rate levels, building advanced pricing models & tools, and bringing actuarial discipline to all facets of Lemonade - from distribution to underwriting, claims, compliance, and finance. You’ll leverage competitive data and data science to optimize our customers’ experience and ensure fairness and accuracy in pricing.

In this role you’ll

• 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

What you’ll need

• 7+ years of P&C personal property experience; FCAS preferred
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
• Strong proficiency in data science programming languages such as Python required and database query tools such as SQL
• Familiarity with predictive modeling concepts, including supervised machine learning approaches such as GLMs, decision trees, gradient boosting machines, and random forests
• Ability to work 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

*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.

Lemonade's US base salary range for this full-time position is $160,000 - $185,000 equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.