Remote, United Kingdom | Actuarial | Full-time
Not your everyday company
Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.
At Lemonade, you’ll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.
Unlike most publicly traded companies, we’re nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don’t care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.
We’re built as a lean, data-driven organization that relies on a common understanding of objectives and goals to provide teams with autonomy and ownership. We don’t like spending our days in meetings and we skip committees altogether. At Lemonade, there’s no such thing as going over someone’s head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.
As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.
Awarded ‘best workplace'
Best Workplace and Best-Led Company by Inc.Magazine
“World Changing” by FastCompany
Recognized as a World Changing Idea by Fast CompanyMagazine
Ranked #1 Home insurance inAmerica
Won best renters and homeowners insurance in America by US News, andothers
Best Pet Insurance inAmerica
Rated “Best Overall Pet Insurance” by Better Homes &Gardens
Rated 4.9 on the AppStore
Among the highest rated apps of alltime
What you’re applying for
We’re looking for a technically savvy Actuarial Pricing Associate to join the UK team and support pricing adequacy, accuracy, and competitiveness of our European products. You will contribute your actuarial expertise as part of an interdisciplinary team that includes data scientists, insurance Product and Underwriting professionals. Working in collaboration, you’ll help develop and implement new pricing capabilities that blend actuarial approaches with predictive modeling, machine learning, and artificial intelligence.
In this role you’ll
Support the pricing processes for the UK market, including price making, modeling, implementation, and pricing strategy
Balance rating accuracy and profitability with price comparison website competitiveness
Contribute to building the pricing machine enables speed to market and competitive advantages
Support development of pricing for new products and add-ons
Identify optimal areas for pricing and underwriting action based on ongoing monitoring of the data
Further your actuarial education through industry research and stay on top of changing regulatory requirements
What you’ll need
At least 3- 5 years of non-life non-pet actuarial experience
Commitment in obtaining FIA (Fellow of the Institute of Actuaries) or FFA (Fellow of the Faculty of Actuaries)
Ability to work in an office environment (London)
Master’s degree in mathematics / econometrics / actuarial science / related field preferred
Personal lines experience required
Price comparison website (PCW) and/ or commercial pricing experience is an advantage
General knowledge of data science programming languages such as Python (preferred) or R, and in database query tools such as SQL. Broad understanding of predictive modeling with focus on supervised models and affinity with unsupervised learning technics
Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our 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.
#J-18808-Ljbffr
Contact Details:
Lemonade Insurance Company Recruitment Team
