Actuary

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 understating 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, .

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 Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

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

What you’re applying for

We’re looking for an Actuary who is eager to revolutionize car 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 car 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

Assist in the design and development of internal pricing software for advanced analytics to support real-time decision making and scalable growth

Further your own actuarial education through CAS exams and industry research while applying those learnings on the job

Actively coach and mentor analysts

What you’ll need :

5+ years of P&C actuarial experience; Attained ACAS or greater

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field

Proficiency in data science programming languages such as R or Python (preferred), and database query tools such as SQL

Familiarity 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 car pricing experience is a definite plus

Ability to work in a remote environment

Please note that we are unable to sponsor applicants for work visas

Lemonade's US base salary range for this full-time position is $,- $, 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.