Senior Decision Scientist

Role Description

We are looking for a Senior Decision Scientist to design and own mathematical risk thresholds across our insurance products. In this role, you will operate at the intersection of catastrophe modeling, capital modeling, and portfolio strategy, ensuring that each policy we write is evaluated against explicit capital requirements and aligned with long term growth and risk objectives. You'll dive into the details, build practical solutions, and turn well grounded analysis into clear, actionable decisions that move the business forward.

We believe three things matter for every role at Lemonade:

• Drive to push through challenges
• Efficiency that keeps standards high while moving fast
• Adaptability that lets you pivot with data and AI insights

Our AI-first approach isn't just a tagline either. We're building the future of insurance with AI at the center, and we need people who are genuinely excited to learn and grow alongside these tools.

In this role you'll:

• Own and build the capital modeling framework, running catastrophe models and integrating their outputs to support portfolio management, growth planning, and strategic decision making
• Build and maintain the analytical tools and data structures used for catastrophe, capital, and portfolio modeling
• Evaluate how individual policies and portfolio changes impact capital requirements, PMLs, tail risk, and expected returns
• Partner closely with insurance, finance, and underwriting teams to assess the impact of reinsurance structures, retentions, and limits on portfolio risk and capital efficiency
• Translate capital and catastrophe model results into clear takeaways and recommendations that help guide growth and risk decisions
• Approach problems with curiosity and good judgment, challenging assumptions when needed and contributing to a team that values learning and shared ownership

Qualifications

• 4+ years of experience in CAT modeling, capital modeling, or quantitative risk analytics within P&C insurance or reinsurance
• Solid grounding in statistics and probability, especially as applied to extreme events and heavy-tailed distributions
• Proficiency in data science programming languages such as R or Python, and database query tools such as SQL
• Bachelor's degree in Data Science, Economics, Mathematics, Statistics, Actuarial Science, or a related field
• Understanding reinsurance structures and how they impact portfolio risk and capital is a plus
• Ability to work remotely
• 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

Benefits

• Lemonade's US base salary range for this full-time position is $130,000- $145,000 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

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.

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 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