Associate 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, 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 What you're applying for We're looking for a talented Associate Actuary who is eager to revolutionize car insurance. This is a critical role within our Lemonade Car team, where you'll be managing rate levels, building advanced pricing tools, and bringing actuarial discipline to all facets of our rapidly growing car insurance product. You’ll leverage competitive data and data science to optimize our customers' experience, ensuring fairness and accuracy in pricing as we continue to expand and innovate in the insurtech space. This position is key to advancing our pricing leadership and supporting strategic growth opportunities within Lemonade Car sitting on the Actuarial team. In this role you'll Become an owner and expert on our car insurance product, deeply understanding its mechanics and market position Craft rate filing support for new machine learning models, translating complex data science into regulatory‑compliant documentation. Success in this area means seamless approval of innovative pricing structures Identify areas for pricing and underwriting action based on ongoing monitoring of results, proactively addressing trends and opportunities to optimize profitability and customer value Build a comprehensive knowledge base of competitor rating strategies and the overall competitive landscape, providing crucial insights for strategic decision‑making Develop proprietary rating models to advance our pricing leadership, utilizing tools like R, Python, and SQL to create sophisticated and accurate risk assessments Be an owner of new strategic growth opportunities using pricing strategies, collaborating closely with product, data science, and underwriting teams to launch and scale new initiatives Further your own actuarial education through CAS exams and industry research, applying those learnings directly to real‑world challenges at Lemonade and contributing to a culture of continuous improvement What you'll need 5+ CAS actuarial exams (ACAS is preferred) 4+ years of experience in pricing, reserving, or similar related roles Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field General knowledge of data science programming languages such as R or Python Proficiency in database querying tools such as SQL is required Prior personal lines pricing experience is a definite plus Strong analytical and problem‑solving skills, with a methodical, data‑informed approach to decision‑making. Excellent collaboration and communication skills, with the ability to explain complex actuarial concepts to diverse audiences. 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 $125,000- $140,000 plus 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. #LI-Remote 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 Lemonade