Actuary, Car

About the Position

We're looking for an Actuary to join our team and help push car insurance into the future. You'll bring actuarial discipline to some of the most complex questions in the business - from distribution to underwriting, claims, and beyond - while using competitive data and data science to make sure our pricing is fair, accurate, and built for scale.

We believe three things matter for every role at Lemonade: drive to push through challenges, efficiency that keeps standards high while moving fast, and adaptability that lets you pivot with data and AI insights. These aren't buzzwords, they're how we actually work.

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.

Responsibilities

• Own and develop expertise on our car rating plans and rate indications
• Contribute to predictive modeling projects in close partnership with the Data Science team
• Craft rate filing support for new machine learning models
• Identify pricing and underwriting opportunities based on ongoing monitoring of results
• Build a knowledge base of competitor rating strategies and the broader competitive landscape
• Partner cross-functionally with Underwriting, Product, Claims, and BI to drive alignment and action
• Advance your actuarial credentials through recognized qualifications and industry research, bringing those learnings directly into your work

Requirements

• 5+ years of P&C actuarial experience, preferably in personal lines pricing
• Attained ACAS or greater
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
• Working knowledge of data science programming languages like R or Python, and proficiency in SQL
• Familiarity with predictive modeling concepts, including GLMs, decision trees, gradient boosting machines, random forests, and clustering
• A genuine sensitivity to model transparency and ethics
• Excitement about learning and growing alongside AI - this isn't optional, it's how we work
• Ability to work remotely

We Offer

• Competitive salary range: $135,000 - $157,500 plus equity + benefits
• Opportunity to work remotely
• Professional growth and development opportunities

About the Company

At Lemonade, we are committed to revolutionizing the insurance industry with the power of AI and data science. Our mission is to make insurance fair, simple, and human, and we're looking for passionate individuals who share this vision.

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

Unfortunately, we cannot consider applicants from these states: Alaska, California, Colorado, Montana, Hawaii, New Mexico, and Puerto Rico.