Job Description
We’re looking for an Actuarial Associate to join our Pricing team and help push homeowners 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.
In this role you’ll
Own and develop expertise on our homeowners 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
What you’ll need
4+ years of P&C actuarial experience, preferably in personal lines pricing
5 CAS exams or 6 SOA exams, preferred
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 in a remote environment
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.
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.
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