Remote opportunity at
LemonadeActuarial Manager
Lemonade is seeking an Actuarial Manager to direct a skilled team and help shape its automotive insurance offerings. This full-time, remote position focuses on driving product…
Career Tools
About This Role
Lemonade is seeking an Actuarial Manager to direct a skilled team and help shape its automotive insurance offerings. This full-time, remote position focuses on driving product expansion across additional states and integrating machine learning into analytical operations. The person in this role will build advanced pricing models, oversee rate levels, and apply actuarial practices across underwriting, claims, distribution, compliance, and finance. By utilizing competitive data and data science, the professional…
Job Description
Lemonade is seeking an Actuarial Manager to direct a skilled team and help shape its automotive insurance offerings. This full-time, remote position focuses on driving product expansion across additional states and integrating machine learning into analytical operations. The person in this role will build advanced pricing models, oversee rate levels, and apply actuarial practices across underwriting, claims, distribution, compliance, and finance. By utilizing competitive data and data science, the professional will enhance customer experiences while ensuring accurate and fair pricing.
This opportunity is well-suited for an experienced actuarial professional who thrives in a fast-paced, AI-focused environment. Lemonade centers its operations around artificial intelligence and values individuals who demonstrate drive, efficiency, and adaptability. Candidates must be comfortable working remotely and eager to expand their knowledge alongside modern AI tools.
Responsibilities
- Take ownership of state rating plans and rate indications for Lemonade
- Direct the creation and integration of predictive modeling projects in collaboration with the Data Science team
- Formulate pricing strategies and rates for rolling out products into new states
- Contribute to the design and creation of internal pricing tools utilizing advanced analytics to enable real-time choices and scalable growth
- Prepare rate filing support for novel machine learning models
- Suggest pricing and underwriting steps based on continuous performance monitoring
- Maintain a comprehensive knowledge base covering competitor rating strategies and the broader competitive landscape
- Supervise and mentor a team of high-performing actuaries across multiple levels
Requirements
- At least 6 years of property and casualty actuarial experience
- Minimum 2 years of experience leading and managing a team
- Proficiency in data science programming languages like Python and database query tools such as SQL
- Working knowledge of predictive modeling concepts, including supervised and unsupervised machine learning approaches such as GLMs, decision trees, gradient boosting machines, random forests, and clustering
- Ability to work and manage within a remote setting
- Commitment to learning and adapting to AI technologies
Qualifications
- Fellow of the Casualty Actuarial Society designation preferred
- Bachelor of Science in Actuarial Science, Mathematics, Statistics, or an allied field
- Prior experience in personal lines pricing
Core Skills
Benefits
- Base salary range of USD 150,000 to 170,000 per year
- Equity
- Comprehensive health and wellness coverage
- 401(k) plan featuring an employer match
- 20 paid vacation days
- Parental leave
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Is this position remote?
Yes, this is a remote role, and the posting notes an ability to work and manage in a remote environment. However, applicants from Colorado, California, Montana, Hawaii, New Mexico, and Puerto Rico cannot be considered.
What is the salary range for the Actuarial Manager role?
The United States base salary range for this full-time position is USD 150,000 to 170,000 per year, plus equity and benefits. Individual pay is determined by factors such as work location, role level, job-related skills, experience, and relevant education or training.
What are the primary experience requirements?
Candidates must have at least six years of property and casualty actuarial experience, including a minimum of two years leading and managing a team. A Bachelor of Science in Actuarial Science, Mathematics, Statistics, or a related field is also required.
Does Lemonade offer work visa sponsorship for this job?
No, the employer is unable to sponsor applicants for work visas for this position.
Sample Interview Questions
AI-generated questions tailored to this specific role — a preview of the full practice set.