Actuary (Remote, US)

Openly
Apply Now

Job Description

Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.

Job Details

We are seeking a Actuary to lead insurance product forecasting. You will play a critical role in guiding strategic decisions across insurance product, reinsurance, and operations by providing insight into various future growth and profitability outcomes. In addition to thoroughly evaluating our data and performing comprehensive scenario analyses, we will look to you to drive the continuous improvement of the underlying forecasting models to best leverage our rapidly growing data volume using the latest technology & prediction methods. As a member of the Actuarial & Product Analysis team within Insurance Product Research, you will have the support of Actuarial Engineering and Data Science. We are looking for a self-motivated, high-energy individual who thrives in a fast-paced, performance-driven environment.

Our tech stack consists of GitHub, GCP/BigQuery, Python.

Key Responsibilities 

  • Spearheading our loss and premium forecasting capabilities, revolutionizing our approach to monitor actual outcomes, uncover insights, and translate them into valuable recommendations for product enhancement to help drive success of the organization. 
  • Collaborate closely with our Actuarial and Prediction Engineering teams, leveraging advanced modeling tools to construct a durable forecasting framework, harnessing the power of cutting-edge technology and data-driven insights to develop a robust system that enables accurate and insightful forecasts.
  • Support the refinement of our actuarial analytical framework by contributing to the design of enhancements or exploring the development of fresh methodologies and approaches.
  • Design and develop a resilient methodology for projecting catastrophe losses that can adapt and expand in tandem with our growth.
  • Collaborate cross-functionally to acquire valuable insights into drivers of our profitability and offer useful feedback based on our comprehensive analyses.
  • Mentor, guide, and support junior team members – utilize your experience and expertise to share valuable insights, provide constructive feedback, and help cultivate their skills and growth.

Requirements

  • ACAS/FCAS with 7+ years of actuarial experience
  • Significant experience in personal lines insurance or actuarial forecasting.
  • Experience working in SQL.
  • Demonstrated aptitude for working in Python.
  • Ability to operate in ambiguity – identifying/defining complex business problems and developing creative analytical solutions.
  • Strong communication and collaboration skills.
  • Strong decision-making skills.

Benefits & Perks

  • Competitive salary, corporate bonus program, equity position in a start-up company
  • Company-sponsored medical, dental, vision insurance plans, short-term and long-term disability, life insurance, 401k with corporate contribution, and FSA plan 
  • Company-paid 12 weeks parental leave policy
  • The company fully embraces the “work-from-anywhere in the US” mentality, even before COVID restrictions.
  • Paid Time Off
  • Fun, fast-paced, startup environment

U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.

Company Info.

Openly

Openly provides exceptional insurance by delivering truly comprehensive coverage through independent agents without surprise or concern. We do this because we exist to make insurance remarkably simple.

  • Industry
    Insurance
  • No. of Employees
    288
  • Location
    Boston, Massachusetts, USA
  • Website
  • Jobs Posted

Get Similar Jobs In Your Inbox

Openly is currently hiring Data Scientist, Actuary Jobs in United States with average base salary of $120,000 - $250,000 / Year.

Similar Jobs View More