Pet Actuarial Lead
About the role
We're looking for a Pet Actuarial Lead to help shape the pricing strategy behind one of the most innovative insurance products on the market. You'll sit at the center of Lemonade's pet insurance business, partnering closely with Data Science, Underwriting, and Finance to drive growth, accuracy, and fairness in how we price and expand.
Responsibilities
Own state rating plans and rate indications for Lemonade's pet product, from monitoring through execution
Lead the development and integration of predictive modeling projects in close partnership with the Data Science team
Build and maintain machine learning rating models that directly influence pricing accuracy and customer outcomes
Develop pricing strategies for product expansion into new states, balancing growth goals with actuarial rigor
Contribute to the design of internal pricing software that supports real-time decision making at scale
Prepare rate filing support for new machine learning models, keeping Lemonade compliant and ahead of the curve
Recommend pricing and underwriting actions based on ongoing performance monitoring and competitive analysis
Grow and develop a team of high-performing analysts, setting a high bar while giving people room to do great work
Requirements
7+ years of Health or Pet Health actuarial experience; FSA required
2+ years managing and developing a team
B.S. in Actuarial Science, Mathematics, Statistics, or a related field
Proficiency in R or Python, plus SQL for database querying
Working knowledge of predictive modeling approaches, including GLMs, decision trees, gradient boosting machines, random forests, and clustering
Comfort operating independently in a remote environment while staying tightly connected with cross-functional partners
Genuine curiosity about AI and a commitment to growing alongside the tools reshaping how we work
Qualifications
Drive to push through challenges
Efficiency that keeps standards high while moving fast
Adaptability that lets you pivot with data and AI insights
Skills
AI and machine learning
Predictive modeling
Database querying
Team management
Benefits
Comprehensive health & wellness coverage
Equity
A 401(k) plan with employer match
20 paid vacation days
Parental leave
Pay
Lemonade's US base salary range for this full-time position is $175,000 - $200,000 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.
Schedule
We operate remotely, but we value collaboration and communication. You will be expected to work standard business hours and be available during normal business hours to collaborate with your team.