Tel Aviv, Israel | Insurance | Full-time

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.
At Lemonade, you’ll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.
Unlike most publicly traded companies, we’re nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don’t care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.
We’re built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don’t like spending our days in meetings and we skip committees altogether. At Lemonade, there’s no such thing as going over someone’s head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.
As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.

We’re looking for a Senior Actuary who is eager to revolutionize the insurance industry with us.

In this role, you’ll be building advanced pricing models & tools, partnering with the Data Science and Product teams and bringing actuarial discipline to all facets of Lemonade - from distribution, underwriting, claims, compliance, and finance. You’ll leverage competitive data and data science to optimize our customers’ experience and ensure fairness and accuracy in pricing.
This role will be the actuarial lead in the Tel Aviv office, and have an integral role in developing insurance acumen.

In this role you’ll

• Be an owner and expert on our insurance rating plans
• Lead the development and integration of predictive modeling projects, in collaboration with our Data Science and Product teams
• Bring cutting-edge technologies to rate analysis and implementation
• Build the world’s most sophisticated pricing models based on AI and ML technologies, bolstered by strong data capabilities
• Lead in the design and development of internal pricing software for advanced analytics to support real-time decision making and scalable growth
• Be able to effectively explain the fundamental insurance metrics, related to pricing and reserving financial results
• Coach and mentor actuaries and actuarial analysts as well as educate technical teams

What you’ll need

• 10+ years of P&C actuarial experience; Fellow of Israel Association of Actuaries
• 4+ years of experience managing a team
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
• Strong proficiency in data science programming languages such as R or Python (preferred), and database query tools such as SQL
• Familiarity with 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 in an office environment a minimum of 3 days a week
• Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.