Associate Actuary

Not your everyday company

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.

Awarded "best workplace"

Best Workplace and Best‑Led Company by Inc. Magazine

"World Changing" by Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

Ranked #1 Home insurance in America

Won best renters and homeowners insurance in America by US News, and others

Best Pet Insurance in America

Rated "Best Overall Pet Insurance" by Better Homes & Gardens

Rated 4.9 on the App Store

Among the highest rated apps of all time

We're looking for a talented Associate Actuary who is eager to revolutionize car insurance. This is a critical role within our Lemonade Car team, where you'll be managing rate levels, building advanced pricing tools, and bringing actuarial discipline to all facets of our rapidly growing car insurance product.

You’ll leverage competitive data and data science to optimize our customers' experience, ensuring fairness and accuracy in pricing as we continue to expand and innovate in the insurtech space.

This position is key to advancing our pricing leadership and supporting strategic growth opportunities within Lemonade Car sitting on the Actuarial team.

• Become an owner and expert on our car insurance product, deeply understanding its mechanics and market position
• Craft rate filing support for new machine learning models, translating complex data science into regulatory‑compliant documentation. Success in this area means seamless approval of innovative pricing structures
• Identify areas for pricing and underwriting action based on ongoing monitoring of results, proactively addressing trends and opportunities to optimize profitability and customer value
• Build a comprehensive knowledge base of competitor rating strategies and the overall competitive landscape, providing crucial insights for strategic decision‑making
• Develop proprietary rating models to advance our pricing leadership, utilizing tools like R, Python, and SQL to create sophisticated and accurate risk assessments
• Be an owner of new strategic growth opportunities using pricing strategies, collaborating closely with product, data science, and underwriting teams to launch and scale new initiatives
• Further your own actuarial education through CAS exams and industry research, applying those learnings directly to real‑world challenges at Lemonade and contributing to a culture of continuous improvement

• 5+ CAS actuarial exams (ACAS is preferred)
• 4+ years of experience in pricing, reserving, or similar related roles
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
• General knowledge of data science programming languages such as R or…