Senior Actuary
: Job Details :


Senior Actuary

Vouch

Location: all cities,IL, USA

Date: 2024-12-17T04:04:03Z

Job Description:

About Vouch:

At Vouch, we believe business insurance should move at the speed of innovation. Legacy insurance providers can't keep up with the emerging risks of high-growth companies, leaving clients stuck with outdated, rigid coverage.

Vouch is a modern insurance provider dedicated to the innovation economy. Backed by $185M in funding from world-class investors, we're reimagining business insurance—just as Stripe transformed payments and Brex reimagined credit cards.

Our platform replaces complex, legacy processes with a streamlined, tailored approach to risk management. Advanced technology simplifies every step, while expert advisors negotiate coverage as dynamic as the industries we serve. With Vouch, clients get the right coverage at the right price—and a team that scales with them.

Why should you join our team and Vouch?

Not only is this an exciting and growing team where you can drive a real impact on our scalability, but Vouch is also the preferred insurance provider to customers of Y Combinator, Brex, Carta, and WeWork. We're a quickly growing startup that believes in transparency and acknowledgment with our team members and cultivating a values-driven company. Our values are “Put People First,” “Listen, Challenge, and Grow,” “Face challenges head-on and win as a team,” and “Serve clients with integrity and excellence.”

What does a work environment look like at Vouch?

Vouch has employees located across the U.S., with offices in San Francisco, Chicago, and New York City. This role can be based anywhere in the U.S. as long as you can work our Vouch core collaboration hours (8:30 am-2:30 pm Pacific Time) when most internal meetings are held.

Role Responsibilities:

We are seeking creative, motivated, and innovative commercial P&C actuaries to expand our insurance products and be part of our growing actuarial organization.

This role reports directly to the Head of Actuarial and plays an integral role in shaping our insurance strategy. You will be responsible for delivering innovative actuarial solutions, pricing models and rate plans, reserving analysis, capital modeling, competitor analysis, and data analytics, all to support our mission of crafting the best insurance for those building the future.

Job Duties:

  • Responsible for monthly rate indications, using results to evaluate and refine the proprietary pricing models for all lines of business, including Management Liability and Professional Liability.
  • Provide strategic insights and recommendations to inform company pricing strategies and portfolio management, leveraging data such as conversion rates, retention rates, and other key performance metrics to optimize outcomes.
  • Partner with underwriting to analyze and enhance risk selection criteria, policy terms, and rating variables.
  • Collaborate with product development teams to design innovative insurance solutions that meet the evolving needs of clients.
  • Build and maintain actuarial tools and dashboards to facilitate data-driven decision-making across functions.
  • Communicate complex actuarial concepts and findings to non-technical stakeholders, including senior leadership.

    • About You:

  • 6+ years of actuarial experience (with 4+ years pricing experience), preferably in commercial P&C.
  • Adept at bringing creative insurance product ideas to solve ambiguous problems.
  • Exceptional communication skills, with an emphasis on real-time interaction, either written or verbal.
  • Ability to effectively manage multiple projects with the ability to prioritize high-impact work.
  • Demonstrated ability to collaborate effectively across diverse teams and functions.
  • Ownership mentality to drive projects from start to finish independently.
  • Exceptional problem-solving skills and a proactive, solution-oriented mindset.
  • Programming skills in SQL, Python, or similar languages, with experience in data analysis and visualization tools.

    • Nice To Have:

  • ACAS or FCAS.
  • Reserving and/or Capital Modeling experience.
  • Exposure to early-stage startups and/or high-growth environments.
  • Experience with Management Liability and Professional Liability lines of business.

    • Vouch provides several benefits to help you bring your best self to work:

  • Competitive compensation and equity packages.
  • Health, dental, and vision insurance.
  • Parental leave.
  • Flexible vacation time (Unlimited PTO).
  • Wellness allowance ($80/month).
  • Technology allowance ($100/month).
  • Professional Development ($500/Yr).
  • Home office setup (One-time $500).
  • L&D: Partnerships with Ethena, Hone, and monthly Lunch & Learns.
  • Employee Groups: Vouch supports various employee groups to foster an inclusive, equitable workplace and create affirming, empowering, employee-centered spaces for conversation, community, and support.
  • Wellbeing: Voucher's have access to many wellbeing perks, including Calm, Peloton, Headspace, Fetch, OneMedical, SoFi, etc.
  • Annual performance reviews with quarterly check-ins.

    • What to expect in the interview process:

  • 30-minute phone call with our recruiting team.
  • 30 minute Zoom interview with the hiring manager.
  • Meet the team! 30-45 min 1:1 Zoom meetings with 3-4 team members you'd work closely within the role.

    • Salary Range:

    The pay range for this role is: $160,000 to $175,000 per year.

    Our salary ranges are based on paying competitively for our size and industry and are part of our total compensation package, which also includes benefits and other perks. We also include stock options in all compensation packages and believe all Vouch employees should have the opportunity to become owners in the company. Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.

    Vouch believes in putting our people first, and building a diverse team is at the front of everything we do. We welcome people from different backgrounds, experiences, perspectives, and ranges of abilities. We are an equal-opportunity employer and celebrate the diversity of our growing team.

    If you require reasonable accommodation to complete this application, interview, complete any pre-employment testing, or otherwise participate in the employee selection process, please direct your inquiries to ...@vouch.us.

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