Actuarial Associate, Home

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 an Actuarial Associate to join our Pricing team and help push homeowners insurance into the future. You'll bring actuarial discipline to some of the most complex questions in the business — from distribution to underwriting, claims, and beyond — while using competitive data and data science to make sure our pricing is fair, accurate, and built for scale.

We believe three things matter for every role at Lemonade: drive to push through challenges, efficiency that keeps standards high while moving fast, and adaptability that lets you pivot with data and AI insights. These aren't buzzwords, they're how we actually work.

Our AI-first approach isn't just a tagline either. We're building the future of insurance with AI at the center, and we need people who are genuinely excited to learn and grow alongside these tools.

In this role you’ll

• Own and develop expertise on our homeowners rating plans and rate indications
• Contribute to predictive modeling projects in close partnership with the Data Science team
• Craft rate filing support for new machine learning models
• Identify pricing and underwriting opportunities based on ongoing monitoring of results
• Build a knowledge base of competitor rating strategies and the broader competitive landscape
• Partner cross-functionally with Underwriting, Product, Claims, and BI to drive alignment and action
• Advance your actuarial credentials through recognized qualifications and industry research, bringing those learnings directly into your work

What you’ll need

• 4+ years of P&C actuarial experience, preferably in personal lines pricing
• 5 CAS exams or 6 SOA exams, preferred
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
• Working knowledge of data science programming languages like R or Python, and proficiency in SQL
• Familiarity with predictive modeling concepts, including GLMs, decision trees, gradient boosting machines, random forests, and clustering
• A genuine sensitivity to model transparency and ethics
• Excitement about learning and growing alongside AI — this isn't optional, it's how we work
• Ability to work in a remote environment

Please note that we are unable to sponsor applicants for work visas.

Unfortunately, we cannot consider applicants from these states: Alaska, California, Colorado, Montana, Hawaii, New Mexico and Puerto Rico.

Lemonade's US base salary range for this full-time position is $125,000 - $140,000 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. Speak to your recruiter to hear more about the specific salary range for your preferred location.

#LI-Remote

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.