Insurance Actuary Innovator

4 days ago


Chicago, Illinois, United States Vouch, Inc. Full time
About Us

Vouch, Inc. is a modern insurance provider dedicated to the innovation economy.

Our mission is to craft the best insurance for those building the future, and we're looking for talented individuals to join our team as Senior Actuaries.

Salary Range

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

Job Description

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.

Key Responsibilities
  1. 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.
  2. Provide strategic insights and recommendations: Informing company pricing strategies and portfolio management, leveraging data such as conversion rates, retention rates, and other key performance metrics to optimize outcomes.
  3. Partner with underwriting: Analyzing and enhancing risk selection criteria, policy terms, and rating variables.
  4. Collaborate with product development teams: Designing innovative insurance solutions that meet the evolving needs of clients.
  5. Build and maintain actuarial tools and dashboards: Facilitating data-driven decision-making across functions.
  6. Communicate complex actuarial concepts: Finding ways to communicate complex actuarial concepts and findings to non-technical stakeholders, including senior leadership.
Requirements
  • Actuarial experience: 6+ years of actuarial experience, preferably in commercial P&C.
  • Adept at bringing creative insurance product ideas: Solving ambiguous problems.
  • Exceptional communication skills: Emphasis on real-time interaction, either written or verbal.
  • Ability to effectively manage multiple projects: Prioritizing high-impact work.
  • Demonstrated ability to collaborate effectively: Across diverse teams and functions.
  • Ownership mentality: Drive projects from start to finish independently.
  • Exceptional problem-solving skills: Proactive, solution-oriented mindset.
  • Programming skills: SQL, Python, or similar languages, with experience in data analysis and visualization tools.
Benefits
  • 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:


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