Actuarial Pricing Associate — AI-Driven UK Market

Lemonade; Greater London; Remote; GBP 60,000 - 85,000; Full time

Job summary

Lemonade is seeking an Actuarial Pricing Associate for our UK team, focusing on pricing adequacy, accuracy, and competitiveness of European products. You will blend actuarial methods with predictive modeling, ML, and AI, collaborating with data scientists and product teams in a fast-moving environment.

You’ll work on price making, modeling, implementation, and strategy for the UK market, while balancing profitability with PCW competitiveness and speed to market.

Qualifications

• 3–5 years of non-life non-pet actuarial experience
• Commitment in obtaining FIA or FFA
• Ability to work in an office environment (London)
• Master’s degree in mathematics / econometrics / actuarial science / related field preferred
• Personal lines experience required
• Price comparison website (PCW) and/ or commercial pricing experience is an advantage
• General knowledge of data science programming languages such as Python (preferred) or R, and SQL
• Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture

Responsibilities

• Support the pricing processes for the UK market, including price making, modeling, implementation, and pricing strategy
• Balance rating accuracy and profitability with price comparison website competitiveness
• Contribute to building the pricing machine enables speed to market and competitive advantages
• Support development of pricing for new products and add-ons
• Identify optimal areas for pricing and underwriting action based on ongoing monitoring of the data
• Further your actuarial education through industry research and stay on top of changing regulatory requirements

Skills

Python

SQL

R

Data science

Education

Master’s degree in mathematics/econometrics/actuarial science/related field

FIA or FFA

Tools

PCW

Job description

Lemonade is seeking an Actuarial Pricing Associate for our UK team, focusing on pricing adequacy, accuracy, and competitiveness of European products. You will blend actuarial methods with predictive modeling, ML, and AI, collaborating with data scientists and product teams in a fast-moving environment.

You’ll work on price making, modeling, implementation, and strategy for the UK market, while balancing profitability with PCW competitiveness and speed to market.