Lead Pricing Actuary

Soter Insure; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Soter Insure is seeking a Lead Pricing Actuary to develop innovative pricing models for insurance products in the Web3 ecosystem. This senior role requires extensive experience in pricing and strong technical skills, with opportunities to work in a flexible, hybrid environment. Join a pioneering team redefining risk management in a rapidly evolving industry.

Benefits

Flexible, hybrid work culture

Competitive compensation and equity

Opportunity to work with crypto-native professionals

Qualifications

• 5+ years of pricing experience in Property & Casualty Re/Insurance.
• Proficiency in Python, Julia, R, Excel.
• Strong understanding of insurance pricing methodologies.

Responsibilities

• Develop and refine pricing models for innovative insurance products.
• Collaborate on rating factors using data sources.
• Monitor underwriting results and perform profitability analysis.

Skills

Pricing experience

Python

Julia

R

Excel

Communication

Education

Actuarial designation (ASA/FCAS, FIA, FFA, or equivalent)

Job description

Join to apply for the Lead Pricing Actuary role at Soter Insure

Soter is revolutionizing insurance for the Web3 ecosystem by offering innovative, tech-driven products tailored to the unique risks of decentralized networks and blockchain-based businesses. Soter’s customizable solutions are designed to protect organizations by mitigating emerging risks and empowering them to scale confidently. In an industry where traditional insurance solutions fall short, Soter is pioneering the future of risk management in Web3.

The role of Lead Pricing Actuary involves developing pricing models and frameworks from scratch, requiring a blend of technical expertise and creative problem-solving. You will report to the Head of Underwriting and may be based in Bermuda, New York, Dubai, or London. The compensation package includes a competitive salary, equity, and more, depending on experience and location.

Key Responsibilities

• Develop and refine pricing models for innovative insurance products related to digital assets and liability risks.
• Collaborate cross-functionally to develop rating factors using data sources like on-chain analytics and governance data.
• Create actuarial models for rate indications and internal capital models.
• Monitor underwriting results and perform profitability analysis.
• Design flexible pricing strategies for emerging risks in the crypto ecosystem.
• Stay updated on blockchain, digital assets, and DeFi trends to inform risk strategies.

Qualifications

• 5+ years of pricing experience in Property & Casualty Re/Insurance, preferably with specialty or financial lines.
• Proficiency in Python, Julia, R, Excel; familiarity with actuarial tools is a plus.
• Strong understanding of insurance pricing methodologies and portfolio risk management.
• Experience with limited or nontraditional datasets.
• Interest or familiarity with blockchain, DeFi, crypto trading, or staking.
• Excellent communication skills and ability to work in a fast-paced startup environment.

Nice to Haves

• Actuarial designation (ASA/FCAS, FIA, FFA, or equivalent).
• Experience in emerging markets or with crypto, cybersecurity, fintech, or risk consulting.
• Understanding of regulatory implications related to crypto insurance.
• Experience with captives and alternative risk transfer solutions.

Why Join Soter?

• Build a pioneering insurance company in a rapidly evolving industry.
• Work with a team of crypto-native professionals and innovators.
• Enjoy a flexible, hybrid work culture with competitive compensation and equity.
• Help redefine risk pricing in the decentralized economy.

Additional Details

Senior level, full-time position in finance and sales within the insurance industry. Location options include Bermuda, New York, Dubai, or London.