Actuarial Specialist

PORCH INDIA PRIVATE LIMITED

India

Remote

INR 713,000 - 998,000

Full time

8 days ago
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Job summary

Porch Group is seeking an Actuarial Specialist to lead complex pricing initiatives for homeowners insurance products from a remote India-based role. You will oversee advanced modeling, regulatory filings, and strategic pricing projects while mentoring analysts and ensuring compliance with standards.

The role emphasizes machine learning, pricing strategy development, and collaboration with cross-functional teams to support financial stability and growth.

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
  • 5+ years of general insurance actuarial/pricing experience, including leadership of complex projects.
  • Excellent written and spoken English; strong communication with regulators and senior leadership.

Responsibilities

  • Lead development and maintenance of rating plans and indication frameworks.
  • Design and implement advanced pricing models and segmentation strategies.
  • Direct preparation of countrywide rating algorithm initiatives; ensure accuracy and compliance.
  • Establish documentation and governance standards for pricing models.
  • Mentor and coach actuarial analysts; review work for accuracy and completeness.
  • Drive investigations into segmentation enhancements and provide strategic insights to leadership.
  • Implement innovative analytical tools to elevate analytic capabilities and speed to results.
  • Collaborate with Product, Reserving, Data Science, Underwriting, Sales, and Claims.
  • Maintain progress toward actuarial credentials via exams and development.

Skills

Excel
SQL
Python/R
Communication
Leadership
Governance
Executive influence
US teams

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

SQL
Python/R
Excel

Job description

Actuarial Specialist

Location: India

Workplace Type: Remote

Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by:

  • providing the best services for homebuyers
  • led by advantaged underwriting in insurance
  • to protect the whole home

As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies. In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.

Job Summary

The future is bright for the Porch Group, and we’d love for you to be a part of it as our Actuarial Specialist. Porch Group is seeking an Actuarial Specialist to lead complex pricing initiatives for our homeowners insurance products. You will oversee advanced modeling, regulatory filings, and strategic pricing projects, while mentoring analysts and ensuring compliance with professional standards. Are you passionate about using advanced analytics to drive business success? We are seeking a highly skilled and motivated Actuarial Specialist to join our team! In this role, you will contribute to our actuarial functions with a focus on machine learning, pricing, and modeling. You’ll play a key role in shaping pricing strategies, developing predictive models, and supporting the financial stability of the company. As an Actuarial Specialist, you will collaborate with a talented team of professionals in a culture that values innovation, continuous learning, and data-driven decision-making. Your analytical insights will help optimize financial performance and manage risk effectively. If you're excited about making a meaningful impact through actuarial science and analytics, we’d love to hear from you!

What You Will Do
  • Lead development and maintenance of rating plans and indication frameworks.
  • Design and implement advanced pricing models and segmentation strategies.
  • Direct preparation of countrywide rating algorithm initiatives; ensure accuracy and compliance.
  • Establish documentation and governance standards for pricing models.
  • Mentor and coach actuarial analysts; review work for accuracy and completeness.
  • Drive investigations into segmentation enhancements and provide strategic insights and recommendations to senior leadership for opportunities to improve operations.
  • Implement innovative analytical tools and techniques to elevate the analytic capabilities and speed to results of the department.
  • Collaborate closely with business partners in Product, Reserving, Data Science, Underwriting, Sales, and Claims.
  • Maintain progress toward actuarial credentials through ongoing exam completion and professional development activities, if relevant.
What You Will Bring
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
  • Associate designation or near-associate completion from the CAS, IFOA, or IAI strongly preferred.
  • 5+ years of general insurance actuarial/pricing experience, including leadership of complex projects.
  • Expert Excel; advanced SQL and Python/R skills.
  • Proven ability to communicate effectively with senior leadership and regulators.
  • Strategic thinking and leadership; strong governance and risk management orientation.
  • Ability to influence and communicate effectively with executives.
  • Proven experience working with US based business teams.
  • Excellent written and communication skills in English language.
Working Hours

8 Hours (Excluding breaks)

4 Core US Hours Overlap (7:30pm– 11:30pm IST)

4 flexible hours (IST)

Workspace

A quiet space to work, an internet connection of at least 30 Mbps download | 10 Mbps upload

Application Window

The application window for this position is anticipated to close in 2 weeks (10 business days) from September 15, 2026. Please know this may change based on business and interviewing needs.

What You Will Get

Pay Range: 712,500 - 997,500 INR annually

Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets, job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.

Our benefits package will provide you with comprehensive coverage for your health, life, and financial well-being.

Our benefits include medical insurance, accident insurance and retiral benefits.

Our wellness programs include 12 company-paid holidays, 2 flexible holidays, privilege/earned leave, casual/sick leave, paid maternity and paternity Leaves, and weekly wellness events.

Culture & Values
  • No Jerks / No Egos
  • Be Ambitious
  • Solve Each Problem
  • Care Deeply
  • Together We Win

Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.

Equal Opportunity Employer

Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.

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