Actuary

Cover Genius; United States; Hybrid; USD 115,000 - 145,000; Full time

Benefits offered by this job

Hybrid work model

Stock options

Global offices

CG Gives program

Job summary

Cover Genius is seeking an Actuary for the Americas team to lead pricing support, segmentation and portfolio management across its growing insurance products. You will collaborate with underwriters and internal stakeholders to propose data-driven changes and optimize value.

You will analyze pricing reviews, monitor book performance across product verticals, and build dashboards with data science teams to support strategic decisions and profitability.

Qualifications

• Degree in Actuarial Science, Mathematics, Statistics or Data Science.
• Associate or Fellow Qualified actuary.
• 5+ years of actuarial experience in the property & non-life insurance industry.
• Strong technical, analytical and mathematical skills.
• Strong SQL and Excel skills. Programming skills in R and/or Python desirable
• Proven ability to foster and develop relationships with key external and internal stakeholders
• Excellent written and verbal communication and presentation skills, with the ability to interpret and communicate data to a variety of technical and non-technical audiences
• Excellent organisational skills and the ability to independently take initiative on projects.

Responsibilities

• Produce pricing, risk management and product recommendations.
• Contribute to development and implementation of new products through initial pricing and underwriting guidelines.
• Support insurance partnerships with rate development reviews and loss ratio monitoring.
• Collaborate with Data, Platform, and Data Science teams to design and develop products.
• Provide insights to stakeholders to support relationships with partners and carriers.
• Demonstrate a proactive approach with stakeholders and address concerns.
• Identify opportunities to improve processes to address inefficiencies and risks.
• Develop skills in data and modelling software to support pricing and dashboards.
• Build and own dashboards for market segments to monitor loss ratio.

Skills

SQL

Excel

R/Python

Actuarial exp

Stakeholder mgmt

Communication

Education

Actuarial degree

A/F actuary designation

Job description

About The Company

Cover Genius is a Series E Insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Hopper, Skyscanner, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee.

Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year. Our team and products have been recognized with dozens of awards including by the Financial Times who ranked Cover Genius as the #1 fastest growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commits itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.

Our People are Bold, Authentic, Purposeful and Inspired

Our People are not Perfect, Traditional, Complacent or Cautious

About The Role

As an Actuary within our Americas Team, you will play a key role in pricing support, segmentation models, and portfolio management to provide recommendations in support of our growing range of insurance products. You will work closely with our internal stakeholders to recommend innovative solutions to our partners, as well as external stakeholders such as underwriters to discuss portfolio results and propose changes.

To drive success in this role, you should be naturally curious about our insurance products and the suite of available data, leveraging your analytical skills to drive high impact changes in our products. You will perform pricing reviews and monitor the book of business across product verticals and underwriters with a clear goal of optimizing value for Cover Genius.

Regular cooperation with our Insurance Product, Compliance, Data & Analytics, Customer & Claims and Partner Services teams is essential to guarantee operational excellence, cost efficiency, and a positive impact on CG’s profitability, program sustainability and end customer experience.

Key Responsibilities

• Utilize knowledge of actuarial pricing methodology and concepts to produce pricing, risk management and product recommendations
• Contribute to the development and implementation of new products through initial pricing and underwriting guidelines
• Support the insurance partnerships teams with ad-hoc and scheduled reviews of rate development, loss ratio monitoring and product development stages
• Work closely with the Data, Platform, and Data Science Teams to design and develop our unique insurance products
• Provide insights to internal and external stakeholders to support insurance partners, internal insurance carrier and reinsurer relationships
• Demonstrate a positive and proactive approach with stakeholders and address their concerns
• Identify opportunities to continuously improve processes to address inefficiencies and risks
• Develop skills in relevant data and modelling software to contribute for development and implementation of best practice in pricing, modelling and dashboards.
• Build and own dashboards for different market segments to monitor loss ratio

What You Will Bring

• Degree in Actuarial Science, Mathematics, Statistics or Data Science
• Associate or Fellow Qualified actuary
• 5+ years of actuarial experience in the property & casualty/non-life insurance industry
• Strong technical, analytical and mathematical skills.
• Strong SQL and Excel skills. Programming skills in R and/or Python skills desirable
• Proven ability to foster and develop relationships with key external and internal stakeholders
• Excellent written and verbal communication and presentation skills, with the ability to interpret and communicate data to a variety of technical and non-technical audiences
• Excellent organisational skills and the ability to independently take initiative on projects.
• Ability to adapt quickly to a start-up pace environment and culture

What You Will Have

• Self-starter attitude that actively seeks out interesting problems to solve
• Driven, energetic, and approachable to non-actuaries
• Excellent attention to detail
• Professional approach and confident manner
• Desire to innovate with the ability to think outside-the-box to make improvements

Why Cover Genius?

Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?

• Flexible Work Environment - our teams are hybrid. We work from home on Wednesdays and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.
• Global company, with the opportunity to work from any of our offices for 4 weeks a year
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!

Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!

• Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.

By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes. To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated. We will keep your information on file for three years from the date of your application. For detailed information about how we handle your data and our use of AI, please review our full Privacy Policy.

• The cash compensation range for this role is $115,000- $145,000. Compensation will vary based on experience.