Lead Pricing Actuary

Soter Insure; New York (NY); Hybrid; USD 120,000 - 160,000; Full time

Job summary

Soter Insure is seeking a Lead Pricing Actuary to develop innovative pricing models for the Web3 ecosystem. This role requires technical expertise and creativity to shape insurance solutions for institutional clients in the digital asset economy. Join a fast-growing startup and help redefine risk management in a rapidly evolving industry.

Benefits

Flexible, hybrid culture

Competitive compensation

Equity opportunities

Qualifications

• 5+ years of pricing experience in Property & Casualty Re/Insurance.
• Proficiency in Python, Julia, R, Excel, or computational statistics.

Responsibilities

• Develop and refine pricing models for innovative insurance products.
• Research and collaborate to develop rating factors using alternative data sources.
• Perform profitability analysis and monitor underwriting results.

Skills

Analytical mindset

Communication skills

Understanding of blockchain technology

Education

Associate or Fellow of the Casualty Actuarial Society

Fellow of the Institute of Actuaries

Tools

Python

Excel

R

Julia

Job description

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.

Soter is a fast-growing start-up backed by trusted investors in both Web3 and traditional finance. With offices in Bermuda, New York, Dubai & London, Soter operates on a global scale.

About the role

As Soter’s LeadPricing Actuary, we are seeking an individual who combines both technical acumen and creative problem-solving to help us build pricing models and frameworks from the ground up. The right individual will thrive in a dynamic environment and is eager to help shape the future of insurance for institutional clients in the digital asset economy.

This role will report to our Head of Underwriting and may be based in either Bermuda, New York, Dubai & London. The compensation package for this role will include a competitive base salary, equity, and more. The final package will be determined based on location, experience, and demonstrated skills.

What you'll do

• Develop and refine pricing models and methodologies for innovative insurance products including but not limited to loss of digital assets & 3rd party liability risks as well as bespoke and novel products
• Research and collaborate cross-functionally to develop rating factors using alternative and proxy data sources (e.g., on-chain analytics, smart contract audits, governance data)
• Create and maintain actuarial models for rate indications and parameterization for internal capital models
• Perform profitability analysis, monitor underwriting results and create actual vs expected dashboards
• Design flexible pricing strategies and deal structures that adapt to emerging risks and market volatility in the crypto ecosystem
• Stay current with trends in blockchain, digital assets, and decentralized finance to inform risk assessment strategies

Qualifications

• 5+ years of pricing experience in Property & Casualty Re/Insurance, ideally with exposure to specialty or financial lines or treaty pricing
  
• Proficiency in Python, Julia, R, Excel, or computational statistics; familiarity with actuarial tools like Emblem, Radar, or Prophet is a plu s
  
• Strong understanding of insurance pricing methodologies, credibility theory, and portfolio risk management
  
• Analytical mindset with experience handling limited or nontraditional datasets
  
• Familiarity with or strong interest in blockchain technology, DeFi, crypto trading, and/or staking mechanisms
  
• Excellent communication skills and ability to work cross-functionally in a fast-paced startup environment

Nice to Haves

• Associate or Fellow of the Casualty Actuarial Society (ASA/FCAS) or Fellow of the Institute of Actuaries (FIA) or Fellow of the Faculty of Actuaries (FFA) or equivalent actuarial designation
• Experience pricing insurance products in emerging or underserved markets
• Background in crypto, cybersecurity, fintech, or risk consulting
• Understanding of regulatory implications related to crypto insurance
• Experience in captives and alternative risk transfer solutions

Why Join Soter?

• Help build a first-of-its-kind insurance company in a rapidly evolving industry
  
• Work with a team of crypto-native professionals and insurance innovators
  
• Flexible, hybrid culture with competitive compensation and equity
  
• Opportunity to redefine how risk is priced in the decentralized economy