Chicago IL

Remote

Part Qualified

Associate

Qualified

Senior Actuary

Property & Casualty

Reserving

Python

Data Science

Pricing

Machine Learning

Excel

Vouch

About Vouch:Insurance... sounds slow, old-fashioned, and unexciting. Exactly. Insurance is broken, and it's failing fast-moving, innovative startups.Vouch is a new, technology-first insurance company backed with $185M in funding from world-class investors. Like Stripe for payments or Brex for credit cards, Vouch is creating the go-to business insurance for high-growth companies.We're doing this by making insurance fast, responsive, and focused on our high-growth and innovative customers. Instead of printed PDF applications and week-long waits, Vouch is building new technology to solve real problems, writing policies that actually cover relevant startup scenarios, and designing simple experiences in an otherwise frustrating industry.Why should you join our team and Vouch?Not only is this an exciting and growing team where you can impact our operational scalability, but Vouch is also the preferred insurance provider to customers of Y Combinator, Brex, Carta, and WeWork. We’re a quickly growing startup that believes in transparency and acknowledgment with our team members and cultivating a values-driven company. Our values are “Put People First,” “Listen, Challenge, and Grow,” “Face challenges head-on and win as a team,” and “Serve clients with integrity and excellence.”What does a work environment look like at Vouch?Location:This role is based in our Chicago office. We require the team members to be in the office at least two days per week (Monday and Thursday) to foster close collaboration and team building.Role Responsibilities:To deliver on this exciting category-defining product, we seek a creative, motivated, and innovative commercial P&amp;C actuary to expand our insurance expertise and lead our actuary function.As a key Insurance Operations leadership team member, you will play an integral role in shaping our insurance strategy. You will be responsible for delivering innovative actuarial solutions, pricing models and rate plans, competitor analysis, trend analysis, and data analytics all to support our mission of crafting the best insurance for those building the future. More broadly, you will be responsible for managing and continuing to build an actuarial organization.Job Duties:<ul><li>Establish and deliver best practices related to key model assumptions, pricing methodology, rate indications, key actuarial philosophies, loss trend analysis, and a return framework</li><li>Manage the actuarial team</li><li>Develop and implement pricing and planning methodologies, evaluate their ongoing effectiveness, and implement necessary changes</li><li>Oversee the reserving process and appointed actuary</li><li>Development of new pricing models, as well as ongoing refinement of existing pricing models</li><li>Oversee assisting the filing team with actuarial aspects of filings, including preparation of filings and responses to objections</li><li>Working closely with the VP, Finance to provide subject matter expertise on financial projections</li><li>Oversee and manage all actuarial projects</li><li>Engage outside actuarial firms as needed</li><li>Support reinsurance placements</li></ul>About you:<ul><li>15+ years of actuarial experience, preferably within commercial P&amp;C pricing</li><li>Fellow of the CAS (FCAS)</li><li>Experience building rate plans as well as exceptional Excel skills</li><li>Adept at bringing creative insurance product ideas to solve ambiguous problems</li><li>Exceptional communication skills, with an emphasis on real-time interaction, either written or verbal</li><li>Experience developing new rating methodologies</li><li>Ability to effectively manage multiple projects with the ability to prioritize high-impact work</li><li>Bachelor’s Degree</li></ul>Nice to have:<ul><li>Data analytics experience in AI and machine learning</li><li>Reserving experience</li><li>Reinsurance placement experience</li><li>Filing experience</li><li>Exposure to and passion for early-stage startups and/or high-growth environments</li><li>A background in insurance or other regulated categories</li></ul>Vouch provides several benefits to help you bring your best self to work:<ul><li>💰 Competitive compensation and equity packages</li><li>⚕️ Health, dental, and vision insurance</li><li>👶 Parental leave</li><li>🌴 Flexible vacation time (Unlimited PTO)</li><li>🎨 🧠 Wellness allowance ($80/month)</li><li>📲 🛜 Technology allowance ($100/month)</li><li>📚 Professional Development ($500/Yr)</li><li>💻 🎧 Home office setup (One-time $500)</li><li>🏫 📈 L&amp;D: Partnerships with Ethena, Hone, and weekly Lunch &amp; Learns</li><li>🏳️‍🌈 ♀️ 🤝 Employee Groups (ERGs, Committees, and Communities): Vouch supports various employee groups to foster an inclusive, equitable workplace and create affirming, empowering, employee-centered spaces for conversation, community, and support. These groups include Pride @ Vouch, Women @ Vouch, Black @ Vouch, Virtual Connections, Pop Culture, Pets of Vouch, Skincare, Astrology, Plants, etc.</li><li>🧘 💲 Wellbeing: Voucher’s have access to many wellbeing perks, including Calm, ClassPass, Headspace, Fetch, OneMedical, SoFi, etc.</li><li>📊 Annual performance reviews with quarterly check-ins: Vouch conducts quarterly review discussions with all team members, offering goal setting and check-ins, development discussions, and promotion opportunities.</li></ul>What to expect in the interview process:<ul><li>30-minute phone call with our recruiting team</li><li>30-45 minute Zoom interview with the hiring manager</li><li>Case study/technical screen</li><li>Meet the team! 30-45min 1:1 Zoom meetings with team members you’d work closely with in the role</li></ul>Vouch believes in putting our people first, and building a diverse team is at the front of everything we do. We welcome people from different backgrounds, experiences, perspectives, and ranges of abilities. We are an equal-opportunity employer and celebrate the diversity of our growing team.If you require reasonable accommodation to complete this application, interview, complete any pre-employment testing, or otherwise participate in the employee selection process, please direct your inquiries to recruiting@vouch.us.

About Vouch:Insurance... sounds slow, old-fashioned, and unexciting. Exactly. Insurance is broken, and it's failing fast-moving, innovative startups.Vouch is a new, technology-first insurance company backed with $160M in funding from world-class investors. Like Stripe for payments or Brex for credit cards, Vouch is creating the go-to business insurance for high-growth companies.We're doing this by making insurance fast, responsive, and focused on our high-growth and innovative customers. Instead of printed PDF applications and week-long waits, Vouch is building new technology to solve real problems, writing policies that actually cover relevant startup scenarios, and designing simple experiences in an otherwise frustrating industry.What does a work environment look like at Vouch?Vouch is a Virtual First Workplace with San Francisco, Chicago, and New York City office locations. This role can be based anywhere in the U.S. as long as you can work our Vouch core collaboration hours (8:30 am-2:30 pm Pacific Time.) when most internal meetings are held.Role Responsibilities:We are seeking a creative, motivated, and innovative commercial P&amp;C actuarial student or new ACAS to expand our insurance products and be part of our growing actuarial organization.This role plays an integral part in shaping our insurance strategy. You will be responsible for delivering innovative actuarial solutions, pricing models and rate plans, competitor analysis, and data analytics, all to support our mission of crafting the best insurance for those building the future.Job Duties:<ul><li>Develop, refine, and evaluate the effectiveness of proprietary pricing models across commercial and professional lines</li><li>Complete rate indication analyses and propose pricing changes to help the organization meet its profitability goals</li><li>Incorporate actuarial and data science techniques and methodologies to tackle a wide array of compelling problems</li><li>Assist the filing team in preparation of rate filings and responses to objections</li><li>Effectively collaborate across all functions at Vouch including underwriting, claims, marketing, engineering, product development, sales, and success</li></ul>About you:<ul><li>3-6 years of P&amp;C actuarial experience</li><li>Progression towards Associate of the Casualty Actuarial Society or new ACAS</li><li>Strong understanding of pricing actuarial techniques</li><li>Ability to think creatively and develop innovative solutions to complex problems</li><li>Excellent communication skills, with an emphasis on real-time interaction, both written and verbal</li><li>Ability to effectively manage multiple projects with the ability to prioritize high-impact work</li><li>Moderate proficiency with data science tools such as SQL, Python, or R</li><li>Highly proficient in Excel</li></ul>Nice to have:<ul><li>Exposure to and passion for early-stage startups and/or high growth environments</li><li>Reserving experience</li><li>Experience with professional and management liability lines of business and/or ISO-based products</li><li>Significant SQL experience</li></ul>Vouch provides a number of benefits to help you bring your best self to work:<ul><li>Competitive compensation and equity packages</li><li>Health, dental, and vision insurance</li><li>Parental leave</li><li>Flexible vacation time (Unlimited PTO)</li><li>Wellness allowance ($80/month)</li><li>Technology allowance ($100/month)</li></ul>Salary Range:The pay range for this role is: $100,000 to $130,000 per year.Our salary ranges are based on paying competitively for our size and industry and are one part of our total compensation package that also includes benefits and other perks.We also include stock options in all compensation packages and believe all Vouch employees should have the opportunity to become owners in the company.Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.Vouch believes in putting our people first, and building a diverse team is at the front of everything we do. We welcome people from different backgrounds, experiences, perspectives, and ranges of abilities. We are an equal-opportunity employer and celebrate the diversity of our growing team.

Actuarial jobs at Vouch