Lead Actuary

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Lead Actuary 

A unique opportunity for a seasoned actuary to take the driver seat at a rapidly growing scale-up. Take responsibility for our innovative pricing and make insurance affordable

Full-time · Amsterdam

Join the revolution to free entrepreneurs

Commercial insurance needs to change. Insify was born out of our frustration with how traditional insurers operate and how much it actually costs to small businesses to get a decent safety net. Whereas fintechs have permanently reshaped the finance industry, tech is only getting started with insurance…and the opportunity is huge! We are well underway to reshape the “dull” and “tedious” image of insurance to easy, reliable and affordable (yes, really!).

We are a tech company at heart, building our own insurance platform. We extensively rely on data (API integrations, automated workflows, rule engines, natural language processing, machine learning) to figure out how to best way to get (and keep) our customer’s companies insured at a fair price. Combine that with our fully online portal, real attention to UX, and leading underwriting, then getting your business insured may just become a fun experience.

About Insify

  • We’re a team led by seasoned entrepreneurs who have built successful businesses in fintech and e-commerce (HelloFresh, Bloomon, SumUp, and Blendle to name a few!) as well as seasoned insurance experts who are super keen to disrupt the industry
  • We raised a €15M Series A round from one of the leading investors worldwide: Accel Ventures (think Facebook, Slack, Etsy, Spotify…and the list goes on)
  • We’ve already grown a strong customer base in The Netherlands & Germany and we are rapidly expanding to the rest of Europe
  • We sell our very own Insify insurance coverages by partnering with Munich Re, the #1 global reinsurer (and quite a few more coming up soon)

What you'll be doing

As Lead Actuary, you’ll be joining our product team to build out advanced pricing models and manage rate levels continuously to change for good how entrepreneurs take out and trust their insurances across Europe.

You master price modeling and continuous portfolio optimization, leveraging both traditional & innovative data for lines ranging from Property & Casualty to Life & Health. But the story does not stop at the models, you actively engage & negotiate with our partners to ensure our insurances remain affordable and our portfolios healthy.

A day in the life of Lead Actuary:

  • Build technical pricing models to identify, analyze, and interpret trends using statistical techniques
  • Perform some research to complete our knowledge base of competitor rating strategies and overall competitive landscape
  • Conduct detailed actuarial analyses (working with partial data) to produce commercially insightful analysis for our partners
  • Align with internal product managers and external insurers regarding our rating plans and rate indications
  • Support our Tech Team in creating the implemented version of calculators and pricing configurations
  • And keep the flow going by identifying areas for pricing and underwriting action based on ongoing monitoring of results!

What you'll need

Below we share a list of qualities that we’re looking for. Research shows that some people, often women or other diverse groups, do not apply when they can’t reply YES to everything on the list. That’s why we’d like you to consider this list as a guideline and not as a requirement.

We are looking for amazing humans, not someone who ticks ALL boxes. So if this role seems like something for you, go ahead and apply! Let’s discover together if it could be your next journey.

You have seen your fair share of price modeling and know how to work with partial/complex data. You like to learn and stay on top of actuarial and data science. You don't stop until the products are live and optimized.

  • You have a solid track record of achievement within an insurtech or insurer: 5+ years of experience in a similar role
  • Bachelor or Master degree in Actuarial Science, Mathematics, Statistics or related field
  • Building and testing P&C and/or L&H models is your daily bread and butter
  • You have a burning desire to generate and design new pricing models though data-driven approaches
  • Programming skills in Python/R are considered a plus
  • You engage proactively and are a great negotiator
  • You are curious by nature, have great attention to detail, and love to make things better

What we offer

  • Unparalleled opportunities for (professional) growth - this will be the ride of a lifetime (build your own team)

  • Be in the driver seat at a rapidly growing scale-up going international. Taking responsibility for a unique data-driven insurance platform
  • Work with highly experienced and dedicated entrepreneurs within an international team (12 nationalities!). English is our language, Dutch not required
  • Work in a start-up setting, yet in cooperation with the largest reinsurer(s) in the world
  • Permanent full-time position, competitive salary (and Friday drinks if that's your thing)
  • Remote-friendly culture, with a hip Amsterdam office/ co-working space

Still reading? Apply now!

Do you want to join our team as our new Lead Actuary? Then we'd love to hear about you!