Openly is looking for an Actuarial Analyst to join our team. In this remote US role, you will support the development of new products and analyze the profitability of our current offerings. The position is designed to use modern technology to automate and grow our pricing and profitability management capabilities.

What You'll Do

Drive state expansion by assisting in developing rating models and other customer-facing models, and supporting DOI inquiries.
Develop and expand product analytics capabilities to enrich understanding of product profitability, and operationalize insights.
Assist in producing formal actuarial deliverables, such as rate indications, amendments to rating plans, reinsurance analyses, and loss modeling.
Design and enhance analytical frameworks and capabilities in partnership with our Senior Research Actuary.
Develop efficient processes to integrate analytical frameworks into day-to-day operations, producing descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring.
Continuously test and adopt new tools to improve the scale and rigor of our actuarial capabilities.

What We're Looking For

2-4 years of experience in insurance pricing, preferably in personal lines.
Progress made towards ACAS/FCAS designations, with 3+ exams preferred.
Strong technical skills in SQL and analytical abilities, capable of developing quantitative analyses through data manipulation and operating effectively in ambiguous situations.
Strong communication skills.

Nice to Have

Familiarity with Python or interest in learning.
Experience with Homeowners and/or Auto insurance.

Technical Stack

SQL
Python

Team & Environment

You will work in close partnership with our Senior Research Actuary.

Benefits & Compensation

Competitive salary with equity included: $73,600 - $87,400 USD (Target Range); $69,000 - $115,000 USD (Full Range).
Remote-First Culture.
Comprehensive Medical, Dental, and Vision Plan Offerings.
Life and disability coverage including voluntary options.
Paid Parental Leave: up to 8 weeks (320 hours).
401K Company Contribution: Openly contributes 3% of the employee's gross income.
Work-from-home stipend: $1,500 allowance.
Annual Professional Development Fund: $2,000 per year.
Be Well Program: $50 per month.
Paid Volunteer Service Hours.
Referral Program and Reward.

Work Mode

This is a fully remote position for candidates located in the United States.

Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law.