Pricing Actuary
Akur8 · United States
Job Description
Akur8 is a fast-growing InsurTech scale-up on a mission to redefine insurance pricing and reserving through transparent, high-performance modeling technology. Our SaaS platform uses transparent machine learning and predictive analytics to improve the speed, accuracy, and reliability of actuarial pricing and reserving. Built by experienced actuarial, product, and R&D teams, Akur8’s proprietary algorithms enable insurers to generate insights up to 10x faster than traditional methods, while maintaining full explainability and regulatory confidence. As our platform expands, we provide next-generation reserving capabilities, supporting an end-to-end approach to risk assessment and future claims anticipation. Recognized globally, Akur8 has been featured in:
- CB Insights’ Insurtech 50 - Top 50 InsurTech Companies 2025
- CNBC’s World Top 150 InsurTech Companies
- InsurTech100 Global - 100 Most Innovative Insurtech Companies
- Professional Equality Index (2025 score of 97/100)
- a teacher. You will lead proof of concepts with potential clients. During this process, you will need to clearly communicate complex actuarial concepts to both highly technical and non-technical audiences.
- creative. Akur8’s software is extremely powerful for traditional actuarial tasks, but a Pricing Actuary is expected to think beyond traditional applications and identify creative approaches to use various Akur8 features to answer ad hoc actuarial questions.
- a problem solver. During check-in meetings with clients, you will assist clients by quickly diagnosing any misalignments between an actuary’s potential use of the software and the underlying assumptions behind Akur8.
- a visionary. Akur8’s software is in a constant state of development, and feedback from the Actuarial team is essential to inform Akur8’s roadmap. A Pricing Actuary is expected to identify potential features or offerings that are beneficial to both the software and the industry, and work with our product team to best define the underlying problem and evaluate potential solutions.
- A minimum of 5 years of experience in a P&C / General insurance pricing role, as a Pricing Actuary, Actuarial Consultant, or equivalent; prior exposure to commercial and specialty lines is an advantage
- Broad insurance industry knowledge, including ISO products / ISO ERC
- Demonstrated experience recommending and filing rates, including developing rate indications, applying measurement methods and state-specific adjustments, and introducing or updating rating variables and factors.
- Experience across the rate filing and approval lifecycle, including responding to objections from state Departments of Insurance and avoiding common issues that can delay approval.
- Hands-on experience in actuarial ratemaking and rate deployment within a P&C or general insurance pricing environment.
- Ability to understand insurance business imperatives and translate them into practical, software-driven solutions.
- Curiosity and the ability to quickly understand prospects’ and clients’ ratemaking processes, identify their key requirements, and map them to functionality within the Akur8 platform.
- Ability to present ratemaking analyses and recommendations clearly to stakeholders with varying levels of technical expertise.
- A basic understanding of Data Science and Machine Learning techniques for predictive modeling; given the nature of this role, no coding is required, though familiarity with Python or R is considered a strength.
- Willingness and ability to travel for approximately one week per month, including visits to North American offices, client sites, and industry events
- Native or near-native fluency in English
- Competitive salary + annual bonus
- Health insurance , Dental and Vision coverage (including spouse and family coverage)
- 401K Company match
- Life insurance
- Cell Phone & Internet reimbursement
- 25 days of PTO/year
- Commuter benefit
- Gym membership via ClassPass
- IT equipment allowance
- Professional development & trainings
- Team fun: regular company gatherings and team events
Details
| Company | Akur8 |
| Location | United States |
| Type | FULL TIME |
| Niche | general |
| Experience | full-time |
