Coalition Logo

Coalition

Associate Actuary

🌎

Any location, Canada

1w ago
👀 6 views
📥 0 clicked apply

Job Description

Remote

About us

Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines broad insurance coverage with a digital risk assessment and continuous security monitoring to help organizations protect themselves in today’s hyper-connected world.

Opportunities to make an impact with bold thinking are real - and happening daily.

About the role

Coalition is looking for an actuary to help build out a world-class pricing team. This role comes with a significant amount of ownership and demands a high level of technical skill paired with strong communication. You will be responsible for many key actuarial pricing functions across the cyber and executive risk lines; including loss model development, rate development, rate indications and trend analyses. You will also be responsible for pricing new insurance products. Additional focus areas include assisting with one-off analyses and cross-team collaboration to develop new ways to model and understand risk, with an ongoing goal to improve efficiency in our processes. 

The cyber market has unique challenges from a modeling and pricing perspective. We’re looking for someone who likes to take challenges head on, that is curious and able to think outside of the box to build models from the ground up using advanced statistical techniques while relying on a strong insurance foundation to guide decisions. You should enjoy working with complex data, data scientists & actuaries, understanding business context, and having your contributions directly impact our company’s core profit and loss metrics.

Responsibilities

  • Core pricing responsibilities include:
    • Development, maintenance and communication of actuarial rate indications and the underlying pricing assumptions.
    • Build and maintenance of our rate manuals, ensuring rate adequacy and favorable risk selection
    • Pricing of new insurance product supported with advanced actuarial techniques
    • Automation and enhancement of actuarial processes 
    • Development of risk controls, including price monitoring and early warning indicators
    • Development of tools to assess pricing rates & business performance, including UI dashboards
    • Perform, document and present ad hoc quantitative analysis
    • Seek innovative opportunities to enhance our pricing accuracy through new data, features or modeling techniques
  • Straddle the worlds of insurance, data science, engineering and security experts to shape the most suitable data-driven solutions
  • Act as an ambassador to improve price transparency through strong collaboration with all relevant partners

Skills and Qualifications

  • 7+ years of pricing experience
  • Has completed 5+ Actuarial Exams
  • Undergraduate degree in Actuarial Science, Data Science or any other related field
  • Strong programming skills in R, Python, and/or SQL
  • Excellent communication skills including ability to vulgarize complex technical concepts to non-technical audiences
  • Ability to take ambiguous problems and solve them in a structured data-driven way
  • Intellectual curiosity and an interest in our mission of solving cyber risk
  • Strong understanding of actuarial pricing concepts
  • Ability to work efficiently in a fast paced environment, be creative and think outside the bo

Bonus Points

  • ACAS or FCAS designation
  • Cyber and/or executive liability experience 
  • Experience in predictive modeling
  • Ability to build transactional data pipelines
  • Master degree in Data Science or Actuarial Science
  • Ability to build UI/UX design

Perks

  • 100% medical, dental, and vision coverage
  • Flexible PTO
  • Annual home office stipend and WeWork access
  • Mental & physical health wellness programs like Headspace, Lumino, and more!
  • Competitive compensation and opportunity for advancement

Why Coalition? 

We’re a remote-first, mission-driven team committed to building a more inclusive culture with people of all different backgrounds. We trust our team members to take responsibility, share ownership, and put in the work to help us in our pursuit to solve digital risk.

Coalition’s exceptional growth stems from its ability to address real-world problems for organizations of all sizes and remain true to our founding values of character, humility, responsibility, purpose, authenticity, and inclusion. 

We’re always looking for collaborative, inquisitive individuals to join #OurCoalition.

Visit our Newsroom > 

 

Privacy Notice

Coalition is committed to protecting your privacy and handling your personal information responsibly. We collect, use, and store personal information as necessary for the recruitment process and in compliance with applicable privacy laws and regulations in all regions where we operate. We want you to understand what personal information we collect, how we use it, and your rights regarding access, correction, and deletion of your data where applicable. Information submitted, collected, and processed as part of your application is subject to Coalition's Privacy Policy. For further details, please review our full Privacy Policy or contact us with any questions regarding how your information is handled.

Our Privacy Policy > 

 

Anti-Discrimination Notice

Coalition is proud to be an Equal Opportunity employer. Our policy is to provide equal employment opportunities to all individuals, without discrimination or harassment on the basis of any characteristic protected by applicable laws in each country where we operate. This commitment includes, but is not limited to, ensuring equal treatment in recruitment, selection, training, promotion, transfer, compensation, and all other aspects of employment. Coalition does not tolerate discrimination or harassment of any kind, and we are dedicated to fostering an inclusive and supportive workplace.

 

Accommodations

Coalition is committed to providing reasonable accommodations to qualified individuals with disabilities, including applicants and employees, in accordance with applicable laws and regulations in each country where we operate. Our policy is to support equal opportunity in the hiring process by considering qualified applicants regardless of disability or other protected characteristics, unless providing accommodation would impose an undue hardship or disproportionate burden. If you require accommodation to complete an application, interview, pre-employment testing, or participate in the selection process, please contact us at candidateaccommodations@coalitioninc.com. We also consider all qualified applicants, including those with criminal histories, in line with applicable laws and regulations in each jurisdiction.

 

To all recruitment agencies: Coalition does not accept unsolicited agency resumes. Do not forward resumes to our email alias, employees, or other physical or virtual organization locations. Coalition is not responsible for any fees related to unsolicited resumes.

More Jobs at Coalition