Senior Actuary Job at Vouch Insurance, Chicago, IL

T2lKcHNKZUdzMWhQZzFYK2p3djZoOUFmS0E9PQ==
  • Vouch Insurance
  • Chicago, IL

Job Description

About Vouch:

At Vouch, we believe business insurance should move at the speed of innovation. Legacy insurance providers can’t keep up with the emerging risks of high-growth companies, leaving clients stuck with outdated, rigid coverage.

Vouch is a modern insurance provider dedicated to the innovation economy. Backed by $185M in funding from world-class investors, we’re reimagining business insurance—just as Stripe transformed payments and Brex reimagined credit cards.

Our platform replaces complex, legacy processes with a streamlined, tailored approach to risk management. Advanced technology simplifies every step, while expert advisors negotiate coverage as dynamic as the industries we serve. With Vouch, clients get the right coverage at the right price—and a team that scales with them.

Why should you join our team and Vouch?

Not only is this an exciting and growing team where you can drive a real impact on our 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?

Vouch has employees located across the U.S., with offices in San Francisco, Chicago, and New York City. 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 creative, motivated, and innovative commercial P&C actuaries to expand our insurance products and be part of our growing actuarial organization.

This role reports directly to the Head of Actuarial and plays an integral role in shaping our insurance strategy. You will be responsible for delivering innovative actuarial solutions, pricing models and rate plans, reserving analysis, capital modeling, competitor analysis, and data analytics, all to support our mission of crafting the best insurance for those building the future.

Job Duties: 

  • Responsible for monthly rate indications, using results to evaluate and refine the proprietary pricing models for all lines of business, including Management Liability and Professional Liability

  • Provide strategic insights and recommendations to inform company pricing strategies and portfolio management, leveraging data such as conversion rates, retention rates, and other key performance metrics to optimize outcomes

  • Partner with underwriting to analyze and enhance risk selection criteria, policy terms, and rating variables

  • Collaborate with product development teams to design innovative insurance solutions that meet the evolving needs of clients

  • Build and maintain actuarial tools and dashboards to facilitate data-driven decision-making across functions

  • Communicate complex actuarial concepts and findings to non-technical stakeholders, including senior leadership 

About You:

  • 6+ years of actuarial experience (with 4+ years pricing experience), preferably in commercial P&C 

  • Adept at bringing creative insurance product ideas to solve ambiguous problems

  • Exceptional communication skills, with an emphasis on real-time interaction, either written or verbal

  • Ability to effectively manage multiple projects with the ability to prioritize high-impact work

  • Demonstrated ability to collaborate effectively across diverse teams and functions

  • Ownership mentality to drive projects from start to finish independently

  • Exceptional problem-solving skills and a proactive, solution-oriented mindset

  • Programming skills in SQL, Python, or similar languages, with experience in data analysis and visualization tools

Nice To Have:

  • ACAS or FCAS 

  • Reserving and/or Capital Modeling experience

  • Exposure to early-stage startups and/or high-growth environments

  • Experience with Management Liability and Professional Liability lines of business

Vouch provides several benefits to help you bring your best self to work:

  • 💰 Competitive compensation and equity packages

  • ⚕️ Health, dental, and vision insurance

  • 👶 Parental leave

  • 🌴 Flexible vacation time 

  • 🎨 🧠 Wellness allowance ($80/month)

  • 📲 🛜 Technology allowance ($100/month)

  • 📚 Professional Development ($500/Yr)

  • 💻 🎧 Home office setup (One-time $500)

  • 🏫 📈 L&D: Partnerships with Ethena and monthly Lunch & Learns

  • 🏳️‍🌈 ♀️ 🤝 Employee Groups: 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.

  • 🧘 💲 Wellbeing: Voucher’s have access to many wellbeing perks, including  Peloton, Fetch, OneMedical, SoFi, etc.

  • 📊 Bi-Annual performance reviews with quarterly check-ins: Vouch conducts bi-annual performance discussions with all team members, offering goal setting and check-ins, development discussions, and promotion opportunities.

What to expect in the interview process:

  • 30-minute phone call with our recruiting team

  • 30 minute Zoom interview with the hiring manager

  • Meet the team! 3-4 1:1 Zoom meetings with team members you’d work closely with in the role

Salary Range:

The pay range for this role is: $160,000 to $175,000 per year. 

Our salary ranges are based on paying competitively for our size and industry and are part of our total compensation package, which 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. 

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 .

Job Tags

Remote job, Home office, Flexible hours,

Similar Jobs

Jackson Physician Search

Outpatient Pediatrics FQHC | Near San Antonio TX | 250,000 Salary|JO-2412-11565 Job at Jackson Physician Search

If you're a pediatrician searching for an opportunity to give back consider working at this large Federally Qualified Health Center The Opportunity Join a thriving pediatrics practice of 5 physicians to provide care for a mostly underserved patient population...

Minneapolis Public Schools

School Secretary - (2024-2025) Cityview Elementary Job at Minneapolis Public Schools

 ...Below is specific information for you to consider about this position. Job Title: School Secretary - (2024-2025) Cityview Elementary and Requisition ID number: 102286 Close Date: Open until filled Organizational Unit: Cityview Elementary (10000016)... 

Archdiocese of Philadelphia

Mental Health Worker/Residential Aide- Women of Hope - Vine Job at Archdiocese of Philadelphia

 ...JOB DESCRIPTION JOB TITLE: Mental Health Worker / Residential Aide JOB CLASSIFICATION: Exempt Full-Time and Per Diem DEPARTMENT...  ...prepares, serves and cleans up from the supper meal; snack time * assists the women with the daily laundry schedule * assists in the... 

ULTA SALON

Stylist Job at ULTA SALON

 ...part of the transformation. GENERAL SUMMARY & SCOPE The Stylist is responsible for engaging with guests, consulting with them...  ...the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established... 

Eagle Eye Technologies

SAP PROJECT MANAGER Job at Eagle Eye Technologies

SAP Project Manager who has S/4 HANA experience Please send your resumes to: ****@*****.***