What are the responsibilities and job description for the Actuarial Analyst position at AKKO?

Hey there! We're AKKO - a venture funded & fast-growing insurtech company with a passionate, solution-forward, and collaborative team focused on disrupting the device insurance space.

Our mission is simple - Leveraging technology to make protecting people's tech easier and more affordable. Most people's lives have become tech-centric and AKKO provides customers with peace of mind that their tech is safe guarded in a transparent and seamless way. Backed by amazing investors such as Mundi, Fika, and Pear, we are just getting started!

We are seeking a highly analytical and detail-oriented Actuarial Analyst to dive deep into data, statistics, and risk analysis to help shape our insurance products. You will bring your love for numbers and strong statistical knowledge to analyze complex datasets and deliver actionable insights. This is an exciting opportunity for someone with a numbers background, who enjoys leading initiatives and thrives in a startup environment with a desire to grow into a Director role over time.

THE DAY-TO-DAY

Analyze and interpret insurance risks, with a strong focus on the statistical relationships that affect risk outcomes. Provide insights into device protection risks, pricing strategies, and trends in insurtech.
Develop and maintain statistical models to analyze financial exposure, risk, and performance of insurance products. Use advanced data science techniques, such as predictive modeling, machine learning, and hypothesis testing to uncover trends and inform decision-making.
Collaborate cross-functionally with teams such as Product, Engineering, and Finance to build out actuarial functions and initiatives.
Work alongside data analysts to ensure our actuarial models are aligned with the company's long term goals for data and machine learning. Create solutions to improve our systems and processes.
Ensure that all actuarial work complies with insurance regulations and industry standards, adapting to changes in the insurtech landscape.
Coordinate with underwriting partners around data organization and alignment.
Prepare and present reports and analysis to senior management, underwriters, and other stakeholders.

WHAT MAKES YOU QUALIFIED

Minimum of 4 years of experience working in actuarial analysis, data science, or pricing and underwriting, within the insurance industry, preferably within a startup environment

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, Finance, Accounting, or a related field.

Proficiency in statistical modeling techniques (e.g., regression analysis, hypothesis testing) and understanding of financial exposure and risk metrics.

Experience with tools such as Python, R, SQL, or other statistical software as well as data modeling / analysis tools like Looker, PowerBI. Advanced knowledge of Excel.

Strong analytical mindset, with a passion for diving into numbers and making data-driven decisions.

Familiarity with actuarial processes (pricing, reserving, risk assessment).

Strong organizational and project management skills.

Demonstrated ability to lead initiatives, build out processes or functions from scratch, especially in a startup or fast-paced environment while working cross functionally.

Excellent organizational and time management skills.

Ability to adapt to a fast-paced, dynamic startup environment and contribute to a positive and collaborative culture.

Proactive and solution-forward, bias for action.

The base salary for this position ranges from $80,000 to $110,000. Individual compensation varies based on job-related factors, including business needs, experience, level of responsibility and qualifications.

WHY YOU'LL LOVE IT HERE

Unlimited vacation

Paid sick time

Competitive health benefits, including medical, dental and vision insurance

Robust 401k program - to invest in your future

Monthly wellness stipend (e.g., gym yoga, meditation, etc..) - we value your well-being

Monthly treat yourself stipend - dinner on us!

Remote workspace stipend - Work from home or from a shared workspace - you decide.

Paid volunteer time - giving back to our community is important to us!

Annual learning credit -explore personal interests that excite you.

and so much more!

WHAT ELSE ARE WE LOOKING FOR?

Our team is fostered around our core values :

Collaborate- Work together to be more effective, lift up others, and win together

Aim High- Set ambitious goals

Embrace Diversity- Seek different perspectives, bring our true self to work

Customer Love- Serve the end user and listen to them

Nurture Empathy- Listen and strive to truly understand others

Take Action- Be proactive, be an owner, value speed

Maintain Integrity- Build the AKKO you are proud to work at

Data Driven- Use data to iterate, find truth

CCPA disclosure notice at getakko.com / legal

Salary : $80,000 - $110,000

Apply for this job

Receive alerts for other Actuarial Analyst job openings

Actuarial Analyst

What are the responsibilities and job description for the Actuarial Analyst position at AKKO?

What is the career path for a Actuarial Analyst?

Not the job you're looking for? Here are some other Actuarial Analyst jobs in the New York, NY area that may be a better fit.

We don't have any other Actuarial Analyst jobs in the New York, NY area right now.

AI Assistant is available now!