Lead Actuary

Hi I’m Jeff, one of the founders and currently lead pricing and underwriting at Sola. We’ve developed a completely new policy structure that allows us to insure properties that current carriers can’t, and we’re backed by some of the world’s leading reinsurers.

We’re on a mission to create unprecedented simplicity and predictability in insurance. We recently closed our seed round and are looking to bring on underwriting talent to quickly expand and manage our coverage options.

I’m excited to learn more about how you’ll apply your experience to our unique underwriting approach. 

Thank you for your interest, and I look forward to meeting you,

Jeff

About the role:

As the Lead Actuary at Sola, you will be responsible for maintaining and developing the technology, pricing, actuarial support, and reporting of our insurance products. You will work closely with the sales team to identify market opportunities along with the development team to build visual models of our product performance. You will lead the expansion of our products into higher limits, commercial lines, and other natural disasters.

You will need to be comfortable communicating with underwriters at partnered and prospective reinsurers – understanding the work we need to accomplish to develop the partnerships.

This position will be onsite at Atlanta, GA

About Sola:

In the last few years, millions of home insurance policies suddenly skyrocketed by 3 or 4 times due to market instability. As a result, Sola launched the only affordable and reliable wind/hail coverage in the entire market.

Our mission is to provide the most reliable and affordable insurance ever created. With premium only based on your property risk, not claims history or personal details, this results in fair, consistent pricing for every customer. As Sola solidifies their position in the market as the only go-to solution for this issue, it aims to expand across all types of natural disasters and property-related risks.

Curious about what our insurance agents think? Check out their thoughts here: https://youtu.be/I3G5RSf416c?si=7Iw2yE339W3hM0DX

What you bring:

• Eagerness to Grow: You’re a self-starter who’s excited about expanding your responsibilities. Whether it’s taking on new challenges or stepping outside your comfort zone, you excel in a role where every day brings something different.
• Entrepreneurial spirit: You thrive in a startup environment where you can take initiative and think creatively. You're not just looking for a job, you’re eager to make an impact and grow with the company.
• CAT Modeling Experience: 2-5 years of experience working with traditional CAT Modeling software (e.g. RMS, AIR)

What you will do:

• Build relationships with reinsurance partners: You’ll be expected to take meetings with existing and prospective reinsurance partners to source capacity.
• Manage the expansion of our product: You’ll manage the development of our product. You’re expected to identify and execute on market opportunities for growth.
• Build actuarial models: You will build proprietary actuarial models to provide support for our products. 
• Navigate regulations: You will identify and complete regulatory requirements around product development.

Benefits:

• Competitive salary with bonus ($100k-$140k)
• Benefits package that includes health (Medical, dental, & vision) insurance, unlimited paid time off, and more. We want you to thrive here!
• Stock options
• A dynamic and vibrant work culture that promotes personal growth, collaboration, and risk-taking