Summary
Openly is redefining the insurance experience by replacing complexity with clarity and modern technology. They are seeking an Actuarial Analyst II to assist in new product development and profitability review of current offerings, leveraging technology to enhance pricing management functions.
Responsibilities
- Drive state expansion by assisting in developing rating models, developing other customer-facing models, and supporting DOI inquiries
- Develop and expand product analytics capabilities to enrich understanding of Product Profitability. Operationalize insights
- Assist in producing formal actuarial deliverables as needed (rate indications, amendments to rating plan, reinsurance analysis, loss modeling, etc.)
- Design and enhance analytical frameworks and capabilities, in partnership with our Senior Research Actuary
- Develop efficient processes that support the integration of our analytical frameworks/capabilities into our day-to-day operations. Outputs include descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring
- Continuously test and adopt newly available tools/capabilities to improve the scale and rigor of our actuarial capabilities
Skills
- 2-4 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing
- Progress made towards ACAS/FCAS designations (preferably 3+ exams)
- Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity
- Python familiarity
- Strong communication skills
- Applicants must be currently authorized to work in the United States on a full‑time basis. This position is not eligible for employer visa sponsorship now or in the future
- Homeowners and/or Auto insurance experience is a plus
Qualifications
Must Haves
- 2-4 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing
- Progress made towards ACAS/FCAS designations (preferably 3+ exams)
- Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity
- Python familiarity
- Strong communication skills
- Applicants must be currently authorized to work in the United States on a full‑time basis. This position is not eligible for employer visa sponsorship now or in the future
Nice to Haves
- Homeowners and/or Auto insurance experience is a plus
Benefits
- Remote-first culture: We remain dedicated to a flexible work model.
- Comprehensive health coverage: Medical, dental, and vision plans tailored to you and your family.
- Life & disability insurance: Full coverage including voluntary supplemental options.
- Paid parental leave: Up to 8 weeks (320 hours) of paid parental leave for eligible employees (with additional disability coverage available for birthing parents).
- 401(k) company contribution: Openly contributes 3% of your gross income, regardless of whether you make personal contributions.
- Home office setup: A $1,500 upfront allowance to build your ideal remote workspace, plus a $75 / month internet stipend.
- Professional development: $2,000 annually to invest in courses, conferences, or resources to help you grow.
- "Be Well" program: A $50 / month stipend dedicated to your personal health and wellness.
- Volunteer hours & referral rewards: Paid time off to give back to your community, plus generous financial rewards for referring great talent.