Senior Life Actuary
About The Position
Akur8 is a fast-growing InsurTech scale-up focused on redefining insurance pricing and reserving with transparent, high-performance modeling technology. With the launch of Akur8 Life, the company is expanding its mission to the Life Insurance market, offering purpose-built solutions for the complexities of life, health, and protection risk. Their SaaS platform utilizes transparent machine learning and predictive analytics to enhance the speed, accuracy, and reliability of actuarial pricing and reserving, addressing challenges like long-term liability horizons, mortality and morbidity modeling, and evolving regulatory expectations. Built by experienced actuarial, product, and R&D teams, Akur8's proprietary algorithms allow insurers to gain insights up to 10 times faster than traditional methods, while maintaining full explainability and regulatory confidence for frameworks like Solvency II and IFRS 17. The platform provides next-generation reserving and pricing capabilities for an end-to-end risk assessment across the full product lifecycle, including term and whole life, annuities, and health covers. Akur8 has received global recognition, including being featured in CB Insights' Insurtech 50, CNBC's World Top 150 InsurTech Companies, and InsurTech100 Global. The company boasts a diverse workforce with over 40 nationalities across 8 global offices, serving over 320 insurance clients on four continents. Akur8 is committed to diversity, equity, and inclusion, evaluating candidates based on skills, experience, and professional merit.
Requirements
- Fully qualified actuary (ASA/FSA) or equivalent with 7+ years of relevant actuarial experience
- Experience across a range of Life and Annuity products
- Experience with both STAT and GAAP regulations
- Hands-on experience working with one or more actuarial modeling platforms (Slope, Axis, ALFA, Prophet, etc.)
- Experience in Valuation, Product Pricing, and/or Asset/Liability Management
- Strong modelling skillset and interest in technology and tools (e.g. programming, AI, data visualization, etc.)
- Able to clearly communicate the expected benefits and values of the software, as well as to respond to objections from prospective customers in a sales setting
- Demonstrated ability to learn quickly (e.g. new software, actuarial concepts, etc.)
- Entrepreneurial mindset and desire to work in a rapidly growing company
- Excellent communication skills and the ability to work on a collaborative team
- Exceptional problem-solving skills and ability to think critically
- Detail-oriented mindset
- Fluent English language skills (both written & spoken)
Nice To Haves
- Experience building dashboard and reports using business intelligence / data visualization tools such as Sigma, Tableau, or Power BI
- Familiarity with SQL and database concepts
- Experience with Bermuda Reinsurance
- Experience in automating processes utilizing programming scripts, AI, etc.
- Ability to speak a 2nd language fluently
Responsibilities
- Be a client-facing subject matter expert providing model best practices guidance, onboarding, issue resolution, and feedback gathering for new and existing customers
- Run product demos and proof of concept pilots for prospective clients to demonstrate the capabilities and value of the SLOPE platform
- Perform the design, construction, and maintenance of Life models and reports across a range of Life, Annuity, and Health products
- Monitor local regulatory updates & translate to requirements for SLOPE models and reports, and highlight market opportunities for Akur8
- Contribute to Akur8’s actuarial thought leadership by attending industry conferences and giving presentations and webinars to support marketing efforts
- Recommend and help prioritize new platform features for the broader Akur8 Life team to incorporate with the goal of providing a superior customer experience
- Assist in other related areas of the business as necessary
Benefits
- Competitive salary + annual bonus
- Health insurance , Dental and Vision coverage (including spouse and family coverage)
- 401K Company match
- Life insurance
- Cell Phone & Internet reimbursement
- 25 days of PTO/year
- Commuter benefit
- Gym membership via ClassPass
- IT equipment allowance
- Professional development & trainings
- Team fun: regular company gatherings and team events
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What This Job Offers
Job Type
Full-time
Career Level
Senior
