<div><h2><span></span></h2> <h2><span>Why Openly</span></h2> <p><span>Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc. </span></p> <h2><span>The Openly Difference</span></h2> <p><span>We created Openly because we saw an evident gap in the market for premium insurance made simple. Consumers deserve more complete coverage at competitive prices. </span></p> <ul> <li><span><span><strong>The Price Difference</strong>: </span>Using cutting-edge data and technology, we provide you with customizable, competitive prices to protect your most valuable assets.</span></li> <li><span><strong><span>The Policy Difference:</span></strong> Coverages are truly customizable to meet your individual protection needs, for both standard coverages and optional add-ons.</span></li> <li><span><span><strong>The Experience Difference:</strong></span> From tailored claims handling to highly responsive customer service, we are focused on making the home insurance purchasing process a better overall experience.</span></li> </ul> <h2><span>Welcome to your next adventure.</span></h2> <p>At Openly, our people are just as important as our product. For us, collaboration, communication, and work-life balance are more than nice-to-haves— they’re the must-haves that make us who we are. We believe a great company is the result of a shared set of values, so we look for these qualities in every candidate we hire. </p> <ul> <li>Integrity</li> <li>Empathy</li> <li>Teamwork</li> <li>Curiosity</li> <li>Urgency</li> </ul> <p><span>Weve designed our hiring process with you, the candidate, in mind. At every step, you have the chance to present your strengths and learn more about what makes Openly a great place to work.</span></p> <h2><span>Were committed to Diversity, Equity, &amp; Inclusion</span></h2> <p><span>We embrace individuality and believe diverse teams are winning teams. Our commitment to inclusion across race, gender, age, religion, identity, and experience drives us forward every day.</span></p></div><p><strong>Job Details</strong></p> <p>We are seeking an <strong>Actuarial Analyst</strong> to assist in both new product development and profitability review of current product offerings. The role is designed to leverage the latest technologies to help automate and expand our profitability and pricing management function. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.</p> <p><strong>Key Responsibilities </strong></p> <ul> <li>Drive state expansion by assisting in developing rating models, developing other customer-facing models, and supporting DOI inquiries</li> <li>Develop and expand product analytics capabilities to enrich understanding of Product Profitability.  Operationalize insights.</li> <li>Assist in producing formal actuarial deliverables as needed (rate indications, amendments to rating plan, reinsurance analysis, loss modeling, etc.)</li> <li>Design and enhance analytical frameworks and capabilities, in partnership with our Senior Research Actuary</li> <li>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.</li> <li>Continuously test and adopt newly available tools/capabilities to improve the scale and rigor of our actuarial capabilities</li> </ul> <p><strong>Requirements</strong></p> <ul> <li>2-4 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing</li> <li>Progress made towards ACAS/FCAS designations (preferably 3+ exams)</li> <li>Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity</li> <li>Python familiarity or interest to learn</li> <li>Strong communication skills</li> <li>Homeowners and/or Auto insurance experience is a plus.</li> </ul><div><div><div><p><strong>Compensation &amp; Benefits:</strong> </p> <p>The <strong>target salary range</strong> represents the budgeted salary range for this position.  Actual compensation for this position will be determined based on the successful candidates experience and skills. We are committed to providing a compensation package that not only reflects the responsibilities and requirements of the role, but also the unique expertise that the chosen candidate will bring to our team.</p></div><div>Target Salary Range</div><div><span>$73,600</span><span>—</span><span>$87,400 USD</span></div></div><div><div><p>The full salary range shows the min to max salary range for this position.  Actual compensation will be commensurate with experience and qualifications and determined based on various factors including the candidates qualifications, skills, and experience.</p></div><div>Full Salary Range</div><div><span>$69,000</span><span>—</span><span>$115,000 USD</span></div></div></div><div><p><span><strong>Benefits &amp; Perks</strong></span></p> <ul> <li><span>Remote-First Culture - We supported #remotelife long before it was a given. Well keep promoting it.</span></li> <li><span>Competitive Salary &amp; Equity</span></li> <li><span>Comprehensive Medical, Dental, and Vision Plan Offerings</span></li> <li><span>Life and disability coverage including voluntary options</span></li> <li><span>Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements<br />(Birthing parents may be eligible for additional leave through STD)</span></li> <li><span>401K Company Contribution - Openly contributes 3% of the employees gross income, even if the employee does not contribute.</span></li> <li><span>Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace</span></li> <li><span>Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity.</span></li> <li><span>Be Well Program - Employees receive $50 per month to use towards your overall well-being</span></li> <li><span>Paid Volunteer Service Hours</span></li> <li><span>Referral Program and Reward</span></li> </ul> <p><span>Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time.</span></p> <p><span>U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.</span></p> <p><span>Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a persons race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law.</span></p> <p> </p> <p><em><span>We strive to provide an exceptional applicant and candidate journey when you engage with us. In an effort to respond to applicants in a timely manner, we leverage AI to organize applications and resumes based on required and applicable skills and experience. To allow our applicants to drive their initial interview experience with us, we may leverage an AI-supported scheduling tool so you can choose when to meet with our team. While AI assists with efficiency, all hiring decisions are made by our team members. Rest assured, your data is protected according to privacy laws and company policies. Contact our recruitment team with any questions about our AI-assisted hiring process.</span></em></p></div>

Openly

Actuarial Analyst (Remote, US)

Openly

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