Catastrophe Modeler

Not your everyday company

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.

At Lemonade, you’ll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.

Unlike most publicly traded companies, we’re nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don’t care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.

We’re built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don’t like spending our days in meetings and we skip committees altogether. At Lemonade, there’s no such thing as going over someone’s head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.

As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.

Awarded ‘best workplace’

Best Workplace and Best-Led Company by Inc. Magazine

“World Changing” by Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

Ranked #1 Home insurance in America

Won best renters and homeowners insurance in America by US News, and others

Best Pet Insurance in America

Rated “Best Overall Pet Insurance” by Better Homes & Gardens

Rated 4.9 ⭐ on the App Store

Among the highest rated apps of all time

What you’re applying for

We are looking for a skilled Catastrophe Modeler who is eager to revolutionize home insurance with us. Joining our Insurance and Data Science teams, you will be critical in modernizing our pricing discipline across every facet of Lemonade—from distribution and underwriting to claims, compliance, and finance.

Your work will directly ensure fairness and accuracy in our pricing, leveraging complex data and data science to optimize the customer experience. This role is essential for our continued product expansion into new states and scaling our profitable growth.

We believe three things matter for every role at Lemonade: drive to push through challenges, efficiency that keeps standards high while moving fast, and adaptability that lets you pivot with data and AI insights. These aren't buzzwords, they're how we actually work.

Our AI-first approach isn't just a tagline either. We're building the future of insurance with AI at the center, and we need people who are genuinely excited to learn and grow alongside these tools.

In this role you'll

• Own Catastrophe (CAT) pricing strategy, leveraging complex data to deliver state-specific recommendations

• Lead the development and integration of cutting-edge predictive modeling projects in close partnership with the Insurance and Data Science teams

• Craft comprehensive rate filing support for new machine learning models to ensure compliance and adoption

• Recommend proactive pricing and underwriting actions based on robust CAT models and analytics

• Build a deep knowledge base of competitor rating strategies and the overall competitive landscape

• Develop the rates and pricing strategy for product expansions in new states

• Assist in the design and development of internal pricing software to support real-time decision making and scalable growth

• Coach and mentor analysts, elevating the technical capabilities of the team

What you'll need

• 8+ years of statistical modeling experience

• Advanced experience developing and implementing predictive models using both supervised and unsupervised machine learning approaches such as GLM, decision tree, and gradient boosting machines

• Bachelor’s degree in Data Science, Economics, Mathematics, Statistics, Actuarial Science or a related field (or equivalent experience)

• Proficiency in data science programming languages such as R or Python (preferred), and database query tools such as SQL

• Ability to work in a remote environment

• Prior experience in the insurance industry is a plus

• Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture

*Please note that we are unable to sponsor applicants for work visas

Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico

Lemonade's US base salary range for this full-time position is $160,000 - $185,000 plus equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.

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Things to know…

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.