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Fetch Pet Insurance

Help your pet live a longer, healthier life.

Actuarial Data Scientist

Data ScientistData ScientistFull TimeRemoteSeniorTeam 201-500H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

2 days ago

Salary

$150K - $160K / year

Seniority

Senior

Professional Certificate5 yrs expEnglishPythonSQL

Job Description

Actuarial Data Scientist

Fetch Pet Insurance

• Develop price elasticity curves to forecast the impact of rating changes on policyholder retention and conversion, and assess their impact on customer lifetime value • Forecast policyholder retention and conversion for the portfolio based on pricing, operational changes, and business initiatives • Improve the risk segmentation sophistication of our rating plans by developing GLM-based rating factors (in R or Python) and applying advanced predictive modeling techniques • Build and maintain tools to monitor the performance of our existing rating plans and rate level over time, including loss ratio, conversion rate, churn, and lifetime value • Write advanced SQL procedures to pull from large, line item level veterinary bill databases • Estimate the impact of coverage and product changes on pricing • Analyze product design proposals to determine pricing viability, impact on enterprise risk, competitive positioning, and customer value • Stay highly informed on competitor filings to understand how our products and pricing stand relative to the market • Support rate filing and rate indication work, including the development of filings and responses to regulatory objections • Operate seamlessly with product, underwriting, marketing, BI, and IT teams, and communicate complex actuarial concepts to a non-actuarial audience • Propose creative ways to price innovative coverage concepts and ideas

Job Requirements

  • ACAS designation required (or ASA working in health insurance)
  • At least 5 years of experience working in an actuarial or data science P&C and/or Health insurance role
  • At least 2 years of experience in an actuarial ratemaking and/or pricing modeling role
  • Advanced knowledge of SQL is required
  • Strong knowledge of R and/or Python is required
  • Intermediate knowledge of Excel is required
  • Advanced knowledge of generalized linear models (GLMs) is required
  • Intermediate knowledge of elastic net GLMs, k-means clustering, and geospatial statistics is desirable
  • The ability to review and evaluate data for quality, completeness, and reasonability is required
  • Experience performing competitor filing research in SERFF is a plus
  • Comfortable or willingness to learn how to work with AI assisted coding tools, such as, Claude, GitHub Copilot, or Gemini
  • Excellent verbal, interpersonal and written communication skills; an excellent team player able to apply innovative ideas and critical thinking
  • Able to anticipate needs, innovate and flourish in a high-volume, fast paced environment.

Benefits

  • Comprehensive Medical, dental, and vision plan for you and your family
  • Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are available
  • Highly competitive 401(k) matching
  • Generous 20-day PTO Policy, with rollover options. Earn an additional day of PTO each year on your anniversary with Fetch, for a maximum of 30 days
  • Paid company (9) holidays, including (1) floating holiday
  • Fetch Pet Insurance discount - up to 50% off, up to $1,000 savings/year
  • Educational Assistance Program
  • Fetch Discount Perks Program
  • Volunteering - earn up to 8 hours per calendar year at nonprofit organizations
  • NYC Office Amenities: Pet-friendly environment, free lunch, snacks, and additional amenities; transit accessible
  • Employee Referral Incentive
  • Tuition Assistance
  • Commuter Benefits
  • Employee Assistance Program (EAP)

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