Actuarial Data Scientist

Akur8 is a young, dynamic, fast growing Insurtech startup that is revolutionizing insurance pricing with transparent AI.

Since 2016 our skilled R&D team of Data Scientists, Software Engineers and Actuaries has developed unique AI algorithms that automate the insurance pricing process in an unprecedented way.

Our solution is a SaaS platform which allows insurance companies to model their risks 10 times faster, with a higher predictive power than traditional methods. constituting a major game changer for the insurance industry.

Akur8 has been already been selected:

• In CB Insights Top 50 World Insurtech Companies 2023
• In Insurtech Global’s Top 100 AIFinTech list 2023
• In Fintech Global’s Top 100 AIFinTech list 2023
• As No.24 in Sønr’s World Top 100 Insurtech Companies 2022

With 31 nationalities within our team, and offices in Paris, London, New York, Tokyo, Milan & Cologne, Akur8’s solution is international by design. Servicing 130 clients across 4 continents and targeting all non-life insurance carriers, we focus on more mature markets for faster expansion.

To learn more about Akur8, and what we do, click here.

Akur8 is, in all senses of the term, an equal opportunities employer. Akur8 puts diversity and inclusion at the heart of its values. We examine all applications based on equal skills and applying the principles of non-discrimination.

Becoming an Actuarial Data Scientist is the ideal opportunity to influence the usage of cutting edge advanced machine learning technology in the insurance industry and to have a visible effect on the product roadmap of one of the world’s foremost insurtech companies.

This position interacts with our Sales, Product and R&D departments in various ways. As an Actuarial Data Scientist, you will act as a subject matter expert, assisting the sales team to find the best use cases for Akur8’s software to provide the highest value to each client’s unique business practices.

You will also work with the Product team to recommend new features that might benefit our clients, and also with our R&D team to explore new applications of machine learning in the insurance industry.

You will be in direct technical reference with client contacts such as Heads of Pricing, Heads of Product, CTOs, Actuaries and Data Scientists.

You will lead product demonstrations with various audiences and oversee Akur8 proof of concept projects in an actuarial consultant type of role.

In addition to these technical client-facing responsibilities, you’ll also be able to impact on the design of product training, improvement of model development, as well as leading technical after-sales projects by providing modeling and actuarial support during sessions with clients.

Finally, you’ll also contribute to white papers and participate in / present at conferences to establish the leadership of Akur8 in France and other markets.

You’ll be attached to our Paris office, and traveling for business events will be required (approximately one week per month).

The successful candidate must meet each of the following criteria in order to be considered for this position:

• A minimum of 3 years experience in a P&C / General / Health insurance pricing role as a Pricing Actuary, Actuarial Consultant or Data Scientist (it is, however, important to stress that even if the role is deeply technical, no coding is involved, with the emphasis being rather on model development) ;
• Ability to understand insurance business imperatives and establish solutions in accordance with them ;
• A strong understanding of Data Science and Machine Learning techniques for predictive modeling ;

• Experience in actuarial data-driven predictive modeling (GLMs / GAMs) & risk analysis in a P&C / General insurance pricing role ;

• Strong communication skills in order to elaborate on complex technical concepts to both technical / non-technical audiences ;

• Readiness to travel when required (approximately one week per month) ;
• Native-level of French
• Fluent English language skills.

Important: You must possess an employment status: French or Schengen area nationality or a ‘carte de séjour’ that will allow you to work from our Paris office. We are equally open to the visa sponsorship of non-EU candidates as long as they are already in possession of their final diploma / attestation of their final academic results.