Akur8posted 13 days ago
Full-time • Mid Level
Paris, TX
Publishing Industries

About the position

Akur8 is a young, dynamic, fast growing Insurtech scale-up that is transforming insurance pricing and reserving with transparent machine learning. Our SaaS platform leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers' pricing and reserving processes. Powered by skilled R&D, Product & Actuarial teams we've developed unique AI algorithms that automate the insurance pricing and reserving in an unprecedented manner. This results in a pricing solution that enables insurance companies to model risks 10 times faster with greater predictive power than traditional methods, whilst including next-generation reserving features, offering an end-to-end platform that anticipates and accounts for future claims. Akur8 has already been selected in CB Insights Top 50 World Insurtech Companies 2024, Insurtech Global's Top 100 AIFinTech list 2024, Fintech Global's Top 100 AIFinTech list 2024, and CNBC's World Top 150 Insurtech Companies 2024. With 42 nationalities on our team and offices in 8 major global cities, Akur8's solution is international by design, serving over 320 clients across 4 continents, and focusing on mature markets to drive faster growth. Deploy is Akur8's rating engine, the final step in our end-to-end vision, where all steps of pricing - from data analysis, to modeling, to ratemaking - are streamlined into one modern, powerful and efficient software. As a new and evolving product, Deploy presents exciting opportunities and challenges. It serves as a pivotal bridge between the Actuarial and IT functions within insurance, bringing together two disciplines that have traditionally operated separated one from each other. Today, insurance pricing depends on fragmented hand-offs between actuarial and IT teams. Deploy removes these bottlenecks to enable real end to end pricing: actuaries can analyze data with transparent ML, simulate scenarios, and move seamlessly pricing strategies into production. Achieving this vision requires a deep understanding of both IT and Actuaries objectives, how they are organized, and be able to map the complex ecosystem that is behind an insurance product and its pricing.

Responsibilities

  • Build deep expertise in actuarial ratemaking and IT deployment challenges (product modeling, policy admin design, approval workflows).
  • Ideate and iterate with Designers flows and processes to solve and organize P&C rating challenges.
  • Collaborate with Engineers to scope the features for internal development squads.
  • Engage with clients and prospects to understand pricing needs to align roadmap and product vision.

Requirements

  • Experience in the P&C insurance industry, either as a consultant or within an insurance company, with direct exposure to pricing, actuarial teams, or IT (policy admin or pricing systems).
  • Proven experience with rating engine platforms (e.g., Earnix, Guidewire, Duck Creek) is a strong plus.
  • Experience in roles such as a Product Manager, Solution Architect, or Data Scientist within the insurance or SaaS domains.
  • A Masters degree or PhD in a quantitative discipline.
  • Excellent quantitative & analytical skills - Familiarity with machine learning techniques is a plus.
  • Very strong problem solving skills with a focus on providing and creating robust solutions.
  • Team leadership or management experience.
  • Effective communication skills (to exchange with both technical & non-technical stakeholders/clients).
  • A collaborative mindset (capability to work as part of a team in a dynamic environment).
  • Fluent English language skills.

Benefits

  • Competitive salary + annual bonus
  • Hybrid office/home office policy
  • 25 days of paid holidays + RTT
  • Gym membership with Gymlib + corporate sporting activities
  • Excellent health insurance (including possibility of family coverage)
  • Swile lunch vouchers
  • Public transportation reimbursement + sustainable mobility allowance
  • Relocation support
  • Sponsored crèche access
  • Free cafeteria with fresh fruit, drinks and snacks
  • Great office in the heart of the 9th arrondissement of Paris
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