Actuarial Specialist at Porch Group

Job description

Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers 2) led by advantaged underwriting in insurance 3) to protect the whole home As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies. In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED. Job Title: Actuarial Specialist Location: India Workplace Type: Remote Job Summary The future is bright for the Porch Group, and we’d love for you to be a part of it as our Actuarial Specialist . Porch Group is seeking an Actuarial Specialist to lead complex pricing initiatives for our homeowners insurance products. You will oversee advanced modeling, regulatory filings, and strategic pricing projects, while mentoring analysts and ensuring compliance with professional standards. Are you passionate about using advanced analytics to drive business success? We are seeking a highly skilled and motivated Actuarial Specialist to join our team! In this role, you will contribute to our actuarial functions with a focus on machine learning, pricing, and modeling. You’ll play a key role in shaping pricing strategies, developing predictive models, and supporting the financial stability of the company. As an Actuarial Specialist, you will collaborate with a talented team of professionals in a culture that values innovation, continuous learning, and data-driven decision-making. Your analytical insights will help optimize financial performance and manage risk effectively. If you're excited about making a meaningful impact through actuarial science and analytics, we’d love to hear from you! What You Will Do As A Actuarial Specialist Lead development and maintenance of rating plans and indication frameworks. Design and implement advanced pricing models and segmentation strategies. Direct preparation of countrywide rating algorithm initiatives; ensure accuracy and compliance. Establish documentation and governance standards for pricing models. Mentor and coach actuarial analysts; review work for accuracy and completeness. Drive investigations into segmentation enhancements and provide strategic insights and recommendations to senior leadership for opportunities to improve operations. Implement innovative analytical tools and techniques to elevate the analytic capabilities and speed to results of the department. Collaborate closely with business partners in Product, Reserving, Data Science, Underwriting, Sales, and Claims. Maintain progress toward actuarial credentials through ongoing exam completion and professional development activities, if relevant. What You Will Bring As A Actuarial Specialist Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field. Associate designation or near-associate completion from the CAS, IFOA, or IAI strongly preferred. 5+ years of general insurance actuarial/pricing experience, including leadership of complex projects. Expert Excel; advanced SQL and Python/R skills. Proven ability to communicate effectively with senior leadership and regulators. Strategic thinking and leadership; strong governance and risk management orientation. Ability to influence and communicate effectively with executives. Proven experience working with US based business teams. Excellent written and communication skills in English language. Working Hours: 8 Hours (Excluding breaks) 4 Core US Hours Overlap (7:30pm–