Note: The job is a remote job and is open to candidates in USA. Lemonade is an AI-first insurance company building technology-driven insurance products. The Senior Decision Scientist will own capital and catastrophe modeling frameworks, evaluate policy and portfolio risk, and translate quantitative analysis into recommendations that support growth, capital efficiency, and strategic decision-making.
Responsibilities
- Own and build the capital modeling framework, running catastrophe models and integrating their outputs to support portfolio management, growth planning, and strategic decision making
- Build and maintain the analytical tools and data structures used for catastrophe, capital, and portfolio modeling
- Evaluate how individual policies and portfolio changes impact capital requirements, PMLs, tail risk, and expected returns
- Partner closely with insurance, finance, and underwriting teams to assess the impact of reinsurance structures, retentions, and limits on portfolio risk and capital efficiency
- Translate capital and catastrophe model results into clear takeaways and recommendations that help guide growth and risk decisions
- Approach problems with curiosity and good judgment, challenging assumptions when needed and contributing to a team that values learning and shared ownership
Skills
- 4+ years of experience in CAT modeling, capital modeling, or quantitative risk analytics within P&C insurance or reinsurance
- Solid grounding in statistics and probability, especially as applied to extreme events and heavy-tailed distributions
- Proficiency in data science programming languages such as R or Python, and database query tools such as SQL
- Bachelor's degree in Data Science, Economics, Mathematics, Statistics, Actuarial Science, or a related field
- Ability to work remotely
- 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: Alaska, California, Colorado, Montana, Hawaii, New Mexico and Puerto Rico
- Understanding reinsurance structures and how they impact portfolio risk and capital is a plus
Benefits
- Ability to work remotely
- Equity
- Comprehensive health & wellness coverage
- A 401(k) plan with employer match
- 20 paid vacation days
- Parental leave
Company Overview