Fetch - Actuarial Data Scientist
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
Responsibilities
• Price Elasticity & Lifetime Value: Develop price elasticity curves to forecast the impact of rating changes on policyholder retention and conversion, and assess their impact on customer lifetime value • Price Elasticity & Lifetime Value: • Conversion and Retention Forecast: Forecast policyholder retention and conversion for the portfolio based on pricing, operational changes, and business initiatives • Conversion and Retention Forecast: • Risk Segmentation: 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 • Risk Segmentation: • Performance Monitoring: 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 • Performance Monitoring: • Data Analysis & Modeling: Write advanced SQL procedures to pull from large, line item level veterinary bill databases • Data Analysis & Modeling: • Product & Coverage Analysis: Estimate the impact of coverage and product changes on pricing • Product & Coverage Analysis: • Evaluate New Product Proposals: Analyze product design proposals to determine pricing viability, impact on enterprise risk, competitive positioning, and customer value • Evaluate New Product Proposals: • Market Analysis: Stay highly informed on competitor filings to understand how our products and pricing stand relative to the market • Market Analysis: • Rate Filings & Indications: Support rate filing and rate indication work, including the development of filings and responses to regulatory objections • Rate Filings & Indications: • Cross-Functional Collaboration: Operate seamlessly with product, underwriting, marketing, BI, and IT teams, and communicate complex actuarial concepts to a non-actuarial audience • Cross-Functional Collaboration: • Innovate: Propose creative ways to price innovative coverage concepts and ideas • Innovate:
Benefits
• The pay range for this position is $150,000 - $160,000 on a full-time basis • $150,000 - $160,000 • Along with base salary, your position may qualify for additional bonuses • This position is eligible for the Company’s bonus plan(s) • Be part of a mission-driven company that values creativity, innovation, transparency, and collaboration • When in office, enjoy complimentary lunch daily, and pets are always welcome • At Fetch, we recognize the importance of work-life balance and prioritize our employees' mental health and well-being, ensuring everyone can flourish both professionally and personally. Not just pets, we want our employees to live their best lives too — here at Fetch, you have access to the valuable benefits listed below. • 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) • $150,000—$160,000 USD • Recruiting Fraud Alert • At Fetch, your personal information and online safety are paramount. Please be aware that only Fetch Recruiters and Hiring Managers will contact you regarding your application or background. All official communications from Fetch employees will originate from a fetchpet.com email address. You will never be asked for payments, financial details, or sensitive information like social security numbers by our Recruiters or Hiring Managers. • EEO Statement
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