--- title: 'Actuarial Associate, UK at Lemonade' canonical: 'https://feeny.ai/job/actuarial-associate-uk-lemonade-united-kingdom-zwd8gb6v4sht' type: 'job' last_seen: '2026-11-01' --- # Actuarial Associate, UK at Lemonade - **Company:** Lemonade - **Location:** United Kingdom - **Employment:** full-time - **Work type:** remote - **Posted:** 2026-10-29 - **Last confirmed live:** 2026-11-01 - **Apply:** https://jobs.ashbyhq.com/lemonade/db42744e-af50-441a-8128-ac8f0b3009ba ## Job description We’re looking for a technically savvy Actuarial Pricing Associate to join the UK team and support pricing adequacy, accuracy, and competitiveness of our European products. You will contribute your actuarial expertise as part of an interdisciplinary team that includes data scientists, insurance Product and Underwriting professionals. Working in collaboration, you’ll help develop and implement new pricing capabilities that blend actuarial approaches with predictive modeling, machine learning, and artificial intelligence. In this role you’ll - Support the pricing processes for the UK market, including price making, modeling, implementation, and pricing strategy - Balance rating accuracy and profitability with price comparison website competitiveness - Contribute to building the pricing machine enables speed to market and competitive advantages - Support development of pricing for new products and add-ons - Identify optimal areas for pricing and underwriting action based on ongoing monitoring of the data - Further your actuarial education through industry research and stay on top of changing regulatory requirements ## What you’ll need - At least 3- 5 years of non-life non-pet actuarial experience - Commitment in obtaining FIA (Fellow of the Institute of Actuaries) or FFA (Fellow of the Faculty of Actuaries) - Ability to work in an office environment (London) - Master’s degree in mathematics / econometrics / actuarial science / related field preferred - Personal lines experience required - Price comparison website (PCW) and/ or commercial pricing experience is an advantage - General knowledge of data science programming languages such as Python (preferred) or R, and in database query tools such as SQL. Broad understanding of predictive modeling with focus on supervised models and affinity with unsupervised learning technics - Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture ## About Lemonade ## Company Overview - **One-liner**: Lemonade is a digital insurance company that uses artificial intelligence and behavioral economics to offer renters, homeowners, pet, car, and life insurance, with a social impact model that donates unused premiums to causes customers choose. - **Entity Type**: Public (NYSE: LMND) - **Headquarters**: New York, New York, USA - **Founded**: 2015 - **Founders**: Daniel Schreiber and Shai Wininger ## Core Business - Primary industry/industries: Insurance (property & casualty, pet, life), Fintech, Insurtech - Target customers: B2C (individuals and families), primarily digitally-native and socially-conscious consumers - Mission or purpose statement: "Create the world’s most loved insurance through technology and social impact." [lemonade.com](https://www.lemonade.com/) Lemonade is a Public Benefit Corporation and certified B-Corp. ## Products & Services For each major offering: - **Renters Insurance**: Coverage for personal belongings and liability, typically acquired in ~90 seconds via the app. - **Homeowners Insurance**: Protection for homes and their contents. - **Pet Health Insurance**: Health coverage for dogs and cats, including accidents, illnesses, and routine care. - **Car Insurance**: Standard auto coverage, plus a new, first-of-its-kind **Autonomous Car Insurance** for self-driving vehicles (launched in 2026, priced ~50% lower than human-driven per-mile rate). [lemonade.com](https://www.lemonade.com/investor) - **Term Life Insurance**: Life insurance policies to protect loved ones. - **Claims Experience**: AI-powered claims processing, with nearly half of claims paid in seconds and a record of 3 seconds to get paid. [lemonade.com](https://www.lemonade.com/) ## Market Standing - **Valuation/Market Cap**: Not publicly available from the provided search results (market cap fluctuates with stock price; check current NYSE: LMND). - **Key Metric (Annual Revenue)**: Q1 2026 revenue grew 71% YoY to $258M. In-force premium (IFP) reached $1.33B, +32% YoY. [lemonade.com](https://www.lemonade.com/investor) - **Notable Investors/Partners**: Reinsured by "the most trusted names on the planet" (A-rated). [lemonade.com](https://www.lemonade.com/) Partnered with Tesla for Autonomous Car insurance. [lemonade.com](https://www.lemonade.com/investor) - **Growth Signals**: 3.14 million customers (+23% YoY); 10th consecutive quarter of accelerating IFP growth; Adj. free cash flow of $17M in Q1 2026; positive Adj. EBITDA expected in Q4 2026. [lemonade.com](https://www.lemonade.com/investor) ## Competitive Advantages - **AI-First, Instant Everything**: Core differentiator is using AI to deliver policies in ~90 seconds and pay claims in seconds, creating a vastly superior customer experience compared to traditional insurers. - **Social Impact Model (Giveback)**: A Public Benefit Corporation and B-Corp. Unused premiums are donated to charities chosen by customers. This aligns customer and company incentives, reducing fraud and building brand loyalty. Over $10M donated. [builtin.com](https://builtin.com/company/lemonade) - **Flat Fee Model**: Lemonade takes a flat fee from premiums to run the business, rather than profiting from denying claims. This aligns the company with its customers. - **First-Mover in Autonomous Car Insurance**: Launched a dedicated product for self-driving cars, pricing risk at ~50% of human-driven rates, positioning them for the future of mobility. [lemonade.com](https://www.lemonade.com/investor) ## Strategic Focus - **Profitability**: The company is focused on reaching positive Adjusted EBITDA by Q4 2026, having already achieved positive adjusted free cash flow. [lemonade.com](https://www.lemonade.com/investor) - **Product Expansion**: Continuing to launch new, innovative products (e.g., Autonomous Car insurance) and bundling existing ones (renters, car, pet, life) to increase customer lifetime value. - **International Growth**: Expanding across the US and EU, with a growing customer base and increasing in-force premiums. ## Why Work Here - **Culture**: Described as a "fast paced, ever changing, zero politics meritocracy." The company values "smart creatives" with "positive energy" and a "passion for building products people love." Emphasis on business impact, self-motivation, and flexibility. [makers.lemonade.com](https://makers.lemonade.com/) - **Remote/Hybrid Policy**: Offers a hybrid workspace (flexible time on-site) in New York and remote roles in the US. In-office roles available in Tel Aviv, Israel and Amsterdam, Netherlands. [builtin.com](https://builtin.com/company/lemonade) - **Notable Perks**: Offers company equity, 401(K), generous parental leave, dental/health/vision insurance, job training + conferences, and free snacks/drinks. [builtin.com](https://builtin.com/company/lemonade) - **Engineering Culture**: Strong emphasis on "makers" who "move fast and spend their time building stuff instead of endless meetings." Tech stack includes Ruby, SQL, Python, R, Snowflake, and MySQL. [builtin.com](https://builtin.com/company/lemonade) ## Sources 1. [lemonade.com](https://www.lemonade.com/) 2. [makers.lemonade.com](https://makers.lemonade.com/) 3. [lemonade.com/investor](https://www.lemonade.com/investor) 4. [builtin.com](https://builtin.com/company/lemonade) 5. [co.linkedin.com](https://co.linkedin.com/company/lemonade-inc-) ## Other roles at Lemonade - [User communications Product leader](https://feeny.ai/job/user-communications-product-leader-lemonade-tel-aviv-snb20w5yx4hj) — Tel Aviv, Israel - [CLX Property Advocate, NL](https://feeny.ai/job/clx-property-advocate-nl-lemonade-europe-3mwpndjx9bb8) — Europe - [Staff Product Manager, Europe Expansion](https://feeny.ai/job/staff-product-manager-europe-expansion-lemonade-tel-aviv-r3x8c7x70ecn) — Tel Aviv, Israel - [Accounting Manager](https://feeny.ai/job/accounting-manager-lemonade-new-york-qfp3843jpkk7) — New York, NY - [Senior Recruiter](https://feeny.ai/job/senior-recruiter-lemonade-tel-aviv-547cdtb7x6fm) — Tel Aviv, Israel - [Senior Product Manager, Growth Platform](https://feeny.ai/job/senior-product-manager-growth-platform-lemonade-europe-wmds763xzfb3) — Europe - [Actuary](https://feeny.ai/job/actuary-lemonade-europe-51gcx9eejmep) — Europe - [CLX Car Advocate, File Owner](https://feeny.ai/job/clx-car-advocate-file-owner-lemonade-remote-84x3wsvsdtzp) - [SIU Investigator, Auto Claims](https://feeny.ai/job/siu-investigator-auto-claims-lemonade-remote-fzjyazp07tge) - [SIU Investigator, Auto Claims](https://feeny.ai/job/siu-investigator-auto-claims-lemonade-remote-y8k2mk236j3c)