
Actuarial Data Scientist / Pricing Actuary
Wakam
full-time
Posted on:
Location Type: Remote
Location: Germany
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About the role
- Design, build, and maintain pricing and risk models for a wide range of P&C insurance products
- Apply machine learning and AI algorithms to enhance pricing accuracy and risk segmentation
- Lead forecasting initiatives and align insights with broader strategic and financial planning
- Evaluate the Wakam’s aggregate risk exposure to identify potential risk accumulation (e.g. by peril, region, or insured value) and ensure alignment with internal limits and reinsurance treaties.
- Track and analyze exposure levels across portfolios, focusing on sum insured, policy limits, and risk accumulation across geographical areas, product lines, and coverages.
- Automate and optimise the model development lifecycle
- Ensure regulatory compliance and contribute to model governance best practices
- Mentor junior team members and foster a high-performance analytics culture
Requirements
- A Bachelor’s or Master’s degree in Actuarial Science, Data Science, Statistics, or a similar quantitative field
- 3+ years of experience in pricing roles within the insurance industry (P&C preferred)
- Strong background in machine learning, statistical modelling, and pricing algorithms
- Expert-level proficiency in Python, R, and SQL
- Familiarity with AKUR8 or other pricing automation platforms is a strong plus
- Knowledge of model governance, back-testing, and actuarial compliance standards
- Ability to embed models into business workflows and live operational systems
- Strong grasp of insurance economics and how pricing impacts profitability
- You’re fluent in English; French is a plus or you’re open to learning.
Benefits
- True remote work flexibility with our Wakam From Anywhere (WFA) program - yes, we even have a teammate working from a sailboat!
- Flat hierarchical system promoting direct impact and autonomy
- Monthly Free.day: dedicated time for personal growth and skills development
- Lunch voucher with Swile card
- A meaningful company: we became a Mission-driven company in March 2021
- Work alongside passionate experts: who will share their knowledge and help you develop and grow in your career.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
machine learningstatistical modellingpricing algorithmsPythonRSQLmodel governanceback-testingactuarial compliancepricing automation
Soft Skills
mentoringleadershipanalytical skillscommunicationcollaborationstrategic planningproblem-solvinghigh-performance culture