Actuarial Data Scientist / Pricing Actuary - Remote Role in Europe
About the Role
Wakam is seeking an Actuarial Data Scientist / Pricing Actuary to join our Advanced Pricing Analytics team. This remote position offers the opportunity to work at the intersection of actuarial pricing and advanced analytics, helping us push the boundaries of technical pricing with AI, machine learning, and automation. As an Actuarial Data Scientist, you will have a direct impact on how we price risk, improve portfolio profitability, and innovate across product lines.
What You'll Do
- 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 Wakam’s aggregate risk exposure to identify potential risk accumulation 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.
- Automate and optimize 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 modeling, 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.
Nice to Have
- Fluency in French or willingness to learn.
What We Offer
- True remote work flexibility with our Wakam From Anywhere (WFA) program.
- 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.
This role offers a unique opportunity to blend actuarial science with advanced analytics in a remote setting. Wakam promotes a culture of innovation and flexibility, making it an attractive workplace.
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