Senior Actuarial Analyst
Company Description
Nearmap is reshaping how the world understands the built environment, and Nearmap is driving that. We put powerful aerial imagery, AI-driven analytics, and geospatial tools into the hands of the people who plan, build, insure, and govern the places we all live and work. Our technology turns property uncertainty into decisive action, and our culture brings out the best in the people who build it. We move fast, we care about craft, and we're proud of what we're building. If you're energized by turning hard problems into real-world impact, we'd love to meet you.
Job Description
About the Role Location: Fully remote within the continental United States. Use of AI data in insurance pricing entails regulatory review by state departments of insurance. When a carrier intends to use Nearmap data in its rates, both the carrier’s own actuaries and state insurance regulators can come back with various questions and/or objections. Many are predictable and specific: how was ground truth for an attribute determined, what do the goodness-of-fit metrics look like on held-out data? Others have never been asked before and have yet to be fully answered. You will be the actuarial voice inside Nearmap’s and our customers’ rate filings. Working with our AI and Computer Vision team, you will build a library of validation materials behind every Nearmap attribute and score used in rating, produce exhibits and memos for state DOI review, and answer regulator objections with analysis that holds up under scrutiny. This is a customer-facing actuarial role, not a back-office one. You will report into Insurance Product and work alongside our regulatory affairs owner, who owns regulator relationships and submission mechanics, so your time goes to the analysis and the defense of it. Key Responsibilities - You’ll own and defend the filing evidence: Coordinate on and collaborate with cross functional teams to produce the filing materials for each Nearmap attribute and score used in rating: model memos, validation and accuracy metrics, and the actuarial exhibits that go into a submission. - Document and maintain what each state requires for model validation, including details on state-by-state confidentiality and trade secret treatments, ensuring Nearmap consistently produces exhibits that satisfies the NAIC checklist for model filings - Turn model outputs into the evidence that filings need, such as model validation metrics, coverage rates, distributional analysis, bias and fairness testing, and by-state breakdowns. - Lead the analytical response to regulator objections