01Overview
Were hiring: Senior Actuarial Analyst
Ollive is building insurance for a new category of risk: AI agents making mistakes that cause real financial loss. The challenge There is almost no historical loss data, no established rating plan, and no obvious exposure base. Thats exactly why were hiring our first actuary .
Youll work directly with the founders, underwriters, reinsurers, product and engineering teams to figure out how AI liability should actually be priced.
What You'll Do
Build our AI liability pricing model from scratch
Decide the right exposure units, rating factors, frequency and severity assumptions
Use data from adjacent lines like cyber, tech E&O;, professional liability and med mal to build credible proxies
Work directly with reinsurers and capacity providers to improving pricing models
Turn actuarial models into pricing and underwriting logic inside the product
Help shape limits, exclusions, attachment points and coverage structure
Build monitoring and reserving processes as real claims data starts coming in
Who we're looking for
Around 47 years of General Insurance / P&C; actuarial experience
Qualified or close to qualified, ideally with SP7 and/or SP8 + CP1/CA1
Experience in specialty pricing cyber, tech E&O;, professional liability, healthcare liability or similar is especially relevant
Robust Python or R + SQL
Comfortable working with incomplete data and making assumptions you can clearly defend
Experience building a new product, pricing model, rating plan or line of business is a big plus
Most importantly, you should enjoy problems where there is no existing playbook . This is a hands-on founding role. You wont inherit an actuarial team or a mature model. Youll help build both.
Bangalore in office
Full-time
Meaningful equity + competitive compensation
Opportunity to become the actuarial leader at Ollive as we scale
If youve worked at a specialty insurer, MGA, reinsurer, Lloyds business, global carrier or actuarial consultancy an .
