Pricing Engine Product Manager

**Akur8 is a young, dynamic, fast growing Insurtech scale-up that is transforming insurance pricing and reserving with transparent machine learning.**

Our SaaS platform leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers’ pricing and reserving processes.

**Powered by skilled R&D, Product & Actuarial teams we’ve developed unique AI algorithms that automate the insurance pricing and reserving in an unprecedented way.**

This results in a pricing solution which not only allows insurance companies to model their risks 10 times faster, with a higher predictive power than traditional methods, but which also incorporates next generation reserving functionalities, helping to predict and legislate for future claims, therefore constituting a major game changer for the insurance industry.

**Akur8 has already been selected**:

- In CB Insights Top 50 World Insurtech Companies 2024
- In Insurtech Global’s Top 100 AIFinTech list 2024
- In Fintech Global’s Top 100 AIFinTech list 2024
- In CNBC’s World Top 150 Insurtech Companies 2024

**With 42 nationalities on our team and offices in 8 major global cities, Akur8’s solution is international by design, serving over 320+ clients across 4 continents, and focusing on mature markets to drive faster growth.**

To learn more about Akur8, and what we do, click** here**.

**Deploy is Akur8’s rating engine, the final step in our end-to-end vision, where all steps of pricing - from data analysis, to modeling, to ratemaking - are streamlined into one modern, powerful and efficient software.**

**As a new product under active development, there are numerous opportunities and challenges, providing a bridge between two key functions in insurance.**

**Whilst on the actuarial side it focuses on extracting insights from data and making statistical decisions for the business; on the IT side it concentrates on maintaining and producing reliable systems.**

In insurance, the different skillsets and perspectives required for these two sides are currently are solved via inefficient processes and handoffs, which Deploy aims to solve in order to provide synergy and alignment so as to increase time-to-market. Solving these challenges requires a deep understanding of both IT and Actuaries objectives, how they are organized, and mapping the complex ecosystem that is behind an insurance product and its pricing.

**Akur8 is looking for a Pricing Engine Product Manager motivated by problem solving, capable of deep diving on details, and who shows innovative approaches to finding intuitive solutions to seemingly complex problems.**

**We're looking for a profile who is highly focused on product definition, problem solving and design skillset, rather than solely a person whose main responsibility is to align priorities across the stakeholders.**

The Pricing Engine Product Manager position is a cross-functional role, providing a wide range of interactions with various internal teams such as Product Design & Engineering, as well as Sales & Marketing.

Being a Product Manager in our organisation requires acquiring knowledge of how the different parts of our platform interact, and then abstracting customer problems in a framework so as to find clean solutions with solutions to complex challenges.

**Main responsibilities**:

- ** Constantly acquiring a deep understanding of actuarial ratemaking, and IT deployment challenges** (product models, Policy Admin System design)
- ** Leading user interviews** to deeply understand end user challenges and objectives
- ** Defining frameworks and solutions to solve user challenges** by prioritizing what matters and what doesn’t
- ** Collaborate with Engineers**to codesign and scope the features for internal development squads
- ** Animating training sessions** for clients, prospects and colleagues

**For this key role within our Product Management team we’re keen to speak to applicants that meet the following criteria.**

**You have**:

- ** A Masters degree or PhD** **in a quantitative discipline**
- ** 3+ years experience in Insurance industry**, with interactions with either pricing actuarial teams or IT (pricing or policy admin systems)
- ** 3+ years experience in a quantitative position**, such as Data Scientist, Engineering or Product Manager.
- ** A sound understanding of machine learning concepts, models, and algorithms**
- ** Excellent quantitative & analytical skills**
- ** Very strong problem solving skills** with a focus on providing and creating robust solutions
- ** Ability to provide detailed, focused and deep product requirements** and system reactions
- ** Team leadership or management experience**
- ** Effective communication skills (to exchange with both technical & non-technical stakeholders / clients).**
- ** A collaborative mindset** (capability to work as part of a team in a dynamic environment)
- ** Fluent English language skills**

**_ Important