We are looking for a Senior Decision Scientist to design and own mathematical risk thresholds across our insurance products.
In this role, you will operate at the intersection of catastrophe modeling, capital modeling, and portfolio strategy, ensuring that each policy we write is evaluated against explicit capital requirements and aligned with long term growth and risk objectives. You’ll dive into the details, build practical solutions, and turn well grounded analysis into clear, actionable decisions that move the business forward.
We believe three things matter for every role at Lemonade: drive to push through challenges, efficiency that keeps standards high while moving fast, and adaptability that lets you pivot with data and AI insights. These aren't buzzwords, they're how we actually work.
Our AI-first approach isn't just a tagline either. We're building the future of insurance with AI at the center, and we need people who are genuinely excited to learn and grow alongside these tools.
In this role you’llOwn and build the capital modeling framework, running catastrophe models and integrating their outputs to support portfolio management, growth planning, and strategic decision making
Build and maintain the analytical tools and data structures used for catastrophe, capital, and portfolio modeling
Evaluate how individual policies and portfolio changes impact capital requirements, PMLs, tail risk, and expected returns
Partner closely with insurance, finance, and underwriting teams to assess the impact of reinsurance structures, retentions, and limits on portfolio risk and capital efficiency
Translate capital and catastrophe model results into clear takeaways and recommendations that help guide growth and risk decisions
Approach problems with curiosity and good judgment, challenging assumptions when needed and contributing to a team that values learning and shared ownership
4+ years of experience in CAT modeling, capital modeling, or quantitative risk analytics within P&C insurance or reinsurance
Solid grounding in statistics and probability, especially as applied to extreme events and heavy-tailed distributions
Proficiency in data science programming languages such as R or Python, and database query tools such as SQL
Bachelor’s degree in Data Science, Economics, Mathematics, Statistics, Actuarial Science, or a related field
Understanding reinsurance structures and how they impact portfolio risk and capital is a plus
Ability to work remotely
Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture.
*Please note that we are unable to sponsor applicants for work visas
Unfortunately, we cannot consider applicants from these states: Alaska, California, Colorado, Montana, Hawaii, New Mexico and Puerto Rico.
Lemonade's US base salary range for this full-time position is $125,000 - $140,000 plus equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Our competitive total rewards package includes comprehensive health & wellness coverage, equity, a 401(k) plan with employer match, 20 paid vacation days, and parental leave. Speak to your recruiter to hear more about the specific salary range for your preferred location and our total rewards package.
||#LI-Remote||
Skills Required
- 4+ years of experience in CAT modeling, capital modeling, or quantitative risk analytics within P&C insurance or reinsurance
- Experience running catastrophe models and building capital modeling frameworks
- Solid grounding in statistics and probability, especially extreme events and heavy-tailed distributions
- Proficiency in data science programming languages such as R or Python
- Proficiency with database query tools such as SQL
- Bachelor's degree in Data Science, Economics, Mathematics, Statistics, Actuarial Science, or a related field
- Understanding of reinsurance structures and their impact on portfolio risk and capital
- Ability to work remotely
- Enthusiasm for learning and adapting to AI-driven tools and approaches
Lemonade Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lemonade and has not been reviewed or approved by Lemonade.
-
Healthcare Strength — Cigna-administered medical plans provide multiple options (EPO/OAP/OAPIN/HDHP) alongside dental, vision, prescription coverage, disability, and life/AD&D. 2026 plan materials and state notices indicate broad essential health benefits with mainstream networks.
-
Retirement Support — A tiered 401(k) match structure is documented, offering meaningful employer contributions when employees save. This complements equity grants/RSUs that are commonly included in total rewards.
-
Leave & Time Off Breadth — Employee-reported baselines around defined PTO and company holidays, plus flexible sick time, position time off as a strength. Parental leave is frequently described as generous for the U.S. context, though candidates should confirm current specifics.
Lemonade Insights
What We Do
Our mission is simple: Create the world’s most loved insurance through technology and social impact. As a certified Public Benefit Corporation and B-Corp, Lemonade is constantly challenging how the insurance industry does business. We’re creating an experience that is fast, affordable, and hassle-free across renters, homeowners, pet, life and car insurance. And through our annual Giveback program, in which leftover premiums are donated to charities our customers choose, we’ve donated nearly $5 million to a variety of organizations in need.
Why Work With Us
We’ve set out to make insurance loveable, fast, simple, and socially impactful - words that aren’t often associated with this industry. We’re a Certified B-corp, the only US insurance company to never invest in polluting industries, and our annual Giveback program has donated nearly $5 million globally to nonprofits in need.
Gallery
