Boost powers white-labeled insurance programs for innovators across all industries. Our platform helps tech companies offer modern insurance products to their customers within their own front-end environments. Boost’s infrastructure-as-a-service product, IaaS for short, abstracts and simplifies an old school, complicated industry – and unlocks access to it through a cutting-edge API platform. Our customers are leading consumer and enterprise technology companies as well asgame changing insurtech startups. We provide everything they need to quickly get to market with their own programs to monetize the insurance vertical.
What does that mean? That’s ‘abstracted and simplified’ language for insurance stuff like ‘A’-rated insurance paper, dedicated risk capacity to pay claims, and ongoing policy and claims administration – but it’s all powered programmatically by our back-end API-driven systems. Technically we’re a licensed managing general agency, we’re just redefining what that means.
Our company is well-funded and backed by an awesome group of investors that includes Greycroft, Norwest Venture Partners, Tusk Venture Partners, State National, and Nephila. We’re having a ton of fun, growing like crazy, and looking for forward thinking builders to join our team.
This role offers a creative and forward-thinking actuary the unique opportunity to be part of a bottoms-up approach to product development. You will be able to set insurance pricing and rating while working cross-functionally to support our Growth and Tech teams and create innovative digital insurance programs with some of the most cutting edge technology companies in the world.
Reporting directly to the Chief Insurance Officer, Boost’s Actuary will play a critical role on the Insurance Team while working cross functionally to support the development of new products and programs through analysis of competitive marketplace, loss projections, and pricing structure.
The Actuary will act as a product line expert and maintain a thorough knowledge of product features and benefits as well as industry product trends and develop tools that monitor and measure rate adequacy, determine expected loss ratios for Boost’s program partners. The Actuary will be responsible for analyzing the profitability of ongoing programs to determine and execute necessary changes to achieve desired returns.