Machine Learning Engineer, AKUR8
+ Equity and annual bonus
More information about location
Next-gen insurance pricing and reserving platform
Job no longer available
Next-gen insurance pricing and reserving platform
201-500 employees
Job no longer available
+ Equity and annual bonus
More information about location
201-500 employees
Company mission
To empower actuarial, pricing and reserving experts to make better decisions, faster.
Role
Who you are
- We're looking for an innovative and rigorous mind that has a solid technical background and a track record of helping their team grow
- You have just completed or are finishing your PhD in computer science, applied mathematics or related topic
- You understand client's priorities and have a good sense of urgency to find the right balance between need for fast delivery and code robustness
- You are interested in machine learning and have good knowledge of maths and/or statistics
- You have experience in software engineering standards, testing, code reviews and system design
- Having high-level knowledge of AWS’s main services is a plus (EC2, ECS, RDS, S3, Athena)
What the job involves
- We are looking for a talented Engineer with a strong interest in Software Engineering and Machine Learning to join us and contribute to the development of our actuarial pricing platform
- Your mission will be to build and implement technical features in the software and optimize its data structures
- These features answer clear business purposes for insurance Risk Managers and Product Managers, meaning that a good understanding of modelling, maths and logic are necessary for the accomplishment of the mission
- At Akur8 our Python, Java and Angular stack leverages the AWS cloud in order to solve the machine learning and insurance pricing problems that our users face on a daily basis
- You’ll be fully involved in the heart of our platform, learning every day and seeing the impact of your work in production
- Lead the development of challenging product features
- Interact with the design and product teams to help transform their needs into well-structured tasks that fit into our Agile development framework
- Design, build, integrate and maintain efficient, reusable and reliable code
- Understand our data models and machine learning algorithms to optimise their computation with the different cloud services within AWS
- Your role in integrating our machine learning with our software, with a focus on robustness and computational performance, will assist in implementing a best-in-class platform that enables insurance companies to reduce their modelling time and premium creation exponentially, whilst at the same time providing the added advantage of improving their predictive power / accuracy
Our take
Putting the correct pricing on insurance has always been a challenge for insurers. Pricing too low can decimate profits, but pricing too high is a sure-fire way to drive off customers. Despite this importance of pricing, it has generally remained a human task, and therefore prone to errors and biases.
AKUR8 wants to change this, delivering an AI-based solution that automates pricing modelling for insurers, while maintaining the transparency and control required by regulators. By leveraging machine learning, the platform enhances insurers’ pricing processes, reducing modelling time whilst increasing predictive power.
Recently, AKUR8 has expanded its platform with Rate Repo and Deploy, providing a unified, end-to-end actuarial workflow from model creation to live deployment, and with AKUR8 Discover, integrating AI-driven market and regulatory intelligence from AMatrisk. These tools give insurers a single source of truth for pricing, faster operational deployment, and actionable insights from unstructured filing and competitive data.
Alongside this, the company is backed by some serious funding and a global expansion strategy. And now empowers insurers like AZA, Generalis, cementing its position as a next-generation, end-to-end actuarial platform.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Company HQ
Saint-Georges, Paris, France
Leadership
Samuel Falmagne
(Co-Founder & CEO)Worked at IBM for over 17 years, holding a range of executive roles, and also served as Head of Sales for Shift Technology.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 4 more jobs at AKUR8