Actuary

Who we are:

Nirvana is on a mission to harness the power of data to revolutionize commercial insurance and enable a safer world. We are bringing much-needed innovation into the legacy, trillion-dollar commercial insurance industry. We have developed cutting-edge predictive models that use real-time IoT data from billions of connected devices, allowing us to better understand and price risk. Our AI-driven platform fundamentally changes the way an insurance company operates with personalized risk scoring, faster underwriting, modernized claims, and proactive, data-driven insights to help customers prevent accidents.

We’ve already proven the scale—reaching well over $100 million in premiums and more than doubling year over year. Our data moat is growing exponentially with more than 20 billion miles of telematics data, leading to more predictive models and new insights into how we can better understand and reduce risk. Altogether, our loss ratio, efficiency, and customer experience are redefining what can be done in the industry.

With $170+ million raised, including an industry-leading Series C round in January 2025, we’re only accelerating our growth, with strong support from top-tier VCs including Lightspeed, General Catalyst, and Valor. Nirvana’s leadership team has previously helped scale multi-billion-dollar companies from scratch, including Samsara, Rubrik, and Flexport, and includes industry veterans from Hiscox, The Hartford, and RLI.

About the role:

Nirvana’s Actuary will be the major overseer of the loss ratio across all lines of business. You will execute high speed and accurate assessments, review all cadences and methodologies, and advance our capabilities across all programs, including environmental assessments. This person will assist the team in executing rating changes and product launches, including peer review of work and go/no-go decisioning. In addition to analysis, this person will coach and develop technical prowess across the Insurance Product team and company.

Our ideal candidate will be based in Columbus, OH with the ability to be in our office 2-3 times per week.

What you’ll do:

Develop and maintain commercial lines pricing models and rating structures

Conduct reserve analyses and loss projections for commercial insurance portfolios

Perform detailed portfolio analyses to identify trends, opportunities, and areas of concern

Collaborate with underwriting teams to optimize guidelines and risk selection

Provide actuarial insights to inform product development and business strategy

Support regulatory filings and respond to inquiries from regulatory bodies

Support reinsurance strategies

Lead complex projects and mentor junior team members

Present actuarial findings and recommendations to senior leadership

About you:

FCAS required

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

10+ years of experience in commercial insurance lines (property or casualty)

Expert experience in statistical modeling and data analysis

Knowledge of predictive modeling techniques applicable to commercial insurance

Proficiency in actuarial software and programming languages (e.g., R, Python, SQL)

Experience with commercial lines pricing, reserving, and portfolio management

Understanding of emerging risks and their potential impact on commercial portfolios

Knowledge of insurance regulatory requirements and filing processes

Excellent communication skills with ability to translate complex concepts for non-technical audiences

Strong project management and leadership capabilities

Experience with specialty commercial lines (E&S, professional liability, cyber) is a plus

Experience with large account pricing and risk evaluation is a plus

Familiarity with reinsurance concepts and structures is a plus

Benefits:

Competitive salary & equity

Medical, dental & vision insurance

401k with company match

Unlimited PTO

Work from home friendly

#LI-Hybrid