Actuarial Associate Salary at Lemonade Insurance Agency (Lia) BETA

How much does a Lemonade Insurance Agency (Lia) Actuarial Associate make?

As of January 2025, the average annual salary for an Actuarial Associate at Lemonade Insurance Agency (Lia) is $98,807, which translates to approximately $48 per hour. Salaries for Actuarial Associate at Lemonade Insurance Agency (Lia) typically range from $88,308 to $106,980, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Lemonade Insurance Agency (LIA) Overview

Website:
lemonade.com
Size:
1,000 - 3,000 Employees
Revenue:
$200M - $500M
Industry:
Insurance

Lemonade offers renters, homeowners, pet, and life insurance. Powered by artificial intelligence and behavioral economics, Lemonade's full stack insurance carriers in the US and the EU replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback. Lemonade is currently available in the United States, Germany, the Netherlands, and France, and continues to expand globally.

See similar companies related to Lemonade Insurance Agency (Lia)

What Skills Does a person Need at Lemonade Insurance Agency (Lia)?

At Lemonade Insurance Agency (Lia), specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Actuarial: Actuarial performs complex calculations to determine the likelihood of various outcomes related to accidents, illnesses, consumer demand, and investments.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Actuarial Science: The discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty.

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Check more jobs information at Lemonade Insurance Agency (Lia)

Job Title Average Lemonade Insurance Agency (Lia) Salary Hourly Rate
2 Manager, Accounting $154,364 $74
3 Manager, Actuarial $178,287 $86
4 Manager, Customer Experience $142,859 $69
5 Manager, Human Resources $149,323 $72
6 Manager, Operations $145,337 $70
7 Manager, Risk & Controls $176,351 $85
8 Manager, Workforce $117,594 $57
9 Office Admin $105,831 $51
10 Office Operations Specialist $60,226 $29
11 Prep Cook $42,052 $20
12 Principal Software Architect $184,988 $89
13 Product Manager $191,692 $92

Hourly Pay at Lemonade Insurance Agency (Lia)

The average hourly pay at Lemonade Insurance Agency (Lia) for an Actuarial Associate is $48 per hour. The location, department, and job description all have an impact on the typical compensation for Lemonade Insurance Agency (Lia) positions. The pay range and total remuneration for the job title are shown in the table below. Lemonade Insurance Agency (Lia) may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $98,807 look to you?

FAQ about Salary and Jobs at Lemonade Insurance Agency (Lia)

1. How much does Lemonade Insurance Agency (Lia) pay per hour?
The average hourly pay is $48. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lemonade Insurance Agency (Lia)?
According to the data, the highest approximate salary is about $106,980 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lemonade Insurance Agency (Lia)?
According to the data, the lowest estimated salary is about $88,308 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.