Actuarial Developer
ShepherdNew York CityPosted 7 April 2026
Job Description
Actuarial Developer
WHAT WE DO
Shepherd is an AI-native commercial insurance platform transforming how high-hazard industries get covered. Our mission is to make risk frictionless for the builders and operators shaping the physical world — protecting progress from concept through construction and into decades of operation.
The infrastructure behind the AI boom — data centers, semiconductor fabs, renewable energy assets — has to be built and insured. But traditional carriers weren't built for this speed:
- Complex commercial construction projects routinely wait weeks for a single quote
- Legacy carriers rely on static applications and disconnected systems
- Brokers chase carriers through calls, emails, and resubmissions
We built Shepherd to solve that. Our AI performs the same underwriting workflows in seconds, and integrates real-time data from construction technology partners — Procore, Autodesk, OpenSpace, DroneDeploy, and others — to see risk as it actually exists, not just as it was reported on a static form.
We're pursuing the most ambitious technical vision in commercial insurance: fully autonomous underwriting. We're closing in on the first fully agentic submission in the industry — email in, price out, no human intervention until the last mile.
With Shepherd, safety, speed, and quality no longer trade off against one another — they compound. We're building:
- Faster decisions
- Smarter, more accurate pricing
- Better risk outcomes for insureds who invest in safer practices
We're not just modernizing insurance products. We're building the risk infrastructure for the next generation of financial services.
OUR INVESTORS
In March 2026, Shepherd raised a $42M Series B https://www.linkedin.com/posts/justindlevine29_today-were-announcing-our-42m-series-b-activity-7442200922291630080-z1gw?rcm=ACoAAAkOMEwBRnAAXmdnQcaOJeioCu6VCqR6Gzc&utm_medium=member_desktop&utm_source=share — bringing total funding to over $60M — led by Intact Private Capital, the investment arm of one of the largest insurers in the world. Intact is not only our lead investor but also a carrier partner, a testament to the confidence the incumbent industry has in what we're building. Our investors:
- Intact Private Capital https://www.intactfc.com/about-us/intact-ventures
- Spark Capital https://www.sparkcapital.com/
- Costanoa Ventures https://costanoa.vc/
- Y Combinator https://www.ycombinator.com/
- Susa Ventures https://www.susaventures.com/
- And several others
OUR TEAM
We're a team of technologists and insurance enthusiasts, bridging the two worlds together. Check out our About https://www.shepherdinsurance.com/about page to learn more.
THE ROLE
You will help design, build, and maintain the internal pricing service and data models that allows actuaries to deploy new python-based rating engines and allows insurance product heads to directly configure our appetite as Shepherd grows into new sectors, coverages, and lines of business. You will ensure Shepherd’s platform serves the actuarial and insurance product use case.
In this role, you are not handing requirements over a wall to engineers. You are in the codebase, in the architecture discussions, in the PR reviews. The split is roughly: 30–40% of your time writing code yourself, and 60–70% designing systems, reviewing implementations, and guiding adjacent engineering decisions with actuarial context.
This is an individual contributor role for someone with real actuarial depth and experience deploying versioned, well-tested specialty and commercial lines rating engines to production. If you've implemented hx Renew or a similar pricing platform at a carrier or MGU, this is the role for you. If you’ve spent your career wishing actuarial pricing could move at the speed of software this is the role for you.
WHAT YOU'LL BUILD
Rating engine service (50-70%). You'll design and develop the FastAPI service, in collaboration with engineers, that allows the python-native actuarial team to ... (truncated, view full listing at source)
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