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Full-Time

Senior Machine Learning Engineer

USA

Confirmed live in the last 24 hours

Kalepa

Kalepa

11-50 employees

AI-powered underwriting workbench for insurance

Data & Analytics
Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$140k - $190kAnnually

+ Equity Options

Senior, Expert

Remote in USA + 1 more

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Required Skills
Python
Data Science
Data Structures & Algorithms
Natural Language Processing (NLP)
Requirements
  • 5+ years of experience in engineering and data science.
  • In-depth understanding of applied machine learning algorithms, especially NLP, and statistics.
  • Experienced in Python and its major data science libraries, and have deployed models and algorithms in production.
  • Comfortable with data science as well as with the engineering required to bring models to production.
  • Excited about using a wide set of technologies, ultimately focused on finding the right tool for the job.
  • Value open, frank, and respectful communication.
Responsibilities
  • Lead the framing, development, and deployment at scale of machine learning models to understand the risk of various classes of businesses.
  • Turn vast amounts of structured and unstructured data from many sources (web data, geolocation, satellite imaging, etc.) into novel insights about behavior and risk.
  • Drive the project’s direction and maintain focus.

Kalepa offers an AI-powered underwriting workbench for the commercial insurance industry, enhancing efficiency by compiling information and identifying risks. The environment at this company favors a tech-driven approach that enables underwriters to focus on maximizing ROI and making informed risk evaluations, promoting profitable growth in premiums. This approach not only positions the company as a leader in applying artificial intelligence to insurance underwriting but also makes it an appealing workplace for professionals seeking to leverage technology to drive industry advancements.

Company Stage

Series A

Total Funding

$14M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

10%

2 year growth

153%
Simplify Jobs

Simplify's Take

What believers are saying

  • Kalepa's recent $14 million funding round provides significant capital for growth and innovation.
  • The launch of Kalepa Insurance Services (KIS) opens new revenue streams and market opportunities in the small and mid-market insurance sectors.
  • The combination of AI and expert underwriting can lead to more accurate risk assessments and potentially lower loss ratios.

What critics are saying

  • The insurance industry is highly regulated, and any compliance issues could pose significant risks to Kalepa's operations.
  • Reliance on AI for underwriting decisions may face skepticism from traditional underwriters and clients, potentially slowing adoption.

What makes Kalepa unique

  • Kalepa leverages its proprietary AI-powered Copilot software to enhance decision-making for commercial insurance underwriters, setting it apart from traditional underwriting methods.
  • The formation of Kalepa Insurance Services (KIS) allows Kalepa to directly underwrite excess casualty risks, providing a unique blend of AI and expert underwriting.
  • Partnerships with specialty insurers like Everspan Group, rated 'A-' by AM Best, add credibility and reliability to Kalepa's offerings.

Benefits

Competitive salary

Significant equity options package

100% covered medical, 100% covered vision and dental

20 days of PTO a year.

Global team offsites

Healthy living/gym stipend.

Mobile phone bill stipend

Continuing education credits

Home office stipend