Akur8

The Future of Insurance Pricing

Akur8 is revolutionizing the insurance industry with its AI-driven pricing and reserving platform. By replacing error-prone spreadsheets with transparent machine learning algorithms, Akur8 empowers actuaries and insurers to model risks up to 10 times faster while ensuring higher predictive accuracy. Founded in 2019 and headquartered in Paris, with offices globally, the company has raised $180M to date, including a recent $120M Series C round to fuel its next-generation actuarial platform growth.

A Culture of Excellence and Empathy

At Akur8, the culture is built on four core pillars: excellence through expertise, drive, humility, and empathy. Operating in a highly specialized environment, the team is expected to maintain the highest standards while remaining open-minded. The company emphasizes that machine learning is a tool to empower humans, not replace them. With over 40 nationalities and 30 languages represented, Akur8 fosters a diverse and inclusive environment, supported by employee-led resource groups.

What You'll Actually Do

Building a technical product for technical people means tackling complex, real-world problems. For software engineers, a typical day involves coding, participating in code reviews, and collaborating on architecture. Data scientists spend about 60% of their time coding, 30% understanding business needs, and 10% ensuring the solution remains state-of-the-art. The pace is dynamic, with agile principles guiding continuous improvement and a focus on delivering a sustainable, scalable codebase.

Compensation & Benefits

While specific compensation can vary by location and role, data from Levels.fyi indicates that a Software Engineer in France earns a median total compensation of around $72.7K, while a Data Scientist earns approximately $92.8K. Roles in the US, such as Partner Manager, can see compensation reaching up to $245K. The company offers a competitive salary, annual bonuses, and ongoing training opportunities, along with French classes for non-French speakers.

The Interview Process

The hiring process at Akur8 typically takes an average of 31 days. It begins with a screening call with a Talent Acquisition Manager to discuss your background and interest in the company. For technical roles, this is followed by a technical assessment or coding test. The final stages involve meeting with several managers and founders, and potentially visiting the office to get a real feel for the team and culture. Product Managers may also face a product use case presentation.

Why Join / Why Not

Why Join: If you are passionate about applying cutting-edge AI and machine learning to solve complex problems in a traditional industry, Akur8 offers a dynamic, fast-paced environment. The company is well-funded, rapidly growing, and places a strong emphasis on continuous learning and team collaboration.

Why Not: The insurtech space is highly specialized and demands a deep understanding of complex actuarial concepts, which might steepen the learning curve for those outside the industry. Additionally, the fast-paced, high-expectation environment typical of a scaling startup may not suit everyone.