Job Details

  • Full Time
  • United States
  • Posted:

Actuarial Director



We are seeking an Actuarial Director to lead Thimble in the development, implementation and offering of new insurance products to a wider and more diverse customer base, and to own the pricing of our insurance products across our organization.


Roles and Responsibilities


  • Primary actuarial support for Thimble Insurance Services, our general agency.
  • Provide leadership, vision, and direction to:
  • Drive pricing decisions including the advancement and execution of pricing tools and trend analyses. Work closely and cross-functionally with the Product Team which has responsibility for implementation of products and the User Experience across our app, web, APIs, and broker platforms.
  • Mastermind pricing of new products and coverages, including cutting-edge products with limited or no historical experience, performance monitoring, and trend analysis.
  • Work with the Leadership Team and the Finance Team, to play a key role in the production of the Thimble Operating Plan.
  • Propose and introduce changes or improvements that promote profitability and growth and take an active role in the implementation of these changes including defense to state regulators and reinsurers.
  • Communicate results analysis, and recommendations in a manner that is understandable and allows management to make operational changes where necessary with efficacy.
  • Provide strategic and operational planning advice including monthly and quarterly reporting to the Leadership Team, assessment of profit and financial performance and front-line risk management for Thimble business segments.
  • Develop and defend filings for regulators and defend them to regulators and capital partners.
  • Develop materials /reports for insurance and reinsurance risk capital partners and regulators.
  • Represent Thimble to underwriting executives and senior actuaries at various partner organizations.
  • Be relentlessly creative in the pursuit of new ways of pricing and structuring risk products for modern businesses.




  • Bachelor’s Degree.
  • FCAS or strong actuarial background required. 10+ years insurance P&C experience with at least 5 years’ experience in commercial lines.
  • Proactive individual who challenges existing processes, can influence others (including regulators) and drive a process to conclusions while meeting critical deadlines.
  • Independent thinker as well as challenger/advocate ensuring soundness of pricing and underwriting.
  • Drive to deliver results and strive for continuous improvement.
  • Ability to work well and respectfully with others, with minimal supervision and in a very fast-paced environment.
  • Ability to effectively manage multiple projects, prioritizing high impact ones.
  • Ability to make decisions quickly and decisively, thinking and acting strategically, planning for the long-term while balancing short-term needs of the organization.
  • Exceptional written and oral communication skills.
  • Creative problem solving, organizational, and planning skills.
  • Exceptional analytical and critical thinking skills with ruthless attention to detail.


What You’ll Do in 30 Days:


  • Understand Thimble’s product set and roadmap.
  • Take ownership of Thimble’s pricing initiatives.
  • Complete Pricing Review & Analysis (Delta from Current Filing and Justification for Competitive Positioning).
  • Understand Thimble’s Parametric BI offering.
  • Understand Thimble’s content/SEO strategy and the Insurance Team’s role in it.
  • Understand Thimble’s designated producer strategy.
  • Digest company performance and customer data to date and training on Thimble’s data infrastructure.
  • Review data dump including all team presentations, Board presentations, filings, PAA agreements, carrier presentations, and product documentation.
  • Understand Thimble’s claims process and future.
  • Understand organization, 2020 plan, and the insurance challenges.
  • Understand Carrier and reinsurer guidelines as they have been presented to us.
  • Carrier Partner pricing and rate/rule filing work for four lines of business.


What You’ll Do in 60 Days:


  • Understand Thimble’s financial model and insurance impact/budget.
  • Understand Thimble’s Business Development strategy (especially broker strategy) and impact of Thimble’s Business Development on insurance roadmap.
  • Assist in development of event offering in the GL and IM LOBs.
  • Assist in development of commercial property insurance product.
  • Assist in the development of automobile insurance products, including hired/non-owned auto product.
  • Develop pricing and rating processes in coordination with Product Team.
  • Meet virtually with key partners for introductions.
  • Streamline process for getting appropriate rates and rules into system.


What you’ll do in 90 days:


  • Contribute to assure strategic projects and goals are on plan and suggest modifications, if required.
  • Contribute to assure that the 2020 Product Plan is on target and completed.
  • Contribute to plan for investigation of new products for 2021-2022 and beyond.
  • Assist in pricing of 3rd Party Cyber product offering.
  • Assist in pricing of Workers Compensation product offering.




  • Comprehensive health, vision, and dental coverage.
  • 20 days paid vacation plus company-wide holidays.
  • Ability to work remotely.
  • Company computer hardware of your choice and a generous contribution to your remote office.
  • Virtual trivia and field trips.
  • Competitive pay.
  • Generous stock options.


How to apply

Apply Here for Actuarial Director