Actuarial Analyst

Thimble

1d•Remote

About The Position

Thimble is seeking a Property & Casualty Actuarial Analyst to assist in the development, implementation, and offering of insurance products and to support the pricing of these insurance products. This position will report to the Actuarial Director. The ideal candidate will have at least 3 years of actuarial pricing experience for commercial lines of business and possess the technical skills required to work with the data.

Requirements

3+ years in an actuarial pricing role for various commercial lines, particularly those commonly found in small business or package products.
Familiarity with Verisk/ISO Circulars and other Verisk/ISO product offerings.
Excel and Power BI skills and programming capabilities in SQL, R, or Python.
Understanding of rate review processes and regulatory filings.
Exceptional attention to detail and organizational skills; able to manage multiple concurrent projects.
Strong interpersonal and communication skills and the ability to work cross functionally.
Inquisitive and intellectually curious.

Responsibilities

Develop accurate and timely actuarial analyses and rate level indications, including performing actuarial data adjustments for on-leveling, trend, and development and incorporating credibility.
Identify trends and opportunities to assist in making pricing recommendations to the leadership team that promote profitability and growth.
Develop actuarial support for rate filings and regulatory responses.
Monitor and review Verisk/ISO Circulars for adoption opportunities and conduct market research and analysis.
Provide necessary reporting to external stakeholders, including regulators, insurance/reinsurance partners, TPAs, and others.
Analyze and provide input on contracts surrounding profit-sharing agreements, TPA agreements, etc.
Develop, maintain, and validate/test databases and rating engines.
Review analyses and processes to improve accuracy, efficiency, and transparency.
Maintain strong controls and documentation around pricing assumptions, processes, methods, and results, in line with professional standards of practice and regulatory requirements.
Collaborate cross-functionally with the underwriting, engineering, data, product, finance, and marketing teams by providing actuarial perspective, reports, information, and insights.

Benefits

Fully remote company
Thimble Fridays! (out of office at 12:00pm local time)
Comprehensive health, vision, and dental coverage
401(k) auto enrollment and matching (100% of the first 3% and 50% of the next 3%)
PTO: 20 days vacation + 12 company-wide holidays + 8 floating days + 1 VTO (Volunteer Time Off) + unlimited sick time
Parental Leave: 100% paid 12 weeks + 2 weeks gradual return
Computer choice of Mac or PC
Work from home setup reimbursement
Monthly co-working space and/or child care reimbursement
Monthly ClassPass credit
Quarterly wellness reimbursement
Other health & wellness perks including: One Medical, Teladoc, Talkspace, Kindbody, and Health Advocate
Virtual events, happy hours, trivia, and fun!