Director of Underwriting

Summary

Join Thimble, a leading insurtech platform, as a seasoned underwriting leader. You will play a player/coach role, overseeing underwriting operations and developing new products for a diverse customer base. Responsibilities include developing and maintaining underwriting guidelines, ensuring adherence to standards, assisting claim adjusters, and contributing to new product filings. You will monitor underwriting risk, identify necessary changes, and collaborate with various teams. This role requires extensive experience in small nationwide commercial P&C insurance underwriting, digital SMB underwriting, and product development within a tech organization. Thimble offers a fully remote work environment and a comprehensive benefits package.

Requirements

• 7+ years of small nationwide commercial P&C insurance underwriting experience, with the ability to still be hands-on
• Skilled in digital SMB underwriting
• Experience managing all underwriting functions, including all underwriting procedures, updating/editing guidelines, and implementing best practices as the underwriting team is currently a team of 1
• Strong understanding and experience with product development within a tech organization/company
• Strategic and operational experience in elevating underwriting acumen and related functions
• Skilled in collaborating with key stakeholders and leaders of multiple teams
• Proficiency in analyzing and making decisions in a timely and decisive manner
• Ability to work well and respectfully with others, with minimal supervision, in a very fast-paced environment
• Experience managing and prioritizing multiple projects
• Exceptional written and oral communication skills
• Microsoft Word and Excel proficiency
• Creative problem-solving skills
• Bachelor's Degree or equivalent experience

Responsibilities

• Ongoing development, revision, implementation, and maintenance of underwriting guidelines and coverage applications
• Ensure adherence to underwriting guidelines and principles of Thimble Underwriting referrals in accordance with Thimble standards
• Assist claim adjusters with underwriting issues on claims where required
• Assist in the development of initial filings for new products and filing updates for mature products that do the following
• Contain meaningfully unique features perceived highly valuable by our customer groups
• Allow Thimble to grow significantly in the SMB market
• Solve the basic insurance needs of our customer groups
• Produce an acceptable underwriting profit
• Monitor and manage Thimble's underwriting risk to deliver target loss ratio while supporting Thimble's mission and strategy
• Identify necessary underwriting changes

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 + 8 floating days + 10 company-wide holidays + 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!