Careers

🚕 Are you keen to work somewhere that’s stimulating and friendly, with loads of opportunities for growth and plenty of freedom to make a real impact? This could be the place for you!

We are looking for a US Actuarial Director to join us at INSHUR! We’re based in New York City 🗽, Westlake, CA ⛰️ and Dallas, TX ⭐ and our company embraces a hybrid working model, allowing you to thrive in both collaborative office settings and the comfort of your own home 🏠. You’ll have the opportunity to work remotely while also connecting with your colleagues at our New York or Westlake office at least 2 days a week fostering a dynamic and supportive environment.

Supported by (and reporting to) the Business Director, you'll be joining a growing global insurance team who believe in delivering highly innovative, data-led, sustainable insurance products by challenging everything they know about insurance.

We value high performance and care deeply about making INSHUR a place where everyone is building something special, that we can all be proud of, while enjoying the ride.

What you'll do

The US Actuarial Director will lead a team of actuaries to develop and maintain pricing models, ensuring regulatory compliance and profitability. They will analyze data, collaborate with various teams, and communicate effectively with stakeholders, while staying abreast of industry trends and emerging risks. Additionally, the Director will oversee reserving and loss ratio analysis, particularly for commercial auto lines.

You’ll be working on:

• Oversee actuarial team: Lead and mentor a team of actuaries, guiding them in developing, implementing, and maintaining pricing models.
• Ensure regulatory compliance: Oversee the actuarial function to ensure adherence to all applicable regulations and professional standards.
• Develop and refine pricing models: Create and enhance pricing models to assess risk and profitability for commercial auto insurance products.
• Analyze data and trends: Analyze large datasets to identify trends, inform pricing strategies, and make data-driven recommendations.
• Collaborate cross-functionally: Work closely with underwriting, product development, and finance teams to align pricing strategies with business goals and ensure profitability.
• Monitor product performance: Continuously monitor and analyze the performance of existing commercial auto insurance products, making necessary adjustments to pricing models to optimize profitability and competitiveness.
• Communicate effectively with stakeholders: Prepare and present pricing reports and presentations for senior management, stakeholders, and investors, clearly articulating complex actuarial concepts.
• Manage investor relations: Serve as the primary point of contact for investors on all matters related to loss ratio, pricing, and reserving for commercial auto lines.
• Stay informed and adaptable: Stay abreast of industry trends, regulatory changes, and emerging risks in the commercial auto insurance market to inform pricing decisions and strategies.
• Support rate filings and regulatory processes: Provide actuarial support for the development and filing of rate changes with regulatory bodies, ensuring compliance and accuracy.
• Provide actuarial expertise: Offer expert actuarial advice and support to other departments within the company, fostering a data-driven and risk-aware culture.

🎯 We don’t have a definite checklist of skills – our hiring process is much more about aptitude and passion than ticking boxes. So don’t worry if you haven’t used a particular tool or checked off all the listed skills and experience.

That said, below is a guideline of skills that we think would make you successful in this role:

We'd love to hear from you if you have:

• Commercial Auto Insurance Expertise: We're seeking candidates with proven experience in Commercial Auto or Fleet insurance, demonstrating a deep understanding of this specific market segment.
• Strong Quantitative Background: A Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field provides a solid foundation for the analytical demands of this role.
• Regulatory Knowledge: Familiarity with insurance regulations and pricing compliance requirements is crucial for ensuring our products and practices adhere to industry standards.
• Actuarial Credentials: Holding an Associate or Fellow of the Society of Actuaries (ASA or FSA), or an equivalent actuarial designation, validates your expertise and commitment to the profession.
• Technical Proficiency: Skill in actuarial software and tools (e.g., Excel, R, Python, SAS, or similar) enables you to effectively analyze data and build pricing models.
• Analytical Mindset: Strong analytical and problem-solving skills, coupled with a keen attention to detail, are essential for identifying trends, assessing risks, and making informed decisions.
• Communication Skills: Excellent written and verbal communication skills allow you to clearly and concisely convey complex actuarial concepts to non-technical stakeholders.
• Collaboration and Stakeholder Management: Experience working with underwriting and product development teams highlights your ability to achieve shared goals and ensure alignment on pricing strategies.
• VC Experience (Preferred): Experience working with VC-backed companies and a strong understanding of the VC investment landscape and expectations are highly valued.
• Advanced Modeling Skills (Prioritized): Proficiency in predictive modeling and machine learning techniques, along with familiarity with SQL or other data management tools, will set you apart.

You’ll love it here if you:

💡 Thrive navigating ambiguity and finding clarity in uncertain situations.

👏 Take pride in being accountable and owning your responsibilities.

🚀 Enjoy in a fast-paced environment where change happens quickly.

🔧 Are solutions-focused and driven to overcome challenges.

💪 Embrace resilience and adapt to setbacks with a positive attitude.

🧠 Are intellectually curious, constantly seeking to learn, explore new ideas, and not afraid to question and improve your understanding.

You may not enjoy working here if:

⏳ Prefer a more structured, slow-moving environment.

📝 Feel most comfortable when tasks and processes are clearly defined from the start.

🤔 Struggle with handling multiple challenges at once or adapting to frequent changes.

🚫 Tend to stick strictly to your defined role and avoid contributing outside of your responsibilities.

What to expect from the process:

Screen & Intro: 30-minute video call with the Talent Team to discuss the role and your experience.

First Interview: 60-minute video call with the Business Director and People Ops Partner, including technical questions, team fit and an opportunity for you to ask questions.

Case Study: A brief take-home task followed by a 45-60 minute in-person interview with the Business Director and UK Head of Pricing to review the case study and technical fit.

Final Interview: 45-minute video call with the CEO and CFO to discuss strategy and commercial experience and an opportunity for you to ask questions

What we offer

Our budget for this role is $200,000-250,000 and we will take into account any previous experience and location of work when agreeing on the final offer.

We offer all our employees stock options. We've also built a benefits package that invests in our people’s long-term personal and professional growth and wellbeing. Here’s a sample of what this includes:

🌴 25 days of holiday (+5 days after 5 years), 5 sick days and 8 federal holidays

🩺 Medical, dental and vision health insurance plans

🛡️ Life insurance, short-term, and long-term disability benefits

🍼 13 weeks fully paid parental leave for all new parents, regardless of your gender

💵 401(k) with 4% company match

🚉 Commuter Benefits

🕐 Flexible working hours to fit your lifestyle

📚 $650 annual training allowance & learning opportunities

🧘‍♀️ $50 monthly wellbeing and home setup allowance

📞 24/7 Employee Assistance Program and mental health benefits

It goes without saying that we provide everyone with a laptop, monitor, top of the range kit, and any software you need.

About Us

🚕 INSHUR is the fastest-growing global provider of insurance for the on-demand economy, making coverage fair and accessible for drivers.

💡Cutting edge technology & deep insurance know-how underpins our revolutionary offering for on-demand drivers, keeping premiums affordable and delivering results for partners. With a focus on embedded insurance solutions, and complementary technology integrations for digital platform providers such as Uber, Amazon, Bolt, FREENOW and OLA, we’ve been helping drivers stay on the road since 2016 through our data, technology and in-house insurance expertise.

🚀 Backed by some off the most forward thinking VC’s including Viola Growth, JVP, Munich Re, Viola Fintech, MTech Capital, Antler, and MS&AD, we have secured over $70 million in funding as well as the acquisition of American Business Insurance in 2023. We have exciting plans to continue growing our portfolio and product lines and expand to new territories in the future.

🌍 As a global team of around 250 people based across the US, UK, and the Netherlands, we value:

🤝 Generosity, inclusivity, open-mindedness, and diversity

🏆 Delivering great results and learning in the open

🎯 Freedom to make long-term, high-impact decisions

💙 The wellbeing of our teammates and the people around us

And… Enjoying the ride!

Equal opportunities

🌈 At INSHUR, we believe that having a diverse team where everyone can bring their authentic selves to work is key to our success. We’re passionate about creating equal opportunities and making the tech industry a better place for all and we don’t discriminate based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, marital status, disability, or age.

🌍 As of July 2024, our team consists of 43% women, 26% from BAME or BIPOC backgrounds, and 13% LGBTQ+ 🌈. We proudly represent 30+ nationalities and span multiple generations, including Baby Boomers, Gen X, Millennials, and Gen Z. We’re proud to have been recognised for Diversity and Inclusion by the British Insurance Awards 🏆.

🏢 We recognise that early-stage companies often hire people similar to the existing team—something we’ve worked hard to overcome. We follow a structured hiring process and ensure our interview teams are trained to foster inclusivity and equity.

⏰ While this position is advertised as full-time, we’re flexible on specific arrangements and happy to discuss options like part-time, job-sharing, or other flexible work setups for the right candidate.

🛠️ If you need any adjustments during the interview process, please let us know, and we’ll do our best to accommodate your needs.