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Underwriter

Employer
Honeycomb Insurance
Location
Chicago, Illinois
Salary
Not Specified
Closing date
Feb 11, 2023

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Category
Underwriting
Job Type
Full Time
Career Level
Entry Level

Job Details

Honeycomb (HoneycombInsurance.com) is an award winning Insure-tech startup, founded by serial entrepreneurs and industry veterans and backed by top investors. Honeycomb is reinventing real-estate insurance and provides simple, fair, and affordable insurance through its end-to-end digital platform. Honeycomb leverages user-generated proprietary data, advanced Artificial Intelligence and Computer Vision to automate a currently manual, inaccurate and costly underwriting process.

That’s driven explosive growth since launch with both customers and agency partners quickly adopting Honeycomb’s differentiated offerings and digital experience producing revenues growing 2-3X month over month.

Honeycomb is not only reinventing habitational insurance - we are also providing the tools and underwriting systems to improve the underwriting workflow to provide needed information at your fingertips, aggregated digestible information for fast simplified risk review and assessment coupled with rating systems that are end-user developed providing intelligent and efficient quote proposal generation.

What You’ll Do

Next-generation risk assessment – deinvesting away from binary underwriting and revisioning risk selection utilizing mega data, AI and curiosity.   Modernized underwriting using cutting edge technology to more accurately and quickly assess risk, price and bespoke coverage/terms to profitably grow and manage a book of business. Honeycomb offers an environment of personal and career growth to achieve your best self through mentorship, engaging project assignments, personalized training and develop, and internal and exterior exposure opportunities to expand your network and sphere of influence.

  • Quote and release new and renewal business that has been either referred from underwriting algorithm or seeking changes that exceed user authority thresholds
  • Analyze and approve requested policy changes
  • Maintain familiarity and compliance with state insurance regulations and ISO rules for all states within assigned underwriting territory
  • Maintain open, transparent and supportive communications with team members and interdivisional partners
  • Monitor portfolio composition via reports, audits and inspections
  • Support marketing functions and efforts to build and promote Honeycomb
  • Complete special projects and assignments
  • Some travel as deemed necessary <10%
  • Preferred location is Chicago, but can be relevant to remote candidates as well. 

Basic Requirements

  • 2+ years of underwriting/insurance experience
  • Bachelor’s degree or equivalent education/experience preferred
  • Retail agency relationship preferred
  • Curiosity, hardworking, self-accountable, positive attitude, humble and fun
  • Have an opinion, share your opinion and be open to other opinions
  • Passion to obtain, retain and employ knowledge – as well as share knowledge
  • Excellent verbal and written communication skills
  • Strong analytical skills and attention to detail

Benefits

  • Health Benefits
  • Employee options grant 
  • 401K  
  • Flexible paid time off
  • Paid national holidays

 

Company

Honeycomb (HoneycombInsurance.com) is an award winning Insure-tech startup, founded by serial entrepreneurs and industry veterans and backed by top investors. Honeycomb is reinventing real-estate insurance and provides simple, fair, and affordable insurance through its end-to-end digital platform. Honeycomb leverages user-generated proprietary data, advanced Artificial Intelligence and Computer Vision to automate a currently manual, inaccurate and costly underwriting process.

Company info
Telephone
+972525582981
Location
222 S. Riverside Suite 1500 / 15th floor Chicago
Chicago
Illinois
60606
US

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