Underwriter - Private Company & Professional Lines

Who we are at Embroker

Embroker makes commercial insurance simple.

Since 2015, our team has worked to bring the insurance industry into the 21st century and beyond. Backed with $150M in funding, Embroker is creating the go-to business insurance for high-growth companies. Our digital-first experience combines the best policies with the right rates that fit customer needs.

Nothing is possible without our team. As part of the Embroker Pack, you will have a direct and enormous impact on daily operations, team interactions, and culture. You'll build cool things, meet great people, and grow with us. All from the comfort of your couch.

We are helping businesses plan for tomorrow, so they can change the world today. Are you in?

The value of this position

Individuals in this role will:

• underwrite business that falls outside of our online quoting platform;
• expand the appetite of our online quoting platform;
• optimize our portfolio;
• assist the insurance product manager in refining our risk and product/market fit; and
• assist the insurance team in our strategic initiatives

What you will own in this role

• Grow your business:
• Production associated with underwriting professional lines of business for private companies( D&O, EPL, Fiduciary, Tech E&O, Cyber, Crime), including VC funded technology companies (e.g. Fintech, SaaS and Healthtech).
• On a monthly basis, importing lessons from manual underwriting to maximize the appetite, market penetration and growth of the online platform.
• Beat the Pegged Loss Ratio:
• Setting profitable terms, conditions, and pricing for referrals to ensure risk adjusted underwriting profitability.
• On a monthly basis, importing lessons from manual underwriting to ensure profitability.
• Portfolio Management:
• Recommend portfolio optimization improvements.
• Insurance Team Project Work:
• Assist the insurance team and insurance product managers in project work that drives growth, scale, insurance profitability and radically simplifying insurance.

What experience we think is the right fit

• College Degree required.
• Minimum 2-3 years of technical experience underwriting management liability, with a preference for individuals with experience underwriting technology companies or financial institutions.
• High level proficiency in policy language and legal concepts affecting management liability.
• Insurance product management and/or portfolio management is a plus.

Our Pack at Embroker lives our values

• Pack First
  We succeed and fail as one team. We always optimize for what is best for our entire organization. We communicate honestly and openly, treat each other with mutual respect, and assume positive intent in interactions.

• Create Magic
  We deliver delightful experiences at every customer touchpoint and dedicate ourselves to make each one exceptional. We build transformational world-class products by applying our full creativity to find solutions to even the hardest problems.

• Be All-In
  We make focused commitments. We are accountable to ourselves and each other to deliver on time. We move fast and attack challenges with relentless positivity. We build things that make us proud.

We believe that systemic structures and practices disproportionately disadvantage the most marginalized people in society — including people of color, people from working-class backgrounds, women, and LGBTQ people. We believe that these communities must be represented and included in the work we do, to make our Pack stronger, more creative, and improve the way we do business. We strongly encourage applications from people with these identities or who are members of other marginalized communities.