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Policy Operations Specialist

About Vouch:

At Vouch, we believe business insurance should move at the speed of innovation. Legacy insurance providers can’t keep up with the emerging risks of high-growth companies, leaving clients stuck with outdated, rigid coverage.

Vouch is a modern insurance provider dedicated to the innovation economy. Backed by $185M in funding from world-class investors, we’re reimagining business insurance—just as Stripe transformed payments and Brex reimagined credit cards.

Our platform replaces complex, legacy processes with a streamlined, tailored approach to risk management. Advanced technology simplifies every step, while expert advisors negotiate coverage as dynamic as the industries we serve. With Vouch, clients get the right coverage at the right price—and a team that scales with them.

Why should you join our team and Vouch?

Not only is this an exciting and growing team where you can drive a real impact on our operational scalability, but Vouch is also the preferred insurance provider to customers of Y Combinator, Brex, Carta, and WeWork. We’re a quickly growing startup that believes in transparency and acknowledgment with our team members and cultivating a values-driven company. Our values are “Put People First,” “Listen, Challenge, and Grow,” “Face challenges head-on and win as a team,” and “Serve clients with integrity and excellence.”

 

What does a work environment look like at Vouch?
Vouch has employees located across the U.S., with offices in San Francisco, Chicago, and New York City. This role can be based anywhere in the U.S. as long as you can work our Vouch core collaboration hours (8:30 am-2:30 pm Pacific Time) when most internal meetings are held.


Role Responsibilities: 

As a Policy Operations Specialist, you will be essential in delivering an exceptional experience to Vouch clients by ensuring accurate and efficient execution of policy administration tasks. Reporting to the Policy Operations Manager your primary responsibilities will include managing broker and client requests for mid-term policy changes, endorsements, cancellations, policy binding, and renewals.

In addition to these core responsibilities, you may also be involved in project work aimed at improving and streamlining policy operations processes. This could involve contributing to initiatives that enhance workflow efficiency, support compliance, or improve client outcomes.


Job Duties: 

  • Establish highly trusted and supportive relationships with our brokers, clients and internal teams

  • Execute on mid-term policy changes, including endorsements, coverage amendments and policy renewals

  • Execute on other policy maintenance activities like binding, policy issuance and other related tasks as needed

  • Deliver consistent and timely responses to policy servicing requests and issues

  • Drive additional value by identifying areas to improve processes and procedures, focused on delivering great broker and client experiences and increasing operational efficiency

  • Assist with documenting day-to-day processes and improvements

About You:

  • 2+ years experience in a fast-paced and customer service-oriented work environment

  • 1+ year of experience in an insurance-related service-orientated role

  • A strong sense of empathy for brokers and clients

  • Strong problem-solving skills

  • Strong communication and organizational skills

  • Ability to track, prioritize and drive high volumes of policy servicing requests

  • Ability to manage multiple tasks of varying natures at one time

  • Ability to deal well with ambiguity and maintain composure in complex situations

  • Dependable, positive, and detail-oriented with excellent follow-through skills

Nice To Have:

  • Bachelor's Degree (in Business, Insurance & Risk Management or a related field a plus)

  • Experience in Commercial Insurance

  • Exposure to and passion for early-stage startups and/or high growth environments

Vouch provides several benefits to help you bring your best self to work:

  • 💰 Competitive compensation and equity packages

  • ⚕️ Health, dental, and vision insurance

  • 👶 Parental leave

  • 🌴 Flexible vacation time (Unlimited PTO)

  • 🎨 🧠 Wellness allowance ($80/month)

  • 📲 🛜 Technology allowance ($100/month)

  • 📚 Professional Development ($500/Yr)

  • 💻 🎧 Home office setup (One-time $500)

  • 🏫 📈 L&D: Partnerships with Ethena, Hone, and monthly Lunch & Learns

  • 🏳️‍🌈 ♀️ 🤝 Employee Groups: Vouch supports various employee groups to foster an inclusive, equitable workplace and create affirming, empowering, employee-centered spaces for conversation, community, and support. These groups include Pride @ Vouch, Women @ Vouch, Black @ Vouch, Virtual Connections, Pop Culture, Pets of Vouch, Skincare, Astrology, Plants, etc.

  • 🧘 💲 Wellbeing: Voucher’s have access to many wellbeing perks, including Calm, Peloton, Headspace, Fetch, OneMedical, SoFi, etc.

  • 📊 Annual performance reviews with quarterly check-ins: Vouch conducts quarterly review discussions with all team members, offering goal setting and check-ins, development discussions, and promotion opportunities.


What to expect in the interview process:

  • 30-minute phone call with our recruiting team

  • 30 minute Zoom interview with the hiring manager

  • Meet the team! 30-45 min 1:1 Zoom meetings with 3-4 team members you’d work closely with in the role

Salary Range:

The pay range for this role is: $55,000 to $60,000 per year. 

Our salary ranges are based on paying competitively for our size and industry and are part of our total compensation package, which also includes benefits and other perks. We also include stock options in all compensation packages and believe all Vouch employees should have the opportunity to become owners in the company. Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.

Vouch believes in putting our people first, and building a diverse team is at the front of everything we do. We welcome people from different backgrounds, experiences, perspectives, and ranges of abilities. We are an equal-opportunity employer and celebrate the diversity of our growing team. 


If you require reasonable accommodation to complete this application, interview, complete any pre-employment testing, or otherwise participate in the employee selection process, please direct your inquiries to recruiting@vouch.us.

Average salary estimate

$57500 / YEARLY (est.)
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$55000K
$60000K

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What You Should Know About Policy Operations Specialist, Vouch Insurance

At Vouch, we’re on a mission to revolutionize business insurance for high-growth companies, and we’re looking for a Policy Operations Specialist to join our dynamic team. This role is central to ensuring our clients have an exceptional experience by accurately managing policy administration. You will be responsible for handling requests around policy changes, endorsements, and renewals, making your role vital to our clients' success. Working under the guidance of the Policy Operations Manager, you’ll dive deep into the day-to-day tasks while also exploring project opportunities that enhance our processes. We pride ourselves on fostering a collaborative and transparent work environment, where your ideas are valued and teamwork is at the heart of everything we do. At Vouch, we know that the right team can transform how insurance is perceived and utilized by innovative companies. You’ll build strong relationships with brokers and clients, ensuring seamless communication and delivering timely responses to their requests. Beyond the core responsibilities, you might also contribute to projects aimed at streamlining policy operations, identifying areas for process improvement, and emphasizing exceptional customer service. If you have a passion for startup environments, a keen eye for operational excellence, and want to make a real impact in an industry poised for transformation, Vouch is the place for you. We offer competitive compensation, a range of benefits to support your well-being, and a company culture that prioritizes people. Join us on our journey to reshape the future of insurance!

Frequently Asked Questions (FAQs) for Policy Operations Specialist Role at Vouch Insurance
What are the main responsibilities of a Policy Operations Specialist at Vouch?

As a Policy Operations Specialist at Vouch, your main responsibilities include managing broker and client requests for policy changes, handling endorsements and renewals, and ensuring efficient execution of policy administration tasks. You will play a key role in delivering exceptional experiences for our clients, and you may also participate in projects aimed at streamlining our operations.

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What qualifications do I need to apply for the Policy Operations Specialist role at Vouch?

To apply for the Policy Operations Specialist position at Vouch, you should have at least 2 years of experience in a customer service-oriented environment, with a minimum of 1 year in a service-oriented role related to insurance. Strong problem-solving skills, excellent communication abilities, and a detail-oriented mindset are also important criteria for this role.

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How does Vouch support the professional development of its Policy Operations Specialists?

Vouch is committed to the professional development of its employees, including Policy Operations Specialists. We offer a yearly professional development budget, access to learning partnerships, and engaging Lunch & Learn sessions. Our culture encourages growth and continuous learning, ensuring that you have ample opportunities to enhance your skills.

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What is the work culture like for a Policy Operations Specialist at Vouch?

The work culture for a Policy Operations Specialist at Vouch is collaborative, inclusive, and values-driven. We emphasize putting people first and encourage team members to listen, challenge, and grow together. Our remote-friendly structure means you can work from anywhere in the U.S. while aligning with our core collaboration hours.

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What technologies or tools will I be using as a Policy Operations Specialist at Vouch?

In the role of Policy Operations Specialist at Vouch, you will likely use a variety of digital tools and systems designed for policy management and client communication. Advanced technologies are an integral part of our streamlined approach to risk management, so you’ll be well-equipped to manage high volumes of policy servicing requests efficiently.

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Common Interview Questions for Policy Operations Specialist
How do you prioritize tasks as a Policy Operations Specialist?

In prioritizing tasks as a Policy Operations Specialist, it’s essential to consider deadlines and the impact on client satisfaction. Start by assessing urgent requests and any potential repercussions of delays, communicate effectively with your team to align on priorities, and keep organized to manage multiple tasks efficiently.

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Can you describe a time you improved a process in your previous role?

When addressing the interview question about improving a process, share a specific example where your initiative led to enhanced efficiency. Focus on the problem faced, the solution you implemented, and the positive outcome achieved, reinforcing your ability to drive process improvements.

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How do you handle difficult clients in a policy operations context?

When dealing with difficult clients, approach the situation with empathy and active listening. Acknowledge their concerns, provide reassurance, and work collaboratively to find a solution, ensuring they feel valued and understood. Maintaining a positive attitude can go a long way in diffusing tension.

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What interests you about working at Vouch as a Policy Operations Specialist?

Express your passion for Vouch's innovative approach to business insurance, highlighting how their values resonate with you. Discuss your excitement for contributing to a dynamic team in a fast-paced startup and your commitment to helping clients navigate the evolving landscape of insurance.

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Describe your experience in policy administration tasks.

Outline your relevant experiences in policy administration, including handling endorsements, renewals, and effective communication with clients or brokers. Use examples that demonstrate your attention to detail, your ability to maintain compliance, and your proactive approach to ensuring client satisfaction.

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How do you stay organized when handling multiple policy requests?

To maintain organization while managing multiple policy requests, utilize task management tools and calendars. Prioritize tasks based on urgency and impact, keep diligent records, and communicate clearly with your team to ensure everyone is aligned and informed.

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Have you worked with insurance brokers? What has been your experience?

If you have worked with insurance brokers, provide examples of the collaborations you’ve had. Highlight your understanding of their needs and expectations, and cover how you’ve built relationships to facilitate effective communication and timely resolution of issues.

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What role does communication play in your work as a Policy Operations Specialist?

Communication is vital as a Policy Operations Specialist. It ensures clarity around policy needs, fosters collaboration with brokers and clients, and helps maintain a transparent workflow. Effective communication also allows for prompt responses to inquiries, facilitating better client experiences.

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What steps do you take to ensure compliance in policy administration?

To ensure compliance in policy administration, familiarize yourself with regulatory requirements and company policies. Keep updated on changes in the industry, regularly track policy documentation, and consistently communicate with your team to identify and address any compliance-related issues.

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What skills do you think are crucial for success in the Policy Operations Specialist role?

Critical skills for success in the Policy Operations Specialist role include strong problem-solving abilities, effective communication, organizational skills, and a deep sense of empathy for clients and brokers. Adaptability and resilience in navigating challenges also greatly contribute to success.

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Vouch, based in San Francisco, California, is a new kind of insurance platform for startups, offering fully digital, tailored coverage that takes minutes to activate.

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Full-time, remote
DATE POSTED
December 14, 2024

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