Senior Underwriter, Midwest

Honeycomb Insurance•Chicago, IL

3d•$100,000 - $120,000•Hybrid

About The Position

Honeycomb Insurance is a rapidly growing global startup that is reinventing the commercial real estate insurance industry. We are backed by top-tier investors and powered by an exceptional team. We have dual headquarters in Chicago and Tel Aviv, with 6 offices across the U.S. We have insured over $100B in assets, operate across 23 states, and cover more than 65% of the U.S. population. Honeycomb offers an environment where innovation is celebrated, culture is valued, and employees are challenged to grow. We are looking for individuals who are passionate about making a difference in a dynamic industry.

Requirements

4+ years of underwriting/insurance experience with a strong LRO background required.
Commercial Habitational and Specialty Property experience is a valued addition.
Bachelor's degree or equivalent education/experience preferred.
Retail agency relationship preferred.
AI Proficiency and desire to seek automation and efficiency opportunities.
Curiosity, hardworking, self-accountable, positive attitude, humble and fun.
Ability to 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.

Responsibilities

Utilize mega data, AI, and curiosity for next-generation risk assessment, moving beyond binary underwriting.
Employ modernized underwriting techniques with cutting-edge technology to accurately and quickly assess risk, price, and customize coverage/terms for profitable growth and management of a book of business spanning Habitational and Lessor's Risk Only (LRO) package and excess liability.
Quote and release new and renewal LRO and habitational business referred from underwriting algorithms or seeking changes exceeding user authority thresholds.
Analyze and approve requested policy changes across the LRO and Habitational portfolio.
Maintain familiarity and compliance with state insurance regulations and ISO rules for all states within the assigned underwriting territory.
Maintain open, transparent, and supportive communications with team members and interdivisional partners.
Monitor portfolio composition through reports, audits, and inspections.
Support marketing functions and efforts to build and promote Honeycomb.
Complete special projects and assignments.
Travel as deemed necessary (<20%).