Senior Underwriter, Midwest

Honeycomb InsuranceChicago, IL
Hybrid

About The Position

Honeycomb Insurance is a rapidly growing global startup that is reinventing the commercial real estate insurance industry. We are looking for a Senior Underwriter to join our team. This role will focus on next-generation risk assessment, utilizing mega data, AI, and curiosity to assess risk, price, and bespoke coverage/terms for habitational and Lessor's Risk Only (LRO) package and excess liability. Honeycomb offers an environment of personal and career growth through mentorship, engaging project assignments, personalized training and development, and opportunities to expand your network. We are recognized for our innovation, culture, and exceptional team.

Requirements

  • 4+ years of underwriting/insurance experience with a strong LRO background required
  • Bachelor's degree or equivalent education/experience preferred
  • AI Proficiency and desire to seek automation and efficiency opportunities
  • 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

Nice To Haves

  • Commercial Habitational and Specialty Property experience is a valued addition to that background, not a standalone requirement
  • Retail agency relationship preferred

Responsibilities

  • Quote and release new and renewal Lessor's Risk Only (LRO) and habitational business that has been either referred from underwriting algorithm or seeking changes that exceed 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 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 <20%

Benefits

  • Health Benefits
  • Employee options grant
  • 401K with employer match
  • Flexible paid time off
  • Paid national holiday
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