Head of Underwriting

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About Vouch:

Insurance... sounds slow, old-fashioned, and unexciting. Exactly. Insurance is broken, and it's failing fast-moving, innovative startups.

Vouch is a new, technology-first insurance company backed with $160M in funding from world-class investors. Like Stripe for payments or Brex for credit cards, Vouch is creating the go-to business insurance for high-growth companies.

We're doing this by making insurance fast, responsive, and focused on our customers -high growth and innovative companies. Instead of printed PDF applications and week-long waits, Vouch is building new technology to solve real problems, writing policies that actually cover relevant startup scenarios, and designing simple experiences in an otherwise frustrating industry. 

What does a work environment look like at Vouch?

Vouch has a 3-HQ model: Office-Based, Office-Linked, and Remote-First. This role is Office Linked, which means that team members must live within a 2-3 hour commute from one of our main offices (SF or Chicago) and be able to easily come into the office on an as-needed basis. We expect team members will be in the office on average 3-4 days per month. However, due to Covid, we are promoting flexibility with this structure and currently encourage folks to stay home if they feel more comfortable.


Role Responsibilities: 

To deliver on this exciting category-defining product, we are seeking a creative, motivated and innovative leader to oversee our underwriting practice.  

As a key member of the Insurance Operations leadership team, you will play an integral role in shaping our insurance strategy. You will be responsible for delivering underwriting guidelines aligned to the Vouch strategy and model, technical insurance expertise and guidance, ongoing risk assessments and underwriting changes all to support our mission of crafting the best insurance for those building the future. More broadly, you will be responsible for building Vouch’s underwriting organization.


Job Duties: 

  • Establish and continue to evolve Vouch’s underwriting strategy
  • Ensure overall underwriting guidelines are consistent, deliver on Vouch’s strategy + growth objectives; All while delivering  to L/R targets
  • Oversee Underwriting team and implement strategic frameworks to both deliver on L/R Targets while supporting Vouch’s overall strategy and growth
  • Develop, implement and manage practices that ensure ongoing assessment of risk trends and ensure appropriate changes to underwriting guidelines (both expansive and restrictive)
  • Ensure Insurance Ops is identifying new or shifting risks/trends and driving appropriate underwriting changes
  • Collaborate with Insurance Product Innovation to ensure delivery of changes to insurance products and new verticals or new product expansions
  • Develop and implement practices and infrastructure for ensuring appropriate ongoing adherence to underwriting guidelines
  • Ensure ongoing delivery and updates of needed internal training, tools, and content to GTM and Core Underwriting
  • Drive Key Metrics: Primary = Loss Ratio and Premium; Secondary = Aperture: % of Target Market Guidelines Can Serve, Conversion and Retention, % of Accounts into Discretion (efficiency)


About you:

  • 10+ years experience in insurance or the commercial financial sector.
  • Adept at bringing creative ideas to solve ambiguous problems
  • Exceptional communication skills, with an emphasis on real-time interaction, either written or verbal
  • Ability to effectively manage multiple projects with the ability to prioritize high impact work
  • Bachelor’s Degree


Nice to have:

  • Exposure to and passion for early-stage startups and/or high growth environments
  • A background in insurance or other regulated categories 


Vouch provides a number of 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)
  • Monthly Doordash credits ($80/month) 


Vouch believes in putting our people first, and building a diverse team is at the front of everything that 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 a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participate in the employee selection process, please direct your inquiries to [email protected].


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Technology we use

  • Engineering
  • Product
    • JavascriptLanguages
    • RLanguages
    • RubyLanguages
    • SqlLanguages
    • TypescriptLanguages
    • ReactLibraries
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • VueFrameworks
    • TypescriptFrameworks
    • Google AnalyticsAnalytics

Location

Although Vouch is Virtual First, team members can choose to be Remote, Office Aligned, or Office flex. We regularly host on-site and virtual events like lunches, ERG events, game nights, and more! Vouch values work-life balance which our core collaboration hours of 8:30 am - 2:30 pm PT reflects.

An Insider's view of Vouch Insurance

What's something quirky about your company?

One of our most popular Slack channels is #pets-of-vouch which showcases all our favorite pets ranging from dogs, cats, a hedgehog, and even a tomato plant named Tommy Tomaté Ragu! Our best-attended virtual team social events also included three different Pet Parades where we were introduced to the "Pets of Vouch" live!

Anna

Compliance Specialist

What makes someone successful on your team?

It is defined by working together to be the voice of our clients. Our culture of thriving as one allows me to tap into the vast, collective knowledge of the whole Vouch team to help provide great solutions. Being successful is not always knowing the exact answer or closing a deal, but ensuring we take all efforts to meet the needs of our clients.

Ore

Account Manager, Success

What are Vouch Insurance Perks + Benefits

Vouch Insurance Benefits Overview

We provide a competitive perks and benefits package including the following:

We cover 85% of health benefits for employees (health, dental, vision) as well as 75% as dependents

Parental Leave

Unlimited PTO

We have federal holidays off, in addition, we do also have months that do not have holidays so our leadership team picks one day in that month that we all take off (regular 3 day weekends)

$80 wellness reimbursement each month which is up to you how to use (Fitness classes, gym membership, home equipment, mental wellness, etc.)

$100 Technology - Cell/Internet phone allowance.

$500 continuing education stipend - (Certs, classes, etc.)

You get to work with an amazingly collaborative, smart, fun, and hard-working team!

Culture
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Documented equal pay policy
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
Company equity
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Return-to-work program post parental leave
Vacation + Time Off
Unlimited vacation policy
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Fitness stipend
Home-office stipend for remote employees
Onsite gym
Professional Development
Job training & conferences
Lunch and learns
Promote from within
Continuing education stipend
Customized development tracks
Paid industry certifications

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