Commercial Underwriter - Product Specialist (Property/GL)

| Chicago
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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 $100M 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 customer -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. 


Role Responsibilities: 

To deliver on this exciting category-defining product we are seeking a creative, motivated and innovative commercial P&C leader to oversee our underwriting practice for property and general liability.  

As a key member of the Insurance Operations team, you will play an integral role in shaping our underwriting strategy. You will be responsible for delivering underwriting targets for all property and general liability policies, including BOP and commercial package.  You will be responsible for delivering underwriting guidelines aligned to the Vouch underwriting strategy, 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. 


Specific activities and responsibilities may include: 

  • Monitor and manage underwriting risk to deliver target loss ratio (PLR) all while supporting the unique strategy and model of Vouch - implement underwriting changes as needed (in coordination with Underwriting Operations and other functions)
  • Ongoing development of and maintenance of underwriting guidelines
  • Ensure adherence to underwriting guidelines - Implement appropriate controls (can be in coordination with Underwriting Operations) such as letter of authority, audits, or procedural changes
  • Act as subject matter expert in development of new programs and technical internal training - develop underwriting guidelines for new programs and filing updates
  • Manage account underwriting decisions in accordance with underwriting guidelines and Vouch service level standards
  • Develop and drive filing updates for mature products (18 to 24 months post launch) that: 
    •  contain meaningfully unique features perceived as highly valuable by tech startups; 
    •  allows vouch to grow and serve a high % of the market; 
    •  solve for the basic insurance needs of tech startups; and 
    •  are designed to produce an acceptable underwriting profit (PLR).

 

Qualifications: 

  • 5+ years experience in commercial P&C Underwriting - Direct underwriting experience and technical understanding of property, general liability and related lines, including BOP and commercial package. 
  • Experience working in a collaborative environment with the ability to develop underwriting guidelines that integrate the customer’s perspective, user experience concepts, auto decision orientation and our go to market strategy.
  • Experience building or working with underwriting guidelines
  • Adept at bringing creative insurance ideas to solve ambiguous problems
  • Ability to effectively manage multiple projects in a dynamic environment with the ability to prioritize high impact work
  • Bachelor’s Degree

Nice to Have: 

  • Startup experience or fast paced environment
  • Experience underwriting software, hardware or life science  industry classes

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, and perspectives. We are an equal opportunity employer and celebrate the diversity of our growing team.

 

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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

Vouch has 2 primary office locations in SF and Chicago. We also have roles that are open to remote team members.

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

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.

$20/week DoorDash credit.

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

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

Culture
Friends outside of work
Eat lunch together
Intracompany committees
Culture committee, DEI ERG, Women & Vouch
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Documented equal pay policy
Unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Some Meals Provided
Happy Hours
Fitness Subsidies
Home Office Stipend for Remote Employees
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Cross functional training encouraged
Promote from within
Continuing Education stipend
Customized development tracks
Paid industry certifications
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