Honeycomb Insurance

Senior Specialty Underwriter, East

Singapore, Singapore, Singapore

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Insurtech, Commercial Real EstateIndustries

Requirements

Candidates must possess at least 5 years of habitational underwriting or insurance experience, with a strong understanding of habitational insurance products, coverages, and underwriting principles. A Bachelor's degree or equivalent education/experience is preferred, as is experience with retail agency relationships. The ideal candidate will be located in the Eastern territory, have a working knowledge of the East Coast insurance landscape, and demonstrate curiosity, a strong work ethic, self-accountability, a positive attitude, humility, and a passion for learning and sharing knowledge. Excellent verbal and written communication and strong analytical skills with attention to detail are also required.

Responsibilities

The Senior Specialty Underwriter will play a key role in establishing the company's presence in the light-nonadmitted market by quoting and releasing new business that exceeds user authority thresholds or is referred from an underwriting algorithm. Responsibilities include analyzing and approving policy changes in compliance with guidelines and regulations, maintaining familiarity with E&S state insurance regulations and ISO rules, and fostering open communication with team members and partners. The role also involves monitoring the E&S portfolio, supporting marketing efforts, completing special projects, and potentially traveling less than 10% of the time.

Skills

Underwriting
Risk Assessment
AI
Data Analysis
Commercial Real Estate Insurance

Honeycomb Insurance

Real estate insurance for property owners

About Honeycomb Insurance

Honeycomb Insurance simplifies real estate insurance for condo associations, homeowners associations (HOAs), building owners, property managers, and developers. The company provides instant quotes and cost savings of up to 40% by using advanced technology and expert advice. Unlike competitors, Honeycomb focuses on a people-centered, tech-driven approach that streamlines the insurance process. Its goal is to make real estate insurance more efficient and accessible for a diverse range of clients.

Chicago, IllinoisHeadquarters
2019Year Founded
$53.2MTotal Funding
SERIES_BCompany Stage
AI & Machine Learning, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Stock Options
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Holidays

Risks

Increased competition from other AI-driven insurtech firms could erode market share.
Regulatory challenges may arise as Honeycomb expands into new states.
Cybersecurity threats could compromise Honeycomb's technology and client data.

Differentiation

Honeycomb offers instant online condo building master policies, a unique market proposition.
The company uses AI to bypass traditional property inspections, enhancing efficiency.
Honeycomb's tech-driven model provides up to 40% cost savings for clients.

Upsides

Recent $36M Series B funding supports expansion and AI innovation.
Operating in 16 states, Honeycomb plans to triple insured assets next year.
AI-driven underwriting reduces costs and improves risk assessment accuracy.

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