Insurance Account Administrator

| Greater Denver Area | Hybrid
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About Parsyl:

Parsyl is an insurance technology company that delivers data-driven cargo insurance solutions for essential supply chains including vaccines and medicines, perishable foods and other sensitive goods. Our mission is to end the days of “ship and pray” and build a world where everyone, everywhere can trust the quality of the goods they rely on, from the foods they eat to the medicines they need. 

We are working to achieve this by combining smart sensors, data insights, and data-driven insurance to improve risk resiliency and safeguard goods in transit and storage. This unique combination of IoT and insurance means our customers can use data to make supply chains more transparent, safe and sustainable - better for people and the planet. 

In response to the Covid-19 pandemic, Parsyl led the formation of the Global Health Risk Facility, the world’s dedicated insurance solution for distributing Covid-19 vaccines and other essential health products around the globe.

Where you fit in:

As an early member of a fast-growing startup, you will work across the company to ensure that our Insurance business is operationally sound. No day will look the same and you will have the opportunity to strategize on and directly improve how we operate. 

As an Insurance Account Administrator on the Parsyl team, you will work closely with our Sales, Underwriting, and Product teams to support every aspect of policy submission and administration, as well as supporting general operations as we launch this exciting new insurance business. Strong candidates for this position are excellent communicators both verbally and in writing, extremely meticulous, process-oriented, and inquisitive. A customer-focused mindset is crucial.

We are looking for someone who is excited about joining an early-stage, high-growth company and comfortable in a fast-paced setting. You will play a critical role in the early stages of this new line of business. 

What You’ll Get to Work On:

  • Qualification of new insurance prospects, including:
    • Communicating effectively with brokers and underwriters to secure the information necessary to accurately process the business
    • Thinking critically about how Parsyl can meet the needs of prospective customers, partnering with sales and insurance operations to push for innovative solutions
    • Supporting and learning from a senior broker and program underwriters
  • Supporting the insurance sales cycle by:
    • Setting up submission packages for our policy administration system and underwriting review 
    • Providing support throughout the underwriting, sales, and claims process
    • Preparing and coordinating all transactions and internal processing, including binders, invoices, policies, endorsements, cancellations, renewals, non-renewals, and reinstatements.
    • Compiling final policies to send to brokers for distribution to Insureds
  • Analyzing, refining, and iterating on internal processes to make them more efficient and ensure accuracy
  • Monthly reporting for internal and external audiences
  • Ensuring Parsyl customers have an unexpectedly delightful experience with their insurer

Qualifications:

  • 1+ year experience as support staff in an office environment or a college degree 
  • Experience demonstrating strict attention to clerical details, transaction procedures, and/or record keeping requirements
  • Excellent written and verbal communication skills; comfort with picking up the phone and calling stakeholders to get answers to questions
  • Strong time management and organizational skills
  • Ability to quickly learn and problem solve with a passion for reducing operational inefficiencies and pain points
  • Willingness to dig deep and ask questions to ensure a thorough understanding of complex risks
  • Ability to work well with others in a supportive team environment
  • Commitment to excellent customer service

It's a plus if you also have experience in...

  • The insurance industry (brokerage, MGA, underwriting, compliance)
  • Project management
  • Fast-paced startup environments

Qualities We Look For:

  • Mission -- You are highly motivated and inspired by our mission to improve health and save money for people across the globe.
  • Grit -- You bring determination and a strong will to the challenges and opportunities that come with being at an early-stage startup.
  • High Standards -- You take pride in your work and are highly accountable. 
  • Curiosity -- You are energized by finding creative solutions to new situations. 
  • Self-Starter -- You are ambitious and take initiative, and thrive in environments with minimal supervision. 
  • Humility -- You approach your work with humility and a willingness to collaborate and learn from those around you in order to produce the best outcome.

Compensation and Benefits:

  • Market competitive salary with a base compensation range of $45k-$60k, depending on experience and location 
  • 401(k)
  • Medical, dental, and vision insurance
  • Monthly wellness and commuter benefit
  • Early-stage stock options
  • Significant career growth opportunities
  • Continuing education stipend
  • Unlimited vacation
  • Relocation assistance available (Denver, CO candidates strongly preferred, but remote candidates or candidates willing to relocate will be considered)
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RiNo is industrial, entrepreneurial, creative, and dynamic. Easily accessible via car, bike routes, and public transportation.

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