Underwriting Analyst

| 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:

We are looking for someone who is excited about joining an early-stage, high-growth company and is comfortable in a fast-paced setting. You will play a critical role in the early stages of this growing line of business.  You will help Parsyl deliver and scale its data-driven, industry-leading insurance coverage for perishable goods, including its unprecedented effort to insure Covid-19 vaccines and childhood immunizations to people around the world. You will drive the day-to-day risk servicing operations, handling marine cargo insurance submissions from start to finish, providing market-beating customer service at all stages of the journey. You channel your passion for solving complex problems into providing unique coverage solutions for prospective and current insurance clients. 

You will work closely with our leadership, underwriting, and product teams to support risk submission and policy administration, and optimize operations as we build this exciting new insurance business.

You are equally comfortable interfacing with prospective clients, brokers, and underwriting partners, and can navigate what it means to act as a retail broker or wholesale broker depending on what the situation calls for. 

What you’ll get to work on:

  • Service marine cargo risk submissions from start to finish (quote through bind, including working with clients to secure necessary information), ensuring unequaled customer service at all stages of the process
  • Develop a strong understanding of clients' businesses in the interest of successfully anticipating, addressing, and advocating for their unique coverage needs
  • Interface with Insureds, underwriters, and other brokers - you’ll wear retail or wholesale broker hats, depending on the risk submission
  • Develop and sustain trusting relationships with colleagues and partners overseas
  • Present coverage options to prospective clients, including creating necessary presentation materials - you know how to develop and execute a narrative that lands a win
  • Identify opportunities for customer and broker education; create education materials based on feedback you gather from prospective and current clients
  • Work closely with Parsyl’s executive team and directly contribute to building an innovative new product from the ground up 
  • Monitor market trends and movement to continually anticipate where Parsyl should provide market-differentiating coverage and/or expand its book of business
  • Cross-functional collaboration with Parsyl colleagues - you’ll attend Sales, Product, and Account Management meetings and know how to effectively  collaborate with other teams to support the Insurance business

Qualifications:

  • 5+ years of experience in insurance; strong preference for background as a commercial cargo account executive, broker or underwriter
  • Professional and effective negotiation and communication skills - written and verbal, and both internally and externally with partners
  • Strong critical thinker to understand and meet client needs
  • You are as excited by strategic risk thinking as you are by delving into the weeds and understand that success in this role will include both
  • Can-do attitude; willingness to have your ideas and opinions challenged
  • Bias for action and self-starting where next steps may be unclear
  • Ability to travel domestically and internationally, and to work outside “traditional work hours” to interface with external partners in different time zones, if needed
  • Eagerness to work in a fast-paced startup environment 
  • Willingness to step outside job function to ensure customers are receiving a best-in-class experience
  • Skilled at ruthless prioritization
  • Comfort “Googling it” if you don’t get it
  • Proficiency in Microsoft and Google product suites and willingness to adapt to whatever tool gets the job done

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

  • Broking or underwriting Marine Cargo, Inland Marine or Motor Truck Cargo policies
  • Experience working with Lloyd’s of London and the London insurance market.
  • Advising clients on risk management practices
  • Perishable commodity risks

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 $85k-$115k, depending on experience and location 
  • Early-stage stock options
  • 401(k)
  • Medical, dental, and vision insurance
  • Monthly wellness and commuter benefit
  • 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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