Associate Underwriter, Marine Cargo
Parsyl
Job highlights
Summary
Join Parsyl, a leading insurer of complex supply chain risks, as a Marine Cargo Underwriter! This remote role, ideally based in San Francisco, CA, focuses on generating new business and expanding Parsyl's North American market. You will underwrite renewals, develop complex underwriting skills, deliver exceptional customer service, and support business development initiatives. Success in this position requires 1-3 years of marine cargo underwriting or broking experience (or 3+ years in other lines), a proven track record of portfolio management, and strong collaborative teamwork skills. Parsyl offers a competitive salary, bonus pool, stock options, comprehensive health and wellness benefits, unlimited vacation, and significant career growth opportunities.
Requirements
- Between 1-3 years of experience in marine cargo underwriting or broking or at least 3 years of experience in underwriting in other lines
- Proven track record of successful portfolio management and consistently achieving growth targets
- Strong desire to work with and learn from a highly collaborative, international team of underwriters
- Ability to thrive in a team-driven environment while contributing to shared goals and success
- Interest in and willingness to explore new approaches as part of a technology-driven insurance company
- Eagerness to find and develop new business opportunities, contributing to overall portfolio growth
- Proven experience in servicing risk submissions with exceptional customer service
- Excellent communication skills, with the ability to effectively convey the company’s insurance approach to brokers
Responsibilities
- Underwrite renewals and rebid submissions in alignment with Parsyl’s innovative data-driven underwriting approach
- Develop complex underwriting skills through close mentorship from senior underwriters
- Deliver unparalleled customer service throughout the entire underwriting process
- Support peers in review and education of risk considerations
- Support with broker engagement, developing market relationships to drive submission volume
- Implement a strategic distribution plan to cultivate and expand relationships, ensuring sustainable pipeline growth
- Manage a diversified portfolio with a focus on achieving GWP growth, profitability and high renewal retention rates
- Collaborate with Parsyl’s claims team to maintain an industry-leading loss ratio
Preferred Qualifications
- Additional language skills, including Spanish
- Previous experience working with an insurtech
Benefits
- Market competitive salary with an anticipated base compensation range of $90,000-$120,000 and is eligible to participate in the annual Underwriter bonus pool
- Stock options
- 401(k) including company match
- Medical, dental, and vision insurance effective on your start date (100% of medical, dental, and vision premiums for employees and 75% of premiums for dependents based on a solid, mid-tier plan)
- Six weeks of fully paid leave family and/or medical leave
- Monthly wellness benefit
- Unlimited vacation policy
- Company Breaks - quarterly mental health days, summer and winter breaks
- Paid sabbatical program
- Significant career growth opportunities and continuing education stipend
- Commuter benefit of for public transportation or parking costs
- Home office set-up stipend
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