Executive Construction Underwriter

About CompScience

At CompScience, we're not just building software, we're saving lives. We're a high-growth startup on a mission to prevent 1 million workplace injuries through bold technological innovations, ensuring that everyone can go home safe at the end of the day.

Founded in 2019 and backed by investors from SpaceX, Tesla, and Anduril, we've assembled a powerhouse team that bridges two worlds :

Cutting-Edge Technology : Our product, design, and engineering teams are composed of distinguished computer vision engineers, software architects, data scientists and product and design leaders from Amazon R&D, Meta, and the self-driving car industry. They bring unparalleled expertise in AI, machine learning, and design to the realm of workplace safety.

Insurance Acumen : Our insurance team is made up of seasoned professionals who understand the nuances of workers' compensation policies. They work hand-in-hand with our tech experts to translate advanced analytics into tangible insurance products that truly serve our clients' needs.

Our groundbreaking perception-based risk assessment program, the first of its kind, provides the most comprehensive data stream available for risk analysis and monitoring and has proven to significantly reduce accidents in some of the world's most hazardous occupations.

About the Role

We are looking for an experienced Executive Construction Underwriter to build out our construction vertical book of business from the ground up.

As a Lead Construction Underwriter at CompScience, you will be the subject matter expert for the construction vertical, leveraging groundbreaking AI-powered underwriting tools for evaluating, pricing, and underwriting workers' compensation insurance for new and renewal business.

Responsibilities :

Be the subject matter expert and build out our construction book of business from the ground up

Prepares and develops premium quotations utilizing underwriting guidelines within letter of authority.

Determines underwriting eligibility for prospective policyholders and develops appropriate pricing for new business, renewals, and endorsements.

Analyzes and reviews prospective accounts for insurability and accepts or rejects within letter of authority.

Develops and manages agency relationships.

Addresses agents and policyholders concerns / needs.

Responsible for development of new business, profitability and retention of existing business in a given territory.

Required Experience :

A minimum of 10 years experience as an underwriter with demonstrated technical knowledge in Workers Compensation experience, specifically within the construction vertical is required.

Ability to exercise advanced judgment skills in evaluating and determining the proper pricing for prospective policyholders using underwriting guidelines by accepting or rejecting risks for the purposes of issuing workers compensation insurance coverage.

Ability to manage agency relationships and demonstrated ability to make sound underwriting decisions.

Ability to calculate expected pricing, dividends, and premium quotations for agents and policyholders.

Ability to analyze territory in order to identify problems and take the appropriate corrective action.