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Full-Time

Production Risk Engineer

Management Liability, Dallas

Confirmed live in the last 24 hours

Counterpart

Counterpart

51-200 employees

Risk management solutions for businesses and professionals

Fintech
Financial Services

Compensation Overview

$120k - $170kAnnually

Mid, Senior

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Sales
Communications
Management
Requirements
  • 4-8 years of underwriting experience in the respective product.
  • A network of brokers, carriers, underwriters, or clients in the management liability insurance space.
  • Expertise in various aspects of management liability products (e.g. rating manuals, policy forms, applications and coverage endorsements).
  • Ability to successfully engage with brokers to establish long-term, profitable partnerships with brokerages.
  • Confidence presenting to key internal and external stakeholders.
  • Demonstrated success with high performing sales and account management practices.
  • A proven track record of success, achieving and exceeding monthly, quarterly and annual targets.
  • Enthusiasm for continuous challenges in a high velocity environment.
  • Flexibility to travel when necessary (once per month as a minimum).
  • College Degree with relevant work experience of 4+ years.
Responsibilities
  • Achieve and exceed underwriting performance and revenue goals.
  • Quote with competitive terms quickly, thoughtfully, and in accordance with our guidelines.
  • Manage quote related communication and insights in a thoughtful and trusting manner.
  • Collaborate with Risk Engineers on underwriting the unique exposures of complex accounts.
  • Provide market feedback and recommend improvements to our terms, rates, and guidelines to the Insurance Product and Risk Engineering teams.
  • Close accounts through continuous engagement of your assigned brokers.
  • Represent Counterpart at broker meetings and various industry events.
  • Contribute ideas and feedback on our suite of tools and services as a key stakeholder of our product roadmap.

Counterpart provides risk management and insurance solutions specifically tailored for businesses and professionals, including executive practice groups and digital officers. The company utilizes a proprietary platform that simplifies the management of liability in a fast-paced business environment, making it user-friendly and effective. This platform distinguishes Counterpart from traditional insurance carriers and other startups by offering a fresh perspective on risk management. Counterpart's revenue comes from its risk management services, which are well-received by clients, leading to strong partnerships and growth. Additionally, the company is recognized for its strong underwriting and risk management capabilities, supported by a novel data infrastructure and advanced technology.

Company Stage

Series B

Total Funding

$56M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

12%

1 year growth

36%

2 year growth

121%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $30M Series B funding led by Vy Capital and other prominent investors positions Counterpart for significant growth and market expansion.
  • Partnerships with established carriers like Aspen and Markel enhance Counterpart's credibility and market reach.
  • The launch of the Quote & Bind API simplifies the insurance process for brokers, potentially increasing client acquisition and satisfaction.

What critics are saying

  • The competitive landscape of the insurtech industry requires Counterpart to continuously innovate to maintain its edge.
  • Reliance on partnerships with carriers like Aspen and Markel could pose risks if these relationships were to deteriorate.

What makes Counterpart unique

  • Counterpart's proprietary platform offers a fresh perspective on risk management, setting it apart from traditional carriers and other startups.
  • The company's strong underwriting and risk management capabilities, combined with novel data infrastructure, enhance its reputation in the industry.
  • Counterpart's innovative use of AI and technology in management liability insurance provides a unique value proposition for small businesses.