Full-Time

Inside Broker

Executive Risk, Cyber, And Professional Liability

Posted on 11/19/2024

Anzen

Anzen

11-50 employees

Provides executive risk insurance and management tools

Cybersecurity
AI & Machine Learning
Financial Services

Compensation Overview

$70k - $110kAnnually

Mid

Remote in USA

Fully remote position with a preference for Pacific Standard Time (PST) and orientation to San Francisco.

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s degree or equivalent insurance designation.
  • A minimum of three years of experience within wholesale brokerage or underwriting, with expertise in Executive Risk, Cyber, and Professional Liability.
  • Active insurance licenses, as required for the role.
  • Strong ability to interpret and analyze complex insurance policies and endorsements, particularly within non-standardized lines of business.
  • Deep understanding of client needs and the ability to assess risk profiles across Executive Risk, Cyber, and Professional Liability markets.
  • Excellent decision-making and time management skills, with the ability to prioritize submissions and broker demands effectively.
  • Ability to identify and capitalize on new trends within the insurance marketplace, particularly those impacting Executive Risk and Cyber exposures.
  • A proven ability to build, foster, and maintain strong relationships with retail agents and internal brokerage teams.
  • Strong leadership qualities and a collaborative, team-oriented mindset.
  • Exceptional written and verbal communication skills, with the ability to present complex ideas clearly.
  • Flexibility to work extended hours when necessary to meet client and production needs.
Responsibilities
  • Cultivate, develop, and maintain strong relationships with retail agents and clients, acting as a trusted resource for Executive Risk, Cyber, and Professional Liability insurance products.
  • Solicit, market, quote, bind, and confirm new and renewal business while navigating complex coverage forms in Executive Risk, Cyber, and Professional Liability.
  • Negotiate the best available terms, pricing, and coverage options across Anzen's partner markets, driving exceptional value for clients.
  • Ensure submissions contain accurate and complete data on exposures, coverages, and industry-specific risk factors, utilizing Anzen’s AI-powered Quote Comparison Tool to streamline processes.
  • Monitor accounts to ensure adherence to Anzen’s best practices and compliance policies, proactively addressing coverage gaps or changes in risk profiles.
  • Collaborate with the broader brokerage team to meet or exceed production targets as set by Anzen’s leadership, with a focus on client satisfaction and growth.
  • Stay informed of trends, emerging risks, and new developments in Executive Risk, Cyber, and Professional Liability, and apply this knowledge to daily activities and sales strategies.
  • Maintain all necessary insurance licenses required for placing business and attend continuing education sessions to remain current on industry changes and innovations.

Anzen offers executive risk insurance and tools to mitigate management risk, including D&O, Employment Practices, and Fiduciary insurance. The company integrates with core HR and finance systems to provide a holistic view of operations and proactive people operations tools.

Company Stage

Seed

Total Funding

$14.7M

Headquarters

San Francisco, California

Founded

2020

Growth & Insights
Headcount

6 month growth

44%

1 year growth

69%

2 year growth

225%
Simplify Jobs

Simplify's Take

What believers are saying

  • Anzen's $10 million seed financing from prominent investors like Andreessen Horowitz and Tokio Marine indicates strong financial backing and growth potential.
  • The AI-enabled platform simplifies and accelerates the underwriting process, making it easier for brokers and companies to secure necessary coverage quickly and efficiently.
  • The company's focus on high-growth businesses and comprehensive risk management solutions positions it well to capture a significant market share in the executive liability insurance sector.

What critics are saying

  • The reliance on AI for underwriting and risk assessment could face challenges related to data accuracy and algorithmic biases, potentially impacting the quality of coverage.
  • The competitive landscape in the insurance industry is intense, with established players potentially overshadowing Anzen's innovative approaches.

What makes Anzen unique

  • Anzen combines traditional insurance expertise with cutting-edge AI technology, offering a unique blend of depth in coverage and efficiency in transaction processes.
  • The launch of Anzen Specialty Marketplace positions the company as a comprehensive one-stop solution for Executive Risk, setting it apart from competitors who may offer more fragmented services.
  • Anzen's integration with Carta and the introduction of the MgmtOps™ suite, including the Safety Auditor, demonstrate a commitment to innovative, tech-driven solutions for risk management.

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