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Full-Time

Associate Regional Sales Manager

Northeast

Posted on 10/23/2024

Honeycomb Insurance

Honeycomb Insurance

51-200 employees

Real estate insurance for property management

Fintech
Real Estate

Junior, Mid, Senior

Waterbury, CT, USA + 1 more

More locations: Massachusetts, USA

Position relevant to candidates in the Northeastern US, specifically in MA or CT.

Category
Customer Success Management
Sales & Account Management
Requirements
  • 2-5 years of experience in a full cycle or post-sale support capacity partnering with customers of insurance or B2B SaaS products
  • Demonstrated excellence supporting customers through the full digital B2B product journey (implementation, product education, technical support, billing, etc.)
  • Knack for disqualifying misaligned prospective partners while prioritizing efforts on new partners that will maximize growth
  • Aptitude to resolve customer issues of both technical and transactional nature
  • Ability to thrive in a startup environment - effectively adapting to changes, collaborative problem solving, excellent follow-through and collaboration, positive can-do attitude
  • Demonstrated intellectual curiosity - eager to learn constantly, bring authentic self to work and ready to embrace diverse ways of thinking and working
  • Experience in or knowledge of the insurance industry experience, particularly working with agents/brokers of commercial Property & Casualty and Habitational insurance product offerings is helpful, but not required
  • Must live in MA or CT.
  • Travel up to 25% of the time
Responsibilities
  • Qualify prospective insurance agencies, ensuring they will act as collaborative partners that confidently and profitably exceed production requirements
  • Drive appointment process of qualified agencies, minimizing contracting and setup time while accelerating path to production
  • Onboard and develop new agency partner relationships, leading agency onboardings and extending to existing producer trainings
  • Conduct business reviews with agency Principals, identifying opportunities to improve efficiency and profitability while driving enhanced growth
  • Troubleshoot and resolve partner issues of both technical and transactional nature
  • Solicit feedback from Producers as to how our technology platform and insurance coverages can better meet their needs, and work with our Product team to make those enhancements a reality
  • Parlay Producer relationships and value-adds into additional sales opportunities
  • Earn variable sales compensation for meeting and exceeding growth, customer satisfaction, and other quantifiable targets
  • Make an incredible impact in advancing the state of the $22B habitational insurance industry!

Honeycomb Insurance provides a streamlined and transparent approach to real estate insurance, catering to condo associations, homeowners associations (HOAs), building owners, property managers, and developers. The company acts as a general agent for affiliated insurance companies and is licensed to offer property and casualty insurance across multiple states in the U.S. Honeycomb utilizes advanced technology to deliver instant quotes and significant cost savings—up to 40%—to its clients. By combining proprietary technology with expert advice, it ensures clients receive optimal coverage at affordable prices. Unlike many competitors, Honeycomb focuses on a people-centered, tech-driven model that simplifies the insurance process. The goal of Honeycomb Insurance is to make real estate insurance more efficient and accessible, providing tailored solutions that meet the unique needs of its diverse clientele.

Company Stage

Series B

Total Funding

$54.7M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

10%

1 year growth

10%

2 year growth

10%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $36M in Series B funding positions Honeycomb for rapid expansion into new markets and enhancement of its AI-driven solutions.
  • Operating in 16 states and insuring over $21 billion in real estate assets, Honeycomb plans to triple this figure, indicating strong growth potential.
  • The company's innovative use of AI and big data enhances service offerings, making the insurance process more efficient and tailored to individual client needs.

What critics are saying

  • The competitive landscape of the insurtech sector could pose challenges, requiring Honeycomb to continuously innovate to maintain its edge.
  • Rapid expansion into new markets may strain resources and operational capabilities, potentially impacting service quality.

What makes Honeycomb Insurance unique

  • Honeycomb Insurance leverages advanced AI-driven technology to bypass traditional property inspections, offering instant quotes and significant cost savings up to 40%, unlike traditional insurers.
  • The company focuses specifically on real estate insurance for condo associations, HOAs, building owners, property managers, and developers, providing a specialized service that general insurers do not.
  • Honeycomb's people-focused, tech-driven approach simplifies the insurance process, making it more transparent and efficient for clients.

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