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Full-Time

Commercial Insurance Broker

Confirmed live in the last 24 hours

Zensurance

Zensurance

201-500 employees

Simplifies commercial insurance for small businesses

Fintech
Financial Services

Compensation Overview

$51k - $85kAnnually

Junior, Mid, Senior

Remote in Canada

Category
Insurance
Finance & Banking
Required Skills
Sales
Requirements
  • Provincial insurance license required. Active RIBO license would be an asset.
  • 1-5 years experience within an insurance sales role, commercial lines experience preferred.
  • Able to communicate complicated concepts and break them down into simpler terms.
  • Passion for sales and client experience.
  • Persistence and agility to meet set targets.
  • Attention to detail and demonstrated flexibility in managing multiple clients at a time.
  • Strong organization and prioritization skills.
Responsibilities
  • Continually engage leads provided to you by Zensurance to convert requests for insurance into customers.
  • Evaluate the needs of prospective clients to make recommendations on coverages.
  • Provide continuous support from quote to sale to ensure a seamless client experience within set timelines.
  • Demonstrate a thorough understanding of our insurance products and educate clients on their policy coverages and needs.
  • Recommend operational changes to our processes to support further improvement of the overall customer experience.
  • Connect with external stakeholders (underwriters, insurance companies).
  • Work as part of the team to achieve shared goals.
  • Provide weekly flow updates to enhance programs and pricing.
  • Other duties, as assigned.

Zensurance simplifies the process of obtaining commercial insurance for small businesses in Canada. Acting as a brokerage, it connects small business owners with various insurance providers to offer products like liability insurance, cyber liability insurance, and commercial auto insurance. By utilizing advanced technology, Zensurance reduces operational costs, allowing them to provide competitive rates and a streamlined purchasing experience. Unlike many competitors, Zensurance offers 24/7 support through a dedicated claims team, ensuring clients receive assistance whenever needed. The company's goal is to empower small businesses by making insurance accessible and affordable, while also providing educational resources to help owners understand their insurance needs.

Company Stage

M&A

Total Funding

$13.2M

Headquarters

Toronto, Canada

Founded

2016

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Simplify's Take

What believers are saying

  • Being selected as the preferred provider of business insurance by Amazon Canada significantly boosts Zensurance's credibility and market reach.
  • Securing Series B financing indicates strong investor confidence and provides the capital needed for further growth and technological advancements.
  • The comprehensive range of insurance products and educational resources empowers small business owners, potentially leading to high customer retention and word-of-mouth referrals.

What critics are saying

  • The competitive landscape of the insurance brokerage market could pressure Zensurance to continuously innovate to maintain its edge.
  • Reliance on commissions from insurance providers means revenue is directly tied to policy sales, which can be volatile.

What makes Zensurance unique

  • Zensurance leverages advanced technology to keep operational costs low, allowing them to offer competitive rates that many traditional brokers can't match.
  • Their focus on small businesses in Canada allows them to specialize and tailor their services to meet the unique needs of this market.
  • The 24/7 dedicated claims support team ensures timely and effective assistance, enhancing customer satisfaction and loyalty.