Full-Time

Operations Analyst

Carrier Operations

Updated on 12/4/2024

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Data & Analytics
Financial Services

Junior, Mid

Chicago, IL, USA

Hybrid work model available.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
SQL
JIRA
Excel/Numbers/Sheets
Requirements
  • Bachelor’s Degree in Business Administration, Operations Management, Finance, Accounting or other related field
  • 2+ years of professional experience, preferably in insurance/reinsurance, finance, consulting, or operations
  • Strong MS Excel skills and the ability to create compelling exhibits for an executive audience
  • Desire to learn in a very dynamic environment with vertical exposure to organization leaders
  • Ability to learn new concepts quickly and apply skills learned on the job in a rapid and effective manner
  • Robust organizational skills and attention to detail
  • Strong communication skills enabling effective communication across a wide range of audiences
  • Ability to design and document efficient operational processes
  • Relevant insurance designations such as AINS, ARe, ARM, etc.
  • Proficiency with SQL, Alteryx, Domo, PowerBI
  • Proficiency with Smartsheet, Jira
  • Knowledge of insurance carrier regulatory requirements and industry best practices
Responsibilities
  • Act as a direct point of contact for our carrier partners in support of daily operations
  • Facilitate cross-functional coordination in support of the daily operations of our partners.
  • Develop an intimate familiarity with SageSure’s insurance products and communicate relevant changes to our carrier partners
  • Support the delivery of statutory/regulatory reporting and data calls, audits, and other compliance-related activities
  • Partner cross-functionally to support the development of additional management reporting and ensure the timely delivery to all internal and external parties
  • Build, maintain, and improve low/no code automated processes to drive further efficiency of the team
  • Support the Carrier Operations team with the creation of presentations for internal and external stakeholders
  • Support the development of an operational scorecard to regularly monitor our performance and use results to drive process improvements
  • Develop operational resource documentation and process guides

SageSure provides insurance coverage specifically for homeowners and small businesses located in high-risk coastal areas. The company offers tailored insurance products that address the unique challenges faced by these markets, particularly in regions prone to natural disasters like hurricanes and floods. SageSure's approach involves employing a team of experienced professionals who have extensive backgrounds in underwriting, product development, and customer service, allowing them to offer expert guidance to clients. Unlike traditional insurers that often avoid these high-risk areas, SageSure focuses on providing competitively priced, high-quality insurance solutions to underserved clients. The company's goal is to ensure that homeowners and small business owners in these regions have access to reliable insurance protection, filling a critical gap in the market.

Company Stage

Debt Financing

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

9%

1 year growth

28%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • SageSure's successful issuance of $1.2 billion in catastrophe bonds demonstrates strong financial backing and resilience.
  • The acquisition of GeoVera MGA enhances SageSure's capabilities in residential earthquake risk, expanding its market reach.
  • Partnerships with technology firms like Ecopia AI improve SageSure's precision in risk assessment and underwriting, leading to better customer service and operational efficiency.

What critics are saying

  • Operating in high-risk coastal areas exposes SageSure to significant financial losses from natural disasters.
  • The integration of acquired companies like GeoVera MGA may present challenges in aligning operations and corporate cultures.

What makes SageSure unique

  • SageSure specializes in high-risk, underserved coastal areas, a niche often avoided by traditional insurers.
  • The company leverages advanced technology and data analytics to accurately assess risks and competitively price its products, setting it apart from competitors.
  • SageSure's team of experienced professionals, many with over 30 years in the industry, provides expert guidance and support, enhancing client trust and satisfaction.

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Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling