Full-Time

Deal Champion

Confirmed live in the last 24 hours

Honeycomb Insurance

Honeycomb Insurance

51-200 employees

Real estate insurance for property management

Fintech
Real Estate

Junior, Mid

Austin, TX, USA

Hybrid role requiring 2 to 3 days a week in office.

Category
Inside Sales
Sales & Account Management
Requirements
  • 1-3 years of experience in an inside sales capacity, working with customers of insurance or B2B technology products
  • Comfort coordinating with cross-functional internal teams to deliver exceptional customer experiences
  • Hunger to support partners through the full deal journey (submission, underwriting, quote, policy refinement, and bind)
  • Keen ability to quickly develop rapport with partners and identify the drivers that will maximize success on a diverse variety of deal
  • 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 industry experience, particularly working with agents/brokers of commercial Property & Casualty and habitational insurance product offerings, is helpful but not required
  • This role is only relevant to candidates in Austin, TX and will be hybrid 2 - 3 days a week in office.
Responsibilities
  • Leverage structured reporting to prioritize the most valuable Producers to call and Deals to qualify each day
  • Conduct Deal qualification calls with Producers, documenting key ‘deal drivers’ such as why the policy is being marketed, who we’re competing against, target premium, timelines, and ultimately what it will take to win
  • Escalate detailed coverage questions, large sales opportunities, and other strategic follow-ups to Regional Sales Managers
  • Create tickets for Customer Support to execute tactical requirements, such as quote changes or policy Endorsements
  • Build sales cases and collect information to inform expedited Underwriting
  • Document why we lose deals, informing our pricing, coverages, and go-to-market roadmap moving forward
  • 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 close 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, potentially up to 40%, to its clients. By combining proprietary technology with expert advice, Honeycomb simplifies the insurance process, ensuring clients receive optimal coverage at affordable prices. Unlike many competitors, Honeycomb focuses on a people-centered, tech-driven model that enhances efficiency and transparency in the insurance sector. The company's goal is to make real estate insurance more accessible and affordable while providing tailored solutions to meet the unique needs of its diverse clientele.

Company Stage

Series B

Total Funding

$53.2M

Headquarters

Chicago, Illinois

Founded

2019

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

6%
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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