Full-Time

Director of Underwriting

Workers' Compensation

Posted on 2/1/2025

KINETIC

KINETIC

51-200 employees

Wearable technology for workplace safety

Data & Analytics
Healthcare

Compensation Overview

$220k - $250kAnnually

+ Equity

Senior, Expert

Remote in USA

Candidates must be based in the US for travel purposes.

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Data Analysis

You match the following KINETIC's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Minimum 10 years of experience writing Workers’ Comp, with 5 years being in upper mid-market or large, risk management accounts
  • Must have experience in loss sensitive and retro style business
  • 5+ years directly managing teams of underwriters and operations related to underwriting in a production underwriting environment
  • A track record of building and maintaining a profitable book of business over $50M in size
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
  • Strong track record of coaching around production output
Responsibilities
  • Lead and coach a team of 8 production underwriters, providing ongoing direction to enhance underwriting and sales production to achieve business objectives
  • Be the first point of contact for underwriting referrals
  • Manage & maintain general workload balance across the team
  • Ability to analyze complex loss data and work with experience rating and loss rating; familiar with actuarial concepts and ability to work collaboratively
  • Build and manage relationships with brokers, through yourself and your team, to grow submission volumes and win business
  • Hiring and managing a team of UWs
  • Constantly thinking about new ways to increase operational efficiency through technology and/or outsourcing administrative tasks
  • Work closely with CUO to develop adaptive strategies that can be quickly adjusted in response to market shifts
Desired Qualifications
  • You are incredibly data-driven being fluent in Excel, or similar tools, and use it regularly in your decision making process
  • You have pioneered an innovative approach to underwriting
  • You have worked at an MGA and/or an insurtech startup
  • Experience in parcel, hospitality, trucking, wholesale, and manufacturing is ideal

Kinetic enhances workplace safety by providing a wearable device called Reflex, which is designed to alert workers about high-risk motions that could lead to injuries. This device is worn on the hip and helps prevent accidents before they occur, making it particularly useful for frontline workers in industries like manufacturing, logistics, and healthcare. Kinetic's business model includes selling these devices and offering a subscription-based software platform that provides analytics and insights on workplace safety. This dual approach not only helps reduce injury rates and lost workdays but also leads to significant cost savings for employers. Kinetic stands out from competitors by demonstrating a proven reduction in injury frequency by 50-60% and a decrease in lost workdays by 72%, ultimately aiming to create a healthier and more productive workforce.

Company Stage

Series A

Total Funding

$25.4M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

4%

1 year growth

-4%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing industrial wearable market with 15% CAGR by 2027 boosts Kinetic's prospects.
  • Partnership with Nationwide offers new revenue streams through IoT-based insurance.
  • Shift to 'just in case' inventory strategies increases demand for safety solutions.

What critics are saying

  • Increased competition may impact Kinetic's market share in the wearable sector.
  • IoT-based insurance policies may face regulatory challenges, affecting partnerships.
  • Sustainability trends may raise production costs for Kinetic's products.

What makes KINETIC unique

  • Kinetic's Reflex device reduces workplace injuries by 50-60%, enhancing safety.
  • The device provides real-time alerts for high-risk motions, preventing accidents.
  • Kinetic's dual revenue model includes hardware sales and subscription analytics services.

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Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Holidays

Parental Leave

Health Savings Account/Flexible Spending Account

Company Equity