At Fairmatic we're on a mission to make roads safer, one fleet at a time.
Fairmatic is revolutionizing the auto insurance industry by using data and AI to personalize options and incentivize safe driving with savings. Our predictive risk models have been trained with 200 billion miles of driving data and tested with hundreds of thousands of paying drivers.
Fairmatic's leadership team includes serial entrepreneurs, insurance industry innovators, and startup veterans who have raised over $88M in funding in less than a year.
Join our global team of curious, adaptable technologists and problem solvers who are passionate about creating a positive impact on the world!
As an Underwriting Assistant you will be a vital part of this journey. You’re hands-on: not only can you see the big picture and how things tie together but you can dive into the weeds and execute projects and assignments with little oversight. You will work closely with our amazing internal teams, external partners, and use your curious mind and attention to detail to ensure that our underwriting team has everything they need to write solid risk.
Please note: This is a contract position with working hours/patterns to be discussed during the interview process.
A day in the life of our Underwriting Assistants:
- Process new business & renewal submissions; ensuring they meet processing requirements.
- Analyze customers' business information and partner with brokers to receive all information required on a timely basis.
- Manage a queue of new and pending submissions to ensure that Service Level Agreements (SLAs) are met, while also monitoring and managing queried items of work.
- Prepare binders and policies to ensure they meet regulatory and compliance guidelines
- Process endorsements in a timely manner.
- Evaluate loss run data and assess info contained in Motor Vehicle Reports (MVRs)
- Undertake accurate data entry and risk set up on behalf of Underwriters and Work closely with Underwriters to continuously expand your technical knowledge base
- Upskilling and cross-training colleagues.
- Continuously review and identify efficiencies in processes and help us to always be better than yesterday!
The skills you’ll bring to Fairmatic:
- First and foremost, you love having fun at work and you’re confident, humble and passionate!
- You have a few years of experience in a similar process-driven environment where accuracy and attention to detail are vital
- You embrace change with a “can do” attitude.
- You’re kind and compassionate with a desire to help others solve problems
- You have a strong intellectual curiosity. That means you not only enjoy finding a problem but creating the solution!
- You’re proficient in Microsoft Office (Excel, Word, PPT etc)with excellent oral and written communication skills
What We Do
Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with actionable insights.
Founded by Jonathan Matus, a serial technologist who helped launch Android and Facebook mobile, Fairmatic is fundamentally reimagining commercial auto insurance from the ground up to make roads safer one fleet at a time. Fairmatic has raised a total of $88M from Battery Ventures, Foundation Capital, Aquiline Technology Growth and insurtech, fintech and technology investors, including Jerry Yang, Oren Zeev, and Bill Tai.
Fairmatic is expanding its global team. Learn more about Fairmatic at fairmatic.com or join the team of unconventional, adaptable and curious technologists by reaching out to [email protected].