Underwriting Assistant

Posted 19 Days Ago
Be an Early Applicant
Chicago, IL
In-Office
50K-60K Annually
Junior
Artificial Intelligence • Insurance • Machine Learning • Real Estate
The Role
The Underwriting Assistant supports underwriters by processing submissions, managing workflows, and ensuring compliance in underwriting activities while aiding in risk assessment and operational tasks.
Summary Generated by Built In

At Honeycomb, we're not just building technology , we’re reshaping the future of insurance. 

In 2025, Honeycomb  was ranked by Newsweek as one of “America’s Greatest Startup Workplaces,” and Calcalist named it as a “Top 50 Israel startup.” 

How did we earn these honors?

Honeycomb is a rapidly growing global startup, generously backed by top-tier investors and powered by an exceptional team of thinkers, builders, and problem-solvers. Dual-headquartered in Chicago and Tel Aviv (R&D center), and with 5 offices across the U.S., we are reinventing the commercial real estate insurance industry, an industry long overdue for disruption. Just as importantly, we ensure every employee feels deeply connected to our mission and one another.

With over $55B in insured assets, Honeycomb operates across 18 major states, covering 60% of the U.S. population and increasing its coverage.

If you’re looking for a place where innovation is celebrated, culture actually means something, and smart people challenge you to be better every day -  Honeycomb might be exactly what you’ve been looking for.


What You’ll Do
Next-generation risk assessment – deinvesting away from binary underwriting and revisioning risk selection utilizing mega data, AI and curiosity.   Modernized underwriting using cutting edge technology in addition to underwriting experience to accurately and quickly assess risk, price and bespoke coverage/terms. Responsible for profitable growth and managing a book of business. Honeycomb offers an environment of personal and career growth to achieve your best self. This is accomplished through mentorship, engaging project assignments, personalized training and exposure opportunities to expand your network and sphere of influence.

The Underwriting Assistant supports the underwriting team by handling essential administrative and operational tasks throughout the underwriting process. This role is critical in ensuring the timely, accurate, and efficient handling of new business submissions, endorsements, renewals, and related underwriting activities. The Associate of Underwriting plays a key part in maintaining service standards, managing workflows, and contributing to the overall success of the underwriting department.

Key Responsibilities:

  • Assist underwriters in reviewing and processing new business submissions, endorsements, and renewals.

  • Communicate with agents and brokers to obtain missing information when needed.

  • Monitor and prioritize incoming underwriting requests, referrals, and service tickets.

  • Help coordinate inspections, evaluations, and third-party reports as needed.

  • Ensure compliance with internal underwriting rules and regulatory guidelines.

  • Contribute to continuous improvement initiatives within the underwriting operations.

Qualifications:

  • Bachelor’s degree preferred; equivalent work experience considered.

  • 1-3 years of insurance experience, preferably in underwriting support or operations.

  • Strong attention to detail and organizational skills.

  • Excellent communication skills (both verbal and written).

  • Ability to work independently and collaboratively in a fast-paced environment.

  • Willingness to learn underwriting principles and pursue professional development.

  • Must live in Chicago and be able to work hybrid 3 days a week (Tues - Thurs) out of our office in the Chicago Board of Trade

Preferred Skills:

    • Familiarity with property and casualty insurance products.

    • Customer service experience in a professional environment.

    • Interest in pursuing insurance designations such as AINS, CPCU, or AU.

    • Proficiency with Microsoft Office Suite; 

Benefits
  • The pay range for the role is $50,000 to $60,000. The specific offer will depend on an applicant’s skills and relevant experience.
  • Health Benefits
  • Employee stock options grant
  • 401K 
  • Flexible paid time off
  • Paid national holidays

Top Skills

AI
Mega Data
Microsoft Office Suite
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The Company
Chicago, Illinois
190 Employees
Year Founded: 2019

What We Do

Honeycomb was built to disrupt the real estate insurance industry. Using Artificial Intelligence and computer vision, we offer apartment buildings, condominium associations and single-family rental dwellings perfectly customized policies at unbeatable rates. Our digitally-native platform makes purchasing insurance an easy and transparent process for property owners, property managers associations directors, and retail agents.

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