Underwriting Team Lead, CA
Honeycomb is a rapidly expanding, well-funded startup committed to setting the benchmark for excellence in the InsureTech industry. Our foundation is built on cutting-edge technology, but our greatest asset is our exceptional team of professionals. By seamlessly integrating AI, state-of-the-art technology, and profound human expertise, each member at Honeycomb plays a pivotal role in shaping our trajectory.
Honeycomb operates across 18 major states, covering 60% of the U.S. population, and manages insured assets exceeding $45 billion.
Having raised $36 million in its last B round in 2024, Honeycomb is expected to continue growing strongly and sustainably into 2025.
Join us and experience the tremendous impact you can make!
What You’ll DoParticipate in, assist in the development of and train others in Next-generation risk assessment – disinvesting away from binary underwriting and revisioning risk selection utilizing data, AI and curiosity. Modernized underwriting using cutting edge technology to more accurately and quickly assess risk, price and bespoke coverage/terms to profitably grow and manage a book of business.
Oversee ongoing education, mentorship, and professional development initiatives for direct reports. Lead regular training sessions and weekly team meetings to reinforce technical knowledge and best practices. This includes acting as a Subject Matter Expert and key point of contact for escalated underwriting decisions.
Key Responsibilities:
- Manage 3-5 direct reports.
- Quote and release new and renewal business that has been either referred from the underwriting algorithm or seeking changes that exceed user authority thresholds.
- Analyze and approve requested policy changes
- Maintain familiarity and compliance with state insurance regulations and ISO rules for all states within assigned underwriting territory
- Maintain open, transparent and supportive communications with team members, direct reports and interdivisional partners
- Create technical training material for use throughout the company
- Actively mentor and develop junior staff ensuring their performance meets expectations and their development goals are achieved
- Monitor team’s portfolio composition via reports, audits and inspections
- Support Marketing and Human Resource efforts to build and promote Honeycomb
- Complete special projects and assignments
- Some travel as deemed necessary <25%
Basic Requirements
- 5+ years of underwriting/insurance experience, management and/or mentorship experience strongly preferred
- Bachelor’s degree or equivalent education/experience
- Retail agency relationship preferred
- Have an opinion, share your opinion and be open to other opinions
- Passion to obtain, develop, retain and employ knowledge – as well as share knowledge
- Excellent verbal and written communication skills
- Strong analytical skills and attention to detail
- Must live in California
- Base Salary: $145,00 - $165,00
- Bonus
- Health Benefits
- Employee options grant
- 401K
- Flexible paid time off
- Paid national holidays
Honeycomb Insurance Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Honeycomb Insurance and has not been reviewed or approved by Honeycomb Insurance.
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Healthcare Strength — Employees receive comprehensive medical, dental, and vision coverage, including 100% premium coverage for employees and additional support such as an HSA with company contributions.
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Flexible Benefits — A broad set of allowances and reimbursements is described, including a $600 annual perk allowance and support for home office setup plus monthly internet/phone/co-working reimbursements.
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Equity Value & Accessibility — Equity is positioned as a meaningful part of total rewards through stock options/RSUs with multi-year vesting, framed as valuable in a growth-stage company context.
Honeycomb Insurance Insights
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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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