Underwriting Assistant

About Parsyl

Parsyl is a data-powered insurance and risk management provider for essential supply chains in food and health. Our mission is to end the days of “ship and pray” and build a world where everyone, everywhere can trust the quality of the goods they rely on, from the foods they eat to the medicines they need.

We are working to achieve this by combining smart sensors, data insights, and data-driven insurance to improve risk resiliency and safeguard goods in transit and storage. This unique combination of IoT and insurance means our customers can use data to make supply chains more transparent, safe and sustainable - better for people and the planet. Parsyl was recognized as a "Best Startups to Work for in Colorado" by BuiltIn Colorado in 2022 and 2023.

What You Bring to Parsyl

We are creating a mission-driven team that aims to transform the essential supply chain industry. You will work with our Underwriting and Sales teams to support every aspect of policy submission and administration, as well as supporting general operations as we grow this exciting new insurance business. Strong candidates for this position are excellent communicators both verbally and in writing, extremely organized, process-oriented, and inquisitive. A customer-focused mindset with the ability to multi-task and change priorities is crucial.

In this role, you’ll get to:

• Qualification of new insurance prospects, including:
  • Communicating effectively with brokers and underwriters to secure the information necessary to accurately process the business
  • Supporting and learning from senior leadership and program underwriters
• Learning the insurance sales and underwriting process by:
  • Setting up submission packages for underwriting review while executing broker onboarding and compliance checks
  • Providing support throughout the underwriting, sales and claims process
  • Preparing and coordinating all transactions and internal processing, including binders, invoices, policies, endorsements, cancellations, renewals, non-renewals and reinstatements.
  • Compiling final policies to send to brokers for distribution to Insureds
  • Working with Parsyl Accounting to facilitate billing and premium collection
• Maintaining accurate and thorough risk data and reporting in our tools
• Analyzing, refining, and iterating on internal processes to make them more efficient and ensure accuracy
• Monthly reporting for internal and external audiences
• Ensuring Parsyl customers have an unexpectedly delightful experience with their insurance partner
• Opportunities for advancement within the Insurance team including graduation to Underwriter roles if desired

Requirements

Parsyl is committed to cultivating a diverse pool of candidates interested in joining a mission-driven company. We are building an inclusive team at Parsyl that welcomes different perspectives and creative ideas in order to best achieve our mission of ending the days of "ship and pray" and serving our customers.

What we're looking for:

• Experience demonstrating strict attention to clerical details, transaction procedures, and/or record-keeping requirements
• Excellent written and verbal communication skills; comfort with picking up the phone and calling stakeholders to get answers to questions
• Strong time management, prioritization, and organizational skills
• Capacity to adapt to change and embrace new processes/procedures
• Ability to quickly learn and problem solve with a passion for reducing operational inefficiencies and pain points
• Curiosity and willingness to dig deep and ask questions to ensure a thorough understanding of complex risks
• Ability to work well with others in a supportive, collaborative team environment
• Commitment to excellent customer service
• Parsyl requires all employees to be fully vaccinated against Covid-19, unless they qualify for a religious or medical accommodation

It's a bonus if you also have:

• A support staff role in an office environment for at least 1 year or a college degree
• The insurance industry (brokerage, MGA, underwriting, compliance) or financial services
• Project management expertise
• Experience in fast-paced start-ups

Benefits

Market competitive salary with an anticipated base compensation range of $50,000 - $65,000. Actual salaries will vary depending on a candidate’s experience, qualifications, and skills.

Additional Financial Benefits include:

• Stock options
• 401(k) including company match

Health and Wellness Benefits include:

• Medical, dental, and vision insurance effective on your start date (100% of medical, dental, and vision premiums for employees and 75% of premiums for dependents based on a solid, mid-tier plan)
• Six weeks of fully paid leave family and/or medical leave
• Monthly wellness benefit of $100 per month

Time-off and Vacation Benefits include:

• Unlimited vacation policy
• Company Breaks - quarterly mental health days, summer and winter breaks
• Paid sabbatical program

Additional Work Environment Benefits include:

• Significant career growth opportunities and continuing education stipend
• Flexible work environment based on role requirements
• Commuter benefit of $100 per month for public transportation or parking costs
• Home office set-up stipend of up to $1000
• Relocation assistance available (Denver, CO candidates or candidates willing to relocate will be considered)