Assistant Underwriter, Renewable Energy - Remote Insurtech
kWh Analytics is a leading provider of Climate Insurance for zero carbon assets. Utilizing their proprietary database of over 300,000 operating renewable energy assets, kWh Analytics uses real-world project performance data and decades of expertise to underwrite unique risk transfer products on behalf of insurance partners. kWh Analytics has recently been recognized on FinTech Global’s ESGFinTech100 list for their data and climate insurance innovations.
The Solar Revenue Put production insurance protects against downside risk and unlocks preferred financing terms, and the Renewable Energy Property Product offers comprehensive coverage against physical loss. These offerings, which have insured over $4 billion of assets to date, aim to further kWh Analytics’ mission to provide best-in-class Insurance for our Climate.
Who we are looking for:
We are looking for an Assistant Underwriter to support the Renewable Energy Core Property Insurance team through risk assessment, submission triage, clearance, agent/broker follow-up, modeling, and associated administrative support through the policy lifecycle. You will also be responsive to marketing, underwriting, retention, and service standards which support a quality book of business.
What you can look forward to:
- Working closely with industry experts to build a new product line in a fast-growing insurtech company.
- Evaluating applications for renewable energy property insurance and supporting Senior Underwriters with pricing, approvals, declinations, and policy administration.
- Managing new business, renewals and endorsements.
- Cross-functional interactions with senior management, business development, and data scientists.
- Solving a critical bottleneck that is holding back the adoption of renewable energy.
- Improving processes and driving efficiency.
- Working with brokers and other industry professionals.
- Responsible for the recording of policy risk characteristics and managing portfolios of projects.
- Gathering data and preparing documents to support the business.
- An equity stake in the company, via incentive stock options.
- A wide variety of medical, dental, and vision plans. 401(k), HSA, FSA and corporate discounts.
What you likely need to do the job well:
- Underwriting experience: You’re familiar with the ins and outs of P&C insurance, having worked in an underwriting support role or as an underwriter for 1-3 years writing all risk insurance coverage. Natural catastrophe underwriting experience and experience with Nat Cat modeling is a plus.
- Critical thinker: You can quickly synthesize large volumes of (often conflicting) information, and develop a thesis. You can clearly articulate your proposal with supporting data.
- Operational Capability: We are a startup and need people who are ready to get their hands dirty and are biassed towards action.
- Self-starter: You can independently lead and manage projects. You know when to ask for help, but also trust your analytical frameworks.
- A thinker and a doer: You can hold multiple stakeholders’ perspectives in your head, devise a solution, and then rapidly build consensus around that solution.
- Customer service focus: You view and approach KWH partners with a relationship mindset being responsive and working together to solve problems.
Pay range:
- Pay range: $33-36/hour + equity + benefits. At kWh Analytics, it's typical for external candidates to be hired near the middle of the pay range for their role.