About Kinetic
The Kinetic team is on a mission to create a safer workplace and better life for the frontline workforce around the world. We are re-defining workers comp by focusing on three main pillars: injury prediction, prevention, and management. Kinetic develops technology-driven solutions in each of these areas to create best-in-class outcomes for our policyholders.
Kinetic is at the forefront of innovation in Underwriting. We are doing things such as automating the import of messy loss runs to supplementing our Underwriters with customer, internally-developed pricing models to make their work efficient. In addition to cutting edge underwriting techniques and tools, Kinetic has developed proprietary loss control technology that uses AI to guide loss control services/technologies. Joining Kinetic will be a role in which you are on the forefront of innovation in Workers' Comp and participating in ideation and execution of new strategies for underwriting.
The Role
This role is a senior leadership role at Kinetic, helping establish systems and processes, as well as managing our Underwriting team. You will be at the intersection of implementing new pricing models and our underwriting leadership. You will work with multiple leaders from Loss Control, Claims, and Software, in order to explore better ways to price policies and offer input on innovative ways to grow our business with the best injury reduction program on the market.
Your day-to-day management of the Underwriting team will involve coaching our Underwriters on how to source large accounts (premium $200k+) from brokers, pitch our services, and win business. Kinetic will be looking to you on input ranging from class code expansion to new pricing strategies. You should be excited to lead the strategy and execution on items ranging from premium growth to the correct way to deploy new pricing models into our book.
This is a heavy ownership role, and requires the right leader to take the helm.
What you’ll do:
- Oversee all Underwriting efforts at Kinetic ranging from pricing of policies to deploying data-driven underwriting models into production
- Identification of class codes where our technology-driven approaches will have outsized impacts on losses
- Build and manage relationships with brokers, through yourself and your team, to grow submission volumes and win business
- Hiring and managing a team of UWs and UW Assistants
- Constantly thinking about new ways to increase operational efficiency through technology and/or outsourcing administrative tasks
- Setting, meeting, and communicating goals on growth, loss ratio and other key KPIs with the Kinetic leadership team as well as our capacity partners
What you’ve done:
- Minimum 10 years of experience writing Workers’ Comp, with 5 years being in upper mid-market or large, risk management accounts
- Must have experience in loss sensitive and retro style business
- 5+ years directly managing teams of Underwriters and operations related to Underwriting, ideally in a production underwriting environment
- A track record of building and maintaining a profitable book of business over $50M in size
- Performed detailed market analysis of class codes, loss rate analysis, and operations oversight
Big plus if:
- You are incredibly data-driven being fluent in Excel, or similar tools, and use it regularly in your decision making process
- You have pioneered an innovative approach to underwriting
- You have worked at an MGA and/or insurtech startup
- Experience in parcel, healthcare, trucking, and manufacturing is ideal
What we offer:
- This job can be done remotely or be based in NYC, where Kinetic’s headquarters are located
- Total annual compensation of $180k-$250k + equity
- Choose your OS - employees can choose any computer they prefer
- Medical, dental, and vision insurance
- 20 vacation days per year
- 9 federal holidays off
- Parental Leave
- HSA with compatible health plans
- FREE: Health Advocate
- FREE: Telehealth Membership
- FREE: OneMedical Account
