Ocean Marine Cargo Underwriter

About Parsyl

Parsyl is an impact underwriter for essential supply chains. We incorporate emerging supply chain and transition risks into our data- and expertise-driven underwriting practices to drive global impact.

Parsyl leads the Essential Consortium at Lloyd’s of London, is a Lloyd’s Coverholder, and operates Syndicate 1796, the first mission-driven syndicate at Lloyd’s. We are focused on insuring essential supply chains, including food and beverage, life science and pharmaceuticals.

Parsyl has won several awards for its innovation and leadership, including:

• The US Department of State ACE Award for Sustainable Supply Chain Leadership
• European Risk Management Award for Claims Innovation of the Year
• Top Workplace Awards from both BuiltIn and The Denver Post
  

What You Bring to Parsyl

We are creating a mission-driven team that aims to transform the essential supply chain industry. You will play an integral role on the underwriting team, primarily responsible for generating new business and expanding Parsyl’s market in North America.

Parsyl is headquartered in Denver, Colorado and we have a growing office in the center of the insurance district in London. We are currently building a team in New York City, and have a strong preference for candidates in New York or Northeastern US Cities. Travel to both domestic and international locations will be required an estimated 20% of the time.

In this role, you will lead on:

Underwriting and Client Service:

• Underwrite submissions in alignment with Parsyl’s innovative data-driven underwriting approach.
• Deliver unparalleled customer service throughout the entire underwriting process.
• Support peers in review and education of risk considerations.

Business Development and Innovation:

• Lead broker engagement, developing market relationships to drive submission volume.
• Collaborate closely with Parsyl’s leadership to contribute to the creation of additional insurance solutions.
• Monitor market trends to anticipate opportunities for Parsyl to offer differentiated coverage and expand its business portfolio.
• Implement a strategic distribution plan to cultivate and expand relationships, ensuring sustainable pipeline growth.
• Provide support for client engagement in Parsyl’s geographic expansion efforts.

Portfolio Management:

• Manage a diversified Cargo and Logistics portfolio with a focus on achieving GWP growth, profitability and high renewal retention rates.
• Collaborate with Parsyl’s claims team to maintain an industry-leading loss ratio.

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 and serving our customers.

What we're looking for:

• Experience and Expertise: Minimum of 3 years of experience in marine cargo or logistics underwriting or broking. Proven track record of successful portfolio management and achieving growth targets.

• Innovative Underwriting Skills:
• Demonstrated ability to underwrite and assess submissions in alignment with innovative guidelines.
• Strong analytical skills with a focus on utilizing data insights for intelligent underwriting practices.
• Client Relationship Management:
• Excellent communication skills with the ability to effectively convey Parsyl’s insurance approach to brokers.
• Proven experience in servicing marine cargo and logistics risk submissions, ensuring exceptional customer service.
• Results-Oriented Performance:
• Track record of achieving and surpassing performance metrics, including GWP targets, submission rates, and renewal retention.

It's a bonus if you also have:

• Additional language skills, including Spanish
• Previous experience working with an insurtech

Benefits

Market competitive salary with an anticipated base compensation range of $100,000-$250,000. Note that actual salaries will vary depending on a candidate’s location, experience, qualifications, and skills.

Additional Financial Benefits include:

• Stock options
• 401(k) including company match
• Underwriter bonus pool

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
• Commuter benefit of $100 per month for public transportation or parking costs
• Home office set-up stipend of up to $1000