Careers > OPEN POSITION

Large Commercial Builder’s Risk Underwriter

Remote - US

Ledgebrook is an InsurTech MGA on a mission to bring Specialty insurance into the modern era. Burdened with legacy technology and processes, the industry has not kept pace with the speed of innovation seen in other sectors. Positioned at the cutting edge of the next generation of InsurTech, Ledgebrook offers the best of both worlds: innovative world-class technology deployed by a leadership team armed with over 100 years of insurance expertise.

Our long-term vision is to become a diversified full stack Specialty re/insurer competing with legacy carriers in product lines & markets across the globe. To get there, Ledgebrook builds its premium base by rolling out a new Specialty product every ~6 months until we prove enough traction to raise a balance sheet, become a full stack carrier and eventually compete in the reinsurance markets. Our initial product is a domestic primary and excess GL E&S policies sourced via wholesale brokers.

At Ledgebrook, everything we do is driven by our culture: Care, Strive, Thrive Together. To succeed in modernizing the industry, we must first succeed in changing the way we do business. Talent density is our north star—fewer, better people working together as one. To that end we’ve replaced all individual incentives with generous equity packages—we play as a team, we win as a team. Everyone benefits handsomely from Ledgebrook’s success.

Ledgebrook is a fully-remote US based company backed by top venture and family office investors including Brand Foundry, American Family Ventures, Duquesne Family Office, and Stephens Group. We’re a fully remote team prioritizing impact, ownership, and collaboration.

About the Role

Role Summary

The position will be responsible for sourcing and underwriting complex, large commercial Builder’s Risk (ISO Class 1-6) in the United States.  The underwriter is responsible for the technical risk assessment, pricing, and line size deployment for new and renewal risks falling within the underwriting guidelines. They will work with internal and external stakeholders to develop and maintain a profitable portfolio.

Role Responsibilities

  • Building and maintaining a profitable portfolio. Proactively taking steps to optimize the portfolio and manage aggregations.
  • Developing solutions unique to each client while protecting our bottom line.
  • Day-to-day communication, marketing, and negotiating with approved clients and broker contacts
  • Examines, identifies, and evaluates exposures by analyzing documentation from various sources, such as the insurance application, project and site plans, project schedules, geotechnical reports, credit reports, crime scores, Nat Cat models etc. 
  • Coordinating Loss Prevention/ Risk Engineering services both internally and with our vendor partners.
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios. Manage this on a per risk and portfolio basis.
  • Key role in working with pricing system and technical teams to maximum profitability.
  • Compliance with all internal and external guidelines and legal requirements.

About You

Here at Ledgebrook we are passionate about creating a team that is on a continuous learning journey and that shares our excitement about building a company from the ground up. Some of the characteristics we hold dear are:

  • A passion to deliver a world-class customer service experience to both internal and external customer
  • Intellectual curiosity and desire to innovate processes/procedures versus being satisfied with the status quo
  • A desire to continue learning through on-the-job mentorship or formal educational/training opportunities
  • Agile prioritization skills coupled with a keen sense of urgency that seeks to balance getting it right versus getting it done right now
  • A strong drive and desire to win together as a high-performing team
  • A moral compass to "do the right thing, period", we have zero tolerance for toxic behaviors.

About Ledgebrook

Our next-gen tech stack supports faster, risk differentiated solutions to be crafted and delivered in response to the fast-paced needs of the E&S market. Our data driven approach seeks to unlock more opportunities and value from every submission received, leading to a faster ‘yes’ more frequently, but may also lead to a quick ‘no’.

We are motivated and structured to move faster than traditional insurance organizations. To fully align business objectives with a long-term view that supports our culture and values, all employees will have the opportunity to participate in company ownership through equity grants. We aim to deliver a highly compelling overall employee value proposition and a total compensation package that couples equity grants with base pay and benefits offerings.

At Ledgebrook, as a unified team of company stewards, we will Care, Strive and Thrive together!

What Ledgebrook can offer you

Competitive salary

and meaningful equity ownership

Health Insurance

100% employer-paid option available

Additional benefits

available include 401k plan,  dental, vision & other options

Remote work,

flexible hours

Unlimited

time off policy

Ownership,

autonomy, purpose

What Ledgebrook can offer you

Competitive salary

and meaningful equity ownership

Ownership,

autonomy, purpose

Remote work,

flexible hours

Unlimited

time off policy

Ledgebrook is proud to be part of

How to Apply

Apply Now

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