Portfolio / Renewal Underwriter - Workers' Compensation

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’s first product is a smart wearable device that monitors kinematic motion of an employee, and helps provide coaching on high-risk ergonomic motions such as bending, twisting, and jumping. It has proven to be incredibly effective at reducing frequency and severity of strain and sprain injuries by over 55%. 

Since then, we have expanded into developing tools such as a rapid-return-to-work process, computer vision for safety in the workplace, and generative AI for claims management. This is an exciting opportunity to work at a company fusing technology with industry leading services to create happier, healthier employees. 

The role

This is an exciting role to join Kinetic’s underwriting team, and engage in our territory expansion. Your responsibilities will include underwriting, retaining, and servicing of renewal accounts handled by our underwriting unit. The Portfolio Underwriter is expected to partner with production underwriters, field leadership, and underwriting technicians. They will investigate and promote franchise value opportunities including up-sell of services for renewal accounts handled; engage in producer management of assigned agency plant as necessary and appropriate; and act as the owner of individual renewal portfolio profit and loss performance. 

Kinetic has an incredibly unique product that we are excited to offer to our brokers as a way to set their accounts up for injury reduction, premium savings, and happier employees over time. You will be the beacon of this message in your interaction with our brokers. You should have a strong background in positioning a value-based product in Workers’ Compensation and not be afraid that we are competing against lower price options. You should be excited to engage with brokers and get the deal done in a way that prices the risk for profitability, and brings a can-do attitude to the team. 

What you’ll do:

• Underwrite and manage Work Comp renewal business for respective agency assignments including individually underwriting and servicing accounts in their assigned portfolio.
• Be responsible for adequately pricing exposures, in line with Retention and rate objectives, contributing to target profit and loss metrics for assigned portfolio.
• Contribute to portfolio mix in accordance with corporate mix targets.
• Handle endorsements that fall outside of the endorsement authority for Underwriting Assistants
• Handle cancellations that fall outside of the scope of Underwriting Assistants
• Effectively deliver renewal quotes at appropriate threshold in a professional manner, including quote proposals, up-sells, and segment expertise awareness as appropriate.
• Actively interact with internal and external customers to enhance the business relationship and improve retention ratios.

What you’ve done:

• At least 3 years of underwriting experience in mid-market Workers’ Comp insurance, with strong technical knowledge of Workers’ Compensation rating and classification
• Strong underwriting skill and coverage knowledge; ability to make underwriting decisions on Work Comp accounts > $100,000 premium
• Demonstrated strong relationship building, teamwork and collaboration skills with both internal and external partners
• Knowledge of competition and current marketplace; apply to all aspects of performing the role
• Experience managing an entire book of business including renewals, endorsement requests, policy changes, ex-mod changes, audit inquiries, class code changes and Rating Bureaus CRITS
• Tied loss control services into pricing and account servicing

Nice to have:

• Prior experience working remotely

What we offer:

• This is a remote job (occasional travel required for company on-sites and broker visits)
• $70k-$80k base salary with $10k bonus potential plus 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