Underwriting & Premium Audit Operations Analyst, Pie Insurance
$90-110k
+ Equity + may grant discretionary bonuses to eligible team members.
Small business insurance
Open for applications
Small business insurance
201-500 employees
Open for applications
$90-110k
+ Equity + may grant discretionary bonuses to eligible team members.
201-500 employees
Company mission
To make insurance less expensive, simpler, and more transparent for small business owners.
Role
Who you are
- Strong analytical and problem-solving skills with an attention to detail
- Proficiency in Excel, SQL, and data visualization tools such as Looker, Tableau, or Power BI
- Familiarity with workers' compensation classifications, audit standards, and NCCI/ISO reporting guidelines
- Excellent written and verbal communication skills
- Ability to work independently and manage multiple priorities in a fast-paced environment
- Collaborative mindset with a drive to improve operational efficiency and accuracy
- Bachelor's degree in Business, Risk Management, Insurance, Data Analytics, or a related field
- 2–4 years of experience in workers' compensation underwriting, premium audit, or insurance analytics
- Prior experience with insurance policy systems, data marts, and reporting tools is preferred
- Advanced data presentation skills, including building out reports and dashboards
- Prefers to base decisions on data and ROI
- Comfortable with ambiguity and can navigate complexity; able to direct work and provide analysis even when limited information or inputs are available
- Demonstrated ability to multitask and meet strict deadlines in a fast-paced environment
- Consistent experience juggling multiple deliverables simultaneously
- The ability to work well under pressure and problem solve
- Self-driven work style and consistent exercise of independent judgment in matters of significance
- Advanced Microsoft Office and Google Suite skills with the ability to quickly learn new systems and technology
- Strong communication (written and verbal) and organizational skills while maintaining a strong attention to detail
What the job involves
- Reporting directly into our Senior Director of Commercial Strategy & Operations, The Underwriting and Premium Audit Analyst plays a critical role in supporting the underwriting and audit teams by analyzing workers' compensation policy data, monitoring premium audit trends, and identifying opportunities to optimize pricing accuracy and risk assessment
- This individual collaborates with cross-functional teams including underwriting, finance, compliance, and data analytics to ensure the integrity and efficiency of underwriting and audit processes
- Analyze policy-level underwriting data and post-bind premium audit results to identify trends, patterns, and discrepancies
- Support development and maintenance of audit tracking tools to monitor backlog, closure rates, and audit effectiveness
- Partner with underwriters to evaluate audit findings and escalate unproductive audits or material misclassifications
- Investigate and reconcile discrepancies in reported payroll and class code allocations between audit and policy issuance
- Develop and maintain reporting dashboards to provide actionable insights on audit performance, underwriting leakage, and risk segmentation
- Monitor unproductive audit rates, categorize audit outcomes, and work with internal partners to streamline workflow
- Identify areas of improvement in underwriting accuracy and audit effectiveness, and recommend system/process enhancements
- Support ad hoc analyses for state filings, pricing strategy, or regulatory compliance as needed
- Maintain audit completion metrics using key indicators such as policy effective date, policy term, audit type, and audit closure status
- Communicate findings and recommendations clearly to underwriting, audit, and executive leadership
- Act as a trusted business partner for key stakeholders
- Ability to effectively communicate with both business and technical teams
- Ability to multi-task and strong organization skills
- Ability to take a report or dashboard and develop a program, or recurring rhythm to create constant focus to the metrics and trending that matter
- Ability to build strong relationships with key stakeholders in the organization and act as a trusted advisor
- Ability to influence strategic thought through data driven insights
Our take
Historically, it’s been extremely cumbersome to qualify, onboard and manage workers’ comp insurance, particularly for America’s small businesses which haven’t been prioritized by larger carriers. That’s left small businesses often stranded with expensive and low-quality coverage.
Pie Insurance is changing all that through its technology-first model. Using data and analytics to better comprehend risk and speed up the decision-making process, it reduces the time to make an underwriting decision to a few minutes. Facing only legacy competition in an industry ripe for disruption, Pie Insurance has enjoyed rapid growth and received significant investment funding from backers in the InsurTech space.
Having recently acquired a nationally licensed insurance company, Pie Insurance is now able to directly issue its own policies nationwide. Currently available in 38 states, it will be aiming to expand its operations into the remaining states and territories to provide insurance to small businesses across the entire USA.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Sep 2022
$315m
SERIES D
Mar 2021
$118m
SERIES C
Total funding: $620.3m
Company benefits
- Flexible work: Pie offers in-office, hybrid, and remote work options so you can create the work environment that's best for you
- Fully paid health care: Pie covers the health, vision, and dental premiums for full time employees and covers a percentage of premiums for spouses and children
- Equity and 401k: We think you should get a piece of the pie, so in addition to equity, Pie contributes to your retirement through a 401k
- Generous PTO: We want to make sure Pie-oneers have time to balance a rewarding work life and fulfilling personal life
- Parental leave: Pie knows your family is important, providing 100% compensation for the first three months of parental leave, as well as a generous return to work plan
- Caregiver leave: Pie offers caregiver leave so you have the time to dedicate to those who need your care
- HSA and Health FSA: Pie contributes $1,500 for individuals and $2,000 for family HSAs per year. Employees have the option to contribute to a Health FSA
- Dependent Care FSA: To help care for your dependents, Pie allows employees to set aside pre-tax dollars to be used for expenses like babysitters, daycare, summer camps, etc
- Pet insurance: Pie understands your pet is family and their care can be costly when they're not feeling well. The plans provide reimbursement for common needs like exams, vaccines, x-rays, prescriptions, and much more!
Company HQ
Union Station, Denver, CO
Leadership
Dax Craig
(Co-Founder & President)MD of 11x Holdings which invests in commercial and residential real estate. Also Co-founded Valen Analytics, a data and analytics provider for property and casualty insurance.
John Swigart
(Co-Founder & CEO)Previously CMO for RapidFinance. Also worked as CMO for Esurance, starting off as VP of Finance in 2000.
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