Direct Sales Representative, Honeycomb

$60-75k

+ Employee Stock options grant

Junior and Mid level

Chicago

Remote from US

More information about location

Computer vision & AI-powered real estate insurance

Be an early applicant

Computer vision & AI-powered real estate insurance

21-100 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Be an early applicant

$60-75k

+ Employee Stock options grant

Junior and Mid level

Chicago

Remote from US

More information about location

21-100 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Company mission

To bring simplicity and transparency to real estate insurance.

Job

Company

Role

Who you are

A proven track record of success
An active P&C license
2+ years P&C insurance sales experience
Commercial real estate insurance experience is preferred
Ability to thrive in a startup environment - effectively adapting to changes, collaborative problem solving, excellent follow-through and collaboration, positive can-do attitude
Demonstrated intellectual curiosity - eager to learn constantly, bring your authentic self to work and ready to embrace diverse ways of thinking and working
Adapt to new and ever-changing technology as we build our processes and workflows, while brining above-average computer skills

What the job involves

As an Inside Insurance Agent, you’ll field inbound inquiries from small to mid-size commercial real estate owners and condo association board members. Beyond inbound lead response you will have the immediate opportunity source your own business and earn a materially larger commission on binds you bring to the table
Field inbound requests from prospects who visited Honeycomb’s website or were driven to us by a channel partner
Qualify prospects to ensure Honeycomb is able to offer the best insurance solutions on the market relative to their goals
Responsible for all aspects of servicing including change requests and issuing certificates of insurance
Consult insureds on available coverage options and how to most effectively insure their properties
Bind admitted package policies! Excess & Surplus lines product line to launch in 2024
Nurture existing clients and manufacture larger opportunities from their portfolios and networks
Serve as a critical early member in the development of the direct sales team
Partner with product development team as a critical part of the feedback loop that ensures ongoing product-market fit
Triage tactical requests with Customer Success team and risk assessments with Underwriting team
Fields insured questions across New Business and Renewals that require a licensed Producer

Our take

With many real estate insurers relying on a generalised approach, homeowners and landlords often have to pick up the slack when it comes to complex and serious claims. Plus, insuring properties against rising costs in the US means many insurers simply won't cover a large portion of homes.

Honeycomb Insurance aims to remedy these real estate coverage issues using AI and computer vision to quantify insurance claim costs. It analyses aerial photographs of building roofs and street-level shots to analyse quality and risk, thus removing the need for expensive physical inspections. This means the company can accurately underwrite risks in a fraction of the time, and deliver a better service to more consumers.

The value of this offering is showcased by Honeycomb's expansion to operate across 16 states. It now covers around 60% of the US market and has over $20 billion in assets under its belt. A substantial Series B round in 2024 will help it grow into new insurance markets and accelerate its AI-powered tech, as it aims to triple this asset value by 2025.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Trustpilot (4.5)

Company

Funding (last 2 of 3 rounds)

May 2024

$36m

SERIES B

Jan 2022

$15.4m

SERIES A

Total funding: $54.7m

Company benefits

Health Benefits
Employee options grant
401K
Flexible paid time off
Paid national holidays

Company HQ

West Loop Gate, Chicago, IL

Leadership

Itai Ben-Zakai

(CEO)

Previously an Advisor at IT-Farm VC and SafeDK. Was also Co-Founder and CEO at Comprendi, and a Senior Director at Quin Street.

Nimrod Sadt

(CTO)

Previously Co-Founder and CTO at HotelRatePRO. Was also Senior Application Development Engineer at Applied Materials and a Software Engineer at Intel Corporation.

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