Back to Jobs

Underwriting Associate

CompScience • San Francisco • Full-time

$80,000

per year

Insurance Workers compensation Startup AI technology Underwriting

Job Description

About CompScience

At CompScience, we're not just building software—we're saving lives. We're a high-growth startup on a mission to prevent 1 million workplace injuries through bold technological innovations, ensuring that everyone can go home safe at the end of the day.

Founded in 2019 and backed by investors from SpaceX, Tesla, and Anduril, we've assembled a powerhouse team that bridges two worlds:

Cutting-Edge Technology: Our engineering team is comprised of distinguished computer vision engineers, software architects, and data scientists from the self-driving car industry. They bring unparalleled expertise in AI and machine learning to the realm of workplace safety.
Insurance Acumen: Our insurance team comprises seasoned professionals who understand the nuances of workers' compensation policies. They work hand-in-hand with our tech experts to translate advanced analytics into tangible insurance products that truly serve our clients' needs.

Our groundbreaking perception-based risk assessment program, the first of its kind, provides the most comprehensive data stream available for risk analysis and monitoring and has proven to significantly reduce accidents in some of the world's most hazardous occupations.

About the Role

As an Associate Production Underwriter at CompScience, you will begin your underwriting career by learning to use our groundbreaking AI-powered tools to assist in evaluating and pricing workers' compensation insurance. Working under the guidance of senior underwriters, you will learn to apply underwriting guidelines and industry expertise to determine eligibility and appropriate pricing for prospective policyholders. This role will provide foundational experience in reviewing, analyzing, and quoting policies while supporting the team in managing agency relationships and resolving problems.

Responsibilities

Assist senior underwriters in preparing and developing premium quotations utilizing underwriting guidelines within an assigned letter of authority.
Learn to determine underwriting eligibility and develop appropriate pricing for new business and renewals with direct oversight.
Support the analysis and review of prospective accounts for insurability.
Help address agent and policyholder concerns and needs to foster positive and productive agency relationships.
Work with the underwriting team to support new business development, profitability, and retention of existing business in a given territory.
Make recommendations about loss sensitive options (e.g. large deductible)

Required Experience

Entry-level to two years of experience in an insurance organization with exposure to Workers' Compensation.
Demonstrated analytical skills with the ability to learn and apply underwriting guidelines to evaluate risks.
Strong communication and interpersonal skills with an eagerness to learn how to manage agency relationships.
Basic mathematical aptitude and the ability to learn how to calculate premium quotations.
A proactive and detail-oriented approach with a strong desire to learn and grow in a fast-paced environment.
Ability to work collaboratively within a team and take corrective action when needed.

Nice-to-have

MGA Experience
Startup Experience
HubSpot Experience

Working at CompScience

Compensation: CompScience is committed to fair and equitable compensation practices. The annual salary range for this role is $80,000 – $100,000. Compensation is determined within the range based on your qualifications and experience. Our total compensation package also includes equity and comprehensive benefits.

Benefits at CompScience: