About CoverForce
At CoverForce, we're on a mission to transform the insurance industry by making it faster and easier for businesses to get the coverage they need. Now is the perfect time to join our team and help shape the future of insurtech. Thousands of insurance agents and corporate customers depend on our tools to simplify quoting, comparing, and buying insurance policies. We partner with top insurers like Travelers, Liberty Mutual, and Chubb to streamline underwriting and sales, cutting the time spent on a single insurance policy by 60%.Our innovative solutions include:
Quote and Bind Platform: Trusted by several of the Top 100 insurance distributors in the US, our platform lets agents generate and purchase business insurance quotes with a single click, saving time and eliminating repetitive paperwork. Carriers also use it to digitally empower their appointed agencies.
Embedded Commercial Product: This allows partners like Walmart, Gusto, and Uber to offer business insurance directly through their platforms using our API. It also integrates with other Agency Management Systems to enhance their quote and binding capabilities.We're positioned to be the central API for insurance distribution, much like how Plaid has transformed banking. Whether through our user-friendly web platform or our powerful API, CoverForce is here to make insurance purchasing easy, digital and efficient. Join us and be part of a team that's dedicated to innovation and excellence. Headquartered in New York, we’re excited to welcome passionate individuals who want to make a real impact.
Launched in 2022, we have raised over $18m in funding and are backed by top VCs & execs from Insight Partners, NYCA Partners, QED Investors, Google, Uber, Walmart...and a co-founder of Plaid.
About the role
We are seeking a Business Analyst to join the team at CoverForce. In this unique role, you will have the opportunity to have high impact and work on cutting edge innovations in the insurance tech space. You will act as a Consultant and Subject Matter Expert on Commercial Insurance, working closely with technology teams to help them understand insurance rules, concepts and standards.
What you'll do
Conduct Insurance carrier API analysis to assist with the mapping of underwriting questions, industry codes, job codes, class codes and other insurance carrier-specific data to structures internal to the CoverForce platform
Engage with the Engineering team to scrape insurance carrier APIs for database population exercise
Help Engineering team understand insurance concepts, rules and standards (e.g. coverages, SIC / NCCI).
Build and maintain data sheets (Excel, Google Sheets) with insurance carrier-specific information such as underwriting models and carrier appetite to support the Engineering team
Interact with carriers to understand their appetite and objective of their questions
Complete ad-hoc analysis and other presentations to aid senior management in decision making
What we're seeking
Must have
A minimum of 3 years of relevant experience in commercial insurance (P&C)
Strong understanding of commercial insurance, underwriting questions, industry codes and carrier appetite
Comprehensive knowledge of industry and job codes including but not limited to NAICS, SIC, NCCI etc
Experience in commercial lines includes BOP, Workers Compensation, Auto, GL
You can work remotely from India
You're excited about a fast-paced work environment and have the desire to innovate
Nice to have
Prior experience or interest in data analysis
Advance proficiency in Excel/Google Sheets
Self-starter attitude and the ability to execute new ideas with autonomy
Python scripting knowledge
Compensation:USD 20000-35000
