Direct Sales Representative

Honeycomb logo
Job Details
Company:
Honeycomb
Location:
United States
Work Policy:
On-site

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Job Description

Honeycomb Insurance is an award winning InsureTech startup, founded by serial entrepreneurs and industry veterans and backed by top investors. Honeycomb is reinventing real-estate insurance and provides simple, fair, and affordable insurance through its end-to-end digital platform. Honeycomb leverages user-generated proprietary data, advanced Artificial Intelligence and Computer Vision to automate a currently manual, inaccurate and costly underwriting process

Our market-leading technology and insurance program have created a foundation for explosive growth, and insurance agency producers comprise our most critical growth channel. We’ve built the most producer-friendly quoting, binding, and policy management platform in the small commercial space specifically to serve Producer’s unique needs. But while our technology is second to none, we’ve found that Producers deeply value personal relationships, and that responsive support on active deals is imperative in maximizing our Producer experience (and revenue growth).

What You’ll Do

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

Basic Requirements

  • 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
  • Hybrid role with travel to downtown Chicago office 5-10 days per month

Benefits

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

About Honeycomb

Honeycomb is a deep-tech, digital insurer focusing on multi-family property insurance, a $34B market in the US alone.Our core value proposition is delivering a differentiated, long-lasting customer and partner experience. Our proprietary Artificial Intelligence technology enables us to do so while generating 4x YoY topline growth and unparalleled profit margins.

In contrast with the traditional insurance industry, which relies primarily on costly manual labor, Honeycomb already automated 60% of its underwriting processes achieving significantly better customer experience, consistency, and scalability and at the same time, delivering extremely low and highly consistent loss ratios. Honeycomb is expected to cross $100M in annual sales in Q1 2024 while maintaining its strong and highly sustainable growth.