Hi I’m Jeff, one of the founders and currently lead underwriting at Sola (https://solainsurance.com). We’ve developed a new underwriting methodology that allows us to insure properties that current carriers can’t, and we’re backed by some of the world’s leading reinsurers.

We’re on a mission to create unprecedented simplicity and predictability in insurance. We recently closed our seed round and are looking to bring on underwriting talent to quickly expand and manage our coverage options.

I’m excited to learn more about how you’ll apply your experience to our unique underwriting approach.

Thank you for your interest, and I look forward to meeting you,

Jeff

About the role:

As the Underwriting Lead at Sola, you will be responsible for creating a system that allows us to quickly expand coverage options and maintain a stable book of business. You will be tasked with designing flexible and predictable insurance products, building actuarial support models, and navigating regulatory requirements.

This position will be onsite at Lloyd’s of London in the City of London, England, UK

What we’re looking for:

We’re looking for a property underwriter looking to work in a high-paced startup environment. We’re expecting you to leverage your underwriting skills while quickly learning actuarial-science, regulatory requirements, and other skills to support your desired product development.

We are looking for you to be comfortable communicating with underwriters at partner and prospective reinsurers.

About Sola:

In the last few years, millions of home insurance policies suddenly skyrocketed by 3 or 4 times due to market instability. As a result, Sola launched the only affordable and reliable wind/hail coverage in the entire market.

Our mission is to provide the most reliable and affordable insurance ever created. With premium only based on your property risk, not claims history or personal details, this results in fair, consistent pricing for every customer. As Sola solidifies their position in the market as the only go-to solution for this issue, it aims to expand across all types of natural disasters and property-related risks.

Curious about what our insurance agents think? Check out their thoughts here: https://youtu.be/I3G5RSf416c?si=7Iw2yE339W3hM0DX

What you bring:

• Property underwriting experience: 2-5 years of experience in property underwriting
• Willingness to grow: You’re willing to do any tasks to support the development of our products whether it’s “below your paygrade” or not

What you will do:

• Build relationships with reinsurance partners: You’ll be expected to take meetings with existing and prospective reinsurance partners to source capacity.
• Manage the expansion of our product: You’ll manage the development of our product. You’re expected to identify and execute on market opportunities for growth.
• Build actuarial models: You will build proprietary actuarial models to provide support for our products.
• Navigate regulations: You will identify and complete regulatory requirements around product development.

Benefits:

• Competitive salary ($120k-$140k base) (40k bonus)
• Benefits package that includes health (Medical, dental, & vision) insurance, unlimited paid time off, and more. We want you to thrive here!
• Stock options
• A dynamic and vibrant work culture that promotes personal growth, collaboration, and risk-taking.