Underwriting Risk Review Specialist--Contractor

Underwriting Risk Review Contractor

NEXT’s mission is to help entrepreneurs thrive. We’re doing that by building the industry's only technology-led, full-stack provider of small business insurance, taking on the entire value chain, and transforming the customer experience.

Simply put, wherever you find small businesses, you’ll find NEXT. Since 2016, we've empowered hundreds of thousands of small businesses across the United States with fast, customized, and affordable insurance coverage. 

We're inviting an enthusiastic and detail-oriented multi-tasker to join our Insurance team as a key contributor, overseeing post-bind underwriting reviews for workers compensation policies. You’ll ensure compliance, correct discrepancies, streamline processes, and uphold data integrity. Collaborate cross-functionally to drive efficiency and improve workflows, while staying informed on regulatory changes. If you're passionate about accurate underwriting, enhancing processes, and fostering strong team partnerships, we’d love to hear from you!

What You’ll Do

• Conduct post-bind underwriting reviews for Workers Compensation policies to ensure compliance and accuracy.
• Collaborate with product and underwriting teams to provide insights that refine and improve NEXT’s underwriting systems and workflows.
• Supervise other contractors performing post-bind and renewal policy reviews, ensuring quality and consistency.
• Evaluate and process post-purchase policy change requests with a focus on accuracy and efficiency.
• Identify opportunities to streamline post-bind underwriting processes, contributing to faster and more accurate data collection and analysis.
• Use findings from reviews to help improve data labeling accuracy, supporting machine learning models and system optimization.
• Stay informed on regulatory changes and help integrate these changes into automated underwriting processes.
• Share multi-line expertise to identify cross-functional improvement opportunities across lines of business, such as General Liability, Property, and Professional Liability.

What We’ll Need

• Essential:
• Workers Compensation underwriting and rating expertise for small businesses, with familiarity in single-risk underwriting.
• Strong understanding of regulatory requirements and state Workers Compensation Bureau guidelines.
• Ability to manage multiple tasks, prioritize effectively, and maintain high accuracy in all reviews.
• Experience with insurance management systems and proficiency in Google Workspace applications.
• Process improvement mindset with a demonstrated ability to streamline workflows.

• Preferred:
• Multi-line experience in underwriting additional lines of business, such as General Liability, Property, and Professional Liability.
• Exposure to data labeling or involvement in projects requiring data curation for system improvement.
• Experience working with or supporting machine learning models in underwriting or claims systems.
• Knowledge of modern underwriting trends, including the use of AI and technology-driven decision-making.