Bachelor's degree in Business, Finance, or related field., Strong analytical skills with proficiency in data analysis tools., Excellent communication and interpersonal skills., Experience in market research and business strategy development..
Key responsibilities:
Conduct market analysis to identify growth opportunities.
Prepare reports and presentations for stakeholders.
Collaborate with cross-functional teams to develop business strategies.
Engage with clients to understand their needs and provide solutions.
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Descartes collaborates with brokers across the world to protect their corporate clients & governments against natural catastrophes, weather, and emerging risks, through a unique data-driven approach.
OUR PURPOSE
Descartes was born out of the conviction that climate change calls for a revolutionary approach in insurance to better protect corporations and governments. Catastrophe and man-made disasters are increasing year on year under demographic pressure & climate change. At Descartes, we seek to help clients become more resilient, not just insure them. Resilience is greater than just protection; we aim to meet the evolving needs in our complex world by giving clients the ability and strength to quickly bounce back – empowering them to cope with climate change.
HOW WE WORK
Traditional insurance products are often not transparent, expensive and despite the urgency, claims are processed slowly. At the forefront of artificial intelligence for risk modeling, we challenge the status quo. We apply new technologies such as image recognition or machine learning combined with new generations of data sources, coming from satellites or IoT, to assess and manage risks. This makes our products fairer, since all pricing and underwriting is based on advanced data, faster and more accurate at paying claims. Our approach is parametric - clients know exactly which event triggers what payment.
WHO WE ARE
Descartes Underwriting is a Managing General Agency working only with brokers. We underwrite insurance policies on behalf of a selected number of first-tier insurers, reinsurers, and Insurance-Linked Securities funds. We have the capacity to underwrite USD 200 million per deal & our span is global thanks to our partners. Founded in the heart of Paris’ business district in 2018, we are proud to be a forward-looking and multicultural team backed by international risk carriers and financed with USD 141.5 million by BlackFin, Serena, Cathay, Highland Europe and Eurazeo.
ABOUT DESCARTES UNDERWRITING
Our mission is to help corporations and public sector organizations build their long-term resilience. To make it happen, we protect them from emerging risks, which are becoming increasingly significant and severe due to the growing unpredictability and complexity of the world.
Descartes Underwriting is a global leader in corporate insurance against climate, cyber and emerging risks. We offer a new generation of parametric insurance products, using a unique technology and data-driven approach to allow for an unparalleled understanding of emerging risks.
Since 2019, our organization has brought together extensive expertise from the world of global corporate insurance with a tech-driven, data-centric approach to underwriting.. This combination allows us to gain exceptional insights into emerging risks and develop the capacity to deliver agile risk transfer solutions for our clients and partners. Our ambition is to continue revolutionizing the corporate insurance industry and keep growing all over the world.
With a global presence and a strong footprint in the US, we serve over 400 large corporations across a wide range of industries, operating through 18 offices in North & Latin America, Europe, and Asia-Pacific. To date, Descartes Underwriting has deployed more than $10 billion in capacity through a network of corporate brokers. Backed by $141M from renowned investors, including Highland Europe, BlackFin, Serena, Cathay, and Eurazeo, we continue to push the boundaries.
ABOUT YOUR ROLE
The Business Development Analyst will be based in Denver, Colorado. They will collaborate across the Business Development and Marketing teams to support sales related activities and brand awareness in the North American P&C insurance market, with a focus on the Southeast.
Proposal Development - Aid in the preparation of client proposals by collecting and organizing the technical underwriting and pricing information into Descartes’s branded templates.
CRM & Data Management - Record broker engagement, contacts, event activities, client information, and due diligence in CRM systems.
Analysis - Assist with organizing business submissions from brokers including statement of values, loss runs, budgets and other prequalification documents. Assist in triaging of opportunities and summarize the information in a consolidated briefing.
Compliance - Collaborate with the Business Development Managers and the Operations team to execute TOBA documentation and appointment contracts.
Market Research - Research new market segments and assist in maintaining a central repository that stores information. Work closely with the marketing department on various campaigns and projects.
Lead Generation - Assist BDM in identifying new prospective distribution partners (brokers) and potential clients (Insureds) in various regions. Help identify cross-selling opportunities for existing clients. High engagement in ‘grass-roots’ sales efforts.
Learn, Develop, maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, and participating in professional societies.
TEAM WORK
Collaborate cross-functionally with BD teams to optimize business opportunities & meet ratio objectives.
Monitor insurance industry, and parametric specific, developments in the North American market, effectively communicating insights internally;
Travel: this position may entail some domestic travel activities and occasional international travel, including periodic overnight stays.
Co-Working Locations: this position will entail in-person meetings at co-working facilities for onboarding and strategic update meetings.
ABOUT YOU
Experience & Qualification
Currently based in Denver, Colorado;
Minimum 1-3 years in the North American P&C Market in a business development, underwriting, marketing, sales, or finance related role;
Candidates with experience from P&C insurance brokerage firms or underwriting companies considered a plus;
Expertise in Commercial Property insurance (incl. NatCat) space preferred.
Skills
Fluency in English (written and verbal communication) – required;
Good command of one additional language (e.g. Spanish, French) – valued;
Excellent interpersonal and communication skills, incl. sales & negotiation;
Strong analytical capabilities and financial acumen.
Mindset
Results oriented, high energy, with the ability to work in a dynamic and multi-cultural environment;
Excellent team player with an entrepreneurial mindset and value of diversity;
Motivated to learn and help improve businesses’ and communities’ resilience to climate change.
WHY JOIN DESCARTES UNDERWRITING?
Competitive compensation and benefits;
Commitment from Descartes to its staff of continued learning and development (think annual seminars, training etc.);
Work in a collaborative & professional environment;
Be part of an international team, passionate about diversity;
Benefit from a remote work environment.
At Descartes Underwriting, we cherish value of diversity whatever it may be. We are committed to fighting against all forms of discrimination and for equal opportunities. We foster an inclusive work environment that respects all differences.
With equal skills, all our positions are open to people with disabilities.