Global Head of Underwriting
Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.
At Lemonade, you’ll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.
Unlike most publicly traded companies, we’re nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don’t care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.
We’re built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don’t like spending our days in meetings and we skip committees altogether. At Lemonade, there’s no such thing as going over someone’s head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.
As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.
We’re looking for a Global Head of Underwriting with hands-on experience designing and building world-class underwriting organizations with the skills and confidence to lead long-term strategic planning and execution.
The perfect candidate values insurance fundamentals but doesn’t hesitate to challenge traditional practices and is passionate about bringing innovation, technology, and sophistication to underwriting. You’re a self-starter and an execution powerhouse who loves big challenges, knows how to drive buy-in from stakeholders, and is a master of goal-setting and strategic planning.
You’ll lead our global team of Underwriters for all of Lemonade’s lines of business and work closely with our Underwriting Operations organization to safeguard our book and achieve our aggressive growth and profitability objectives.
In this role you’ll
Define our risk exposure appetite and strategy with group leadership and the insurance functions
Work with the different lines of business to design and implement the right underwriting guidelines and put the measures in place
Oversee book exposure while supporting and enabling fast, profitable growth
Lead strategic projects across business lines and work closely with Claims, Insurance Product, and Actuarial Pricing team
Design and build an efficient, scalable, and innovative underwriting organization and take a hands-on approach to capacity building
Bring cutting-edge technologies, new data sources and creative out-of-the-box thinking to underwriting control with a cost effective implementation
Maintain a strong, resilient, profitable, and competitive book of business across all our product lines
What you’ll need
15+ years of non-life, personal lines underwriting experience in senior management positions, leading large teams at top-tier national carriers
A proven history of managing exposure in profitable, large books of business, across product lines, in a fast-growth, highly competitive environment - >$1bn, non-life personal lines books - a must
Strong collaboration and communication skills with an ability to communicate complex technical issues and gain the support of diverse stakeholders
Natural team builder: Passionate and hands-on about finding the best talent and training, developing, and mentoring them with empathy and high EQ
Track record driving change, securing stakeholder engagement and buy-in and executing effectively and with a sense of urgency
Bachelor’s degree in Business, Insurance, Finance, Economics, Statistics, or related field
At Lemonade we welcome candidates who are enthusiastic about learning and adapting to the exciting world of AI, as a commitment to ongoing growth in this field is a fundamental part of our culture
*Please note that we are unable to sponsor applicants for work visas
Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.
Lemonade's US base salary range for this full-time position is $200,000-$240,000 + equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location
Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.