Founding Wholesale Broker - Property

Hedge (YC P26)

San Francisco (CA)

On-site

USD 125,000 - 250,000

Full time

10 days ago
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Benefits offered by this job

0.50% equity at hire
0.25% performance grant
Health benefits

Job summary

Hedge is hiring a founding wholesale broker to build and own our property practice. You will combine retail-agency relationships, market judgment, placement craft, and relentless follow-through to produce durable revenue in commercial property and related placements. Based in San Francisco, this role is in-person six days a week.

Equity is 0.50% at hire with up to 0.25% performance grant. Base salary is $125K–$250K, with a target OTE of $500K.

Qualifications

  • At least three years of property brokerage, underwriting, or closely related experience.

Responsibilities

  • Build a focused property pipeline and win placements.
  • Qualify risks, shape submissions, and select markets.
  • Negotiate terms and drive placements from intake through bind.
  • Develop relationships with underwriters and program markets.
  • Maintain pipeline, renewal, and revenue forecasting.
  • Turn placement knowledge into repeatable playbooks.

Skills

Property brokerage
Underwriting
Strong network
Market judgment

Job description

THE OPPORTUNITY

Hedge is hiring a founding wholesale broker to build and own our property practice. You will combine retail-agency relationships, market judgment, placement craft, and relentless follow-through to produce durable revenue in commercial property, catastrophe-exposed property, and layered placements.

THE OPPORTUNITY

Hedge is hiring a founding wholesale broker to build and own our property practice. You will combine retail-agency relationships, market judgment, placement craft, and relentless follow-through to produce durable revenue in commercial property, catastrophe-exposed property, and layered placements.

Compensation And Upside

Target OTE is $500K. Base salary is $125K-$250K, creating a target cash range of $475K-$600K across the base range. Target variable compensation is $350K at $5M in annual new bound premium, with uncapped accelerators above target. Equity is 0.50% at hire, with up to an additional 0.25% performance grant.

What You Will Own
  • Build a focused retail-agency pipeline in property
  • Qualify risks, shape submissions, and select the right markets for each opportunity
  • Negotiate terms, explain tradeoffs, and drive placements from intake through bind
  • Develop strong working relationships with underwriters and program markets
  • Maintain disciplined pipeline, renewal, and revenue forecasting
  • Turn placement knowledge into repeatable playbooks and product feedback
What Success Looks Like
  • First 30 days: master Hedge's market access, appetite, workflow, and current opportunity set
  • By day 60: own a credible agency and submission pipeline with clear placement strategies
  • By day 90: bind initial business and demonstrate repeatable conversion
  • In 12 months: build a high-quality property book and bind $5M in annual new premium
Who Thrives Here

You have at least three years of brokerage, underwriting, or closely related experience in property. You have a strong network, sharp market judgment, and the operating discipline to manage details without losing commercial momentum.

WHY HEDGE

Hedge is building the operating system for commercial insurance distribution. You will work directly with the founders, own a consequential part of the company, and help define how the function works as we scale. We offer health benefits and meaningful equity.

WORK MODEL

This role is based in San Francisco and works in person with the team six days a week.

INTERVIEW PROCESS
  • Application review
  • A focused introductory conversation
  • A production, book, and market-relationship deep dive
  • A live placement working session using a realistic property risk
  • Final conversation with the founders

Hedge is an equal opportunity employer. We evaluate candidates based on ability, judgment, and potential, and we do not discriminate based on protected characteristics.

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