Program Underwriter

Vertical Insure, Inc.; Minneapolis (MN); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Life insurance

Paid time off

401(k)

Parental leave

Job summary

Vertical Insure, Inc. in Minneapolis is seeking a Program Underwriter to manage and grow insurance programs within an embedded insurtech context. You will develop program submissions, analyze performance, and collaborate with Product, Sales and Partnerships teams, as well as MGA, carrier, and reinsurance partners.

This is an excellent opportunity for someone with insurance experience to thrive in a fast-paced startup environment, shaping product launches and partnerships with carriers.

Qualifications

• 2–7 years of experience in the insurance industry, ideally underwriting, program management or product support.
• Bachelor's degree in actuarial science, risk management, finance or related analytical field.
• Experience with insurance carriers, MGAs or carrier relationships; insurtech is a plus.
• Strong analytical and organizational skills with ability to manage multiple projects.
• Excellent written and verbal communication skills.

Responsibilities

• Develop program submissions for new insurance products using actuarial models.
• Own reporting and analysis of underwriting and portfolio performance.
• Collaborate with internal and external partners to develop policy forms and program docs.
• Assist in securing capacity from reinsurance and insurers for partner meetings.
• Support development and maintenance of insurance products across verticals.
• Monitor product performance metrics and identify improvement opportunities.
• Coordinate with Sales, Product, Engineering to align with customer needs.
• Contribute to special projects improving insurance operations and launches.

Skills

Underwriting

Portfolio analysis

Carrier relationships

Data analysis

Communication

Education

Actuarial Science

Risk Management

Finance

Job description

About Vertical Insure

Location: Minneapolis, MN (Hybrid - in office Tuesdays and Thursdays)

Vertical Insure is the leading embedded insurance platform built for vertical SaaS platforms. We offer customized insurance options tailored to each business and its customers, adding value and generating new revenue without extra overhead. Our approach is simple; we are removing the burden from buying insurance by embedding it into our partners' existing product flow making financial protection effortless and timely.

Vertical Insure is looking for a motivated and detail-oriented Program Underwriter to help manage and grow our insurance product offerings. In this role, you'll support the development, maintenance, and performance of our insurance programs. You'll work closely with the Product, Sales, and Partnerships teams, as well as with our MGA, carrier, and reinsurance partners, to ensure we deliver the right insurance products to our customers.

This is an excellent opportunity for someone with insurance experience who's looking to expand into a fast pace environment underwriting programs in an embedded and Insurtech context.

Our Minneapolis office operates on a hybrid model, with in-office collaboration on Tuesdays and Thursdays. At this time, we're only considering local candidates.

Why This Role Matters

Insurance is at the heart of everything we do. As our Program Underwriter, you'll play a critical role in ensuring our products are profitable, scalable, and positioned for long-term success. Your work will directly influence new product launches, strengthen carrier and reinsurance relationships, and provide the insights that help us make smarter business decisions. If you're energized by solving complex problems, working cross-functionally, and helping shape the future of embedded insurance, this is an opportunity to make a real impact.

What You'll Do

• Develop program submissions for new insurance products based on existing or newly developed forms and actuarial models.


• Own the reporting and analysis of underwriting and portfolio performance metrics, providing insights to internal and external stakeholders.


• Partner with internal and external partners to develop, maintain, and enhance policy forms and program documentation.


• Assist in securing capacity from reinsurance and insurers, including preparing materials and data for partner meetings.


• Support the development and maintenance of insurance products across multiple business verticals.


• Monitor and analyze product performance metrics, identifying trends, and recommend opportunities for improvement.


• Collaborate with Sales, Product, Engineering, and others to ensure insurance products align with customer and business needs.


• Contribute to special projects that improve insurance operations and support new product launches.

Who You Are

• 2-7 years of experience in the insurance industry, ideally in underwriting, program management, or product support


• Bachelor's degree in Actuarial Science, Risk Management, Finance or a related analytical field.


• Experience working with insurance carriers, MGAs, or carrier relationships; experience with Insurtech is a plus.


• Strong analytical and organizational skills, with the ability to manage multiple projects.


• Excellent written and verbal communication skills.


• Interest in growing within a fast-paced startup and learning how to manage insurance programs end-to-end.

Experience That Goes the Extra Mile

• Demonstrated ability to create and improve underwriting and operational processes.


• Background in fintech, insurance, or vertical SaaS industries.

What We Offer

The estimated base salary for this role is: $80,000 - $110,000 per year, depending on the level of experience, job-related knowledge, and skills. We offer a comprehensive benefits package, including health, dental, life insurance, flexible PTO, 401(k), paid parental leave, and more.