Semsee

👥 11-50💰 Series B about 3 years agoFinancial ServicesInsuranceCommercial InsuranceSoftware💼 Private Company
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Semsee is a rapidly growing insurtech company revolutionizing the $120 billion small commercial insurance market. We provide a cloud-based platform that streamlines the quoting and agency management process for independent insurance agents. Our SaaS solution empowers agents to quickly generate multiple quotes from various carriers, compare coverage options, and manage applications efficiently. This significantly reduces time and effort, allowing agents to focus on client relationships and business growth. Our platform leverages a robust tech stack including nginx, Amazon Web Services, and integrates seamlessly with Google Maps for enhanced functionality. We prioritize a modern, agile development process, focusing on continuous improvement and delivering a high-quality user experience. We're a team of hard-working, creative individuals passionate about making insurance more accessible and efficient for small businesses. Our inclusive culture fosters collaboration and growth, providing opportunities for career advancement and a stimulating work environment. Semsee is well-funded by reputable investors including 01 Advisors, D.E. Shaw & Co, and Markel, reflecting our strong market position and potential. We offer a hybrid distributed workplace with offices in New York and Columbus, Ohio, and remote work options for eligible roles. We're committed to providing competitive compensation, stock options, comprehensive benefits (including generous parental leave), and ample opportunities for professional development, making Semsee an ideal place to build a rewarding career. We've been recognized for our innovations in the insurance industry, as seen in recent press releases detailing our platform enhancements and partnerships. Our focus remains on developing leading-edge insurance technology to meet the evolving needs of agents and their clients. This focus, coupled with our strong financial backing, positions Semsee for continued growth and success in the future.

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🧭 Full-Time

💸 70000.0 - 90000.0 USD per year

🔍 Insurance

  • Background in insurance premium accounting, including: surplus lines tax filings, agency commissions, managing agency bill/direct bill/premium financed insurance transactions
  • Comfort with using an agency management system, Nexsure preferred (AMS)
  • Bachelor’s degree in finance or accounting or equivalent experience
  • 1-2 years of insurance premium accounting experience
  • Tech savvy and are excited and able to learn new platforms easily
  • Knowledge of Excel is a must
  • Knowledge of the insurance industry is essential
  • Create and process invoices for our Market Access team and our agency partners
  • Handle paying carriers, pay commissions to agents, and manage collections
  • Analyze current and past financial data and performance to guide strategic decision making
  • General ledger account reporting and maintenance
  • Use data to efficiently report on and forecast financial performance
  • Reconcile and balance premium accounting on a daily basis
  • Monitor open balance to make sure all outstanding premiums have been accounted for in the collection’s timeline.
  • Submit delinquent accounts to AFM for formal collections.
  • Process Carrier payables on fully paid receivables to keep the policies in good standing.
  • Process Direct bill commission payables to retail agencies on a monthly cadence.
  • Process past due notices for delinquent open receivables.
  • Process return premium to the finance companies and retail agents.
  • Service all agency inquiries regarding billing.
  • Pull daily ledger from the bank account and allocate the cash in Nexsure.
  • Pull monthly bank statement and reconcile/ close the month in Nexsure.
  • Perform continued audits internally, as needed, to ensure all GL’s are clean and all transactions are accounted for.
  • Provide revenue and income reports to upper management.
  • Review all AP reports prior to disbursement to eliminate erroneous and duplicate transactions.
  • Process PFA quotes for underwriting upon request.
Posted 1 day ago
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🧭 Full-Time

💸 70000.0 - 120000.0 USD per year

🔍 Insurance

  • 5+ years of related insurance experience, preferably at least partially at an insurtech
  • Excellent written and verbal communication skills
  • Proven ability to work remotely and seamlessly with multiple internal teams
  • Be a main point of contact for agents as they quote small commercial risks, including difficult-to-place business in the E&S market.
  • Build and nurture strong relationships with insurance brokers, agents, and other key stakeholders, serving as the primary point of contact and providing exceptional customer service and support.
  • Develop and implement strategic plans to effectively manage assigned agencies, identifying key growth opportunities and prioritizing initiatives to drive new business development and achieve revenue targets.
  • Become an expert on our platform and the many products available to address client inquiries and effectively communicate our value proposition.
  • Maintain a thorough understanding of our insurance products, coverage options, underwriting guidelines, and industry regulations, effectively communicating value propositions and addressing client inquiries and concerns.
  • Collaborate closely with internal teams, including underwriting, marketing, and operations, to ensure seamless coordination and execution of sales initiatives, leveraging cross-functional expertise to deliver comprehensive solutions and exceed client expectations.
Posted 6 days ago
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