Overview

Shepherd is an AI-native commercial insurance platform transforming how high-hazard industries get covered. Our mission is to make risk frictionless for the builders and operators shaping the physical world — protecting progress from concept through construction and into decades of operation. The infrastructure behind the AI boom — data centers, semiconductor fabs, renewable energy assets — has to be built and insured. But traditional carriers weren't built for this speed:

Complex commercial construction projects routinely wait weeks for a single quote
Legacy carriers rely on static applications and disconnected systems
Brokers chase carriers through calls, emails, and resubmissions

We built Shepherd to solve that. Our AI performs the same underwriting workflows in seconds, and integrates real-time data from construction technology partners — Procore, Autodesk, OpenSpace, DroneDeploy, and others — to see risk as it actually exists, not just as it was reported on a static form. We're pursuing the most ambitious technical vision in commercial insurance: fully autonomous underwriting. We're closing in on the first fully agentic submission in the industry — email in, price out, no human intervention until the last mile. With Shepherd, safety, speed, and quality no longer trade off against one another — they compound. We're building:

Faster decisions
Smarter, more accurate pricing
Better risk outcomes for insureds who invest in safer practices

We're not just modernizing insurance products. We're building the risk infrastructure for the next generation of financial services.

Our Investors

In March 2026, Shepherd raised a $42M Series B — bringing total funding to over $60M — led by Intact Private Capital, the investment arm of one of the largest insurers in the world. Intact is not only our lead investor but also a carrier partner, a testament to the confidence the incumbent industry has in what we're building. Our investors:

Intact Private Capital
Spark Capital
Costanoa Ventures
Y Combinator
Susa Ventures

And several others

Our Team

We're a team of technologists and insurance enthusiasts, bridging the two worlds together.

About you

We are looking for a motivated and eager individual who’s passionate about the future of construction and eager to do the best work of their career. You would be a dream candidate if…

You have a minimum of 7+ years of previous experience in the commercial underwriting space (Construction, Casualty, and/or Builder's Risk experience preferred)
You aren’t afraid of ambiguity
You have a strong work ethic, are self-motivated, and have the ability to manage multiple tasks/projects simultaneously
You have exceptional interpersonal skills (verbal and written) and a high EQ
You have strong sales and marketing skills and are able to position accounts and close deals
Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying target accounts that fit Shepherd’s underwriting appetite
Bachelor’s degree or equivalent experience

About the Role

Shepherd's underwriting approach will be client-centric with a heavy emphasis on an efficient process. Our goal will be to leverage our technology and data to make quick, informed, underwriting decisions tailored to our client's specific needs. Candidates must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners. Teamwork, communication, and negotiation skills are required. Solid background in risk analysis and experience with construction and/or casualty underwriting. Knowledge and proficiency with compliance, coverage, products, and pricing strategies. Be adaptable and creative in a fast paced startup environment. This is an onsite position in our New York City, San Francisco, or Dallas Fort Worth offices.

Additional Information / Benefits:

Premium healthcare (100% covered)
Fertility/family building support
Unlimited PTO policy
Daily meals/snacks at office locations
Professional development/coaching opportunities
Competitive 401(k) plan options
Dog-friendly office environment (San Francisco office)