Senior Builders Risk/Inland Marine Underwriter

Overview

Shepherd is an AI-native commercial insurance platform focused on transforming insurance for high-hazard industries, particularly in construction and infrastructure sectors such as data centers, semiconductor fabs, and renewable energy assets. The company aims to make risk management frictionless for builders and operators from project conception through construction and long-term operation. Challenges in the industry that Shepherd addresses include:

• Long wait times (weeks) for quotes on complex commercial construction projects.
• Reliance on static applications and disconnected legacy systems by traditional carriers.
• Inefficient broker-carrier communication involving calls, emails, and resubmissions.

Shepherd’s solution:

• Uses AI to perform underwriting workflows in seconds.
• Integrates real-time data from construction technology partners (Procore, Autodesk, OpenSpace, DroneDeploy, etc.) to assess risk dynamically rather than relying on static forms.
• Pursues fully autonomous underwriting with minimal human intervention.
• Delivers faster decisions, smarter pricing, and better risk outcomes for insureds investing in safer practices.
• Builds next-generation risk infrastructure for financial services.

Investors include Intact Private Capital (lead investor and carrier partner), Spark Capital, Costanoa Ventures, Y Combinator, Susa Ventures, among others. Total funding exceeds $60M as of March 2026. The company culture blends technology and insurance expertise with a client-centric underwriting approach emphasizing efficiency and tailored decisions using technology and data. Locations: New York City; San Francisco; Chicago; Los Angeles; Dallas Fort Worth Employment Type: Full time Location Type: On-site Compensation range: $160K – $205K plus benefits including stock options, unlimited PTO, 100% coverage of medical/vision/dental insurance.