Head of Insurance/Underwriting : InsurTech Startup
Why this role is compelling
Imagine propelling your career and earning potential to the next level by playing a
critical role in accelerating the profitability and market share of one of the fastest growing auto insurance companies in the U.S.Our client is the first-to-market with an AI powered, risk-based solution that leverages computer vision to deliver hyper-personalized auto insurance to the increasingly significant Gen Z and Millennial market. Reporting to the CEO, you’ll be a key player on the leadership team with direct impact on the strategies and processes that will enable the company to expand in the U.S. market and catalyze revenue growth.
Our client, a Seattle based tech forward company with an aggressive growth strategy, is on a mission to deliver its fully data-transparent insurance product and exceptional customer experience across the U.S. With funding and an overseas revenue stream, the company is well positioned to capitalize on the significant untapped market potential.
What we want you to accomplish
We’re seeking a technology savvy, engaging and agile leader willing to roll-up their sleeves to drive the profitability and sustainability of the product portfolio. You’ll be responsible for:
Developing and implementing comprehensive risk management strategies, including partnering with third-party actuarial firms to develop sophisticated models for risk assessment and pricing.
- Leading the underwriting process, including setting guidelines & pricing strategies to maintain a balanced risk portfolio.
- Optimizing operational performance by developing policies and deploying insurance management systems & other technologies that drive efficiencies and ensure regulatory compliance.
- Directing the claims management process, ensuring timely & fair resolution of claims, and implementing strategies that minimize claims leakage and detect fraudulent activities.
- Optimizing the use of captive structures to enhance the company's risk retention and transfer strategies, including managing relationships with captive insurance entities.
- Building and leading a high-performing team of operations professionals.
What we require
- Expertise in Risk Management and Underwriting
- Strong understanding of regulatory requirements across different States
- Personal auto insurance and/or User based insurance experience a plus
- Insurance industry experience, particularly with captive insurance
- Comfort level engaging with a variety of stakeholders, including engineers, actuaries and marketers
- Independent and ability to wear multiple hats
- Familiarity with the gig economy a plus
- Based in PST time zone a plus
What you get
- Competitive salary with equity
- Medical, dental and vision benefits
- Unlimited PTO
- Hybrid work environment with 2 days in the office per week
- Opportunity to work in a collaborative environment with a team committed to advancing the insurance industry with fun and transparent products and customer experience
