Job details

Insurance Product Manager (Remote, US)

Remote - United States

Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.

Now is the perfect time to join the journey. Here’s why

It’s working. We’re in multiple states and on our way to operating countrywide. We have thousands of agents selling our product and millions of dollars of annual customer premiums.
We’re well-backed & stable. We closed our $100M Series D fundraise. We are supported by some of the top investors globally, including Google’s “Gradient” AI-focused fund, Obvious Ventures, Advance Venture Partners, Eden Global Partners, and Clocktower Technology Ventures.
It’s not too late! Despite this traction and stability, we’re still early enough in the journey that there’s time to make a real difference during Openly’s formative period.

If you’d like to understand more about Openly’s mission, consider checking out this video (https://vimeo.com/267654520) from a company pitch we gave several years ago at Techstars.

We are seeking an Insurance Product Manager to help drive our state expansion efforts and bring Openly insurance products to independent agents across the country. Reporting to the Senior Manager of Insurance Product Management, this highly visible role offers the opportunity to lead key insurance product management initiatives and interact with business leaders across Technology and Operations Teams. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.

Key Responsibilities

Developing and calibrating Openly’s homeowners program for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models
Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
Collaborating with our Technology and Operations teams to successfully implement and launch the product in new states
Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint
Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Requirements

3-5 years of experience in insurance product management and product development roles
A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
Strong decision-making skills
P&C insurance experience is required, and homeowners insurance experience is a plus
Insurance product compliance and/or state launch experience is a plus

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Benefits & Perks

Competitive salary, corporate bonus program, equity position in a start-up company
Company-sponsored medical, dental, vision insurance plans, short-term and long-term disability, life insurance, 401k with corporate contribution, and FSA plan
Company-paid 12 weeks parental leave policy
The company fully embraces the “work-from-anywhere in the US” mentality, even before COVID restrictions.
Paid Time Off
Fun, fast-paced, startup environment

U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.