Commercial Auto Product Manager

Location: Fully remote

At Fairmatic we’re on a mission to make roads safer, one fleet at a time. We think about insurance, risk and underwriting in an unconventional way. Auto insurance has alway been unfair: safe and unsafe drivers that look alike pay the same. Because of this, safe drivers end up subsidizing risky ones. It doesn’t make sense. We’re using data and AI to introduce a personalized option that incentivizes safe driving with savings. Our predictive risk models have been trained with nearly 200 billion miles of driving data and tested with hundreds of thousands of paying drivers with industry-leading underwriting results. And we’re just getting started.

Our leadership team includes serial entrepreneurs, insurance industry savants and start-up veterans. We’ve raised $42M from leading VCs as well as insurtech, fintech and technology industry angel investors.

At Fairmatic we do our best work while living our best lives, regardless of where we are. We have thriving teams across the globe and we are constantly looking for talented folks to welcome into the family. We are a curious, adaptable and diverse bunch of technologists and problem solvers who are obsessed about creating positive impact in the world. In our work together, we strive for close collaboration, humbleness and constant learning.

We're looking for a thoughtful, humble, and ambitious insurance policy and pricing expert to inject insurance knowledge into our technology product and offering. This is a high-impact, high-exposure position reporting directly into the President of Insurance, in which you will play a pivotal role in our success. You will partner closely with actuaries, compliance, underwriters as well as sales, customer success, and claims to provide feedback to tech team & product management on insurance policy and pricing as well as the direction of our product roadmap. This role calls for an excellent communicator and strong critical thinker who is able to work across our insurance and tech teams to identify opportunities, make thoughtful plans, and ensure things get things done.

In this role you will collaborate with our teams across the US, India, Israel and Europe.

A day in the life:

• Identify insurance policy and pricing yearly and quarterly strategic priorities and objectives, work closely with tech to ensure these are well understood and incorporated into product roadmaps
• Own rate adequacy, rate competitiveness and insurance policy construction. Proactively identify improvement opportunities across portfolio based on quantitative and market analysis
• Be the single point of contact for core insurance product functions, which includes all teams which touch rate and coverage (including actuary, underwriting and compliance)

• Define and closely monitor key performance metrics for our insurance portfolio, suggest changes to our tech roadmaps as needed to ensure alignment between company priorities, user feedback and tech investments
• Work closely with technology (including product managers, data scientists and engineering managers) to develop product roadmaps
• Understand and prioritize user pain points with our insurance policy and pricing (speaking with users, broker and other partners, working closely with sales and customer success)
• Develop and maintain competitive intelligence on our insurance policy and pricing
• Propose and champion new ways in which the rest of the organization can help maximize value creation from your work
• Remove roadblocks/delays and work cross-functionally to resolve them as needed
• Act as a thought partner to the leadership team on all insurance-related matters
• Exemplify and foster Fairmatic’s humble, collaborative and impact-obsessed culture

#LI-Remote

Requirements

What we need from you

• You’re a commercial auto expert, with 6-8 years or more working on commercial auto pricing and policy construction, and regulatory environment in both admitted and non-admitted
• You’re comfortable with data, and can independently use the tools used to manipulate it and perform analytics
• You’re user-obsessed, you can deeply empathize with their needs and pain points, you are their champion within Fairmatic. You are aware of your biases and put them aside to let the voice of your users shine through
• You are an excellent communicator, you can express complex ideas in simple terms, you can develop simple materials (slides/word documents) to convey your thoughts visually
• You love to learn, you have healthy skepticism of the status quo and you’re obsessed with continuously finding better ways to do things
• You’re a hustler: you're always looking for opportunities to add value, and are known by your peers as being proactive and goin