Senior Insurance Analyst

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 always 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 $88M 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 are looking for a hungry, motivated and talented insurance professional who loves technology, analytics and offering solutions that positively impact our consumers. This teammate is willing to open the hood and use data to bring business insight to our dynamic product offering. In this role you will work closely with our teams in the US, Europe and India. This is a great opportunity to be part of a team that is disrupting the commercial auto insurance space while staying true to our mission of saving lives on the road.

Requirements

A day in the life:

– Work with Insurance Pricing and Policy Lead to identify and execute on yearly and quarterly strategic priorities and objectives, work closely with tech to ensure these are well understood and incorporated into product roadmaps

– Monitor rate adequacy and rate competitiveness. Proactively identify improvement opportunities across portfolio based on quantitative and market analysis.

– Be a subject matter expert for core insurance product functions, which includes all teams that touch rate and coverage (including actuarial, underwriting and compliance)

– Closely monitor the competitive environment as it relates to the insurance industry – in both the traditional carrier space and insurtech space.

– Identify and escalate user pain points with our insurance policy and pricing (speaking with users, broker and other partners, working closely with sales and customer success)

– Proactively communicate roadblocks/delays and work cross-functionally to resolve them as needed

– Exemplify and foster Fairmatic’s humble, collaborative and impact-obsessed culture

If you feel we’re describing you, it was meant to be…

– You have 3+ years working on commercial auto pricing (or similar discipline), policy construction, and regulatory environment in either admitted or non-admitted

– You can perform analytics on various aspects of our business.

– You are an excellent communicator; 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 going after it

– You get things done you are tenacious, you know set-backs are part of the journey and you find a way to get around them. You don’t spin your wheels, instead you ask for help when you need it.

Benefits

• Employee Health Insurance Program
• Private Health Care
• Unlimited Holidays
• Mobile and Broad Band allowance
• Entertainment allowance
• Wellbeing allowance
• Pension contribution