Senior Product Manager, Honeycomb
+ Employee options grant
Computer vision & AI-powered real estate insurance
Open for applications
Computer vision & AI-powered real estate insurance
21-100 employees
Open for applications
+ Employee options grant
21-100 employees
Company mission
To bring simplicity and transparency to real estate insurance.
Role
Who you are
- 5+ years of product management experience
- Experience in market research
- Experience with customer engagement and feedback collection
- Great communication skills. Ability to talk with anyone in the company and get to an understanding of how you can help each other
- Great analytical skills that will be used for understanding opportunities, prioritization and measurement
- Ability to think creatively and strategically
What the job involves
- Market Research and Analysis: Conduct thorough market research to understand industry trends, customer needs, and the competitive landscape. Use these insights to inform product strategy and development
- Customer Engagement: Engage directly with customers through various channels to gather feedback and understand their pain points and desires. Transform these insights into actionable product features and enhancements
- Cross-Functional Collaboration: Work closely with the marketing, sales, underwriting and development teams to align product development with market needs and marketing strategies
- Product Vision and Strategy: Develop and maintain a product roadmap that aligns with market trends and company objectives. Ensure the product vision is communicated effectively across all levels of the organization
- Competitor Analysis: Keep a close eye on competitor products and market moves. Analyze their strategies to inform our product positioning and differentiation
- Data-Driven Decision Making: Utilize data analytics to make informed decisions about product direction and priorities
- Go-to-Market Strategy: Collaborate with the marketing team to develop and execute effective go-to-market strategies for product launches and updates
- Feedback Loop Management: Establish and maintain a system for collecting, analyzing, and acting on customer and market feedback
Our take
With many real estate insurers relying on a generalised approach, homeowners and landlords often have to pick up the slack when it comes to complex and serious claims. Plus, insuring properties against rising costs in the US means many insurers simply won't cover a large portion of homes.
Honeycomb Insurance aims to remedy these real estate coverage issues using AI and computer vision to quantify insurance claim costs. It analyses aerial photographs of building roofs and street-level shots to analyse quality and risk, thus removing the need for expensive physical inspections. This means the company can accurately underwrite risks in a fraction of the time, and deliver a better service to more consumers.
The value of this offering is showcased by Honeycomb's expansion to operate across 16 states. It now covers around 60% of the US market and has over $20 billion in assets under its belt. A substantial Series B round in 2024 will help it grow into new insurance markets and accelerate its AI-powered tech, as it aims to triple this asset value by 2025.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (last 2 of 3 rounds)
May 2024
$36m
SERIES B
Jan 2022
$15.4m
SERIES A
Total funding: $54.7m
Company benefits
- Health Benefits
- Employee options grant
- 401K
- Flexible paid time off
- Paid national holidays
Company HQ
West Loop Gate, Chicago, IL
Articles
Leadership
Itai Ben-Zakai
(CEO)Previously an Advisor at IT-Farm VC and SafeDK. Was also Co-Founder and CEO at Comprendi, and a Senior Director at Quin Street.
Nimrod Sadt
(CTO)Previously Co-Founder and CTO at HotelRatePRO. Was also Senior Application Development Engineer at Applied Materials and a Software Engineer at Intel Corporation.
Salary benchmarks
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