Vice President of Product, EvolutionIQ
AI / Insurtech
$250-275k
More information about location
3-4 days a week in office
AI for insurance carriers
Job no longer available
AI for insurance carriers
201-500 employees
Job no longer available
$250-275k
More information about location
3-4 days a week in office
201-500 employees
Company mission
To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.
Role
Who you are
- Ideally 9+ years of working in a high production environment in preferably the B2B SaaS space
- Exudes our ambitious, collaborative, and empathetic values
- Has deep experience with data-driven and/or machine learning products
- A strong track record of managing and developing teams of 5 or more Product Managers
- A pioneer that identifies new decisions to bring under management, is able to execute an initial sale and delivery as well as enable our GTM strategy to repeat and scale
- Demonstrates the ability to effectively communicate through written and verbal communication
- Has demonstrated success defining and launching excellent products
- Has a self-starter mentality with an eagerness to solve previously unsolved problems
- Can effectively correspond between technical and non-technical audiences
- Open to giving and receiving critical feedback and collaborating effectively across teams
- Ability to work our of our NYC office 3-4 days a week
What the job involves
- Lead and develop a team of several Product Directors (who manage PMs) building cutting edge AI products for the insurance industry
- Manage new products through their lifecycle
- Prioritize product and customer requirements
- Drive forward the vision and specification of our machine learning platform
- Help define and scale our product processes and culture
- Execute delivery on winning products
Our take
EvolutionIQ is a data-driven claim guidance platform for insurance providers. Its products combine structured and unstructured claim data with external third-party data to provide powerful claim guidance, aiming to modernise the claims operations process.
The company's offering is certainly an attractive one for businesses handling large volumes of these claims - the solutions aim to help insurance providers detect and prevent fraud without impacting their productivity and customer experience. Historically, the insurance industry has had access to vast amounts of data without optimising its use. EvolutionIQ's machine learning algorithms harness the learnings from every data point, enabling much more well-informed, actionable insights.
In 2024, CCC Intelligent Solutions acquired EvolutionIQ, which will continue to operate as a standalone company. Following a successful VC funding round, it reached a valuation of over $200 million and is now focused on further product development and international expansion. Off the back of this, it hopes to capture a larger slice of this $10 billion market.
Freddie
Company Specialist at Welcome to the Jungle
Insights
111% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2024
$20.2m
LATE VC
Jun 2023
$10.3m
LATE VC
Total funding: $60.4m
Company benefits
- Premium Medical Insurance Plan – Empire Blue Cross Blue Shield Medical insurance
- 401K with employer matching
- Dental Coverage – Principal Financial
- Life insurance / ACDC coverage – Reliance Standard
- Vision – Reliance Standard
- Short Term and Long Term Disability – Unum
- Employee stock option plan
- $500 to get you started setting up your home office and $200 every year for upgrades after that
Company HQ
Flatiron District, New York, NY
Leadership
Michael Saltzman
(Co-Founder & Co-CEO)Studied Engineering and Economics at Dartmouth, and obtained an MBA from Stanford. Co-founded Roomie Rentals while still a student, and then joined Bridgewater Associates as an Investment Associate, prior to co-founding EvolutionIQ in 2019.
Jonathan Lewin
(Co-Founder & Co-CEO)Studied History at Harvard. Jonathan co-founded eMeta and held senior leadership roles within corporate development and commerce at a range of companies, prior to co-founding EvolutionIQ in 2019.
Tomas Vykruta
(Co-Founder & President)Previously Developer Expert and Staff Engineer at Google and was a Flight Instructor at Blackwings Aviation.
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