AI/ML Product Manager, Next Insurance
$160-210k
Office located in Waltham, MA
Online-based insurance broker for SMBs
Posted today
Online-based insurance broker for SMBs
501-1000 employees
Posted today
$160-210k
Office located in Waltham, MA
501-1000 employees
Company mission
To build a simplified digital insurance experience that better serves small businesses.
Role
Who you are
- BA/BS degree required
- 2+ years of full-lifecycle product management experience, ideally managing data and machine learning driven software products from kick-off to ship
- Strong background in fintech, insurtech, or a similar industry, with a demonstrated ability to learn complex industry details
- Experience leading products that require coordination of many stakeholders and cross-functional teams
- Exceptional communication and collaboration skills, with a passion for customer-focused product development
- Fluency in data and ML tooling (ex: python, SQL, etc.)
- Deep understanding of database concepts, data structures, and modeling techniques
What the job involves
- We're inviting an accomplished and forward-thinking Product Manager, with expertise in AI and machine learning, to join our underwriting capabilities team
- This pivotal role will have you innovating and developing groundbreaking digital underwriting features in partnership with our insurance, data, engineering, and machine learning teams
- Generate an innovative direction for AI/ML-driven underwriting capabilities at NEXT
- Work closely with the ML team, engineering team and with other stakeholders across NEXT to develop a roadmap and solve the key pain points we face in knowing our customers and providing the right product at the right price
- Contribute to a clear vision of what your product should be in 12-18 months from now and communicate and deliver on the steps to get there
- Be accountable for your product’s success. Work with cross-functional peers to take action when you identify a need
- Propose OKRs for your product area, become deeply familiar with the KPIs and secondary metrics of your product, and identify trends before anyone else
- Design metrics and experiments that help our team think in new ways and drive results towards NEXT’s goals
- Coach others in using data and research and be comfortable discussing results with leadership
- Operate in a lean, agile and scrappy way. Gather your own data and research. Collaborate to build prototypes that help others see your vision for what is possible
Our take
Next Insurance serves small businesses by making it much simpler to take out an insurance policy without the headache associated with many providers. To begin trading any business needs to have some sort of insurance policy in place, traditional offerings can take weeks, often requiring tedious paperwork.
Next Insurance has opted to use AI, machine learning and transparent language to make the process much simpler, it can take just five to ten minutes for customers to obtain a package that suits them.
While Next Insurance is facing established insurance companies such as Hiscox and State Farm, its partnership with Amazon Business Prime to insure its members in a move to target traditionally underserved insurance customers and more recently with LegalZoom, to simplify the insurance process, as well as its nearly half a million customers has the company well set to remain major player in the space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2023
$265m
SERIES G
Mar 2021
$250m
SERIES E
Total funding: $1.1bn
Company benefits
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Paid maternity leave
- Paid paternity leave
Company HQ
Palo Alto, CA
Leadership
Alon Huri
(Co-founder)They spent 4 years as a System Architect before Software roles at Mercury, HP, and Check. They co-founded Next Insurance in March 2016 with Guy and Nissim.
Guy Goldstein
(CEO & Co-founder)After 7 years in the Israeli Air Force, they worked at Mercury Interactive for almost 8 years, as well as roles at HP and Check, which they co-founded in 2007. Left this role at Intuit in July 2015 to co-found Next Insurance 6 months later.
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