Corporate Technology Engineer, Diesta Limited
£55-75k
Offers Equity
2+ days a week in office (London Bridge / Monument Station)
Next-generation payment processor for the insurance industry
Open for applications
Next-generation payment processor for the insurance industry
21-100 employees
Open for applications
£55-75k
Offers Equity
2+ days a week in office (London Bridge / Monument Station)
21-100 employees
Company mission
Our mission is to reduce the time spent on insurance payment processing to zero.
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Company mission
Our mission is to reduce the time spent on insurance payment processing to zero.
Our take
The insurance industry has a payments problem. Because claims processing is customer-facing, there has been heavy investment in improving outgoing payments, while the side of the business that collects premium payments from customers has not benefited from digitisation. What's left is a fragmented chain of manual process and legacy systems, reducing efficiency and introducing a lot of unecessary work. Diesta hopes to improve this situation with a payment processor made for the insurance industry.
The insurance industry is valued at £70 billion, and there is significant competition in this field from startups such as Imburse, as well as older firms like Blink and Computop. However, Diesta's founders have strong experience in the insurance industry and have identified a need for a processor that will integrate easily with a company's existing systems rather than outsourcing or replacing them. Their experience and passion will likely enable Diesta to make significant headway in this market.
Diesta secured seed round funding in 2024, which is being used to develop its software's capabilities and improve its integration with existing insurance systems. It's also investing in talent to make this possible.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 22 Days paid leave (excl. public holidays)
- Nest pension (3% employer contribution)
- Fully flexible working hours
- We match any charitable donations (up to £150 p.e. p.a.)
- Personal development allowance
Funding (last 2 of 3 rounds)
Oct 2024
$3.8m
SEED
Nov 2023
$2m
SEED
Total funding: $6m
This company has top investors
Leadership
Julian Schoemig
(Co-Founder & CEO)Before co-founding Diesta was an Underwriter and Strategy Analyst and Munich Re.
Chris Davis
(Co-Founder & CTO)Previously founded Appetite, and Conclude.
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