Product Owner, Descartes Underwriting
CDI
+ Bonus
More information about location
Parametric insurance against climate risk
Open for applications
Parametric insurance against climate risk
101-200 employees
Open for applications
+ Bonus
More information about location
101-200 employees
Company mission
To create a new generation of parametric solutions: fully transparent, customised to the client’s needs and providing swift claims payment.
Role
Who you are
- Completed a master’s degree from a leading Engineering school or/and Business school with a specialization in Data Analytics, Engineering sciences or/and Operations
- 2-3 years’ experience in a similar position or/and in project management with a technology or/and IT environment
- Previous experience in insurance is valued but not mandatory
- Good interpersonal skills & ability to work with different profiles
- Excellent communication and presentation skills, with the ability to convey complex technical information in a clear and compelling manner
- Familiarity with project management methodologies and technology development processes
- Fluent in French and English
- Eager to learn more about the insurance industry
- Results oriented, high energy, with the ability to work in a dynamic and multi-cultural environment
- Excellent team player with an entrepreneurial mindset and value of diversity
- Strong desire to learn and commitment to the organization’s mission
What the job involves
- As part of the Product & Program team, we're looking for an individual to take on the role of Product Owner, alongside other team members; serving as the bridge between stakeholders and the development team, ensuring alignment with business objectives and maximizing value delivery
- You understand and know our users: to be their voice, you exchange very regularly with them to detect and scope needs from operations, finance, underwriting, R&D, business development teams
- You define the project roadmap & manage backlog priorities for the development team
- You actively drive delivery by crafting User Stories, presenting them to developers, and rigorously monitoring and testing developments to ensure optimal value delivery to our user
- You guarantee smooth communication with users, tracking bug resolution and sharing a transparent product backlog
- You carry the product vision within Descartes: you have to communicate internally about your products, their evolutions and the vision they carry
Application process
- Step 1: HR Interview with our Talent Recruiter
- Step 2: In-person technical Interview
- Step 3: In-person team interview to meet our team and discover our offices (held remotely if you are abroad)
Our take
The corporate insurance market is undergoing a momentous shift driven by a changing climate, the growing impact of natural catastrophes, and a rise in emerging risks. Climate change has become a real risk to businesses - one Nature report, for example, found that the US alone could lose over $500 billion across 22 sectors if rising global temperature predictions materialise. The need for effective corporate insurance has never been higher.
Descartes Underwriting is looking to revolutionise how we approach insurance. Taking on one of the insurance industry’s traditional methods - catastrophe (CAT) risk modelling - Descartes is leveraging new data sources and fusing them with a host of AI algorithms. This provides what it describes as a “product offering which covers the full spectrum of natural catastrophes and emerging risk exposures.” Its AI-driven parametric insurance model is highly disruptive, and has proven highly successful - just a few years after its founding, Descartes had already become the leading InsurTech player worldwide.
Following major funding, Descartes is looking to scale up its approach to corporate and public entity risk exposures, growing its technology platform, expanding into new lines of business and targeting larger deals. With an existing client base spanning hundreds of corporations including a host of Fortune 500 companies, Descartes looks set for big things in the coming years.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Jan 2022
$120m
SERIES B
Sep 2020
$18.5m
SERIES A
Total funding: $140.6m
Company benefits
- Work in a rewarding and international environment
- Gain exposure to working with top management
- Continued learning and development (think annual seminars, training etc.)
- Frequent team events
- Work in a collaborative and professional environment
- Benefit from a hybrid way of working
Company values
- Think & build globally from the first iteration
Company HQ
Chaillot, Paris, France
Articles
Leadership
Tanguy Touffut
(CEO)Previously Global Head of Parametric Insurance at AXA Corporate Solutions, then CEO of AXA Global Parametrics.
Sebastien Piguet
(Chief Underwriting Officer)Previously Head of On-Demand Insurance Products at AXA Global Parametrics.
Kevin Dedieu
(Chief R&D Officer)Previously a Senior Consultant at MPG Partners. Also a visiting lecturer at École Polytechnique.
Salary benchmarks
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Diversity, Equity & Inclusion at Descartes Underwriting
- At Descartes Underwriting we value diversity across multiple dimensions – cultural, cognitive, leadership & experience. Our diverse multilingual and multicultural team is core to our value proposition, allowing us to think & build globally from the first iteration. We seek talents who will add additional analytical perspectives & insights
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