Operations Manager, Honeycomb
+ Stock Options
More information about location
2-3 days a week in office
Computer vision & AI-powered real estate insurance
Be an early applicant
Computer vision & AI-powered real estate insurance
21-100 employees
Be an early applicant
+ Stock Options
More information about location
2-3 days a week in office
21-100 employees
Company mission
To bring simplicity and transparency to real estate insurance.
Role
Who you are
- Bachelor’s degree in Business Administration, Operations Management, or related field (MBA preferred)
- 5+ years of experience in consulting, operations management, underwriting operations, or strategic initiatives, preferably in an InsureTech, tech, Insurance technology department, or financial services environment
- Strong experience managing cross-functional teams and driving projects that deliver tangible business results
- Strong in data analysis and using analytics tools (Excel, Tableau, SQL, etc.) to inform decisions
- Excellent communication and presentation skills, with the ability to influence and collaborate with senior leadership and teams
- Proven ability to autonomously manage complex projects with multiple stakeholders and tight deadlines
- Knowledge of insurance industry trends and regulatory environment is a plus
- Ability to express and consider diverse opinions
- Passion for acquiring, applying, and sharing knowledge
- Ideally based in Chicago and excited about working hybrid from the office 2 - 3 days a week
- Willingness to travel as necessary (up to 20%)
What the job involves
- As Honeycomb’s Operations Manager, you will play a pivotal role in driving cross-functional projects aimed at achieving impactful business outcomes
- Reporting to the VP of Business Operations, you will collaborate closely with teams across Underwriting, Marketing, Sales, RevOps, Support, Product, and R&D
- Your impact will be measured by how well you lead initiatives, design and optimize processes, improve efficiencies, and ensure operational alignment with the company's overall strategic goals
- Drive critical cross-functional initiatives autonomously with input from various teams and leaders across Honeycomb
- Manage all aspects of your key initiatives including analyses, business case development, strategic and tactical planning, execution, reporting, enablement, and impact tracking
- Identify areas for operational improvement across various functions and propose data-driven solutions to streamline processes and increase efficiency
- Recommend and implement various operational AI-based solutions to drive scale across various operational teams
- Document and implement updated processes, dataflows, operational workflows, and operational tools that contribute to better operational performance and scalability
- Conduct analysis on critical KPIs to understand end to end metrics
- Leverage data analytics to recommend various improvement areas, with company’s strategic goals (OKRs) in mind
- Work closely with BI and RevOps teams to build operational dashboards in Tableau to manage processes and business outcomes
- Partner with senior leadership to define and prioritize strategic initiatives that drive measurable business results
- Lead and manage cross-functional strategic initiatives, ensuring alignment with business objectives and timelines
- Provide regular updates to leadership and cross-functional teams on project status, risks, and outcomes
- Prepare reports and presentations on key performance indicators (KPIs), project progress, and results
- Drive the execution of process changes and new initiatives across the company, including adoption reporting and impact tracking
- Provide enablement and training to internal teams to help them navigate new processes and systems
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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