Product Lead, Koop Technologies
$100-150k
Insurance technology company specializing in autonomous vehicle risks
Job no longer available
Insurance technology company specializing in autonomous vehicle risks
1-20 employees
Job no longer available
$100-150k
1-20 employees
Company mission
Koop Technology believe that autonomy will make our world significantly safer and more productive. Its mission is to enable that by providing autonomy insurance.
Role
Who you are
- Experience in product development at a tech company
- Experience in spearheading pioneering B2B SaaS products for emerging categories
- Experience in compliance automation, commercial insurance, or regulated industries products
- Familiarity with the software engineering lifecycle and ability to work with technical teams
- Demonstrated ability to interact with customers on beta launches, feedback sourcing, and product marketing with a deep understanding of customer needs and purchasing habits
- Solid understanding of the general B2B market structure and dynamics
- Strong knowledge of the product development craft and ability to reason from the first principles
- Ability to keep a sharp focus on the priority deliverables
- Founder mindset, great taste, tremendous work ethic, and excellent written/verbal skills
- At least 5 years of experience at a B2B SaaS, insurtech, or fintech company in a mid-to-senior-level product development role with a track record of successful product launches
- Bachelor’s/Master’s degree in Arts, Science, or related academic fields
- Excellent project or program management skills
- Excellent communication and written skills
- Coding skills are preferred but not required
What the job involves
- Take full ownership of the product vision and roadmap, from low-level frameworks and models to customer-facing features and experiences encompassing insurance, compliance, and security
- Design pioneering features curating the entire feature lifecycle from product documentation and engineering specifications to UX/UI and post-launch analytics
- Work with complex data sets to understand customer exposure and generate custom risk profiles that will aid insurance underwriting at scale
- Perform in-depth user research to identify user problems and create new features
- Collaborate with the go-to-market team on product marketing and develop product collateral
- Set KPIs for the Product team as well as hold all functions of the company accountable to meet the required milestones
- Learn the technicals of product implementation by working closely with the world-class engineering team
- Explore the applications of the latest machine learning technology in building the world’s smartest insurance platform
- Help structure innovative insurance products for a wide range of emerging risks
- Navigate complex regulatory environments of the compliance and insurance industries
- Work with cross-functional teams in Distribution, Insurance, Engineering, Operations, and Research
- Report to and work closely with the C-Suite of the company
- Be a subject matter expert and thought leader in the GRC (Governance, Risk Management, and Compliance), security, and insurance areas
- Represent Koop Technologies and own the emerging risks narratives
Our take
As driverless cars inch toward reality — experts predict it could be as little as a decade before they’re widely available — figuring out how to insure them remains an unsolved challenge. When no one is behind the wheel to insure, how do you evaluate vehicle risk?
Koop collects data from autonomous vehicle and robotics companies and uses it for insurance underwriting, cost of risk, and claims handling, enabling developers, operators, and insurers to make potentially more informed risk transfer and pricing decisions.
As insurers transition from evaluating human-centric risk to ‘machine-centric’ risk, Koop will attempt to build off-the-shelf tools and proprietary methodology to underwrite autonomy. That will mean utilizing alternative datasets and developing a novel risk scoring model to explain the distribution of unmanned risks.
The startup thus far has done a great deal of work establishing credibility in this new grey area. For the company to succeed however, it will need to do more than establish credibility, but deliver its product at the level of traditional insurers in a way that complements existing workflows. Its API-first approach suggests that they should have no problem doing so.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (1 round)
Aug 2021
$2.5m
SEED
Total funding: $2.5m
Company HQ
Downtown, Pittsburgh, PA
Leadership
Sergey Litvinenko
(CEO)Previously Quantitative Analyst at EA Markets. Before that, worked as a Research Associate at Credit Suisse.
Zak Gazizov
(CTO)Previously Senior Software Engineer at Uber. Also worked as a Software Engineer at Microsoft.
Kamron Khodjaev
(CCO)Previously COO at Propel. Also worked as Senior Associate for iNetworks, a capital fund.
Jim Duan
(Head of Operations)Previously Sales Administrator for Teck Resources. Account Manager for Universal Forest Products.
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