Strategy Manager, UnderwriteMe

Salary not provided
Mid level
London

1+ day a week in office

UnderwriteMe

Building software products for the life insurance market

Open for applications

UnderwriteMe

Building software products for the life insurance market

101-200 employees

FintechB2BMachine LearningSaaSProduct

Open for applications

Salary not provided
Mid level
London

1+ day a week in office

101-200 employees

FintechB2BMachine LearningSaaSProduct

Company mission

Using tech to ensure everyone who wants life insurance can access it.

Role

Who you are

  • This role requires a deep understanding of both sales and product management, as well as the ability to lead cross-functional teams and drive organisational change
  • Bachelor's degree in Business, Marketing, or a related field; MBA or advanced degree preferred
  • Experience in management consulting, corporate strategy and/or financial services / insurance; Fintech or Insurtech experience is a plus
  • Demonstrated ability to lead cross-functional teams and drive organisational change
  • Good understanding of product management principles and practices
  • Strong problem-solving skills: Ability to break down organisation-level issues into manageable components
  • Highly analytical with strong attention to detail; Experience analysing and interpreting data to generate valuable insights for businesses
  • Excellent written and oral communication skills at an Executive and Board level – able to lead, structure, collaborate on and write compelling materials
  • A proactive and self-starting mindset with a bias for action

What the job involves

  • The Decision Platform is our B2B Enterprise Software product that aims to help insurers optimise their underwriting and claims process and realise that future of underwriting & claims
  • The Protection Platform is our B2B SaaS marketplace for financial advisers and brokers that we believe is the future of distribution
  • The Strategy Manager will play a crucial role in shaping and executing our strategic initiatives as we shift to a product-led operating model
  • Contribute to the development of overall strategy for the business and coordinate strategic planning and review
  • Implement strategic plans to support the transition to a product-led operating model
  • Communicate strategic plans and progress to senior leadership and stakeholders, ensuring alignment and buy-in
  • Conduct market research, identify and monitor industry trends and competitive analysis
  • Monitor and analyse key performance indicators to measure the success of strategic initiatives
  • Lead regular performance reporting and communications, including customer journey and commercial performance
  • Prepare materials for board-level reporting and external communications
  • Collaborate with product, sales, marketing, and engineering teams to align strategies and ensure cohesive execution
  • Develop close working relationships with key business functions to bring together data and insight
  • Team Leadership: Lead and mentor a team of strategy analysts and interns, fostering a culture of innovation and continuous improvement

Salary benchmarks

Our take

UnderwriteMe was founded in 2012 to shake up the UK insurance sector. At the time, life insurance underwriting was an inefficient process typified by a fractured market, slow processes, and non-standardised evidence. UnderwriteMe released its Underwriting Engine which untangled and greatly accelerated the process, allowing it to grow to become the leading provider of insurance tech products across Europe, Asia, and North America.

As a tech-first company, UnderwriteMe has continued to develop its product, innovating to remain at the forefront of the insurance tech sector. It has moved into AI, with its Text Mining Lab that uses natural language processing to read unstructured medical reports and automatically convert them into usable data. It has also formed major strategic partnerships to improve the product, one example being with United Healthcare Group, allowing medical screening requests to be sent electronically. This further shortens the underwriting decision-making process for users of the platform.

Its focus on innovation and strategic partnerships has yielded success, generating significant buzz in the insurance sector and more than 50% year-on-year growth. Moving ahead it will continue to develop its product, doubling down on AI-augmented decision-making tools to further increase the efficiency of the underwriting process.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Some candidates hear
back within 2 weeks

19% employee growth in 12 months

Company

Employee endorsements

Career progression

"Still being fairly small (150 people) and scaling means people can make an impact and be involved in projects, uncover new opportunities and..."

Company benefits

  • Life Assurance - The Company provides a lump sum benefit payment, 9x salary
  • Group Income Protection - The aim is to provide an income to employees if they are unable to work long-term, as a result of an illness or injury. 75% of basic salary
  • Private Medical Insurance - Provided for all employees via Bupa Healthcare
  • Stakeholder Pension Scheme - Up to 15%. The Company offers a group stakeholder pension to aid employees in planning for their future
  • Money towards remote setup - £350 for you to be set up and comfortable working remotely
  • Employee Assistance Programme - Providing employees with third-party advice on a variety of topics including mental health
  • Subsidised Gym Membership - The company subsidises memberships to any gym of employees' choice
  • Enhanced Maternity and Paternity scheme
  • Bonus Scheme - based on individual and company performance
  • 30 days a year working remotely - The opportunity to work abroad or from your home country (for those who may have moved country). This can be broken up through the year
  • 24/7 GP Consultation - Through the Employee Assistance Programme, WeCare, employees and their families have access to a UK-based GP anytime it's needed
  • Cycle 2 Work Scheme - Enables employees to purchase cycling equipment tax-free by paying for it in installments through salary sacrifice deductions
  • 25 days holiday plus company closure for wellbeing days (4x extra days off in 2023)

Company values

  • Ethical & Trustworthy: We always do the right thing, even if it’s hard – by our people, our clients and our community
  • Brave: We start with the problem, not the solution – we experiment and innovate. We seek and welcome feedback – it’s how we grow
  • Resilient: Wellbeing comes first – we look out for and after each other. We fail together, we learn together, we succeed together
  • Accountable: We focus on impact over activity. We measure what matters – we measure the right thing, not everything
  • Inclusive & Collaborative: We help each other solve problems – good ideas can come from anyone and anywhere. Everyone can be themselves and is valued here

Company HQ

St Katharine's & Wapping, London, UK

Leadership

James Tait

(CEO, not founder)

Was a Non-Executive Director at UnderwriteMe before stepping up to the CEO position in 2020. Before that was Head of Protection, Europe for UnderwriteMe's parent company, Pacific Life Re.

Diversity, Equity & Inclusion at UnderwriteMe

Nana (Gyasi)

  • Fostering cultural awareness in our organisation
  • Enhancing the diversity within our Underwrite Me team
  • Reviving our learning curriculum to enhance DE&I knowledge
  • Building on our existing affinity groups and DE&I initiatives
  • Optimising our hiring practices and removing bias

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