Product Manager, Next Insurance
$219-260k
Office located in Palo Alto, CA
Online-based insurance broker for SMBs
Be an early applicant
Online-based insurance broker for SMBs
501-1000 employees
Be an early applicant
$219-260k
Office located in Palo Alto, CA
501-1000 employees
Company mission
To build a simplified digital insurance experience that better serves small businesses.
Role
Who you are
- We are looking for an experienced product leader passionate about customer success and leveraging technologies like AI and machine learning
- If you thrive in a fast-paced environment, enjoy working with small businesses, and are interested in applying AI to a massive industry, this opportunity is for you
- BA/BS degree required
- 6+ years of product management experience
- Proven success in leading cross-functional teams and complex projects
- Strong analytical skills and data-driven decision-making
- Great executive communication skills
- Passion for serving small businesses and their insurance needs
What the job involves
- Next Insurance seeks a strategic Product Manager to lead growth and AI-powered underwriting for key customer segments: Construction, Food & Beverage, or Professional Services
- This role focuses on driving segment-specific innovation and expansion
- As a Product Manager for a priority customer segment, you will define the product vision, strategy, and roadmap for growth and AI-driven underwriting within that segment
- You will drive customer acquisition, retention, and satisfaction while utilizing AI to enhance underwriting. Collaboration with various teams is crucial for successful product delivery
- Develop and execute a product strategy to drive growth within a specific customer segment (Construction, Food & Beverage, or Professional Services)
- Lead the integration of AI models into the underwriting and onboarding process
- Engage with customers in your segment to understand their needs and translate them into product requirements
- Analyze customer and operational data to identify growth opportunities and process improvements
- Define and track key performance indicators (KPIs)
- Collaborate with design, customer service, engineering, data science, machine learning, and sales teams
- Foster innovation and rapid iteration
- Hypothesize, build, measure, and learn to inform product direction
Our take
Next Insurance serves small businesses by making it much simpler to take out an insurance policy without the headache associated with many providers. To begin trading any business needs to have some sort of insurance policy in place, traditional offerings can take weeks, often requiring tedious paperwork.
Next Insurance has opted to use AI, machine learning and transparent language to make the process much simpler, it can take just five to ten minutes for customers to obtain a package that suits them.
While Next Insurance is facing established insurance companies such as Hiscox and State Farm, its partnership with Amazon Business Prime to insure its members in a move to target traditionally underserved insurance customers and more recently with LegalZoom, to simplify the insurance process, as well as its nearly half a million customers has the company well set to remain major player in the space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2023
$265m
SERIES G
Mar 2021
$250m
SERIES E
Total funding: $1.1bn
Company benefits
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Paid maternity leave
- Paid paternity leave
Company HQ
Palo Alto, CA
Leadership
Alon Huri
(Co-founder)They spent 4 years as a System Architect before Software roles at Mercury, HP, and Check. They co-founded Next Insurance in March 2016 with Guy and Nissim.
Guy Goldstein
(CEO & Co-founder)After 7 years in the Israeli Air Force, they worked at Mercury Interactive for almost 8 years, as well as roles at HP and Check, which they co-founded in 2007. Left this role at Intuit in July 2015 to co-found Next Insurance 6 months later.
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