Lead Product Manager, EvolutionIQ

$200-220k

+ Equity plan

Senior and Expert level
New York

More information about location

3+ days a week in office

EvolutionIQ

AI for insurance carriers

Be an early applicant

EvolutionIQ

AI for insurance carriers

101-200 employees

B2BArtificial IntelligenceInsuranceAnalyticsMachine LearningSaaS

Be an early applicant

$200-220k

+ Equity plan

Senior and Expert level
New York

More information about location

3+ days a week in office

101-200 employees

B2BArtificial IntelligenceInsuranceAnalyticsMachine LearningSaaS

Company mission

To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.

Role

Who you are

  • An enterprise software product expert, ideally with six (6+) plus years working in a team environment building world class products
  • You have experience conducting market research and assessing competition, and also are a leader who interacts frequently with both internal and external stakeholders to drive delivery
  • You are looking for a role where you can be highly impactful and can work directly with leadership to build AI products that are making an impact
  • You love innovation and are always driving toward launch and delivery thanks to your high degree of ownership and control
  • Ambiguity isn’t a challenge, but rather a chance for you to define and narrow a problem space independently
  • You’re supercharged by having interesting, unsolved problems continually present themselves
  • Ideally 6+ years of working in a high production environment in preferably the B2B SaaS space
  • Exudes our ambitious, collaborative, and empathetic values
  • Is a pioneer that identifies new decisions to bring under management, is able to execute an initial sale and delivery as well as enable our GTM strategy to repeat and scale
  • Demonstrates the ability to effectively communicate through written and verbal communication
  • Has demonstrated success defining and launching excellent products
  • Has a self-starter mentality with an eagerness to solve previously unsolved problems
  • Has experience with data-driven and/or machine learning products
  • Can effectively correspond between technical and non-technical audiences
  • Open to giving and receiving critical feedback and collaborating effectively across teams

What the job involves

  • Manage new products through their lifecycle
  • Prioritize product and customer requirements
  • Define the product vision
  • Execute delivery on winning products

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Insights

Top investors

111% employee growth in 12 months

Company

Company benefits

  • Premium Medical Insurance Plan – Empire Blue Cross Blue Shield Medical insurance
  • 401K with employer matching
  • Dental Coverage – Principal Financial
  • Life insurance / ACDC coverage – Reliance Standard
  • Vision – Reliance Standard
  • Short Term and Long Term Disability – Unum
  • Employee stock option plan
  • $500 to get you started setting up your home office and $200 every year for upgrades after that

Funding (last 2 of 5 rounds)

Aug 2024

$20.2m

LATE VC

Jun 2023

$10.3m

LATE VC

Total funding: $60.4m

Our take

EvolutionIQ is a data-driven claim guidance platform for insurance providers. Its products combine structured and unstructured claim data with external third party data to provide powerful claim guidance, in an attempt to modernize the claims operations process.

The company's offering is certainly an attractive one for businesses handling large volumes of these claims - the solutions aim to help insurance providers detect and prevent fraud without impacting their productivity and customer experience. Historically, the insurance industry has had access to vast amounts of data without optimizing how they use it. EvolutionIQ's machine learning algorithms harness the learnings from every data point, allowing for much more well-informed, actionable insights.

Competition is steep among AI insurance firms, and EvolutionIQ counts rivals such as CCC Intelligent Solutions and Riskcovry in this space. However, the market size is huge and ripe for disruption. With a valuation of more than $200 million following a successful VC funding round, EvolutionIQ is focused on the further development of its product and international expansion as it hopes to capture a larger slice of this $10 billion market.

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Freddie

Company Specialist at Welcome to the Jungle