Vice President of Data Analytics, EvolutionIQ
$240-275k
+ Equity
More information about location
AI for insurance carriers
Job no longer available
AI for insurance carriers
101-200 employees
Job no longer available
$240-275k
+ Equity
More information about location
101-200 employees
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
- 10+ years of data analysis/quantitative experience, preferably in a technology or software development environment
- 3+ years directly managing a team of Data Scientists/Analyst (or similar) that has provided key analysis and insights to the business
- Sophisticated knowledge of statistics, linear & non-parametric modeling, and advanced SQL engineering experience
- Designed, implemented, and analyzed A/B or multi-arm experiments with clear recommendations for product direction & development
- Proficient in the use of Python, pandas, Jupyter notebooks, and SQL-based analytics dashboards (e.g., Google’s DataStudio / Looker or Tableau), and familiarity with standard statistical packages and visualization tools in Python
- Excellent communication, storytelling, and presentation skills
- Proven understanding of Product and Business analytics, fundamentals, and processes
- Proven ability to synthesize data insights into actionable recommendations
- Proven ability to handle large datasets via SQL and/or map-reduce analytics and data aggregation as needed
- Master's degree or higher in statistics or related quantitative fields is highly preferred
What the job involves
- As the VP of Data Analytics you will launch and build out the Data Science & Insights (DSI) team which will drive EvolutionIQ’s strategic evolution, ensuring that data-driven insights lead to the prioritization of high-value projects and operations
- Acting as the company's analytical conscience, this team will evaluate project viability and potential based on rigorous data analysis, historical performance, and high ROI potential
- Build and manage the DSI team an internal CoE which will provide data-driven insights to leadership and stakeholders for a wide range of areas
- The effectiveness and outcomes this team will deliver include but are not limited to the following: Influence on Project Prioritization, Accuracy of Historical Insights, ROI Measurement Accuracy, and Impact of Experimental Insights
- Through in depth data analysis, provide accurate and defendable ROI measurement & attribution, which underpin the integrity of our insights and recommendations
- Present results to internal stakeholders as well as our clients in the insurance industry
- Build, own, and standardize client-facing analysis and reporting on existing products across multiple clients and ROI dimensions
- Ensure the team builds high quality, reproducible and reusable analytics
- Continue to grow and learn in the data & analytics space, focusing on business problems that require making sense of large-scale structured and unstructured datasets
- Oversee the integration of cross-organizational projects, drive improvements and recommendations, and define operational goals and objectives
- Provide direction and accomplish results for business leaders through solving hard measurement problems that impact business bottom line
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.
Freddie
Company Specialist at Welcome to the Jungle
Insights
111% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2024
$20.2m
LATE VC
Jun 2023
$10.3m
LATE VC
Total funding: $60.4m
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
Company HQ
Flatiron District, New York, NY
Leadership
Tomas Vykruta
(CEO)Has founded a number of companies including Electrolab Inc, and was a Senior Software Development Engineer at Microsoft ATG. Joined Waymo's Machine Learning wing, and then worked as a Staff Engineer at Google. Is currently one of Google's Developer Experts.
Michael Saltzman
(COO)Studied Engineering and Economics at Dartmouth, and obtained an MBA from Stanford. Co-founded Roomie Rentals while still a student, and then joined Bridgewater Associates as an Investment Associate.
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