Project Manager, Descartes Underwriting
Innovation & Data, CDI
+ Bonus
Office located in Rue de Courcelles, Paris
Parametric insurance against climate risk
Posted today
Parametric insurance against climate risk
101-200 employees
Posted today
+ Bonus
Office located in Rue de Courcelles, Paris
101-200 employees
Company mission
To create a new generation of parametric solutions: fully transparent, customised to the client’s needs and providing swift claims payment.
Role
Who you are
- Graduated from an Engineering School or equivalent (e.g. general, mechanical, civil, etc.) with a specialization in business
- From 0 to 2 years of experience (internships or/and apprentice) in business and/or data related
- A previous experience in insurance and/or data is valued
- Rigorous, team spirit, strategic and structured thinker
- Excellent communication skills to be able to share expectations and business needs of the company
- Ability to synthesize complex or technical topics to non-technical audiences
- Fluency in English and French is required (oral and written)
- Eager to learn more about the data and insurance industry
- Results oriented, high energy, with the ability to work in a dynamic and multi-cultural environment
- Excellent team player with an entrepreneurial mindset and value of diversity
- Strong desire to learn and commitment to the organization’s mission
What the job involves
- As part of our strong growth, we are looking for a Project Manager to reinforce the
- Innovation & Data team in the R&D department (2 people)
- You will report to the Chief of Staff of the Chief Scientific Officer, responsible for
- Overseeing transversal activities of Descartes Insurance and managing the Data &
- In order to support the improvement of our current risk modeling capabilities and our
- Product offering, we handle a vast portfolio of data coming from diverse sources
- Such as satellite, meteorological stations, IoT sensors and radar
- Understand the technical, business and legal aspects related to our insurance products including wording, risk models, data used or claims evaluation
- Participate to contractual and commercial discussions with our external partners (radar, satellite, weather stations, etc.) used in pricing and claims
- Support the team when needed in the installation process of IoT sensors across regions, ensuring a smooth client and partner experience
- Contribute to the innovation roadmap in coordination with other teams
- Assess the market-fit of our current products, anticipate technological developments, and seek new partners to further strengthen our offering
- Participate in our technology and innovation watch to help Descartes remain at the forefront of the industry
- Contribute to Descartes Insurance’s governance and regulatory topics
- Own the relationship with external partners specific to Descartes Insurance
- Coordinate regulatory deliverables throughout the year between teams
- Help with the agenda, content, and follow-up of committee actions
- Assist the Chief of Staff in cross-functional and strategic initiatives
- Collaborate with R&D, underwriting, software, reinsurance and commercial teams to understand needs and surface new ideas
- Help improve data quality and structure within the teams
- Define and maintain internal data standards
- Lead continuous improvement efforts: deploy tools, optimize processes, and enhance team efficiency
Application process
- Step 1: HR Interview with our Talent Recruiter
- Step 2: Remote interview with the manager
- Step 3: In person technical interview
- Step 4: In person final round interview to meet the team and discover our offices
Our take
The corporate insurance market is undergoing a momentous shift driven by a changing climate, the growing impact of natural catastrophes, and a rise in emerging risks. Climate change has become a real risk to businesses - one Nature report, for example, found that the US alone could lose over $500 billion across 22 sectors if rising global temperature predictions materialise. The need for effective corporate insurance has never been higher.
Descartes Underwriting is looking to revolutionise how we approach insurance. Taking on one of the insurance industry’s traditional methods - catastrophe (CAT) risk modelling - Descartes is leveraging new data sources and fusing them with a host of AI algorithms. This provides what it describes as a “product offering which covers the full spectrum of natural catastrophes and emerging risk exposures.” Its AI-driven parametric insurance model is highly disruptive, and has proven highly successful - just a few years after its founding, Descartes had already become the leading InsurTech player worldwide.
Following major funding, Descartes is looking to scale up its approach to corporate and public entity risk exposures, growing its technology platform, expanding into new lines of business and targeting larger deals. With an existing client base spanning hundreds of corporations including a host of Fortune 500 companies, Descartes looks set for big things in the coming years.
Freddie
Company Specialist at Welcome to the Jungle
Insights
56% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Jan 2022
$120m
SERIES B
Sep 2020
$18.5m
SERIES A
Total funding: $140.9m
Company benefits
- Work in a rewarding and international environment
- Gain exposure to working with top management
- Continued learning and development (think annual seminars, training etc.)
- Frequent team events
- Work in a collaborative and professional environment
- Benefit from a hybrid way of working
Company HQ
Chaillot, Paris, France
Leadership
Tanguy Touffut
(CEO)Previously Global Head of Parametric Insurance at AXA Corporate Solutions, then CEO of AXA Global Parametrics.
Sebastien Piguet
(Chief Underwriting Officer)Previously Head of On-Demand Insurance Products at AXA Global Parametrics.
Kevin Dedieu
(Chief R&D Officer)Previously a Senior Consultant at MPG Partners. Also a visiting lecturer at École Polytechnique.
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