Product Manager, Pie Insurance
Insurance
$100-125k
Plus equity
More information about location
Small business insurance
Job no longer available
Small business insurance
201-500 employees
Job no longer available
$100-125k
Plus equity
More information about location
201-500 employees
Company mission
To make insurance less expensive, simpler, and more transparent for small business owners.
Role
Who you are
- Bachelor’s Degree or equivalent experience, with some college coursework required
- CPCU or CIC Certification preferred
- Minimum of 6 years of experience in underwriting or 3 years commercial lines product management experience
- Knowledgeable in commercial insurance product development and underwriting, commercial auto or worker’s compensation experience preferred
- Advanced data management and manipulation skills, particularly in Excel
- Strong analytical abilities to work on mission-critical and complex issues, requiring evaluation of intangible factors
- Decision-making skills and results-driven mindset that will enable you to thrive in an agile, high-growth environment
- Strong organizational and time management skills, capable of managing projects in ambiguous environments while meeting deadlines
- In-depth knowledge of commercial insurance regulatory compliance
- Understanding of various distribution channels (direct to business lines, independent agents), including process dynamics and economic metrics
- Exceptional interpersonal skills, with the ability to build rapport and collaborate effectively with individuals at all levels across the organization and with key external partners
What the job involves
- The Product Manager is responsible for supporting performance and strategy across assigned product lines, focusing on product management, underwriting improvements, regulatory compliance, and distribution with a data-driven approach to measure efficiency and profitability
- In this role, you’ll collaborate with the Pricing & Analytics team to establish competitive market rates, leverage industry tools for ongoing product enhancements, and partner with the Compliance and Legal team to align products with state-specific regulations
- Working with the Business Development, Technology, and Field Underwriting teams, you’ll support the development of systems and tools for a seamless customer and agent experience
- Your advanced analytical skills, data management expertise, and ability to build partnerships across departments will help drive Pie’s success
- This is an opportunity to contribute to delivering innovative, compliant, and profitable insurance solutions that meet evolving business needs
- Collaborate with the Pricing & Analytics team to establish competitive market rates and pricing structures
- Apply a systematic, data-driven approach to optimize underwriting automation and increase efficiency throughout the submission and policy lifecycle
- Leverage industry tools and resources to drive ongoing enhancement and growth within the product line
- Conduct research to identify growth opportunities in new or underserved markets
- Assess and adjust the underwriting appetite and insurance products to continually improve performance, profitability, and partner experience
- Collaborate with the Compliance and Legal teams to ensure that all filed and implemented insurance products, including forms, rules, and rating plans, meet state-specific requirements
- Partner with internal and external stakeholders to create and file new programs and coverage options with individual states
- Work with the Field Underwriting team to design and improve tools that support field underwriting activities
- Collaborate with the Technology team to advance and refine Pie’s systems for both internal and external users
- Support the continuous development of rating and policy management systems by working with Engineering and Product teams to create tools that meet business needs
- Manage the implementation of approved rate, rule, and form changes within the policy management system
Our take
Historically, it’s been extremely cumbersome to qualify, onboard and manage workers’ comp insurance, particularly for America’s small businesses which haven’t been prioritized by larger carriers. That’s left small businesses often stranded with expensive and low-quality coverage.
Pie Insurance is changing all that through its technology-first model. Using data and analytics to better comprehend risk and speed up the decision-making process, it reduces the time to make an underwriting decision to a few minutes. Facing only legacy competition in an industry ripe for disruption, Pie Insurance has enjoyed rapid growth and received significant investment funding from backers in the InsurTech space.
Having recently acquired a nationally licensed insurance company, Pie Insurance is now able to directly issue its own policies nationwide. Currently available in 38 states, it will be aiming to expand its operations into the remaining states and territories to provide insurance to small businesses across the entire USA.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Sep 2022
$315m
SERIES D
Mar 2021
$118m
SERIES C
Total funding: $620.3m
Company benefits
- Flexible work: Pie offers in-office, hybrid, and remote work options so you can create the work environment that's best for you
- Fully paid health care: Pie covers the health, vision, and dental premiums for full time employees and covers a percentage of premiums for spouses and children
- Equity and 401k: We think you should get a piece of the pie, so in addition to equity, Pie contributes to your retirement through a 401k
- Generous PTO: We want to make sure Pie-oneers have time to balance a rewarding work life and fulfilling personal life
- Parental leave: Pie knows your family is important, providing 100% compensation for the first three months of parental leave, as well as a generous return to work plan
- Caregiver leave: Pie offers caregiver leave so you have the time to dedicate to those who need your care
- HSA and Health FSA: Pie contributes $1,500 for individuals and $2,000 for family HSAs per year. Employees have the option to contribute to a Health FSA
- Dependent Care FSA: To help care for your dependents, Pie allows employees to set aside pre-tax dollars to be used for expenses like babysitters, daycare, summer camps, etc
- Pet insurance: Pie understands your pet is family and their care can be costly when they're not feeling well. The plans provide reimbursement for common needs like exams, vaccines, x-rays, prescriptions, and much more!
Company HQ
Union Station, Denver, CO
Leadership
Dax Craig
(Co-Founder & President)MD of 11x Holdings which invests in commercial and residential real estate. Also Co-founded Valen Analytics, a data and analytics provider for property and casualty insurance.
John Swigart
(Co-Founder & CEO)Previously CMO for RapidFinance. Also worked as CMO for Esurance, starting off as VP of Finance in 2000.
Salary benchmarks
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