Avatar for Clearcover

A smarter choice for car insurance. Better coverage for less money,

Insurance Product Director (State P&L Operations)

$140k – $200k AngelList Est.
Apply now

Who’s Clearcover?

Clearcover is the smarter car insurance company. We use powerful technology to offer everyday drivers better coverage for less money. We’re proud to be one of the fastest growing startups in Chicago, and we’re currently looking to add a few more extraordinary people to our team.

What is the Insurance Product Director/AVP at Clearcover?

We are seeking an Insurance Product Management leader to provide countrywide management of our core lines of businesses and advance Clearcover’s growth and profit objectives. In this role you will be accountable for designing and managing personal lines insurance products at a national level. You will collaborate with product and technology teams to develop, implement and monitor insurance products, strategies, and systems that balance and optimize growth, profitability and operating costs.

About the role

The Insurance Product Director/AVP is a key member of the Insurance Organization (reporting directly to the Head of Insurance). This role will:

  • Help us build an insurance product organization that is willing to think about operations and output from first principles.
  • Help create insurance product strategy, drive rapid insurance product development and support all state expansion efforts.
  • Share overall P&L responsibility; develop insurance business/product strategies to maximize value creation through sustainable growth and high-quality customer experiences.
  • Analyze and monitor insurance product performance to make data-based decisions regarding underwriting, coverage, and pricing to drive continuous improvement.
  • Act as a product line expert and maintain a thorough knowledge of product features and benefits, as well as industry product trends; provide product expertise to various internal areas, including product, engineering, growth, and claims.
  • Foster competitive intelligence through monitoring of competitor pricing and product activities.
  • Monitor compliance issues at the state level and frequently collaborate with internal legal functions on critical audits/exams; with a significant influence on the outcome of the audit / exam resolutions.
  • Build relationships with key insurance departments and legislators to facilitate approvals.
  • Engage and explore external vendors for products and services that will enhance our current offerings.
  • Manage/mentor/develop analysts and product managers.

Core competencies

  • 5-10 years progressively more responsible work experience in insurance product management or a related field.
  • Bachelor’s Degree required.
  • Solid organizational skills and ability to balance multiple priorities in a dynamic environment.
  • Direct experience applying customer lifetime value concepts to pricing and profitability decisions.
  • Exceptional analytical, quantitative, and problem-solving skills with a deep intellectual curiosity and an ability to make data-based decisions.
  • Must be able to lead through influence, rather than authority only. Also must be a team player and able to operate as a “player-coach.”
  • Personal lines experience strongly preferred
  • A passion for learning and improvement

What's in it for you?

  • Unlimited vacation (we hire adults)
  • Equity for all employees, so you own a piece of the pie, too
  • Dental and Vision, we've got you covered 100%
  • Medical, we cover 90% of your premium, 75% of your dependents and contribute to your HSA and HRA (cha-ching)
  • We invest in your future by contributing 3% of your salary to a 401(k) — even if you don't
  • Come to work pre-taxed through our FSA commuter benefits
  • and yes, we have unlimited LaCroix, beer, snacks and the occasional ice cream social

Clearcover at a glance

A smarter choice for car insurance. Better coverage for less money,

Clearcover focuses on Financial Services, Artificial Intelligence, Insurance, Software, and Insurtech. Their company has offices in Chicago. They have a mid-size team that's between 51-200 employees. To date, Clearcover has raised $104.5M of funding; their latest round was closed on January 2020.

You can view their website at http://www.clearcover.com or find them on Twitter, Facebook, and LinkedIn.

More jobs at Clearcover

View all jobs

Product Manager - Payment Experience

Sr. Growth Product Manager

Director of Product Management

Sr. Product Manager

Insurance Product Manager

Cloud Engineer

Similar jobs to Insurance Product Director (State P&L Operations) at Clearcover

Avatar for Hindex
Changing Public Record Data Delivery
Avatar for PINumbers
Web-Based and Mobile App Skills Games, Renewable Energy Advocacy & Education
Avatar for Americaneagle.com
A global digital agency specializing in website design, development and hosting
Avatar for Springcm
At the intersection of company momentum & productivity
Avatar for RecommendMe
RecommendMe is your place to save/share favorites with friends for restaurants and more
Avatar for Clearcover
A smarter choice for car insurance. Better coverage for less money,
Avatar for Everest
We design, build and launch digital products that give companies a competitive advantage
Avatar for Klover
Leveling the financial playing field by leveraging your most valuable asset, your data