Palo Alto, California
Insurance Product Manager
Next Insurance is a fast-growing 300 person startup based in Silicon Valley and is led by a team of experienced entrepreneurs with a history of successful outcomes. Our mission is to transform insurance for small businesses by combining world-class technology and phenomenal customer service to offer better insurance at a lower price. Next has raised over $380 million from top tier investors and is the valley’s latest unicorn, valued at over $1 billion.
Next is well-positioned to become the leader in the $140 billion small business insurance market because we offer a 100% online experience that is tailored to unique business needs and we get customers insured in minutes - something no one else does. Despite the size of the market, the experience of buying small business insurance has not caught up with best practices instituted in other industries like banking, lending, and even personal lines insurance. There is still a lot of paper involved, purchasing a policy can take days or even weeks, and the coverage is so complex that it’s hard for entrepreneurs to understand what they are buying. We're here to change that. Our goal is to make insurance simple, affordable, and transparent for small businesses so they can stop worrying about insurance and focus on running their businesses.
We're looking for a talented, passionate Insurance Product Manager to join our team. This is a highly visible and highly cross-functional position with the primary goal of delivering best-in-class products to small businesses in multiple verticals. We believe that the insurance products available on the market today do not fit the needs of small businesses, and we are committed to leading the charge in rethinking small business insurance as we know it. If you get excited about understanding and redesigning pricing, love thinking about risk, and want to work on initiatives that will have a real impact on the industry and the customer - we’d love to talk to you!
Conduct market research, competitive benchmarking, and customer interviews to size growth opportunities to understand customer needs and inform feature roadmaps.
Break down large strategic growth questions into actionable, data-driven insights and communicate them effectively to align cross-functional teams and senior executives.
Develop business cases for blue-ocean, innovative new product lines, and develop MVPs.
Partner closely with internal teams (Marketing, Operations, Technical Product, Engineering, Data Science, Analytics, Claims, and Legal) and external (consultants, outside counsel, data vendors, reinsurers, partnerships) to optimize for the customer’s cross-product needs and experience.
Desired Skills and Experience:
BA/BS degree from a top university.
1-3 years of management consulting, investment banking, startup, or fintech experience.
Customer obsessed, passionate about making great products that serve and empower.
Proven experience with data-driven problem-solving and structured decision making.
Highly organized, can handle multiple projects at once and progress on all fronts.
Ability to self-direct workflows and comfortable with ambiguity.
Experience working with and presenting to senior leadership.