Openly · 1 day ago
Senior Director CW Insurance Product (Remote, US)
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Responsibilities
Formulate and execute a comprehensive product strategy aligned with market trends and company objectives. Lead the end-to-end development process for new insurance product features, from concept to launch.
Spearhead high-impact projects that drive business growth, improve operational efficiency, and enhance customer experience. Collaborate with cross-functional teams to ensure successful implementation.
Oversee the insurance product analytics team in leveraging advanced data analysis techniques to inform product decisions and risk assessment models. Translate complex data into actionable business insights.
Ensure all insurance products and processes adhere to evolving regulatory requirements across different jurisdictions. Stay abreast of industry regulations and implement necessary changes proactively.
Direct the development and maintenance of comprehensive, clear, and legally sound coverage forms and policy documentation. Ensure all materials effectively communicate terms, conditions, and benefits to policyholders.
Manage and mentor a diverse team of product managers, analysts, and specialists. Foster a culture of innovation, collaboration, and continuous improvement.
Build and maintain strong relationships with internal stakeholders (e.g., sales, marketing, claims) and external partners (e.g., reinsurers, regulators) to ensure alignment and support for product initiatives.
Qualification
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Required
12+ years of progressive experience in insurance product development and management
A minimum of 5 years in a leadership role managing teams larger than 5-10 people and experience leading people managers
Master's degree in Business Administration, Finance, Insurance, or related field; MBA strongly preferred
Advanced analytical and problem-solving capabilities, with a data-driven approach to decision-making
Excellent leadership skills with experience managing and scaling high-performing teams
Outstanding communication and interpersonal skills, with the ability to influence at all levels of the organization
Strategic thinking with a proven ability to drive transformational change
Proven track record of successfully developing and launching innovative insurance products
Deep understanding of insurance industry trends, emerging technologies, and regulatory landscape
Strong business acumen with the ability to balance product innovation with profitability
Benefits
Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
Competitive Salary & Equity
Comprehensive Medical, Dental, and Vision Plan Offerings
Life and disability coverage including voluntary options
Competitive PTO - 20 days and 11 paid holidays (including floating holidays) per year under the Company’s vacation and holiday policies.
Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
(Birthing parents may be eligible for additional leave through STD)
401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
Be Well Program - Employees receive $50 per month to use towards your overall well-being
Paid Volunteer Service Hours
Referral Program and Reward
Company
Openly
Openly is an insurance company that offers home insurance, life, and auto insurance services.
Funding
Current Stage
Late StageTotal Funding
$237.87MKey Investors
Eden Global PartnersAdvance Venture PartnersObvious Ventures
2023-09-21Series D· $100M
2022-06-21Series C· $75M
2020-12-17Series B· $40M
Recent News
Eden Global Partners
2024-12-02
Coverager - Insurance news and insights
2024-04-28
2024-01-19
Company data provided by crunchbase