The Company
Cover Genius is a Series E insurtech that protects the global customers of the worldâs largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. Weâre also available at Amazon, Flipkart, eBay, Wayfair and SE Asiaâs largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular âCG Givesâ which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
About the Role
Cover Genius is seeking an Insurance Product Manager to join our insurance product team in developing and sourcing new products, and maintaining and enhancing existing products.
Cover Genius Insurance Product Managers are the resident experts across insurance product lines and the go-to resource for coverage analysis and innovation, pricing, and regulations. You will be responsible for all aspects of products sourced and developed within our operations including developing and communicating product line strategies, and supporting the partnerships team in providing product solutions in order to meet partner demands and increase market penetration.
You will also take ownership of relationships with new and existing insurers, fostering meaningful dialogue and steering strategic conversations to achieve business outcomes.
This role will be based in our Sydney office and is a hybrid working role. What does hybrid mean here at Cover Genius? this means Monday, Tuesday and Friday collaboration in office. There is plenty of flexibility with the added benefit of one wellness day a month available.
What will your day look like? You will be responsible for ...
Development of new general and life insurance products across various business verticals and supporting the partnerships team with customer-centric solutions
Establishing and nurturing strong, collaborative partnerships with new and existing insurers to drive mutual growth and success
Lead end-to-end partner launches from a product perspective, from product development and supply sourcing to overseeing seamless integration efforts, ensuring successful go-to-market execution
Day to day management existing product portfolios, including reporting and improvements to underwriting, product and policy wording
General management of and guiding of underwriting efforts and policy requirements/issues including supply side partner management
Weekly and monthly general reporting including presenting commentary at meetings as needed
Managing day-to-day product requirements with underwriters, including content reviews, coverage requests and pricing
Monitoring of regulatory developments across product lines
Work closely with the partnership team on developing new partnerships and preparing proposals and financial modeling
Produce reports and analyze performance to maximize opportunity and market share
To help us level up, you'll ideally have:
5+ years of recent working experience in the insurance industry, preferably Life Insurance
ASICâs Regulatory Guideline 146 (RG 146)
Experience in designing and writing policy wordings and other insurance related documentation
Bachelor's degree in a relevant field. A postgraduate degree and/or record of academic achievement is also desirable
Ability to communicate complex ideas in a clear, concise manner both verbally and in writing
Problem solving and advocating for customer solutions
Proven ability to foster and develop relationships with key external and internal stakeholders
Excellent organizational skills and the ability to independently take initiative on projects
Ability to adapt quickly to a start-up pace environment and culture