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Full-Time

Senior Manager

Quality Engineering

Posted on 3/22/2024

EvolutionIQ

EvolutionIQ

51-200 employees

AI software for insurance claims handling

Data & Analytics
Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$180k - $220kAnnually

+ Equity Plan

Senior, Expert

New York, NY, USA

Category
QA & Testing
Quality Assurance
Required Skills
Quality Assurance (QA)
Requirements
  • 6-8+ years of experience in QE/QA, with at least 4 years managing a QE/QA team
  • Bachelor's degree in Computer Science or related field
Responsibilities
  • Lead the planning, execution, and release of complex QE/QA projects across multiple teams
  • Collaborate closely with other engineering teams, product managers, and stakeholders to ensure alignment on product quality standards
  • Foster a culture of continuous learning, caring, and improvement within the team and in the broader engineering organization
  • Lead recruitment, mentoring, and professional development initiatives within the team
  • Continually evaluate emerging technologies and industry trends

EvolutionIQ creates software for the insurance industry that enhances the claims handling process using artificial intelligence. The software helps insurance examiners and adjusters identify the right claims to focus on, improving efficiency and accuracy. Unlike competitors, EvolutionIQ's AI can analyze bodily injury claims like a medical expert, allowing for quicker assignment to specialized teams and predicting claim outcomes earlier. The company's goal is to streamline the claims process, reduce stress for claimants, and facilitate their return to work.

Company Stage

Series B

Total Funding

$43.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

8%

1 year growth

44%

2 year growth

216%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with major insurers like Lincoln Financial Group and Prudential validate EvolutionIQ's effectiveness and market acceptance.
  • The introduction of MedHub enhances the platform's capabilities, making it indispensable for claims professionals and improving claimant experiences.
  • Recognition as a 'Best Workplace' by Inc. Magazine highlights a positive company culture, which can attract top talent and drive innovation.

What critics are saying

  • The niche focus on insurance claims handling may limit market expansion opportunities.
  • Dependence on partnerships with large insurers could pose risks if these relationships falter or if insurers develop in-house solutions.

What makes EvolutionIQ unique

  • EvolutionIQ's AI-driven software specifically targets claims handling in the insurance industry, unlike broader AI applications by competitors.
  • Their SaaS model ensures continuous revenue and allows for regular updates and improvements, providing a competitive edge in technology and service.
  • The software's ability to predict claim trajectories and improve Return to Work outcomes sets it apart in the insurance sector.
INACTIVE