Full-Time

Pricing Associate

Confirmed live in the last 24 hours

Cover Genius

Cover Genius

501-1,000 employees

Embedded insurance solutions for digital platforms

Fintech
Financial Services

Compensation Overview

$76k - $114kAnnually

+ Equity + Bonus + Commission

Junior, Mid

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Python
Data Science
R
SQL
Requirements
  • Completion of at least 4 SOA/CAS exams and working towards completion of ASA/ACAS is preferred.
  • At least 1 to 3 years experience working in General Insurance lines of business preferred.
  • Strong technical, analytical and mathematical skills.
  • Advanced SQL and Excel skills, demonstrated by the ability to create complex queries, automate data processes, and perform detailed financial analyses.
  • Programming skills in R and/or Python skills desirable.
  • Bachelor's degree in Actuarial Science, Data Science, Statistics or Mathematics.
Responsibilities
  • Work closely with the Insurance and Partner Services team to design and implement our unique insurance products.
  • Analyze the database to monitor existing insurance products to optimize pricing structure and segmentation.
  • Provide pricing insights and recommendations to internal and external stakeholders to support business decisions.
  • Contribute to the development and implementation of product strategy through pricing to achieve business objectives, with a keen eye towards ensuring rate adequacy and overall underwriting profitability whilst maximizing CG revenue.
  • Support the ongoing underwriting performance monitoring with actuarial techniques and assist in the production of loss ratios and other key insurance metrics for different product / market segments.

Cover Genius specializes in providing embedded insurance solutions for digital platforms around the world. The company collaborates with major digital companies and is integrated into popular e-commerce sites like Amazon and eBay. Its main product is a single API that allows partners to easily incorporate insurance offerings into their purchasing processes, creating a smooth experience for users. Unlike many competitors, Cover Genius focuses on embedding insurance directly into the buying journey, which helps to simplify the process for both businesses and customers. The goal of Cover Genius is to deliver tailored insurance products, such as travel protection and shipping insurance, that not only meet the needs of their diverse clients but also enhance customer satisfaction and support the growth of their partners' businesses.

Company Stage

Series E

Total Funding

$235.4M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

3%

1 year growth

9%

2 year growth

32%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $80M Series E funding round will accelerate growth and technological advancements, providing more opportunities for employees.
  • Achieving 107% YOY revenue growth despite a tech funding slowdown indicates strong market demand and financial health.
  • Partnerships with companies like Priceline and Adyen enhance Cover Genius' market reach and operational efficiency.

What critics are saying

  • The insurtech market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on partnerships for market penetration could pose risks if any major partner withdraws or underperforms.

What makes Cover Genius unique

  • Cover Genius specializes in embedded protection solutions, setting it apart from traditional insurance providers.
  • Their global distribution platform, XCover, offers instant claims processing and payments, enhancing customer experience and partner satisfaction.
  • Strategic partnerships with major brands like Uber, Ryanair, and eBay highlight their ability to integrate seamlessly into various industries.

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Benefits

Flexible working conditions

Employee stock options

Ongoing learning

Paid parental leave

Wellness initiatives

#WFH when you want

Peer bonuses and founder awards program

International working opportunities

GC Gives giveback program, led by the team