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Full-Time

Senior Insurance Product Manager

Posted on 8/22/2024

Simply Business

Simply Business

501-1,000 employees

Provides tailored business insurance solutions

Data & Analytics
Fintech
Social Impact
Financial Services

Senior, Expert

London, UK

Category
Product Management
Product
Required Skills
Data Analysis
Requirements
  • able to influence direction, decisions, and execution across the wider business
  • experienced delivering insurance or financial services product with hands-on decision-making in building/running products sold digitally
  • comfortable using data to inform decisions that drive product and process improvements
  • capable in making trade-off calls to prioritise, from ideation to live, with key measures of success
  • adept at analytics, including financial modelling, forecasting, and using analytics platforms
Responsibilities
  • support the setting and delivery of the long term market strategy and budget targets for existing customers
  • working with teams across the business to improve customer experience throughout the life of policies
  • lead product and customer analysis, to inform change and deliver continuous improvement
  • explore customer problems and appraise opportunities

Simply Business provides business insurance specifically designed for small businesses and landlords in the UK. Their offerings include various types of insurance such as public liability, professional indemnity, employers' liability, and specialized coverages like tool and van insurance. Clients can easily obtain quotes and purchase coverage through an online platform, which allows for quick adjustments to policies as their needs change. This digital-first approach simplifies the insurance buying process and caters to the unique requirements of small business owners. Unlike many competitors, Simply Business focuses on delivering fast and flexible insurance solutions tailored to the specific needs of their clients, making them a valuable partner for those looking to protect their operations.

Company Stage

M&A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Travelers Companies, Inc. provides financial stability and potential for expanded resources and growth.
  • Initiatives like Business Boost and the Better for Business wellbeing hub demonstrate Simply Business's commitment to supporting small business owners beyond just insurance.
  • Their user-friendly online platform and ability to quickly adjust policies make them an attractive option for small business owners seeking flexible and efficient insurance solutions.

What critics are saying

  • The competitive landscape of the insurance market requires Simply Business to continuously innovate to maintain its edge.
  • Dependence on commissions from insurance providers could be a vulnerability if market conditions change or partnerships dissolve.

What makes Simply Business unique

  • Simply Business focuses exclusively on small businesses and landlords, offering tailored insurance products that meet their specific needs, unlike broader insurance providers.
  • Their digital-first approach simplifies the insurance buying process, providing quick and flexible solutions that are easily adjustable as business needs change.
  • Partnerships with organizations like Mental Health at Work and initiatives like Empowering Women in Business highlight their commitment to supporting the broader well-being of their clients.
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