Full-Time

Senior Insurance Product Analyst

Posted on 11/7/2024

Nirvana Insurance

Nirvana Insurance

51-200 employees

Data-driven trucking insurance solutions provider

Fintech
Financial Services

Compensation Overview

$85k - $98kAnnually

+ Equity

Mid, Senior

Remote in USA

Candidates must be based in the United States.

Category
Product Management
Product Research
Product
Required Skills
Python
SAS
R
Product Management
SQL
Data Analysis

You match the following Nirvana Insurance's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 3+ years of experience at a Commercial Property & Casualty insurance carrier within the Product Management, Product Development, State Management, Underwriting, Pricing, or related functions.
  • Four (4) year completed degree in a related field or equivalent work experience
  • Experience with SQL, SAS, Python, R, or other programming languages
  • Experience with RateFilings.com, SNL, and/or SERFF
  • Ability to utilize quantitative approaches to generate detailed, sound business analyses
  • Solid project management and problem-solving skills
  • Ability to work independently given general direction and also thrive in a team environment that is constantly changing
Responsibilities
  • Source, validate, and analyze data to glean actionable insights and build dashboards/reports that are used to create and present recommendations to our product and/or business processes
  • Implement new insurance product features ranging from underwriting guidelines changes to pricing enhancements to coverage changes
  • Work with various internal and external stakeholders to support new products and features
  • Leverage programming skills to analyze, modify, and update rating engine code
  • Utilize project management skills to effectively manage multiple priorities
  • Research and analyze competitor regulatory filings
  • Monitor effectiveness and profitability of current products and recommend changes and/or enhancements to leadership
  • Assist with product rate reviews
  • Conduct ad-hoc analysis and reporting
  • Own various other Insurance Product projects as they arise
  • Be a foundational driver of results for an emerging insurance product

Nirvana Insurance provides specialized insurance solutions for the trucking industry, focusing on safety and efficiency. Their services utilize data to offer fast quotes and proactive protection, helping businesses save money while enhancing safety measures. As an independent insurance producer, Nirvana Insurance collaborates with multiple insurance companies to provide competitive rates and comprehensive coverage. This approach allows them to address common issues in the insurance process, such as confusion and delays, by offering a streamlined online application that takes less than 10 minutes to complete. Additionally, they ensure hassle-free claims handling through experts in transportation, allowing clients to resume operations quickly. Their policies are backed by reputable reinsurance partners, ensuring reliability and high-quality coverage. The goal of Nirvana Insurance is to modernize trucking insurance, making it more accessible and equitable for their clients.

Company Stage

Series B

Total Funding

$79.8M

Headquarters

San Francisco, California

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Ascend enhances billing efficiency and customer experience.
  • $57M Series B funding boosts Nirvana's growth and innovation capacity.
  • Telematics integration aligns with the trend towards usage-based insurance models.

What critics are saying

  • Increased competition from AI-driven insurtech companies may erode market share.
  • Dependence on third-party tech providers like Ascend poses operational risks.
  • Regulatory changes in the trucking industry could impact insurance needs and costs.

What makes Nirvana Insurance unique

  • Nirvana leverages telematics for personalized, dynamic pricing in fleet insurance.
  • AI-driven claims processing reduces time and cost, enhancing customer satisfaction.
  • Nirvana's independent producer model offers competitive rates and best-in-class coverage.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Remote Work Options

Home Office Stipend

Wellness Program

INACTIVE