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Full-Time

Senior Manager

Catastrophe

Confirmed live in the last 24 hours

Lemonade

Lemonade

1,001-5,000 employees

Digital insurance with social impact initiatives

Fintech
Social Impact
AI & Machine Learning
Financial Services
Real Estate

Compensation Overview

$121k - $160kAnnually

+ Equity + Benefits

Expert

Remote in USA

Category
Supply Chain Management
Operations & Logistics
Required Skills
Communications
Requirements
  • 10+ years of P&C claims experience
  • 3+ years experience in catastrophe response (internal and field)
  • 2+ years in a leadership role
  • A high comfort level with stressful and time-sensitive situations
  • Experience working with TPA’s, from contract to execution
  • Strong knowledge of analytical and data insights that create business value
  • Finds ways to get things done, scrappy and self sufficient
  • Proven use of technology (AI specific) to drive customer and employee experience
  • 4-year college degree; advanced degree a plus
Responsibilities
  • Develop and implement the strategic roadmap for CAT Operations
  • Establish and drive success measures for external and internal teams
  • Develop and drive KPIs for multiple vendors that evolve with our business
  • Work closely with compliance to ensure processes and policies adhere to regulatory standards
  • Oversee catastrophe expenses to include overall LAE
  • Manage, develop, and inspire a group of internal and external teams responding to our customers
  • Leverage data to prioritize strategic initiatives, process improvements, and profitability for the department. Use data to identify performance and efficiency opportunities.
  • Work with key stakeholders to address tactical and strategic challenges and provide transparent and effective communication. Confidently collaborate with supporting teams (Product, Underwriting, Compliance, Legal, Systems, Comms)

Lemonade offers a digital insurance platform that allows users to quickly sign up for coverage for various needs, including personal belongings, homes, pets, families, and cars, all through a single app. The platform operates by collecting premiums from users, and any unused premiums are donated to a charity chosen by the user through a feature called Giveback. This unique approach has enabled Lemonade to contribute over $4 million to non-profit organizations globally. Unlike traditional insurance companies, Lemonade emphasizes social impact and community support, aiming to create a more positive experience for its customers while also benefiting charitable causes.

Company Stage

IPO

Total Funding

$618.5M

Headquarters

New York City, New York

Founded

2015

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Lemonade's expansion into the UK market indicates strong growth potential and international reach.
  • The company's Giveback program has donated over $10 million since its inception, showcasing its commitment to social impact.
  • Partnerships with brands like M&M's Ice Cream and Homesite highlight Lemonade's innovative approach to marketing and collaboration.

What critics are saying

  • Despite revenue growth, Lemonade reported a $47 million net loss, raising concerns about its financial sustainability.
  • The crowded insurtech market means Lemonade must continuously innovate to maintain its competitive edge.

What makes Lemonade unique

  • Lemonade's unique Giveback program, which donates unused premiums to charities, sets it apart from traditional insurance companies.
  • The company's all-in-one app for various insurance needs, from home to pet insurance, offers unparalleled convenience.
  • Lemonade's heavy reliance on AI for efficiency and customer service distinguishes it from competitors who are slower to adopt technology.