Full-Time

Territory Sales Manager

Confirmed live in the last 24 hours

Fairmatic

Fairmatic

51-200 employees

Data-driven auto insurance for fleet businesses

Fintech
Financial Services

Mid

Remote in USA

Remote position with up to 40% travel required.

Category
Strategic Account Management
Sales & Account Management
Requirements
  • 3+ Years experience managing insurance company relationships with brokers and wholesalers
  • Willingness to travel up to 40% around Georgia with some national (and possibly international) travel for company events
  • Knowledge of commercial lines auto insurance
  • Ability to think in unconventional ways with a healthy scepticism of the status quo
  • You’re a confident and humble owner of your work and have a “can do” attitude
  • You enjoy not just finding a problem but creating a solution
  • Shared vision of the future insurance to be fair and transparent
Responsibilities
  • Develop and manage a business plan and a quote pipeline to drive profitable premium growth
  • Travel around their region visiting brokers to develop long-term trusted partnerships
  • Build, own, and nurture deep and trusting relationships with broker partners
  • Actively listen to broker and fleet feedback on what to keep doing or improve upon and relay to the business to inform strategic decision-making
  • Act as a subject-matter expert on market pricing, industry trends, and competitor service offerings
  • Work cross-functionally and develop strong internal working relationships
  • Mentor team members, support their professional growth, and nurture their curiosity
  • Exemplify and foster Fairmatic’s humble, collaborative, and impact-obsessed culture
  • Reach agreed-upon premium goals and targets

Fairmatic offers auto insurance solutions tailored for businesses that manage vehicle fleets, such as construction and logistics companies. By utilizing data and artificial intelligence, Fairmatic helps these fleets save money and improve operations through features like a fleet dashboard with safety tips and digital incident reporting. A standout aspect of Fairmatic's service is its performance-priced insurance, which allows fleets to lower their premiums monthly based on their performance. The company aims to provide flexible, cost-effective, and efficient insurance solutions while ensuring reliable coverage through partnerships with leading insurers.

Company Stage

Series B

Total Funding

$85.6M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

6%

1 year growth

20%

2 year growth

96%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent $46 million Series B funding round indicates strong investor confidence and provides resources for further AI innovation.
  • The appointment of experienced industry leaders like Jim Hinchley and Boaz Ram strengthens Fairmatic's executive team, potentially driving strategic growth.
  • Fairmatic's backing by leading insurers with high AM Best ratings offers clients confidence and peace of mind.

What critics are saying

  • The insurtech market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on AI and data analytics means that any technological failures or inaccuracies could significantly impact service quality and client trust.

What makes Fairmatic unique

  • Fairmatic's performance-priced auto insurance model allows fleets to lower their premiums monthly, unlike traditional fixed-premium models.
  • The use of AI and data analytics for proactive risk management and driver safety sets Fairmatic apart from conventional fleet insurance providers.
  • Fairmatic's seamless claims management service aims to expedite the process, reducing downtime for fleet operations.

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