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Full-Time

Principal Product Designer

Posted on 7/1/2024

Ethos Life

Ethos Life

501-1,000 employees

Online life insurance with no medical exams

Data & Analytics
Hardware
Fintech
AI & Machine Learning
Financial Services
Biotechnology

Compensation Overview

$130k - $217kAnnually

Senior, Expert

Remote in USA

Category
Product & UX/UI Design
UI/UX & Design
Requirements
  • 7+ years of in-house product design experience for a direct to consumer product
  • An understanding of when to use the design process and when to shortcut it
  • Ability to move quickly while producing high quality designs
  • A strong portfolio that demonstrates your impact and leadership
  • Demonstrated ability to drive business impact
  • Ability to reduce complex problems down to flexible and intuitive patterns
  • Extensive experience leading projects and process spanning insights, ideation and validation through to design implementation
  • The ability to challenge the assumptions of oneself as well of those around you
  • Preferred experience in complex industries like FinTech, HealthTech, or InsureTech
Responsibilities
  • Lead design strategy across multiple business units
  • Manage executive stakeholders across engineering, product, marketing, and more
  • Identify opportunity areas to make large bets and align the organization to bring the desired impact into reality
  • Help set the vision for our overall user experience
  • Define and build new products and iterate on existing ones
  • Drive improvements to the product development process with cross functional partners

Ethos Life provides life insurance solutions through a fully online platform, making it easier for individuals and families to obtain coverage without the need for medical exams. The application process is streamlined, allowing potential clients to receive instant quotes and often get approved within minutes by answering specific health and lifestyle questions. This approach contrasts with traditional life insurance methods, which can be lengthy and cumbersome. Ethos Life sells term and whole life insurance policies through partner carriers and earns commissions on these sales. Additionally, the company offers complimentary estate planning tools, such as free wills, to enhance the customer experience and set itself apart from competitors. The goal of Ethos Life is to provide straightforward and affordable life insurance options while simplifying the overall process for its customers.

Company Stage

Series D

Total Funding

$224.4M

Headquarters

Austin, Texas

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

7%
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Simplify's Take

What believers are saying

  • Ethos Life's tech-driven model allows for quick approvals, making it highly attractive to customers seeking convenience and speed.
  • Partnerships with established entities like Ameritas and AIP Marketing Alliance expand Ethos Life's product range and distribution channels, enhancing market reach.
  • The company's focus on providing affordable rates and a hassle-free experience can attract a broad customer base, driving growth.

What critics are saying

  • Recent layoffs and the departure of key executives like the CFO could indicate internal instability and affect employee morale.
  • The class action lawsuit under Illinois genetic information privacy law could result in legal and financial repercussions.

What makes Ethos Life unique

  • Ethos Life offers a fully online application process, eliminating the need for medical exams, which sets it apart from traditional life insurance providers.
  • The company provides complimentary estate planning tools, such as free wills and estate plans, adding value beyond standard life insurance offerings.
  • Ethos Life's partnership with Ameritas to offer an indexed universal life product exclusively through its platform highlights its innovative approach to product offerings.
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