Full-Time

Insurance Program Manager

Updated on 11/21/2024

Wagmo

Wagmo

11-50 employees

Pet insurance and wellness plans for pets

Financial Services
Healthcare

Mid

New York, NY, USA

Category
Project Management
Business & Strategy
Requirements
  • 3-5 years of program management experience, preferably in the insurance space
  • Proven ability to independently seek solutions to problems
  • Demonstrated proficiency with Microsoft Office/Google Suite products and claims-related software programs
  • Demonstrated success in cross-team collaboration and working with internal and external stakeholders
  • Ability to prioritize multiple high-priority tasks, manage your day-to-day schedule, and hit deadlines consistently
  • Detail-oriented with excellent design, written, and verbal communication skills
  • Self-motivated critical thinker who can work independently to solve problems
  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
  • Current Insurance Adjuster License
  • 2+ years of claims adjusting experience in the insurance industry
Responsibilities
  • Meet regularly with our insurance partner to manage the relationship, escalate issues, and ensure timely resolution to any customer issues
  • Meet regularly with our third-party claims team lead to ensure their team is meeting SLAs and performing to the Wagmo standard
  • Create and analyze reports on insurance performance to ensure strong results
  • Participate in company-level projects that drive positive customer experiences and scale our operations
  • Work collaboratively across all internal departments to execute on claim related initiatives and drive positive customer experiences
  • Partner with our Director of Customer Operations and Director of Customer Success to analyze customer feedback and make suggestions for product and process improvements that drive better customer outcomes
  • Foster a positive, professional, and collaborative team environment

Wagmo specializes in pet insurance and wellness plans designed for cats and dogs, catering to the growing number of pet owners seeking comprehensive care solutions. The company offers two main products: wellness plans that reimburse routine expenses like vet visits and grooming, and insurance plans that cover unexpected incidents such as accidents and illnesses. Wagmo's wellness plans provide over $1,100 in annual reimbursements, while its insurance plans can cover up to 100% of costs in certain states after the deductible. Unlike typical pet insurance companies, Wagmo combines preventive and emergency care coverage, allowing pet owners to manage both expected and unexpected expenses effectively. The company operates as a licensed insurance agency, earning revenue from premiums while partnering with the National Specialty Insurance Company for underwriting. Wagmo's goal is to ensure that pet owners can afford the necessary care for their pets without facing prohibitive costs.

Company Stage

Seed

Total Funding

$23.7M

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

19%

1 year growth

28%

2 year growth

56%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from Erie Strategic Ventures and other investors signal strong financial backing and growth potential for Wagmo.
  • Partnerships with platforms like Rover and Forbes EQ enhance Wagmo's visibility and credibility in the pet care market.
  • Wagmo's comprehensive wellness and insurance plans offer significant value to pet owners, potentially leading to high customer satisfaction and retention.

What critics are saying

  • The pet insurance market is becoming increasingly competitive, requiring Wagmo to continuously innovate to maintain its edge.
  • Reliance on third-party underwriters like the National Specialty Insurance Company could pose risks if these partnerships face disruptions.

What makes Wagmo unique

  • Wagmo uniquely combines preventive wellness plans with emergency insurance, offering a comprehensive pet care solution that many competitors lack.
  • Their partnership with the National Specialty Insurance Company allows Wagmo to focus on customer service and tailored insurance solutions without bearing underwriting risks.
  • Wagmo's digital-first approach, including 24/7 telemedicine support and rapid claims processing, sets it apart in the pet insurance market.

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