Simplify Logo

Full-Time

National Broker Relationship Manager

Confirmed live in the last 24 hours

Fairmatic

Fairmatic

51-200 employees

Data-driven auto insurance for fleet businesses

Data & Analytics
Fintech
AI & Machine Learning
Financial Services

Expert

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 10+ Years experience managing insurance company relationships with brokers; at least 2-3 years experience with commercial auto
  • Entrepreneurial mindset; the idea of running your own micro-business within a company is exciting to you
  • You have carried 7 figure quarterly sales & growth targets & closed enterprise-sized deals before; not afraid to think bigger!
  • Willingness to travel up to 40% nationally (and possibly international) travel for company events
  • Ability to think in unconventional ways with a healthy skepticism 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 through select top 50 brokers in the US
  • Travel around nationally visiting brokers to develop long-term trusted partnerships, present our program, and help to close enterprise-sized deals
  • 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 with the insurance, underwriting, and customer engagement teams.
  • Mentor team members, support their professional growth, and nurture their curiosity

Fairmatic offers auto insurance solutions tailored for fleet businesses, such as construction and logistics companies. By using data and artificial intelligence, Fairmatic helps fleets save money and improve operations through features like a fleet dashboard with safety tips and digital incident reporting. Unlike traditional insurance models, Fairmatic's performance-priced insurance allows fleets to lower their premiums monthly based on their performance. The company also provides efficient claims management and a broker experience that simplifies the insurance process.

Company Stage

Series B

Total Funding

$91M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

5%

1 year growth

21%

2 year growth

95%
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.