Full-Time

Customer Success Manager

Posted on 6/27/2024

Federato

Federato

51-200 employees

AI platform for underwriting efficiency

Compensation Overview

$100k - $150k/yr

Senior

Remote in USA

Category
Customer Experience & Support
Customer Success
Customer Experience
Sales & Account Management
Required Skills
Agile
Sales
Communications
Management
Marketing
Customer Service
Requirements
  • 5+ years of experience in P&C or Specialty insurance, specifically underwriting, operations, product, process or systems strongly preferred
  • Experience in customer success, customer service or other client-facing, relationship management positions a plus
  • Outstanding ability to take a consultative approach, communicate and nurture positive business relationships
  • Accountability, and personal organization are essential, project management skills and agile methodology are a plus
  • Experience in leading a diverse group and training each according to needs and core values
  • Both a leader and a do-er, able to be both strategic and effective at execution
  • Founder-mindset, someone who wants to build out an ever-improving customer experience and solutions
  • Confident and able to work effectively in ambiguity, recommend solutions or create process where needed
  • Strong business acumen and executive presence to convey credibility at all stages
  • Technology savvy, and an innovative problem solver
  • A business, risk management, communications or marketing degree is helpful
Responsibilities
  • Be curious, listen deeply to our users and get creative to ensure that we are solving "people problems" in the insurance ecosystem
  • Own the entire post-sales experience including onboarding, implementation, renewals, up-sells, and strategic account management
  • Organize, run and participate in the build and configuration of the Federato software implementation for your customers
  • Act a trusted advisor and advocate internally by working cross-functionally to deliver on customers needs
  • Be an insurance industry expert and a Federato expert when it comes to our product and industry and ensure we are providing and communicating our value to decision makers
  • Build and maintain strong relationships with key stakeholders and influencers at our client
  • Use data to develop insight and understanding of customer’s business needs, goals and product utilization
  • Identify and position opportunities for revenue growth and expansion

Federato.ai operates in the insurance industry, focusing on underwriting with its main product, RiskOps. This platform utilizes artificial intelligence to improve the underwriting process, enabling underwriters to make more accurate and efficient decisions. By streamlining operations, RiskOps helps insurance companies, particularly in the surety space, to provide faster and smarter services to their clients and agents. Federato.ai's business model involves charging insurance companies for access to the platform, which ultimately saves them money by enhancing the efficiency and accuracy of their underwriting. What sets Federato.ai apart from competitors is its commitment to integrating AI into an industry that has been slow to embrace new technologies, allowing underwriters to concentrate on creative and strategic aspects of their roles. The company's goal is to transform insurance technology delivery, helping clients grow their businesses while minimizing startup costs.

Company Size

51-200

Company Stage

Series C

Total Funding

$80M

Headquarters

Palo Alto, California

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Federato raised $40 million in Series C funding for global expansion.
  • Collaboration with Google Cloud streamlines adoption via 'click-to-deploy' enhancements.
  • Appointment of Seth Egliht as CRO is expected to boost growth in P&C insurance.

What critics are saying

  • Increased competition from AI-driven insurtech startups may erode market share.
  • Rapid AI advancements could outpace Federato's feature integration capabilities.
  • Over-reliance on Google Cloud's AI could pose risks if service changes occur.

What makes Federato unique

  • Federato's RiskOps platform offers a 90% faster quote time for insurers.
  • Integration with Google Cloud enhances Federato's AI underwriting solutions.
  • Federato focuses on AI-driven solutions for complex insurance challenges like climate change.

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Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-7%

2 year growth

-7%
Life Insurance International
Nov 21st, 2024
AI-driven insurtech start-up Federato scores $40m in Series C round

US-based insurtech start-up Federato, which offers an AI-powered RiskOps platform, has secured $40m in its Series C funding round, led by StepStone Group.

The Insurer
Nov 20th, 2024
AI-driven insurtech Federato raises $40mn in StepStone-led Series C

AI-powered underwriting platform Federato has raised $40mn in a Series C funding round led by global private markets investor StepStone Group, with participation from existing Federato investors including Emergence Capital, Caffeinated Capital and Pear VC.

Stock Titan
Nov 20th, 2024
Federato Raises $80M for AI Platform

Federato has raised $80 million, including a $40 million Series C round led by StepStone Group, to expand its AI underwriting platform globally. The platform, RiskOps, enhances underwriting efficiency, offering a 90% faster quote time and significant improvements in business operations. Existing investors Emergence Capital, Caffeinated Capital, and Pear VC also participated. Federato aims to help insurers tackle challenges like climate change and cyber crime with AI-driven solutions.

PR Newswire
Nov 20th, 2024
Federato announces $80 million raised to bring RiskOps to insurance

/PRNewswire/ -- Federato, the AI-native underwriting platform for insurance, announced today that it has raised a total of $80 million, including its latest...

PR Newswire
Jun 18th, 2024
Federato Appoints Lisa Khoury As Vp Of Marketing And Joshua Dunmire As Head Of Industry Enablement

SAN FRANCISCO, June 18, 2024 /PRNewswire/ -- Federato, the insurance industry's first RiskOps underwriting platform, today announced the appointment of Lisa Khoury as Vice President of Marketing and Joshua Dunmire as Head of Industry Enablement.A veteran B2B SaaS marketing leader, Khoury has helped multiple industry-defining software companies scale and deliver for customers. Khoury brings to Federato experience leading marketing functions at Compass (Real Estate), Attentive (Mobile Advertising), and Boost (Embedded Insurance).Dunmire joins Federato from the insurance industry, after multiple underwriting leadership roles at cutting edge insurers and years on the frontlines as an underwriter himself. As Chief Underwriting Officer at Insurate, Dunmire drove transformation of Workers Compensation insurance by leveraging untapped industry data with proprietary modeling."Lisa and Josh couldn't be joining us at a better time," said Will Ross, CEO and Co-Founder of Federato. "Federato's customers are seeing unprecedented success getting their underwriters to win the right deals faster. We couldn't be more excited to have an ex-customer in Josh to help us scale the best practices we bring to our partners. And Lisa's history of category creation provides the perfect set of skills to continue to tell these stories as we develop the RiskOps category alongside our carrier, MGA, and mutual customers.""The thing that excites me the most about Federato is the opportunity to help bring cutting-edge technology to an industry that underpins much of the economy," said Khoury

INACTIVE