Full-Time

Insurance Regulatory Compliance Manager

Confirmed live in the last 24 hours

Cover Genius

Cover Genius

501-1,000 employees

Embedded insurance solutions for digital platforms

Fintech
Financial Services

Senior

London, UK

Hybrid position based in London.

Category
Risk & Compliance
Legal & Compliance
Requirements
  • 6 or more years in insurance, consulting or law in UK/Europe, with experience evaluating local regulations and developing legal insurance solutions in major markets
  • Strong analytical and problem-solving skills with a detail-oriented and process-driven mindset
  • Strong stakeholder management and ability to work cross-functionally to create solutions
  • Strong project management skills with the ability to manage multiple initiatives simultaneously and meet deadlines
  • Legal degree strongly preferred
  • Ability to thrive in a fast-paced, dynamic environment and adapt to changing business priorities
Responsibilities
  • Collaborate with regional Insurance, Compliance and Legal Teams to document and maintain a library of permissible structures for your region
  • Owning the structure approval process for your region for new product launches
  • Support regional Partnerships team in pitching solutions and defining the different structures available
  • Develop and maintain relationships with external legal counsel in your markets in order to obtain effective and practical legal advice that can be shared with distribution partners as required
  • Work with your regional Insurance and Partner Services teams to review existing structures and run projects to make improvements where required
  • Serve as the internal expert for how we may legally offer different products in your region in order to achieve our partner’s goals.

Cover Genius specializes in providing embedded insurance solutions for digital platforms around the world. The company collaborates with major digital companies and is integrated into popular e-commerce sites like Amazon and eBay. Its main product is a single API that allows partners to easily incorporate insurance offerings into their purchasing processes, creating a smooth experience for users. Unlike many competitors, Cover Genius focuses on embedding insurance directly into the buying journey, which helps to simplify the process for both businesses and customers. The goal of Cover Genius is to deliver tailored insurance products, such as travel protection and shipping insurance, that not only meet the needs of their diverse clients but also enhance customer satisfaction and support the growth of their partners' businesses.

Company Stage

Series E

Total Funding

$235.4M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

3%

1 year growth

9%

2 year growth

32%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $80M Series E funding round will accelerate growth and technological advancements, providing more opportunities for employees.
  • Achieving 107% YOY revenue growth despite a tech funding slowdown indicates strong market demand and financial health.
  • Partnerships with companies like Priceline and Adyen enhance Cover Genius' market reach and operational efficiency.

What critics are saying

  • The insurtech market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on partnerships for market penetration could pose risks if any major partner withdraws or underperforms.

What makes Cover Genius unique

  • Cover Genius specializes in embedded protection solutions, setting it apart from traditional insurance providers.
  • Their global distribution platform, XCover, offers instant claims processing and payments, enhancing customer experience and partner satisfaction.
  • Strategic partnerships with major brands like Uber, Ryanair, and eBay highlight their ability to integrate seamlessly into various industries.

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Benefits

Flexible working conditions

Employee stock options

Ongoing learning

Paid parental leave

Wellness initiatives

#WFH when you want

Peer bonuses and founder awards program

International working opportunities

GC Gives giveback program, led by the team