Full-Time
Senior Product Designer
Posted on 11/13/2024
Bestow
201-500 employees
Digital platform for life insurance solutions
Compensation Overview
$120k - $140kAnnually
Senior
Remote in USA
Remote position available for candidates in contiguous 48 states only.
- 5+ years of professional experience in UX/UI design, with a strong portfolio showcasing a range of digital products and services.
- Proficiency in design and prototyping tools such as Figma or other industry standard programs.
- Experience with user research methods, usability testing, and data-driven design.
- Strong understanding of design systems, responsive design, and accessibility best practices.
- Excellent communication skills and the ability to clearly present and advocate for design decisions.
- Proven experience in a collaborative, cross-functional environment, working closely with product and engineering teams to ship software that drives measurable business outcomes.
- Proven ability to handle multiple projects and prioritize effectively.
- Lead the design process from ideation to execution for key projects, ensuring alignment with business goals and user needs.
- Play an essential role in mentoring team members and leading impactful design initiatives.
- Partner with Product Managers and Engineers to define design strategy and deliver high-quality solutions.
- Create and iterate on wireframes, prototypes, and high-fidelity designs to effectively communicate interaction and design ideas.
- Conduct user research and usability testing to inform design decisions and validate concepts.
- Advocate for user-centered design principles and maintain consistency with our design system.
- Mentor and provide feedback to UX team members, fostering a culture of continuous learning and growth.
- Present design solutions and articulate design rationale to stakeholders at various levels of the organization.
Bestow offers a digital platform for purchasing life insurance, focusing on making the process quick and easy for individuals. Their technology streamlines the application process using advanced underwriting methods, allowing customers to receive instant decisions on their coverage. Bestow's software manages the entire insurance lifecycle, which helps reduce costs and enables the company to introduce new products efficiently. Additionally, Bestow utilizes a sophisticated modeling engine to enhance customer data for better marketing strategies and audience targeting. Unlike traditional insurance companies, Bestow prioritizes a user-friendly experience and affordability, with coverage starting at $11 per month. The company aims to provide high customer satisfaction, as evidenced by its excellent ratings and recognition in the industry.
Company Stage
Series C
Total Funding
$133.8M
Headquarters
Dallas, Texas
Founded
2017
6 month growth
↓ -15%1 year growth
↓ -16%2 year growth
↓ -16%
Simplify's Take
What believers are saying
- Partnership with Transamerica enhances Bestow's digital platform capabilities.
- Recognition as a Top 100 Financial Technology Company boosts Bestow's industry credibility.
- Increased demand for digital insurance solutions supports Bestow's growth potential.
What critics are saying
- Pending Sammons acquisition may affect Bestow's operational autonomy.
- Departure of key compliance officer could challenge regulatory risk management.
- Recent layoffs and low website traffic indicate potential internal and market challenges.
What makes Bestow unique
- Bestow offers a digital platform simplifying life insurance purchase processes.
- The company uses advanced underwriting technology for quick insurance application decisions.
- Bestow's data solutions enhance customer segmentation and marketing optimization.
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Benefits
Competitive salary
Equity
Annual bonus based on company and individual performance
Flexible PTO plan
Medical, dental, & vision insurance
Paid parental leave
Annual lifestyle spending account
Flexible work-from-home policy
Learning & development opportunities