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Full-Time

Director / Sr. Director of Partnerships

Posted on 6/27/2024

Matic

Matic

201-500 employees

Simplifies home and auto insurance shopping

Automotive & Transportation
Fintech
Financial Services

Senior, Expert

Columbus, OH, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Public Speaking
Requirements
  • 7+ years of business leadership and partnerships experience
  • 5+ years of experience partnering with and influencing at the senior executive level
  • Track record of effectively negotiating contracts and managing highly complex partnerships
  • People-focused leader with proven ability to design, lead and develop high-performing teams
  • Exceptional strategic thinking ability and the drive to execute against strategy with a sense of urgency
  • Creative problem solver and innovator
  • Excellent public speaking and presentation skills
  • Availability to travel for business meetings, deals and industry conferences
Responsibilities
  • Lead the Partnerships department and provide leadership on strategic objectives, critical focus areas for growth and efficiency, and overall partner growth tactics
  • Set, define, and execute annual growth strategy, sales plans, goals, and forecasts, through expansion of existing partner and new partner / vertical opportunities
  • Oversee the onboarding of new partners, ensuring smooth, efficient, and successful implementations
  • Work closely with senior executives of partners to develop trust and respect with the goal to accelerate the expansion of Matic’s program
  • Work collaboratively with Matic’s Business Development team to ensure new partnerships are structured for initial launch and long term success
  • Establish and maintain key performance indicators / metrics, utilizing to monitor the performance of the partnerships teams to identify opportunities, risks, or challenges, and provide actionable insights for continued improvement
  • Strategically optimize revenue growth while maintaining focus on profitability
  • Continuously monitor the overall performance and health of existing partnerships, proactively identifying and solving issues before they arise
  • Identify new growth opportunities and areas of innovation
  • Champion cross-functional collaboration, forging strong relationships with the goal to build consensus and alignment across the organization
  • Serve as a “Thought Leader” in the industry and promote Matic to industry leaders, partners, and prospects
  • Stay abreast of market trends, competitor activities, and industry developments to identify partnership opportunities and deliver continuous improvement

Matic simplifies the process of obtaining home and auto insurance by providing a digital platform that allows consumers to quickly compare quotes from a network of 40 A-rated insurance carriers. Customers enter their information, and Matic's system retrieves various quotes in seconds, helping them find the best rates and save money, with average savings reported at $639. Unlike traditional insurance shopping, Matic streamlines the experience, making it faster and more efficient. The company also partners with mortgage servicing organizations to ensure accurate home information, which enhances the accuracy of the quotes. Matic's goal is to make insurance shopping easy and cost-effective while fostering a positive workplace culture for its employees.

Company Stage

Series B

Total Funding

$53.6M

Headquarters

Columbus, Ohio

Founded

2014

Growth & Insights
Headcount

6 month growth

2%

1 year growth

7%

2 year growth

33%
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Simplify's Take

What believers are saying

  • Matic's strategic partnerships with major mortgage lenders like USA Mortgage and GVC Mortgage expand its market reach and customer base.
  • The company's recognition for outstanding workplace culture and product innovation makes it an attractive place to work.
  • Matic's ability to offer a wide array of insurance products, including home, auto, umbrella, and pet insurance, provides employees with diverse opportunities for growth and specialization.

What critics are saying

  • The highly competitive insurtech market requires Matic to continuously innovate to maintain its edge.
  • Dependence on commissions from insurance carriers could be a vulnerability if market conditions change or partnerships dissolve.

What makes Matic unique

  • Matic leverages a network of over 40 A-rated insurance carriers to provide a wide variety of quotes in seconds, setting it apart from traditional insurance brokers.
  • The company's digital platform streamlines the insurance shopping process, offering significant time and cost savings for consumers.
  • Matic's partnerships with mortgage servicing organizations ensure accurate home information, enhancing the precision of insurance quotes.
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