Full-Time

Licensed Claims Team Lead

Posted on 12/4/2024

Cover Genius

Cover Genius

501-1,000 employees

Embedded insurance solutions for digital platforms

Fintech
Financial Services

Compensation Overview

$49k - $77kAnnually

+ Equity + Bonus + Commission

Junior, Mid

Remote in USA

Category
Insurance
Finance & Banking
Requirements
  • +2 years experience in Insurance Claims management
  • Strong leadership and team mentoring experience.
  • Fluency in English (verbal & written). Any other European language will be highly regarded
  • Experience producing reports and present quarterly results
  • Bachelor's degree in a relevant field, A postgraduate degree and/or record of academic achievement is also desirable
Responsibilities
  • Own the end-to-end resolution, of all claims with your vertical ensuring the best experience possible for our Customers
  • Own the day-to-day escalated claims by the team, but also by customers and partners.
  • Lead the training and mentoring of the team, by doing ongoing auditory for the existing resources
  • Create agreed objectives and a performance development plan for each team member
  • Lead the identification and implementation of new processes and improvements.
  • Build ongoing daily support to claims assessors on claim assessment and other activities
  • Provide input and assist the leadership team in planning and organizing the team, by analyzing QA results and preparing reports
  • Identify cross-operational opportunities for Claims process improvements, loss prevention programs and internal training
  • Build a great team by assisting with the screening and hiring of staff

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