Full-Time

Senior Director of Insurance

Posted on 6/18/2024

Ethos Life

Ethos Life

501-1,000 employees

Online life insurance provider with no exams

Compensation Overview

$173k - $305k/yr

Senior, Expert

Remote in USA

Candidates must be based in the United States.

Category
Insurance
Finance & Banking
Requirements
  • Extensive US life insurance experience and network
  • Deep knowledge of the US life insurance market and products
  • Excellent written and oral communication skills, including understanding stakeholder needs and communicating credibly and effectively to your audience
  • Self-motivated and persistent to seek answers in a fast-paced startup environment
  • Bias for action and are comfortable managing partner relationships to achieve the same
Responsibilities
  • Provide strategic advice to the company’s senior leadership on product and partnership strategy
  • Manage the company’s key carrier and reinsurer partnerships
  • Provide two way advocacy for Ethos and partner insurance objectives including profitability, growth, compliance and operational excellence
  • Proactively identify and arrange new products and partnerships to support the strategic goals of the business
  • Work with internal and external stakeholders to realize new partnerships and bring new products to market
Desired Qualifications
  • FSA preferred
  • Reinsurance, Venture Capital or Life Insurance Consulting background a plus

Ethos Life provides life insurance solutions through a fully online platform, making it easier for individuals and families to obtain coverage without the need for medical exams. The application process is streamlined, allowing potential clients to receive instant quotes and often get approved within minutes by answering specific health and lifestyle questions. This approach contrasts with traditional life insurance methods, which can be lengthy and cumbersome. Ethos Life offers both term and whole life insurance policies, earning commissions from partner carriers for each policy sold. Additionally, the company enhances its service by providing complimentary estate planning tools, such as free wills, to eligible policyholders, setting it apart from other providers in the market. The goal of Ethos Life is to simplify life insurance and make it more accessible and affordable for everyone.

Company Size

501-1,000

Company Stage

Series D

Total Funding

$406.5M

Headquarters

Austin, Texas

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for no-exam life insurance policies boosts Ethos's market potential.
  • Increased consumer interest in digital insurance solutions aligns with Ethos's tech-driven model.
  • Partnerships with companies like Ameritas expand Ethos's product offerings and market reach.

What critics are saying

  • Departure of key executives like CFO Anan Kashyap may affect financial strategy.
  • Class action lawsuit under Illinois genetic privacy law could harm Ethos's reputation.
  • Recent layoffs may indicate financial strain, affecting employee morale and performance.

What makes Ethos Life unique

  • Ethos Life offers a fully online life insurance application process, eliminating medical exams.
  • The company provides complimentary estate planning tools, enhancing customer value and experience.
  • Ethos partners with major insurers like Legal & General America to ensure policy reliability.

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Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
Coverage
Jan 8th, 2025
Ethos Partners With Protective Life

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Coverage
Nov 7th, 2024
Matt Fowler Joins Ethos

Life insurance provider. Ethos Life <i class="fa fa-info-circle company-popover" data-content="h3Ethos Life/h3. div

Wink Intel
Jan 17th, 2024
Ameritas Teams With Ethos on Indexed Universal Life Product

Ameritas teams with Ethos on indexed universal life product.

PR Newswire
Jan 9th, 2024
Ameritas and Ethos launch new index universal life product

LINCOLN, Neb., Jan. 9, 2024 /PRNewswire/ - Ameritas and Ethos have introduced a new index universal life insurance product offered exclusively through Ethos, providing customers with the speed and convenience of a web-based process alongside the guidance of an agent.

Cook County Record
Nov 18th, 2023
Ethos Seafood accused under IL genetics privacy law for asking workers about medical histories

A class action lawsuit accuses Hodgkins-based seafood seller Ethos of violating an Illinois genetic information privacy law by allegedly asking workers about their family medical histories.

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