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Full-Time

Senior Director of Insurance

Confirmed live in the last 24 hours

Ethos Life

Ethos Life

501-1,000 employees

Online life insurance with no medical exams

Data & Analytics
Hardware
Fintech
AI & Machine Learning
Financial Services
Biotechnology

Compensation Overview

$178k - $296kAnnually

+ Bonus + Equity + Benefits

Senior, Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Communications
Requirements
  • Extensive US life insurance experience and network
  • FSA preferred
  • Reinsurance, Venture Capital or Life Insurance Consulting background a plus
  • Self-motivated and persistent to seek answers in a fast-paced startup environment
  • Deep knowledge of the US life insurance market and products
  • Strong network within the life insurance industry
  • Bias for action and are comfortable managing partner relationships to achieve the same
  • Excellent written and oral communication skills, including understanding stakeholder needs and communicating credibly and effectively to your audience
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

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 sells term and whole life insurance policies through partner carriers and earns commissions on these sales. Additionally, the company offers complimentary estate planning tools, such as free wills, to enhance the customer experience and set itself apart from competitors. The goal of Ethos Life is to provide straightforward and affordable life insurance options while simplifying the overall process for its customers.

Company Stage

Series D

Total Funding

$224.4M

Headquarters

Austin, Texas

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

7%
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Simplify's Take

What believers are saying

  • Ethos Life's tech-driven model allows for quick approvals, making it highly attractive to customers seeking convenience and speed.
  • Partnerships with established entities like Ameritas and AIP Marketing Alliance expand Ethos Life's product range and distribution channels, enhancing market reach.
  • The company's focus on providing affordable rates and a hassle-free experience can attract a broad customer base, driving growth.

What critics are saying

  • Recent layoffs and the departure of key executives like the CFO could indicate internal instability and affect employee morale.
  • The class action lawsuit under Illinois genetic information privacy law could result in legal and financial repercussions.

What makes Ethos Life unique

  • Ethos Life offers a fully online application process, eliminating the need for medical exams, which sets it apart from traditional life insurance providers.
  • The company provides complimentary estate planning tools, such as free wills and estate plans, adding value beyond standard life insurance offerings.
  • Ethos Life's partnership with Ameritas to offer an indexed universal life product exclusively through its platform highlights its innovative approach to product offerings.