Full-Time

Customer Success Manager

Updated on 11/15/2024

Federato

Federato

51-200 employees

AI platform for underwriting efficiency

AI & Machine Learning
Financial Services

Compensation Overview

$140k - $180kAnnually

Senior

Remote in USA

Category
Customer Experience
Customer Success
Customer Success & Support
Customer Success Management
Sales & Account Management
Required Skills
Product Management
Customer Service
Data Analysis
Requirements
  • 5+ years of experience in P&C or Specialty insurance, specifically underwriting, operations, product, process or systems strongly preferred
  • Experience in customer success, customer service or other client-facing, relationship management positions a plus
  • Outstanding ability to take a consultative approach, communicate and nurture positive business relationships
  • Accountability, and personal organization are essential, project management skills and agile methodology are a plus
  • Experience in leading a diverse group and training each according to needs and core values
  • Both a leader and a do-er, able to be both strategic and effective at execution
  • Strong business acumen and executive presence to convey credibility at all stages
  • Technology savvy, and an innovative problem solver
  • A business, risk management, communications or marketing degree is helpful
Responsibilities
  • Be curious, listen deeply to our users and get creative to ensure that we are solving "people problems" in the insurance ecosystem
  • Own the entire post-sales experience including onboarding, implementation, renewals, up-sells, and strategic account management
  • Act a trusted advisor and advocate internally by working cross-functionally to deliver on customers need
  • Be the expert when it comes to our product and industry and ensure we are providing and communicating our value to decision makers
  • Build and maintain strong relationships with key stakeholders and influencers at our client
  • Use data to develop insight and understanding of customer’s business needs, goals and product utilization
  • Identify and position opportunities for revenue growth and expansion

Federato.ai operates in the insurance industry, focusing on underwriting with its main product, RiskOps. This platform utilizes artificial intelligence to improve the underwriting process, enabling underwriters to make more accurate and efficient decisions. By streamlining operations, RiskOps helps insurance companies, particularly in the surety space, to provide faster and smarter services to their clients and agents. Federato.ai distinguishes itself from competitors by integrating AI into an industry that has been slow to embrace new technologies, allowing underwriters to concentrate on creative and strategic aspects of their roles. The goal of Federato.ai is to enhance the performance of insurance companies while reducing their operational costs through improved efficiency and accuracy in underwriting.

Company Stage

Series B

Total Funding

$38.9M

Headquarters

Palo Alto, California

Founded

2020

Growth & Insights
Headcount

6 month growth

25%

1 year growth

20%

2 year growth

68%
Simplify Jobs

Simplify's Take

What believers are saying

  • Federato's recent $25M Series B funding round, led by prominent investors like Caffeinated Capital, indicates strong financial backing and growth potential.
  • Strategic partnerships with companies like Cognisure and Ledgebrook enhance Federato's market position and expand its influence in the insurance industry.
  • The appointment of experienced leaders in marketing and sales, such as Lisa Khoury and Seth Egliht, positions Federato for accelerated market penetration and customer acquisition.

What critics are saying

  • The insurance industry’s slow adoption of new technologies could hinder Federato's growth and market acceptance.
  • High dependency on AI and data accuracy may pose risks if the technology fails to deliver expected results or faces regulatory challenges.

What makes Federato unique

  • Federato.ai's RiskOps platform leverages AI to enhance underwriting precision and efficiency, a significant advancement in an industry traditionally slow to adopt new technologies.
  • The integration with Google Cloud's AI capabilities further strengthens Federato's platform, offering insurers a more flexible and trustworthy AI journey.
  • Federato's focus on the surety space and its ability to deliver faster, more intelligent services sets it apart from broader insurance technology providers.

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