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Full-Time

Principal Product Manager

Posted on 6/18/2024

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

$130k - $217kAnnually

Senior, Expert

San Francisco, CA, USA

Category
Product Management
Product
Required Skills
Sales
UI/UX Design
Marketing
Requirements
  • 7+ years of experience as a product manager in a high-growth technology company
  • At least 4 years of experience as a direct-to-consumer PM, including 2+ years in building, launching, and scaling zero-to-one products
  • 3+ years of high-quality startup experience is strongly preferred
  • Proficiency in leveraging data, customer insights, user psychology, and first principles thinking
  • Strong UX and design sensibilities
  • Experience in optimizing conversion rates and ARPU within digital and sales funnels
  • Strong analytical orientation with a focus on logical, data-driven decision-making
  • Demonstrated ability to work cross-functionally with diverse stakeholders
  • Unyielding drive to set and pursue ambitious goals
  • Exceptional ownership mindset
  • Ability to balance strategic big bets with tactical, incremental improvements
Responsibilities
  • Develop and launch zero-to-one, end-to-end insurance and insurance-adjacent product experiences
  • Collaborate closely with the marketing team to devise the go-to-market strategy
  • Enhance conversion rates in tandem with the in-house sales team
  • Maintain a data-driven approach for analysis and refinement
  • Lead a high-performing, cross-functional team through influence

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%
Simplify Jobs

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.
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