Full-Time

Carrier Relationship Manager

Confirmed live in the last 24 hours

Insurify

Insurify

51-200 employees

Digital platform for insurance comparison

Fintech
Financial Services

Senior

Remote in USA

Preferred location is Cambridge, MA, but open to remote work.

Category
Business Development
Business & Strategy
Required Skills
Market Research
Data Analysis
Requirements
  • Bachelor’s degree in Business, Marketing, or a related field.
  • 5-10 years of experience in business development or B2B sales within the insurance industry or at an Insurtech company.
  • Proven success in achieving and exceeding targets, developing relationships and analyzing data.
  • Strong knowledge of the insurance industry, including digital customer onboarding and core insurance products.
  • Excellent communication, negotiation, and presentation skills.
  • Ability to effectively engage with senior leaders at insurance carriers and decision-makers.
  • Comfortable working with and analyzing data, with proficiency in CRM software, data analysis, and BI platforms.
  • Self-motivated, results-driven, and capable of working independently in a fast-paced environment.
Responsibilities
  • Own relationships with existing insurance carrier partners including identifying opportunities to grow revenue and sales volume while acting as the day-to-day main point of contact for the carrier.
  • Prepare and deliver persuasive presentations including periodic business reviews and proposals for new products and opportunities.
  • Stay informed about industry trends, regulatory changes, and emerging technologies to ensure our solutions remain competitive.
  • Work with data and BI platforms to assess insurance carrier partner performance, identify issues and opportunities, and make recommendations.
  • Conduct market research to identify trends, competitive landscape, and potential growth areas.
  • Manage the entire sales cycle for new insurance carrier partners, from prospecting and qualification to contract negotiation and deal closure.
  • Communicate effectively with B2B customers and internal teams, including product teams, to implement recommendations and evaluate the performance of changes.

Insurify is a digital platform that allows users to compare different insurance policies easily. By answering a few simple questions, clients receive real-time quotes from various insurance providers, helping them find the best coverage for their needs. This process is straightforward and transparent, with no hidden fees, and users can potentially save significant amounts on their annual premiums. Unlike many competitors, Insurify operates on a commission-based model, earning money from insurance providers for each policy sold through its platform, which allows it to offer its services for free to users. The goal of Insurify is to simplify the insurance purchasing process and help clients make informed decisions about their insurance needs.

Company Stage

N/A

Total Funding

$149.8M

Headquarters

Cambridge, Massachusetts

Founded

2013

Growth & Insights
Headcount

6 month growth

6%

1 year growth

4%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with major firms like MassMutual and Santander Consumer expand Insurify's market reach and credibility.
  • The platform's ability to save users up to $717 on annual premiums makes it highly attractive to cost-conscious consumers.
  • Insurify's upcoming pet insurance offering diversifies its product portfolio, potentially attracting a new customer segment.

What critics are saying

  • Rising auto insurance costs could deter potential users from engaging with the platform.
  • Dependence on commissions from insurance providers may limit revenue growth if fewer policies are sold.

What makes Insurify unique

  • Insurify's platform offers real-time quotes from multiple insurance providers, simplifying the comparison process for users.
  • The company’s commission-based model allows it to provide free services to clients, unlike some competitors who charge fees.
  • Insurify's team includes seasoned personal finance writers and insurance industry experts, ensuring high-quality content and advice.

Help us improve and share your feedback! Did you find this helpful?