Full-Time

Head of Retention

Confirmed live in the last 24 hours

Insurify

Insurify

51-200 employees

Digital platform for insurance comparison

Fintech
Financial Services

Senior, Expert

Cambridge, MA, USA

Hybrid position requiring in-office presence.

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree required, in technical or business management fields preferred. Master’s degree is a plus.
  • Minimum 7 years of relevant experience in a consumer facing, B2C organization preferred.
  • Experience successfully developing, implementing and evolving customer retention and expansion strategies and tactics.
  • Strong focus on results and impact, sharp attention to detail and the ability to manage multiple projects and stakeholders.
  • Expertise in using data and analytics to inform strategic decisions, turning insights into impactful retention initiatives.
  • Exceptional problem-solving skills are exceptional, allowing you to decompose complex issues and diagnose key problems effectively.
  • Strong business-minded outlook and can effectively balance user experience, commercial partner needs, and business goals.
  • Your communication and interpersonal skills are excellent, enabling you to engage and influence effectively with cross-functional teams and stakeholders.
  • Team leadership experience
Responsibilities
  • Design and Execute Retention Strategy and Programs: implement data-driven initiatives to increase repeat visits and purchases with focus on maximizing customer lifetime value.
  • Own Business Performance: establish and track key retention metrics, cross-team KPIs to ensure visibility and accountability for retention efforts.
  • Customer Insights: Analyze data to identify trends that drive user engagement, find insights, act as voice of customer.
  • Leadership: lead a high-performing retention-focused team to drive results: lead a cross-functional team (Lifecycle Marketing, Analytics, Product, Customer Service) to integrate retention efforts across the customer journey.
  • Strategic Collaboration and Roadmap Development: Work closely with key stakeholders to formulate a comprehensive retention roadmap, ensuring alignment with organizational goals and market demands.
  • Develop Cross-Sell and Upsell Programs: Identify and implement cross-sell and upsell opportunities by developing strategies that offer additional value to customers through complementary products or services.

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.

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