Full-Time

Insurance Product Manager

Car

Updated on 3/14/2025

Lemonade

Lemonade

1,001-5,000 employees

Digital insurance with social impact initiatives

Compensation Overview

$110k - $130kAnnually

+ Equity + Benefits

Senior, Expert

No H1B Sponsorship

Remote in USA

We cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico, and Puerto Rico.

Category
Product Management
Product
Required Skills
Market Research
Product Management
SQL
Looker
Data Analysis
Requirements
  • 7+ years of P&C experience, with a minimum of 5+ years of personal lines insurance experience in either product development, product management or state management
  • Bachelor’s degree in Business, Insurance, Finance, Economics, Statistics, or related field
  • Strong technical skills with SQL, Looker, or similar systems, including building dashboards or reports, preferred
  • Exceptional analytical skills and attention to detail, with a knack for identifying trends and taking action
  • Advanced Microsoft Office skills (including MS Word, Powerpoint, and Excel)
  • Superior organizational and project management capabilities, comfortable managing multiple priorities in a fast-paced environment
  • Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture
Responsibilities
  • Advance our countrywide forms, policy language, and pricing plans
  • Partner with our actuarial and underwriting experts to work on the development of coverage, pricing levels, and eligibility requirements
  • Collaborate with the Insurance Operations team to facilitate regulatory approval, working closely with the Product team to implement new features
  • Research market trends and competitor actions to make insightful recommendations to profitably grow
  • Manage effectiveness of current product performance and recommend improvements and enhancements
  • Measure the impact of product changes to support learnings for the future
Desired Qualifications
  • Strong technical skills with SQL, Looker, or similar systems, including building dashboards or reports, preferred

Lemonade offers a digital insurance platform that allows users to quickly sign up for coverage for various needs, including personal belongings, homes, pets, families, and cars, all through a single app. The platform operates by collecting premiums from users, and any unused premiums are donated to a charity chosen by the user through a feature called Giveback. This unique approach has enabled Lemonade to contribute over $4 million to non-profit organizations globally. Unlike traditional insurance companies, Lemonade emphasizes social impact and community support, aiming to transform the insurance experience by making it more accessible and socially responsible.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Lemonade's partnership with Toyota Insurance opens new distribution channels.
  • Expansion into pet insurance taps into a growing market.
  • AI-driven processes align with the digital transformation trend in insurance.

What critics are saying

  • Proposed 43.8% rate hike in New Jersey may face regulatory challenges.
  • Stock price surge could lead to unsustainable market expectations.
  • Partnership with Toyota may strain operational resources.

What makes Lemonade unique

  • Lemonade uses AI and behavioral economics to streamline insurance processes.
  • The Giveback program donates unused premiums to charity, enhancing social responsibility.
  • Lemonade offers instant insurance coverage through a single app for multiple needs.

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Benefits

Health Insurance

401(k) Company Match

Paid Vacation

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Coverage
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Coverage
Dec 17th, 2024
Lemonade Seeks 43.8% Rate Hike For New Jersey Homeowners

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