Full-Time

Account Insurance Executive

Commercial Auto

Confirmed live in the last 24 hours

Fairmatic

Fairmatic

51-200 employees

Data-driven auto insurance for fleet businesses

Fintech
Financial Services

Mid, Senior

Remote in USA

Category
Insurance
Finance & Banking
Requirements
  • Licensed P&C Producer for 3 + year
  • Experience in commercial auto, trucking, or other fleet products (TRIP Designation a plus!)
  • Experience closing 6+ figure monoline auto policies & mid to large size fleets
  • Managed 7-8 figure book of business (revenue) and/or growth targets
  • Knowledge of: commercial lines insurance, production management, underwriting, claims, and broker business operations
  • Proven technical aptitude and/or experience in a tech start-up, you should be equally eager explaining the newest trends in AI as insurance!
  • Growth mindset and strong sense of ownership over results, we want someone who expects to grow their skills, aptitude, and career at Fairmatic
Responsibilities
  • Work as the primary liaison between Broker Relationship management team and Underwriting teams, eventually owning the production of full product line
  • Own the quoting and sales process funnel, work with Brokers & Underwriting to negotiate policies, present quotes, and ensure smooth hand off to Customer Success team
  • Own and prioritize your funnel of qualified submissions and quote with a white glove approach, own Q/B conversion
  • Maintain relationships with brokers nationally; make marketing calls to the agencies/brokerages and/or quote presentations on behalf of the BRM. (Some travel may be required)
  • Partner with our Strategic National Sales Team to support our highest priority & largest accounts
  • Be the primary liaison & funnel manager for aggregators, managing the high volume sales funnel that comes from aggregator partners
Desired Qualifications
  • TRIP Designation a plus!

Fairmatic offers auto insurance solutions tailored for fleet businesses, such as construction and logistics companies, using data and artificial intelligence to enhance operations and reduce costs. Their fleet dashboard provides features like safety tips and digital incident reporting, promoting proactive risk management. Unlike traditional insurance models, Fairmatic's performance-priced insurance allows fleets to lower their premiums monthly based on their performance. The company's goal is to provide flexible and efficient insurance solutions that help fleet businesses operate more safely.

Company Stage

Series B

Total Funding

$85.6M

Headquarters

San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

2%

1 year growth

3%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Fairmatic raised $46 million to enhance AI innovation in auto insurance.
  • Growing demand for usage-based insurance models benefits Fairmatic's business model.
  • Partnerships with logistics platforms enhance data collection and insurance offerings.

What critics are saying

  • Increased competition from similar AI-driven insurtech companies.
  • Rapid technological advancements require costly updates to Fairmatic's platform.
  • Potential regulatory scrutiny on AI-driven models could increase operational costs.

What makes Fairmatic unique

  • Fairmatic offers performance-priced auto insurance, allowing monthly premium adjustments.
  • The company uses AI and telematics data for proactive risk management.
  • Fairmatic provides a seamless claims management service to expedite fleet recovery.

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Benefits

Unlimited Paid Time Off

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Professional Development Budget

Wellness Program

Remote Work Options