At a Glance
- Tasks: Lead innovative insurance product design and collaborate with teams for market success.
- Company: Join Cover Genius, a fast-growing insurtech protecting millions globally.
- Benefits: Enjoy flexible work, employee stock options, and a culture of giving back.
- Why this job: Make a real impact in the insurance industry with cutting-edge solutions.
- Qualifications: 6+ years in insurance product design; innovative mindset and teamwork skills required.
- Other info: Diverse team culture with opportunities for personal and professional growth.
The predicted salary is between 48000 - 84000 ÂŁ per year.
The Company Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, and many others. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year. Our team and products have been recognised with numerous awards, including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020.
About The Role
As an Insurance Underwriter / Product Innovation Specialist for the EMEA region, you will own the insurance product innovation roadmap. You are the primary resource for coverage analysis, innovation, and pricing, leading customer‑centric designs that maximise value while achieving business objectives. You will manage all aspects of new protection product design and collaborate across partnership and vertical teams to ensure successful market entry.
What will your day look like? You will...
- Handle the development of customer‑centric insurance solutions across various business verticals to support regional growth.
- Partner with Go‑To‑Market and vertical teams to design product solutions, prepare proposals and conduct financial modelling for new and existing partnerships.
- Own the go‑live execution and technical launch of new insurance solutions from an operational perspective.
- Execute the strategic product roadmap by collaborating with internal teams to enhance customer experience and meet partner goals.
- Drive continuous improvement of key product metrics, including NPS, operational costs and loss ratios.
- Standardise insurance products by creating repeatable templates and portfolios to accelerate regional speed‑to‑market.
- Maintain deep subject matter expertise in specific product lines, including coverage innovations, pricing trends and regulatory developments.
To Help Us Level Up, You’ll Ideally Have
- A minimum of 6 years’ experience in insurance product design; having a pricing or actuarial background is a plus.
- Track record in developing innovative protection products.
- Experience working cross‑functionally to deliver large and complex projects.
- Bachelor’s degree in a relevant field; a postgraduate degree and/or record of academic achievement is also desirable.
- Ability to adapt quickly to a start‑up pace environment and culture.
Why Cover Genius?
- Flexible Work Environment - Our teams are hybrid. We work from home on a Wednesday and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.
- Employee Stock Options - we want our people to share in our success, rewarding them with ownership for their contribution in creating a world‑class company.
- Work with like‑minded people who are passionate about both the work we’re doing and giving back.
- Our CG Gives programs enable us all to become philanthropists through our peer recognition and rewards system.
Cover Genius promotes diversity and inclusivity. We don’t tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
Insurance Product Innovation Manager employer: Cover Genius
Contact Detail:
Cover Genius Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Product Innovation Manager
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and insurtech space, especially those connected to Cover Genius. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your expertise! Prepare to discuss innovative product ideas or recent trends in insurance during interviews. We love candidates who can think outside the box and bring fresh perspectives.
✨Tip Number 3
Be ready to collaborate! Highlight your experience working cross-functionally. We want to see how you can work with different teams to drive product innovation and enhance customer experience.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're genuinely interested in being part of our dynamic team at Cover Genius.
We think you need these skills to ace Insurance Product Innovation Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Insurance Product Innovation Manager role. Highlight your experience in product design and any innovative projects you've led. We want to see how your skills align with our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for insurance innovation and how you can contribute to our team. Be authentic and let us know why you're excited about working with Cover Genius.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use metrics and examples to demonstrate how you've successfully developed insurance products or improved customer experiences in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Cover Genius
✨Know Your Product Inside Out
Before the interview, dive deep into Cover Genius's insurance products and their unique features. Understand how they integrate with partners like Booking Holdings and Amazon. This knowledge will help you demonstrate your expertise in product innovation and show that you're genuinely interested in the role.
✨Showcase Your Collaborative Spirit
Since this role involves working cross-functionally, be ready to share examples of past collaborations. Highlight how you've successfully partnered with different teams to launch innovative products. This will illustrate your ability to work within diverse teams, which is crucial for success at Cover Genius.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and creativity in product design. Prepare scenarios where you've developed customer-centric solutions or improved product metrics. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
✨Emphasise Your Adaptability
Cover Genius thrives in a fast-paced environment, so be prepared to discuss how you've adapted to change in previous roles. Share specific instances where you quickly adjusted your strategies or approaches to meet evolving business needs, showcasing your readiness for a start-up culture.