At a Glance
- Tasks: Manage and develop innovative insurance products while collaborating with diverse teams.
- Company: Join Cover Genius, a fast-growing insurtech recognised for its impact and innovation.
- Benefits: Enjoy flexible work, employee stock options, and opportunities to give back through social initiatives.
- Other info: Dynamic start-up culture with excellent growth opportunities and a commitment to diversity.
- Why this job: Make a real difference in the insurance industry while working with passionate, like-minded individuals.
- Qualifications: 3+ years in insurance product development and strong communication skills.
The predicted salary is between 60000 - 75000 £ per year.
Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, Uber, 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 being ranked as the #1 fastest-growing company in APAC in 2020 by the Financial Times. Our diverse team across 20+ countries commits itself to cultural programs, particularly “CG Gives,” which funds development initiatives in global communities.
About the role
Cover Genius is seeking an Insurance Product Manager / Underwriter to join our insurance product team in developing and sourcing new products, and maintaining and enhancing existing products. You will be responsible for all aspects of products sourced and developed within our operations, including developing and communicating product line strategies, and supporting the partnerships team in providing product solutions to meet partner demands and increase market penetration.
What will your day look like?
- Day to day management of existing product portfolios, including reporting and improvements to underwriting, product and policy wording.
- Support the solutions team in the development of new products across various business verticals and insurance product lines.
- Tailor products for new partners, supporting the partnerships team with customer-centric solutions.
- Monitor regulatory developments across product lines.
To help us level up, you’ll ideally have:
- 3+ years experience in working in insurance product development, pricing and/or underwriting at an insurer or broker.
- Experience in designing and writing policy wordings and other insurance-related documentation.
- Ability to communicate complex ideas in a clear, concise manner both verbally and in writing.
- Problem solving and advocating for customer solutions.
- Knowledge of IDD or Consumer Duty regulations.
- Proven ability to foster and develop relationships with key external and internal stakeholders.
- Excellent organisational skills and the ability to independently take initiative on projects.
- Ability to adapt quickly to a start-up pace environment and culture.
- Produce reports and analyse performance to maximise opportunity and market share.
- A clear understanding of product design and proposition - what makes it a success or failure.
- Experience in product entry strategies, product designs and growing revenue preferred.
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We provide a flexible work environment where our teams are hybrid, working from home on Wednesdays and Thursdays while attending the office on Mondays, Tuesdays, and Fridays with flexibility around start/finish times.
We offer Employee Stock Options to reward our people for their contributions in creating a world-class company. Work with like-minded individuals who are passionate about both the work we’re doing and giving back through our CG Gives programmes.
Sound interesting? If you think you have the best composition of the above, send us your resume and let’s chat!
Equal Opportunity Employment
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 Manager / Underwriter in London employer: Dormont Manufacturing Co
Cover Genius is an exceptional employer that prioritises flexibility and employee well-being, offering a hybrid work environment and stock options to ensure team members share in the company's success. With a strong commitment to diversity and social initiatives, employees are encouraged to grow both personally and professionally while contributing to meaningful projects that protect millions globally. Join a passionate team that values boldness, authenticity, and purpose, making it a rewarding place to advance your career in the insurtech industry.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Product Manager / Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Product Manager / Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Dormont Manufacturing Co, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Dormont Manufacturing Co's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
