VP, Insurance
Company
Cover Genius
Location
Other US Location
Type
Full Time
Job Description
The Company
Cover Genius is a Series D insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
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Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
As a VP, Insurance on our Insurance Team, you willown the strategic management and P&L oversight for existing and new programs for the team in Europe. You will build on the existing Insurance team infrastructure, expand our Insurance capabilities and expertise and deliver sustainable, innovative and profitable protection products to our insurance and distribution partners.
To drive success in this role, you will have extensive experience in the Insurance industry as a Commercial Lead; leading commercial negotiations and having a deep understanding of the insurance value chain and its dynamics. Experience in managing multiple external and internal stakeholders with competing priorities and incentives is key.Â
As the VP, Insurance you will focus on profitable growth, a key imperative is to maintain and manage a competitive portfolio across the region, as well as maximise value and revenue for Cover Genius within the region. An important element of success in the role in the development of long term, strategic and equitable relationships with the EMEA Insurance ecosystem. Regular collaboration with Executive Leadership, Strategic Partnerships, Legal, Compliance and external regulators, third party primary and reinsurance partners will be key in ensuring we drive bottom line underwriting profitability for Cover Genius insurance entities
What you will bring;
- 8+ years of experience in the insurance industry as commercial director or senior underwriter with P&L responsibility over a product line or group of clients.
- Proven experience in running a growing and diversified portfolio of business to profitability
- In-depth understanding of the insurance industry, including pricing, analytics and close interactions with actuarial teams.
- Exposure and good understanding of different insurance structures across the MGA, insurance and Reinsurance space
- Client facing experience with senior management to negotiate contracts or to strategise on how to grow the business and/or to drive profitability.
- Excellent report writing skills, experience preparing reports and presentations for Senior management / Committee or Board review.
- Be pragmatic, solutions-oriented and efficient.
- Conscientious with developing collaborative relationships with business stakeholders
- Ability to think strategically to design solutions and then translate those solutions into actionable programs of work.
- Strong network amongst UK & EMEA insurance carriers and broader industry.
- Ability to work collaboratively as a member of cross-functional teams (Incl. sales, business development, product and finance) to deliver high quality outcomes to timelines
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible Work Environment - we are outcome focussed and understand that for our people to perform at their best flexibility is critical.
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• Employee Stock Options - we want our people to share in our success, we reward 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 enables us to all become philanthropists through our peer recognition and rewards system.
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• Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* 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.
Date Posted
05/09/2024
Views
6
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