Insurance Product Director, Car

Remote, United States | Insurance | Full-time

Not your everyday company

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.

At Lemonade, you'll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.

Unlike most publicly traded companies, we're nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don't care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.

We're built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don't like spending our days in meetings and we skip committees altogether. At Lemonade, there's no such thing as going over someone's head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.

As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.

Awarded 'best workplace'

Best Workplace and Best-Led Company by Inc. Magazine

"World Changing" by Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

Ranked #1 Home insurance in America

Won best renters and homeowners insurance in America by US News, and others

Best Pet Insurance in America

Rated "Best Overall Pet Insurance" by Better Homes & Gardens

Rated 4.9 on the App Store

Among the highest rated apps of all time

What you're applying for

We're looking for an Insurance Product Director to guide a growing and dynamic team focused on building the most loved car insurance.

You'll lead the Insurance Product team for Lemonade Car, directing the dedicated insurance functions and helping us to profitably grow our customer base. Focusing on how we can continuously improve our car product offering, you'll define actions to balance profitability, growth, and customer delight in order to meet P&L objectives.

In this role you'll

• Lead the design and ongoing development of our current and future car insurance offerings, bringing innovative ideas and creative thinking to improve risk quality, pricing accuracy, and customer experience
• Collaborate with Actuarial, Underwriting, and Insurance Operations experts to lead the development of coverage, pricing levels, and eligibility requirements
• Partner with Engineering and Growth teams to prioritize and implement these features, with user experience always at the forefront
• Monitor key financial results, product profitability, and competitive intelligence, while communicating relevant info to stakeholders across the organization
• Steer team resourcing and capacity
• Promote best-in-class processes, underpinned by advanced technology to support the growing needs of a fast-growth line of business

What you'll need

• 12+ years of personal lines insurance product or state management experience, with experience managing large teams at top-tier, national carriers, or consultancies
• Relevant prior experience in personal lines and auto, strongly preferred
• Bachelor's degree in Business, Insurance, Finance, Economics, Statistics, or related field
• Proven track record of managing countrywide or regional product enhancement and development-including rate levels, risk segmentation, risk selection, and policy forms
• Experience collaborating with engineering and data science teams
• Ability to communicate complex concepts in a simple way to audiences of all backgrounds
• Highly analytical, with a knack for identifying trends, relaying results, and taking action
• Comfortable with new technologies, prioritization challenges, and simultaneously handling multiple, large-scale projects
• Ability to work remotely

*Please note that we are unable to sponsor applicants for work visas

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

Lemonade's US base salary range for this full-time position is $185,000-$205,000 equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.

Things to know...

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.