Insurance Product Designer

The Company

Cover Genius is a Series E 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.

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

Purpose of Role

Cover Genius Insurance Product Designers are the resident experts on insurance product designs globally and the go-to resource for coverage analysis, innovation, and pricing. The Insurance Product Designer is responsible for leading and managing all aspects of products and benefits designed within our operations. The insurance Product Designer will lead customer centric insurance product designs to maximize value delivered to customer while achieving our business objectives.

Key responsibilities:

• Develop insurance solutions across various business verticals, supporting regional business unit teams with customer-centric solutions. 
• Work closely with the insurance partnership team on developing product solutions for new partnerships and preparing proposals and financial modeling. 
• Ownership for the development and execution of the strategic product roadmap and working closely with other internal teams to drive better customer experience.
• Collaborate with the regional insurance teams to get market feedback and support the regional teams in their conversations with the insurers.
• Continuous improvement of our product benefits to improve NPS, operational costs, and loss ratios by collaborating with cross-functional teams, including customer, insurance, and analytics.
•  Create standardized insurance products, and support regional insurance teams for launching them.
• Continuing development of depth of knowledge of specific product lines, including coverage innovations, pricing changes, and regulatory developments

To be successful in this role you will bring:

• Ideal candidate will possess a minimum of 6 years' experience in insurance product design, having pricing or actuarial background is a plus. 
• Track record in developing insurance products
• Experience working cross functionally to deliver large and complex projects.
•  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
• 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 analyze performance to maximize opportunity and market share
• A clear understanding of product design and proposition - what makes it a success or failure
• Experience working in producing business in multiple markets around the world is an advantage
• Experience in product entry strategies, product designs and growing revenue
• Professional approach
• Ability to work under pressure
• Organisational and time management skills
• Excellent attention to detail
• Confident manner
• Positive approach to change

Why Cover Genius?  

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 PTO. Taking time out is important for our teams to enjoy life and stay fresh.

• 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.

• 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.