Senior Product Manager, Kalepa
$140-190k
+ Equity (range: 0.05% – 0.15%)
AI-driven commercial insurance provider
Job no longer available
AI-driven commercial insurance provider
21-100 employees
Job no longer available
$140-190k
+ Equity (range: 0.05% – 0.15%)
21-100 employees
Company mission
Kalepa's mission is to leverage its human-AI commercial insurance platform to help identify the true risks of businesses and find the insurance coverage that they need.
Role
Who you are
- You have 4+ years of product management experience
- You are comfortable being involved in technical decisions and are a strong partner with engineering counterparts
- You love to hustle: finding ways to get things done, destroying obstacles, and never taking no for an answer. The words “it can’t be done” don’t exist in your vocabulary
- You love being the voice of the customer. You understand their problems and needs in detail and always look for better ways to address them
- You can ship software products efficiently and on-time
- You are energized by building beautiful and effective products that our customers will benefit from and love to use
- You value open, frank, and respectful communication
- You are data-driven, with a knack for combining quantitative and qualitative feedback and insights
What the job involves
- You will be expected to take ownership of various product aspects of Copilot, Kalepa’s core product: working closely with engineers, designers, and other technical resources to deliver on Kalepa’s product vision and unlock value for users
- You will be expected to deliver on the roadmap and execution of Copilot, and contribute to Kalepa’s culture and commercial success
Otta's take
Theo Margolius
COO of Otta
Insurance products that are underwritten at the Efficient Frontier are essential for businesses to mitigate financial risk, but one-size-fits-all approaches to insurance results in many coverage plans being unfairly priced. The reason for this is that whilst businesses each present their own unique set of hazards, identifying them for each company is an incredibly lengthy process for human underwriters.
Kalepa leverages human-interrupted artificial intelligence to identify the true hazards of a business through a data-driven approach and provide insurance that is priced accordingly. The company claims that it reduces the time that insurance providers take to provide quotes by over 40% and helps businesses save over $15M in losses, whilst also improving coverage uptake for insurance providers.
Whilst the commercial insurance sector is certainly oversaturated, Kalepa stands out by providing its AI-driven underwriting platform to insurance providers, helping them compete through faster quotes and lower prices. In addition to its underwriting platform, the company also provides its solutions in the form of embeddable APIs, and recently formed a new MGA that will underwrite excess casualty risks using Everspan paper.
Insights
Company
Company benefits
- Very aggressive bonus structure, designed to reward exceptional performance
- Significant equity options package
- Work with an ambitious, smart, global, and fun team to transform a $1T global industry
- Excellent benefits: 100% covered medical, 100% covered vision and dental, very generous PTO, and others
- Global team offsites
Company values
- Customer Focus - We are laser focused on delivering Efficient Frontier Insurance and addressing the challenges of businesses and the carriers, brokers, and technology platforms which serve them. When our customers win, we win
- Hustle and Grit - Obstacles? Climb over them, around them, under them, through them, or simply eliminate them. With tenacity and perseverance, we can make the impossible a reality
- Transparency - We are direct. We know that clear and constant feedback is essential to improvement. The only way to the truth is for everyone to advance their ideas
- Meritocracy - Results speak volumes. Consistent excellence is key to our success as individuals and as Kalepa. We recognize, encourage, and reward merit often and with conviction
- Experimentation - The scientific method is in our DNA. We drive more value and increase impact every time we iterate. We balance data-driven ideas with accountability
Company HQ
Flatiron District, New York, NY
Founders
Paul Monasterio
(CEO)Vice President of Applied Predictive Technologies from 2010 to 2016. Experience working in Strategy and Measurement for Facebook.
Daniel Hillman
(COO)Vice President of Sales for Applied Predictive Technologies from 2009 to 2015. Vice President of Sales for Mastercard from 2015 to 2018.
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