Associate Product Manager

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🕒 June 18

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Root Inc.

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2015

💸 Finance

👥 B2C

💰 $200M Post IPO debt on 2024-11

Finance • B2C

Root Inc. is an auto insurance company that uses a mobile app and smartphone sensor telematics to measure driving behavior and price policies primarily based on how safely customers drive. The company offers a "test drive" period to gather driving data, provides in-app quotes, policy management, and claims filing, and sells roadside assistance and other coverages across many U. S. states. Root targets consumer drivers (B2C) seeking usage-based insurance and emphasizes savings for safer drivers.

📋 Description

• Drive results - develop, enhance and maintain the auto product in assigned states; methodically set rate levels, customize franchise products, inform underwriting decisions, manage state idiosyncrasy, and pursue project timelines to achieve profitable growth • Analyze performance - develop reporting and maintain awareness of key performance indicators as they develop in assigned states, escalating concerns and recommending adjustments as required; provide and socialize analytical expertise across the broader state management team • Navigate the competitive landscape - understand emerging market trends, competitor products, customer needs, and regulatory requirements • Manage external relationships - manage relationships with Departments of Insurance and other stakeholders during filings, market conduct exams, and as we refine and advance our insurance products • Collaborate across organization - establish relationships with marketing, claims, underwriting, and distribution teams to ensure productive outcomes for those functions within assigned markets; keep key stakeholders informed regarding status of notable initiatives

🎯 Requirements

• Bachelor’s degree in Business, Finance, Economics, or a related field; professional designations related to insurance are a plus • Hands-on experience with analytical techniques to assess data, identify trends, and provide actionable insights; familiarity with SQL-based data analysis preferred • 3+ years of experience in the insurance industry, preferably in product management, underwriting, analytics or a related role within personal lines insurance • Relentless focus on business outcomes • Mental flexibility to understand and leverage Root’s data-science-driven and technology-forward culture • Ability to communicate effectively across functions, concisely summarizing conclusions from technical analysis • Thrives in a fast-paced work environment, prioritizing and executing on the most critical projects.

🏖️ Benefits

• work where it works best • support you working in whatever location that works best for you across the US