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Senior Director, Strategic Partnerships

πŸ•’ July 28

🏈 Ohio – Remote

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πŸ’΅ $183.6k - $229.5k / year

⏰ Full Time

🟠 Senior

πŸ’° Account Manager

πŸ‘» Ghost score 8%

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Logo of Root Inc.

Root Inc.

1001 - 5000 employees

Founded 2015

🚘 Automotive

πŸ’Ό Consulting

πŸ›‘οΈ Insurance

πŸ’° $200M Post IPO debt on 2024-11

Automotive β€’ Consulting β€’ Insurance

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.

πŸ“‹ Description

β€’ Serves as the executive leader responsible for Root's Financial Institutions vertical through long-term strategies and multi-year business plans β€’ Build and manage a robust pipeline of enterprise partnership while leading complex C-suite negotiations and structuring innovative commercial models utilizing Root’s embedded insurance capabilities β€’ Develop trusted executive relationships across national and regional banks, credit unions, digital banks, FinTechs, and payments infrastructure companies β€’ Represent Root throughout the financial services industry by speaking at conferences, participating in executive forums, and acting as an embedded insurance thought leader β€’ Partner cross-functionally with Product, Engineering, Legal, Compliance, Finance, Marketing, Analytics, and Operations to prioritize product investments, ensure seamless partner implementations, and align strategic roadmaps β€’ Drive annual growth objectives across new writings, premium, revenue, and profitability while building accurate performance forecasts, for senior leadership

🎯 Requirements

β€’ 12+ years of executive business development, strategic partnerships, enterprise sales, or financial services experience β€’ Preferred experience in Banking, FinTech, Embedded Finance, Embedded Insurance, or InsurTech β€’ Demonstrated capability building and scaling new business verticals, distribution channels, or enterprise partnerships with Fortune 1000 organizations β€’ Deep executive network and active relationships across banks, credit unions, FinTechs, payment providers, and financial technology companies β€’ Strong financial and commercial acumen with demonstrated experience structuring complex partnership agreements and building business cases β€’ Technical familiarity with APIs, embedded technologies, SaaS platforms, or digital financial products β€’ Exceptional executive communication, negotiation, and presentation skills to effectively influence C-suite stakeholders β€’ Hands-on experience launching embedded financial products, SaaS solutions, or strategic programs in regulated ecosystems β€’ Ability to travel approximately 30% of the time or as needed to support partner relationships

πŸ–οΈ Benefits

β€’ Eligible for competitive bonus and equity offering β€’ Flexible work arrangements

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