Insurance Product/Underwriter, Associate Director - EMEA - Cover Genius

Job Title: Insurance Product/Underwriter, Associate Director - EMEA
Job Location: London
Job Listing URL: https://jobs.lever.co/covergenius/5ee15b9c-6798-4539-9077-4a3f66e8c57e
Job Description: 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

About the Role

As Insurance Product/Underwriter, Associate Director - EMEA within our Insurance Team, you will own and lead the development and optimisation of CG’s product proposition across all verticals. Key goal is to develop innovative yet standardised product propositions with our insurance partners that can be seamlessly rolled out / scaled and that maximise revenue. In addition, you will be responsible for reviewing all aspects of existing products to review commercial performance and regulatory compliance with a view of making recommendations to improve overall performance.

To drive success in this role, you will have extensive product / underwriting experience, strong commercial acumen, a good understanding of General Insurance and a track record in developing and placing innovative product solutions. You will lead product discussions with insurer partners and collaborate with our Partnerships and Partners Services teams to ensure products meet Partner objectives.
What will your day look like? You will...
Working with the Global Solutions team to lead the development of new and innovative product propositions across all verticals that maximise revenue
Leading product development discussions with insurer partners and influencing them to support new products
Undertaking detailed product reviews to identity growth initiatives with distribution partners
Developing Product Governance Framework to ensure products are regularly reviewed against key commercial and compliance KPIs and updating senior team on performance and recommendations
First line of compliance defense with product reviews, claims feedback loop and fair value assessments
Manage team in the region and ensure timely delivery of priorities
Drive an innovative and disruptive culture within the business and with our partners while ensuring the highest standards of conduct are maintained
To help us level up, you'll ideally have:
Ideal candidate will possess a minimum of 7 years experience in the insurance market at a broker, insurer or MGA with a focus in developing innovative product propositions / underwriting
At least 2 years of experience with regard to controlled and sound business practice, administrative and managerial skills, and general and specific professional knowledge in the MGA field
Track record in developing innovative product propositions that disrupt markets and maximise revenue
Experience in influencing insurers through data and compelling presentations to adopt product innovations
Ability to communicate complex ideas in a clear, concise manner both verbally and in writing
Problem solving and advocating for customer solutions
Experience working in producing business in multiple markets around the world is an advantage
Demonstrate experience in product entry strategies, product designs and growing revenue
Being analytical and comfortable manipulating data to identify product optimisation opportunities