Who’s Clearcover? 

Clearcover is the smarter car insurance company. We use powerful technology to offer everyday drivers better coverage for less money. We’re proud to be one of the fastest growing startups in Chicago, and we’re currently looking to add a few more extraordinary people to our team.

What is the Insurance Product Director/AVP at Clearcover?

We are seeking an Insurance Product Management leader to provide countrywide management of our core lines of businesses and advance Clearcover’s business objectives. In this role you will be accountable for designing and managing personal lines insurance products at a national level. You will collaborate with claims, servicing, and product and technology teams to develop, implement and monitor insurance products, strategies, and systems that balance and optimize growth, profitability and operating costs.

What will the Insurance Product Director/AVP do?

• Help us build an insurance product organization that is willing to think about operations and output from first principles.
• Help create insurance product strategy, drive rapid insurance product development and support all state expansion efforts. 
• Share overall P&L responsibility; develop insurance business/product strategies to maximize value creation through sustainable growth and high-quality customer experiences.
• Analyze and monitor insurance product performance to make data-based decisions regarding underwriting, coverage, and pricing to drive continuous improvement.
• Act as a product line expert and maintain a thorough knowledge of product features and benefits, as well as industry product trends; provide product expertise to various internal areas, including product, engineering, growth, and claims. 
• Foster competitive intelligence through monitoring of competitor pricing and product activities.
• Monitor compliance issues at the state level and frequently collaborate with internal legal functions on critical audits/exams; with a significant influence on the outcome of the audit / exam resolutions.
• Build relationships with key insurance departments and legislators to facilitate approvals.
• Engage and explore external vendors for products and services that will enhance our current offerings.
• Manage/mentor/develop analysts and product managers.

What the Insurance Product Director/AVP will bring?

• 10+ years progressively more responsible work experience in insurance product management or a related field.
• Bachelor’s Degree required.
• Solid organizational skills and ability to balance multiple priorities in a dynamic environment.
• Direct experience applying customer lifetime value concepts to pricing and profitability decisions.
• Exceptional analytical, quantitative, and problem-solving skills with a deep intellectual curiosity and an ability to make data-based decisions.
• Must be able to lead through influence, rather than authority only. Also must be a team player and able to operate as a “player-coach.”
• Personal lines experience strongly preferred
• A passion for learning and improvement

What’s in it for you?

• Unlimited vacation, we hire adults 
• Equity for all employees, so you own a piece of the pie too 
• Dental and Vision, we've got you covered 100%
• Medical, we cover the vast majority of your premiums to make the cost of you and your family's coverage affordable. Plus, we contribute to your HSA and HRA (cha-ching)
• Flexibility to work remotely
• We invest in your future by contributing 3% of your salary to a 401(K), even if you don't
• Come to work pre-taxed through our FSA commuter benefits 
• And yes, we have unlimited LaCroix, beer, snacks and the occasional ice cream social 

Clearcover is an Equal Opportunity Employer (EOE) that welcomes and encourages all applicants to apply regardless of age, race, color, religion, sex, sexual orientation, gender identify and/or expression, national origin, disability, veteran status, marital or parental status, ancestry, citizenship status, pregnancy or other reasons prohibited by law.