Pricing Associate
Cover Genius
Operations
United States · Remote
Posted on Aug 12, 2024
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 a Pricing Associate on our NOAM Insurance team, you will own the pricing integration and financial analysis for our diverse range of insurance products. Ideally, you should be working towards being an Actuary, and be deeply passionate about technology and innovation in product development.
To drive success in this role, your ability to analyze data efficiently, navigate complex insurance programs, and collaborate with both internal teams and external stakeholders is crucial to delivering innovative solutions that satisfy key growth and profitability objectives. As the Pricing Associate you will conduct pricing and performance analysis for Cover Genius's current and upcoming protection offerings, assess financial viability of these products. Regular collaboration with Claims, Integration and Insurance Product Manager teams will be key in ensuring successful implementations.
What will your day look like? You will...
- Work closely with the Insurance and Partner Services team to design and implement our unique insurance products.
- Analyze the database to monitor existing insurance products to optimize pricing structure and segmentation.
- Provide pricing insights and recommendations to internal and external stakeholders to support business decisions.
- Contribute to the development and implementation of product strategy through pricing to achieve business objectives, with a keen eye towards ensuring rate adequacy and overall underwriting profitability whilst maximizing CG revenue.
- Support the ongoing underwriting performance monitoring with actuarial techniques and assist in the production of loss ratios and other key insurance metrics for different product / market segments.
To help us level up, you'll ideally have:
- Completion of at least 4 SOA/CAS exams and working towards completion of ASA/ACAS is preferred.
- At least 1 to 3 years experience working in General Insurance lines of business preferred.
- Strong technical, analytical and mathematical skills.
- Advanced SQL and Excel skills, demonstrated by the ability to create complex queries, automate data processes, and perform detailed financial analyses.
- Programming skills in R and/or Python skills desirable.
- Bachelor's degree in Actuarial Science, Data Science, Statistics or Mathematics.
To be successful, you'll bring:
- Results driven focus with an emphasis on producing outstanding results.
- Exceptional analytical skills for interpreting complex data and deriving actionable insights.
- Passion for technology and innovation, always seeking to improve and streamline processes.
- Strong communication and teamwork skills to collaborate effectively with cross-functional teams.
- Meticulous attention to detail to ensure accuracy in financial analysis and pricing strategies.
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
Salary Range
The base salary range for this role is between $76,000 and $114,000. The total compensation package also includes equity, and the opportunity for additional earnings through our annual bonus or variable commission plans.
We believe in transparency, and this salary range bracket is designed to provide a clear understanding of the potential earnings associated with this role. Your skills and contributions are highly valued, and we look forward to welcoming you to our team.
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
