Associate Insurance Product Manager
Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.
At Lemonade, you’ll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.
Unlike most publicly traded companies, we’re nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don’t care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.
We’re built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don’t like spending our days in meetings and we skip committees altogether. At Lemonade, there’s no such thing as going over someone’s head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.
As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.
We׳re looking for a talented Associate Insurance Product Manager to join a growing and dynamic team focused on developing Lemonade’s car insurance offerings.
You’ll collaborate with our actuarial and underwriting experts to ensure we profitably grow Lemonade Car, crafting an experience that makes insurance fast, simple, and delightful. As a member of the Insurance Product team, you will help drive forward our product roadmap, while monitoring and measuring the progress of key initiatives.
What you’ll do
Partner with actuarial and underwriting experts to work on the development of coverage, pricing levels, and eligibility requirements
Collaborate with the Insurance Operations team to facilitate regulatory approval for new features—such as rate changes or product enhancements—and work closely with the Product team to implement them
Research market trends and competitor actions and make relevant recommendations to profitably grow the car business
Gather product specification documents to identify project requirements
Measure the impact of product changes, and ensure the implementation matches what was planned
Manage ongoing product performance, monitoring results and performing maintenance
What you’ll need
4+ years of P&C experience, with 2+ years of relevant personal lines experience (car insurance strongly preferred)
2+ years of experience in product management
Adept at working with and completing analysis on large data sets
Collaborative spirit and top-notch communication skills
Bachelor’s degree in Finance, Economics, Actuarial Science, Statistics, Insurance, or a related field
Analytical, with a knack for identifying trends, communicating results, and taking action
Strong technical skills with Excel and SQL, including building reports and dashboards
At Lemonade we welcome candidates who are enthusiastic about learning and adapting to the exciting world of AI, as a commitment to ongoing growth in this field is a fundamental part of our culture
Ability to work remotely
*Please note that we are unable to sponsor applicants for work visas
Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.
Lemonade's US base salary range for this full-time position is $85,000-115,000 + equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.
Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.