Manager of Insurance Product Analytics *

Job Description

Root was founded on the belief that insurance is a broken industry, and we set out to change it. By getting to the “root” of the issue—the unfair, archaic, complicated insurance business model—and solving it entirely, we set out to transform the insurance world. We're looking for an experienced insurance professional to strategically scale our insurance product analyses, reporting, and create our competitor insights team. As a full-stack insurance company, you'll be able to tap into our talented team of actuaries, data scientists, and software engineers to support your objectives and vision. The ideal candidate is able to step into a fast-paced environment, develop talent management for the team and deliver operational insights to continue to improve our insurance P&L.

Responsibilities

• Continually report on competitor activity and Root’s position in the market including developing an automated framework to understand competitor rate and segmentation changes, competitor and market profitability, and where Root’s pricing sits in relation to the market.
• Compile reports and analytics from various teams to create holistic views on effectiveness of marketing, product offerings and pricing
• Expand analytics in a high fidelity, scalable way to increase actionable insights on marketing, pricing
• Assessment of industry and environmental trends and how that affects insurance P&L including economic and transportation indicators as well as company and industry benchmarks; specifically increasing understanding of local market dynamics such as state specific risks, challenges, changes and opportunities
• Evaluation of past marketing, product, pricing strategies
• High frequency reporting and recommendations to senior leadership on Root position in market to achieve its goals
• Continual assessment of teams capabilities against industry standards and best in class practices
• Team talent development and recruiting
• Thought leadership in analytics expansion

Qualifications

• Bachelor’s degree in Finance, Economics, Business, or related fields required; MBA or related graduate degree preferred
• 6+ years of work experience in personal auto industry with multiple years at a direct to consumer marketing company
• Strong quantitative skills with strong understanding of insurance economics and game theory
• Capable of leading the function with little direction or guidance
• Illustrated past of high operational execution
• Illustrated past of high project management skills
• Experience in managing a team of 3+ people
• High capability of summarizing vast quantities of data and analytics to the most impactful components
• Proven ability to create and peer review analytics in multiple software tools; SQL preferred

Why join Root? Because we believe the best way to move the world forward is the relentless pursuit of ideas. We build things that ought to exist, but would not exist, if we were not building them. We do this through immense dedication to our craft, an unwavering focus on our fellow human beings, and a maniacal obsession with the quality of our creations. Problems stick in our craw, and we don’t let them go until we solve them. We believe in the scientific process and know that experimentation is the best way to find truth. We don’t hold ideas down no matter how crazy they may seem. We foster them, nurture them, and unceasingly test them. If you are the kind of person that loves tackling big problems with a collaborative group of people until you find solutions, you belong here. We believe our customers deserve insurance that is: Fair. We lean on data, not demographic labels. Affordable. We base rates on good driver performance. Personal. We give our customers the power to affect their rates. Easy. We create an intuitive experience. Accessible. We make information clear. Beyond. We are never, ever satisfied with the status quo. Apply for this job