Product Manager (Underwriting) at Bestow

| Austin
Sorry, this job was removed at 11:17 a.m. (CST) on Saturday, August 24, 2019
Find out who's hiring in Austin.
See all Product jobs in Austin
Who We Are
First thing you need to know; Bestow is not your typical insurance company. We’ve completely reimagined industry assumptions, and harnessed technology and big data to create life insurance products that aren’t just delightful to use but deliver on our mission: to make financial products accessible to more people than ever before.
Check us out at hellobestow.com
Who We’re Looking For
“Innovative” and “disruptive” can be overused words. But at Bestow, it isn’t jargon, it’s an everyday rally cry. We are rewriting the rules of the 400-year-old, $7 trillion life insurance industry, serving communities who have been underserved in the past, and we believe the future is a bright one.
So, if you’re excited by the idea of building something from scratch, working at a mission-driven company and fundamentally shaking up an age-old industry, please read on.
As a Product Manager for our Underwriting Squad you are responsible for determining what we should build and why we should build it. Our goal is to provide coverage for as many people as possible. You will work closely with our Insurance Products and Data team to create future versions of our underwriting algorithms. This includes researching reasons why people are ineligible and coming up with solutions. Do you want to build products to reinvent a centuries old industry? If so, we'd love to hear from you.
Challenges on which you can expect to work:
Product Strategy
You are responsible for creating a product vision and strategy. You must clearly articulate the business value behind the product and each feature/release. You must work with engineering managers to understand the cost of each initiative. This information must then be used to prioritize building what’s most important.
Some activities you may perform include
Create a prioritized product roadmap in accordance with company OKR’s;
Actively manage, define and measure core KPIs and take appropriate actions to improve them;
Regularly conduct user and customer research to understand needs and validate ideas;
Maintain market awareness related to competitors, market conditions, and industry thought leaders;
Participate in company-wide strategic planning
Product Features
You will prioritize features by making data-informed hypotheses to their expected value compared to expected development cost. This will require making difficult trade-off decisions based on the bandwidth of your design/engineering team. You are responsible for creating detailed technical and user-experience requirements. This will be done by working closely with engineers and designers to ensure the form and fidelity of communication works best for them.
Some activities you may perform include
Create feature one-pagers;
Create a product requirements document;
Ensure the team is defining non-functional requirements such as analytics, security, and scalability;
Make timely, informed decisions about what we build;
Communicate changes in scope
Product Releases
You will work with the Engineering Manager and Technical Project Manager to plan what the team will deliver and the timeline for that delivery. You are responsible for defining what goes in individual releases. This will require coordination with various stakeholders such as Customer Service, Legal, Compliance, and Underwriting. This includes understanding cross-team dependencies and ensuring they get resolved. You are responsible for communicating status throughout the product development process.
Some activities you may perform include
Facilitate release note creation and communicate new releases;
Work with engineering, TPM to define release milestones;
Drive cross-functional execution of projects in the product roadmap;
Regular communication of progress;
Manage and prioritize scope change and bugs along with feature development
Ideation
Bestow is uniquely positioned to create unique, innovative product ideas. Any Bestower could be the source of our next major breakthrough. However, these ideas must be managed and prioritized. You are responsible for owning this idea creation process. This includes generation, curation and eventual promotion to product features. You must ensure that Bestowers know how to contribute their ideas and communicate the status of those ideas as they are promoted (or we decide not to pursue them).
Some activities you may perform include
Create and manage product idea backlog;
Work with design to facilitate “Design Sprints

A Little About You

  • 4+ years in a product management role
  • Experience with SQL. Experience with Python a plus!
  • Experience with underwriting products in financial services or insurance a plus
  • Proven track record of delivering projects on time with high quality
  • Experience writing software functional requirements in agile environment
  • Excellent communication skills, both verbal and written
  • Strong business acumen
  • Knowledge/experience of various software development methods
  • Ability to communicate with different personality types and roles (e.g., engineering, insurance, customer service, customers)
  • Ability to lead without formal authority
  • Comprehensive understanding of usability and interaction design
  • Strong understanding and passion for technology products
  • Previous software development or quality assurance experience is a plus

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. 
Bestow does not currently sponsor applicants for work visas.

Read Full Job Description
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Location

Occupying a former art gallery in Downtown Austin, our spacious and natural light-filled office is located two blocks away from Congress Avenue.