Matic

Electrical Design Engineer

Mountain View, California, United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Consumer Goods, Consumer GoodsIndustries

Requirements

Candidates should have a degree in Electrical Engineering or a related field and experience in subsystem design and prototyping. Proficiency in schematic capture and hardware debugging is required, along with skills in component selection and hardware bug tracking.

Responsibilities

The Electrical Design Engineer will be responsible for subsystem design and prototyping, including component selection and schematic capture. They will also handle prototype bring-up, debugging, and hardware bug tracking to ensure functionality.

Skills

Schematic capture
Subsystem design
Component selection
Prototype bring-up
Debugging
Hardware bug tracking
Functional testing
Validation
Electrical engineering

Matic

Simplifies home and auto insurance shopping

About Matic

Matic simplifies the process of obtaining home and auto insurance by providing a digital platform that allows consumers to quickly compare quotes from a network of 40 A-rated insurance carriers. Customers enter their information, and Matic's system retrieves various quotes in seconds, helping them find the best rates and save an average of $639. Unlike traditional insurance shopping, Matic streamlines the experience, saving time and money for users. The company also partners with mortgage servicing organizations to ensure accurate home information, which enhances the accuracy of the quotes. Matic stands out from competitors with its focus on workplace culture, having received multiple awards for its environment where employees feel valued. The goal of Matic is to make the insurance shopping experience quick, easy, and cost-effective for consumers.

Key Metrics

Columbus, OhioHeadquarters
2014Year Founded
$76.4MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
401(k) Retirement Plan
Stock Options
Professional Development Budget

Risks

Increased competition from new insurtech startups could erode Matic's market share.
Rapid technological advancements may strain Matic's financial resources for platform upgrades.
Potential regulatory changes could impose additional compliance costs on Matic.

Differentiation

Matic integrates insurance into home and auto ownership, enhancing customer experience.
The platform offers quick quote comparisons from 40+ A-rated carriers.
Matic partners with mortgage servicers to ensure accurate home information for insurance quotes.

Upsides

Matic raised $30M to expand partnerships and enhance its technology platform.
Partnerships with USA Mortgage and GVC Mortgage expand Matic's market reach.
Embedded insurance trend supports Matic's streamlined purchasing process.

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