Insurance Analyst and Support | Finance at Beta Technologies

South Burlington, Vermont, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Aviation, Insurance, FinanceIndustries

Requirements

Insurance experience and willingness to grow into a subject matter expert
Familiarity with potential sources of risk and mitigation strategies
Strong focus on process, diligence, compliance, and reporting
Accounting and financial analysis experience to support compliance and reporting requirements
Proficient with Microsoft Office tools, including Excel and spreadsheets, and the ability to use database software
Excellent communication and interpersonal skills for collaboration with various business teams
High energy, self-motivated, organized, and detail-oriented
Strong problem-solving skills and outside-of-the-box thinking
Valid driving license

Responsibilities

Update systems and files with current customer and supplier information related to insurance certificates
Support process development with stakeholders to standardize compliance requirements and documentation
Provide benchmarking data analysis and reports as requested
Coordinate case processes and filings related to corporate insurance with broker
Provide timely and accurate responses to data requests and inquiries regarding insurance programs
Monitor and catalogue the receipt of insurance binders, policies, and endorsements
Organize underwriting data requests; assist with insurance applications and creating underwriting submissions for renewals/modifications
Provide analysis to support underwriting, claims, budgeting, and investment decision making
Stay abreast and share insurance industry standards, policies, changes, and news
Undertake research on current market risk initiatives
Provide additional support needs of risk and finance teams

Skills

Insurance Analysis

Risk Management

Compliance

Data Analysis

Reporting

Benchmarking

Underwriting

Insurance Certificates

Process Development

Claims Processing

Budgeting

Beta Technologies

Develops eVTOL aircraft and charging systems

About Beta Technologies

BETA Technologies develops electric vertical take-off and landing (eVTOL) aircraft and the charging infrastructure needed to support them. Their eVTOL aircraft are designed for both passenger and cargo transport, providing a sustainable alternative to traditional air travel. The company also installs and maintains charging systems, ensuring that clients have the necessary support for electric flight. BETA Technologies stands out from competitors by offering a comprehensive solution that includes both the aircraft and the infrastructure, catering to commercial airlines and logistics companies. The goal of BETA Technologies is to make air travel greener, safer, and more efficient, contributing to a significant reduction in carbon emissions in the aerospace sector.

South Burlington, VermontHeadquarters

2017Year Founded

$1,171.2MTotal Funding

SERIES_CCompany Stage

Automotive & Transportation, Energy, AerospaceIndustries

501-1,000Employees

Risks

Increased competition from companies like ORB Aerospace could impact Beta's market share.

Dependence on state funding poses risks if government priorities shift away from electric aviation.

Rapid technological advancements could render Beta's offerings obsolete without continuous innovation.

Differentiation

Beta Technologies focuses on clean aviation with electric aircraft and propulsion systems.

The company offers a comprehensive eVTOL ecosystem, including aircraft and charging infrastructure.

Beta Technologies targets commercial airlines and logistics companies for sustainable air transport solutions.

Upsides

Beta Technologies raised $318 million in Series C funding in October 2024.

The FAA's updated eVTOL certification processes benefit Beta Technologies' aircraft approval.

Increased interest in urban air mobility drives demand for Beta's eVTOL aircraft.

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