Fairmatic

Senior Full Stack Engineer

Tel Aviv-Yafo, Tel Aviv District, Israel

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
AI & Machine Learning, Fintech, InsurtechIndustries

Requirements

Candidates must possess a Bachelor’s degree in Computer Science or Mathematics, or an equivalent qualification, and have at least five years of experience in backend development. Strong Python expertise is required, along with experience in modern backend frameworks and architecture patterns, and familiarity with cloud services and distributed systems architecture, particularly AWS. Candidates should also have proven experience with production-grade, high-scale projects and a solid understanding of databases and RESTful APIs, coupled with experience in web technologies.

Responsibilities

The Senior Full Stack Engineer will be responsible for designing, developing, and maintaining scalable backend systems, leading technical solutions with a focus on robustness and efficiency, mentoring junior engineers and ensuring high code quality standards, collaborating with cross-functional teams globally, and contributing to architectural decisions and engineering best practices. They will also focus on designing and building systems that power the claims experience and demonstrate enthusiasm for learning and adapting to the world of AI.

Skills

Python
AWS
RESTful APIs
Databases
Cloud Services
Distributed Systems
Web Technologies
Backend Frameworks
Architecture Patterns

Fairmatic

Data-driven auto insurance for fleet businesses

About Fairmatic

Fairmatic offers auto insurance solutions tailored for fleet businesses, such as construction and logistics companies, using data and artificial intelligence to enhance operations and reduce costs. Their fleet dashboard provides features like safety tips and digital incident reporting, promoting proactive risk management. Unlike traditional insurance models, Fairmatic's performance-priced insurance allows fleets to lower their premiums monthly based on their performance. The company's goal is to create a more flexible and efficient insurance experience for fleet operators.

Key Metrics

San Francisco, CaliforniaHeadquarters
2019Year Founded
$85.6MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Professional Development Budget
Wellness Program
Remote Work Options

Risks

Increased competition from similar AI-driven insurtech companies.
Rapid technological advancements require costly updates to Fairmatic's platform.
Potential regulatory scrutiny on AI-driven models could increase operational costs.

Differentiation

Fairmatic offers performance-priced auto insurance, allowing monthly premium adjustments.
The company uses AI and telematics data for proactive risk management.
Fairmatic provides a seamless claims management service to expedite fleet recovery.

Upsides

Fairmatic raised $46 million to enhance AI innovation in auto insurance.
Growing demand for usage-based insurance models benefits Fairmatic's business model.
Partnerships with logistics platforms enhance data collection and insurance offerings.

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