Senior Product Manager at Honeycomb Insurance

Chicago, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, InsurTech, Real EstateIndustries

Requirements

5+ years of product management experience
Experience in market research
Experience with customer engagement and feedback collection
Great communication skills. Ability to talk with anyone in the company and get to an understanding of how you can help each other
Great analytical skills that will be used for understanding opportunities, prioritization and measurement
Ability to think creatively and strategically

Responsibilities

Conduct thorough market research to understand industry trends, customer needs, and the competitive landscape. Use these insights to inform product strategy and development
Engage directly with customers through various channels to gather feedback and understand their pain points and desires. Transform these insights into actionable product features and enhancements
Work closely with the marketing, sales, underwriting and development teams to align product development with market needs and marketing strategies
Develop and maintain a product roadmap that aligns with market trends and company objectives. Ensure the product vision is communicated effectively across all levels of the organization
Keep a close eye on competitor products and market moves. Analyze their strategies to inform our product positioning and differentiation
Utilize data analytics to make informed decisions about product direction and priorities
Collaborate with the marketing team to develop and execute effective go-to-market strategies for product launches and updates
Establish and maintain a system for collecting, analyzing, and acting on customer and market feedback

Skills

Key technologies and capabilities for this role

Market ResearchCustomer EngagementProduct StrategyProduct RoadmapCompetitor AnalysisCross-Functional Collaboration

Questions & Answers

Common questions about this position

What is the salary range for the Senior Product Manager position?

The salary range is 160K - 190K.

Is this role remote or does it require working from an office?

This information is not specified in the job description.

What are the key skills required for this Senior Product Manager role?

The role requires 5+ years of product management experience, experience in market research and customer engagement, great communication skills, great analytical skills, and the ability to think creatively and strategically.

What is the company culture like at Honeycomb Insurance?

Honeycomb celebrates innovation, fosters a meaningful culture where employees feel deeply connected to the mission and each other, and features smart people who challenge you to be better every day. It was ranked by Newsweek as one of “America’s Greatest Startup Workplaces” and by Calcalist as a “Top 50 Israel startup.”

What makes a strong candidate for this Senior Product Manager role?

A strong candidate will have 5+ years of product management experience, proven skills in market research, customer engagement, communication, analytics, and creative strategic thinking.

Honeycomb Insurance

Real estate insurance for property owners

About Honeycomb Insurance

Honeycomb Insurance simplifies real estate insurance for condo associations, homeowners associations (HOAs), building owners, property managers, and developers. The company provides instant quotes and cost savings of up to 40% by using advanced technology and expert advice. Unlike competitors, Honeycomb focuses on a people-centered, tech-driven approach that streamlines the insurance process. Its goal is to make real estate insurance more efficient and accessible for a diverse range of clients.

Chicago, IllinoisHeadquarters

2019Year Founded

$53.2MTotal Funding

SERIES_BCompany Stage

AI & Machine Learning, Financial ServicesIndustries

51-200Employees

Benefits

Health Insurance

Stock Options

401(k) Retirement Plan

Unlimited Paid Time Off

Paid Holidays

Risks

Increased competition from other AI-driven insurtech firms could erode market share.

Regulatory challenges may arise as Honeycomb expands into new states.

Cybersecurity threats could compromise Honeycomb's technology and client data.

Differentiation

Honeycomb offers instant online condo building master policies, a unique market proposition.

The company uses AI to bypass traditional property inspections, enhancing efficiency.

Honeycomb's tech-driven model provides up to 40% cost savings for clients.

Upsides

Recent $36M Series B funding supports expansion and AI innovation.

Operating in 16 states, Honeycomb plans to triple insured assets next year.

AI-driven underwriting reduces costs and improves risk assessment accuracy.

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