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

Market Research

Customer Engagement

Product Strategy

Product Roadmap

Competitor Analysis

Cross-Functional Collaboration

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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