Bestow

Senior Product Manager, Growth and Partnerships

United States

$140,000 – $160,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Consumer Software, Fintech, Enterprise SoftwareIndustries

Position Overview

  • Location Type: Remote / Hybrid (Dallas Headquarters)
  • Job Type: Full-Time
  • Salary: $140K - $160K

Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.

About Bestow & The Team

Bestow is focused on expanding the capabilities of its platform to meet a large market opportunity. The Product Management team is divided into two groups:

  • Platform: PMs who work on specific modules of the platform (team size of 6 currently)
  • Growth: PMs who work on large cross-functional projects that span modules of the platform (team size of 4 currently)

Collectively, they serve the needs of Enterprise customers to make their life insurance products accessible to as many customers as possible. They work closely with cross-functional teams both within Bestow and externally at Enterprise customers to understand the needs of the industry and how the platform needs to evolve. Culturally, they value collaborative team-players, solving complex problems and workflows that require high levels of cooperation among in-house insurance experts, designers, and engineers to build modernized tooling for the insurance industry.

Responsibilities

  • Interface with carrier customers and the sales team to identify market expansion opportunities.
  • Champion and optimize Bestow’s land & expand GTM strategy.
  • Create innovative solutions with platform PM, UX/design, engineering, and other internal counterparts to capitalize on opportunities.
  • Build compelling business cases and advocate for resources internally.
  • Demo solutions externally to carrier customers and guide them to see the value in our standard platform functionality.
  • Launch, measure, gather user feedback, and iterate.

Requirements

  • 4+ years in a product management role
  • Experience working on an Enterprise SaaS platform or in partnerships
  • Experience working in insurance or fintech
  • Experience leading cross-functional customer-facing meetings
  • Excellent communication skills

Application Instructions

  • (No specific application instructions provided in the job description)

Company Information

  • Bestow participates in the E-Verify Program.

Skills

Product Management
GTM Strategy
Business Cases
Market Expansion
Cross-functional Collaboration
Stakeholder Management
Customer Discovery
Solution Design

Bestow

Digital platform for life insurance solutions

About Bestow

Bestow offers a digital platform for purchasing life insurance, focusing on making the process quick and easy for individuals. Their technology streamlines the application process using advanced underwriting methods, allowing customers to receive instant decisions on their coverage. Bestow's software manages the entire insurance lifecycle, which helps reduce costs and enables the rapid launch of new insurance products. Additionally, the company utilizes data solutions to enhance customer data for better marketing strategies and audience targeting. Unlike traditional insurance providers, Bestow emphasizes a user-friendly experience and affordability, with coverage starting at $11 per month. Their goal is to provide accessible life insurance while maintaining high customer satisfaction, as evidenced by their excellent ratings and A+ Better Business Bureau score.

Dallas, TexasHeadquarters
2017Year Founded
$133.8MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
201-500Employees

Benefits

Competitive salary
Equity
Annual bonus based on company and individual performance
Flexible PTO plan
Medical, dental, & vision insurance
Paid parental leave
Annual lifestyle spending account
Flexible work-from-home policy
Learning & development opportunities

Risks

Departure of key compliance officer may affect regulatory risk management.
Pending Sammons acquisition could alter Bestow's strategic direction.
Recent layoffs and low website traffic indicate potential customer engagement challenges.

Differentiation

Bestow offers a digital platform simplifying life insurance purchase processes.
The company uses advanced underwriting technology for quick insurance application decisions.
Bestow's data-driven approach optimizes marketing and audience segmentation.

Upsides

Growing demand for digital insurance solutions boosts Bestow's market potential.
Partnership with Transamerica enhances Bestow's market reach and credibility.
InsurTech investments provide growth opportunities for Bestow's technology-driven solutions.

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