Fairmatic

Senior Software Engineer - Backend - Platform

Bengaluru, Karnataka, India

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

Requirements

Candidates should possess 3-5 years of experience as a Software Engineer, with a focus on backend development and platform architecture. Strong proficiency in designing and developing scalable, high-performing products and data pipelines is required, along with experience in collaborating with product management and cross-functional teams. Familiarity with internal coding standards and a commitment to continuous improvement are also necessary.

Responsibilities

The Senior Software Engineer will be responsible for designing and developing scalable, high-performing products, features, and data pipelines, partnering closely with product management and other teams to iterate on features and user requirements. They will also craft code that aligns with internal standards, independently understand business requirements and ship new features, and collaborate with the engineering team on larger projects while embodying Fairmatic's values.

Skills

Data pipelines
Scalability
Reliability
Data ingestion
Vendor integrations
Risk analysis
Python
AWS
SQL
Data modeling
API development

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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