Kin Insurance

State Manager

Remote

$100,000 – $125,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

Candidates should possess at least 3 years of relevant insurance product experience and 4 years of functional experience, along with a Bachelor’s degree in business management, mathematics, or finance.

Responsibilities

The State Manager will own P&L for multiple states and drive business growth across all insurance lines, executing state and product strategies, optimizing customer experience, retention, conversion, and pricing. They will analyze data and feedback to refine coverage offerings, streamline the application process, and enhance satisfaction, collaborating with tech teams to improve agent and customer experiences and navigating regulatory approvals and filing necessary changes. Additionally, the State Manager will identify opportunities to automate and improve internal processes, serve as a company expert on state-specific insurance markets, and define product-market fit leveraging customer insights to enhance offerings.

Skills

Insurance Product Management
P&L Management
Data Analysis
Customer Experience Optimization
Regulatory Compliance
Project Management
Process Automation
State Insurance Regulations
Cross-functional Collaboration

Kin Insurance

Simplifies home insurance for homeowners

About Kin Insurance

Kin Insurance simplifies the home insurance experience for homeowners, especially those living in coastal areas. The company offers clear and straightforward insurance options that are easy to understand and obtain, addressing the complexities and high costs typically associated with home insurance. By providing direct-to-consumer policies, Kin eliminates the need for brokers or agents, which helps reduce costs and allows for more personalized service. This model fosters a closer relationship with clients, enhancing customer satisfaction. Kin uses technology and data to offer competitive rates and tailor coverage to meet individual homeowner needs. Their commitment to transparency and customer support is evident, with many clients saving an average of $500 when switching to Kin. The goal of Kin Insurance is to make home insurance more accessible, affordable, and customer-focused, distinguishing itself in the competitive insurance market.

Key Metrics

Chicago, IllinoisHeadquarters
2016Year Founded
$317.1MTotal Funding
SERIES_DCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Medical, dental, and vision
Life & disability
Commuter benefits
401k
Education & professional development
Flexible PTO
Company provided lunch

Risks

Increased competition from insurtech companies like Lemonade and Hippo.
Potential impact of climate change on coastal areas could raise claims costs.
Regulatory challenges in new markets like Texas may complicate operations.

Differentiation

Kin Insurance offers direct-to-consumer policies, eliminating the need for brokers.
The company uses extensive property data for precise pricing and improved underwriting.
Kin focuses on coastal homeowners, providing tailored insurance solutions for high-risk areas.

Upsides

Kin's expansion into Texas taps into an underserved market with high demand.
The company achieved a $1bn valuation, securing its Unicorn status in 2023.
Kin's technology-driven model ensures competitive rates and personalized service.

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