Fairmatic

Strategic Finance Manager

Atlanta, Georgia, United States

Fairmatic Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsurtechIndustries

Requirements

Candidates should possess a Bachelor’s degree in a relevant field of study and have at least 5 years of experience in management consulting or FP&A roles at insurance firms, such as carriers, brokers, or MGA companies, with experience scaling from $5M-$100M ARR or higher. Strong reporting and analytics acumen, familiarity with platforms like SFDC and Hubspot, and experience with topline forecasting are required. Knowledge of the insurance industry and a ‘can-do’ attitude are also preferred.

Responsibilities

The Strategic Finance Manager at Fairmatic will own financial and revenue forecasting tools, including the annual planning process, build and manage dashboards, KPIs, and forecasting models to drive data-informed decisions, support reporting and optimization of funnel conversion and activity metrics across all product lines, partner with Product and Engineering to build tools for financial forecasting, partner with Sales, Underwriting, Marketing, and customer engagement teams to streamline processes and ensure alignment with business objectives, act as a conduit to growth product & operations, advise on new product/class launching strategy, partner with insurance teams to support change management initiatives, and support on carrier relationship management.

Skills

Financial forecasting
Data analysis
KPI development
Dashboard management
Forecasting models
Cross-functional collaboration
Process optimization
Automation
Revenue modeling
Partnership building

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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