Openly

Vice President, Analytics (Remote, US)

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, InsurtechIndustries

Requirements

The Vice President, Analytics must be a critical advisor to the Board and executive team, possessing a deep understanding of business operations through an analytical lens. This role requires partnership with leaders across the organization to drive company strategy and results, setting and monitoring OKRs and KPIs, and recommending actions for business improvement. A strong grasp of financial planning, forecasting, and strategic financial models, including the ability to back up key assumptions with analysis, is essential. The candidate must own the data strategy, ensuring data accuracy and accessibility for decision-making, and drive efficiency in analytics and business operations to lower costs with scale. Experience leading Operational Analytics & Reporting, Business Intelligence & Data, and Financial Planning & Analysis teams is required.

Responsibilities

The Vice President, Analytics will advise the Board, executive team, and leadership on business performance and strategic direction. They will partner with organizational leaders to drive company strategy and results, set and monitor OKRs and KPIs, and recommend actions to improve business performance. This role involves owning the financial plan, forecasting, and strategic financial model inputs and outputs, as well as setting targets and monitoring progress for critical initiatives. Additionally, they will own the data strategy, ensuring data accuracy and availability, and drive efficiency across analytics and the business. The responsibilities include leading Operational Analytics & Reporting to identify actionable opportunities, influencing strategic decision-making through analysis, and leading Business Intelligence & Data to make raw data actionable via self-service tools. The role also encompasses Financial Planning & Analysis, including preparing financial plans, forecasts, and performance analysis for various stakeholders, and driving financial modeling to support strategic initiatives.

Skills

Data Analysis
Leadership
Data-Driven Decision Making
Analytics Strategy
Team Management
Insurance Industry Knowledge

Openly

Home and landlord insurance solutions provider

About Openly

Openly modernizes the home and landlord insurance market by providing premium insurance products through independent agents. Their policies, underwritten by a financially stable carrier, focus on comprehensive coverage for homeowners and landlords. Openly uses advanced technology and data analytics to offer accurate pricing and better risk assessment, ensuring clients receive fair premiums and quality service. The company aims to simplify the insurance process, making it easy for clients to manage their policies while enhancing customer satisfaction.

Boston, MassachusettsHeadquarters
2017Year Founded
$231.2MTotal Funding
SERIES_DCompany Stage
Data & Analytics, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
Parental Leave
401(k) Company Match
Home Office Stipend
Professional Development Budget
Wellness Program

Risks

Rapid expansion could strain operational capabilities and customer service quality.
New carrier launch may face regulatory challenges in 17 states.
Focus on technology exposes Openly to risks of tech failures or cyber threats.

Differentiation

Openly uses advanced data analytics for accurate pricing and risk assessment.
The company partners with independent agents for personalized service and expert advice.
Openly offers a streamlined quoting and claims process for enhanced customer satisfaction.

Upsides

Openly raised $100M in Series D funding to expand operations and business reach.
The company serves 30,000 independent agents across 21 states in the U.S.
Integration of AI in underwriting enhances risk assessment and customer satisfaction.

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