About Beam:
Beam was founded in 2012 by three engineers who saw the opportunity to modernize the dental benefits industry using technology. Today, Beam Benefits is a digitally-led employee benefits company that offers dental, vision, life, disability, and supplemental health coverage. The company simplifies and modernizes the $100+ billion ancillary benefits industry through its leading dental insurance product, breadth of ancillary benefits, AI-powered underwriting, diversified distribution channels, and next generation benefits administration technologically-driven customer experience.
Joining Beam Benefits Means:
-Working in a complex and dynamic business, simultaneously serving customers across employee benefits insurance product lines and growth and service channels
-Collaborating with a diversely skilled team to continuously improve
-Being empowered as an owner and expert
-Being motivated by improving how people access employee benefits
What You Will Bring:
You are an experienced insurance product professional in the employee benefits vertical with subject matter expertise in either dental and vision insurance or life, disability, and supplemental health insurance. You have demonstrated the ability to analyze product-market fit of insurance products in bespoke markets and have a solid understanding of how to affect the features of the product to achieve sales velocity. You are a self-starter who thrives in leading cross-functional teams and taking ownership of complex product initiatives from ideation to execution.
You have experience working cross-functionally to lead individual work streams alongside various stakeholders (technical product teams, actuarial, legal/compliance, operational teams, sales, and marketing teams).
You have exposure to insurance contracts and pricing levers with the ability to build the right product features for a given market segment. You have demonstrated the ability to leverage data and market analysis to optimize product features and improve sales performance, ensuring strong product-market fit. You are up to date on industry trends, competitive intelligence, and build successful strategies based on this knowledge. You are adept at pivoting strategies based on market evolution and customer needs, ensuring product innovation aligns with industry trends and competitive dynamics. You possess deep knowledge of regulatory requirements and legal frameworks governing insurance products, ensuring all product developments comply with state and federal laws.
What You Will Do:Analyze product-market-fit for assigned markets, segments, and products and help build features that enable profitable growth goalsOwn and drive the full product lifecycle, from initial concept through launch and continuous improvement, ensuring alignment with market demands and organizational goalsResponsible for owning specific work streams during new product launches in coordination with Product and Engineering, Actuarial, Legal & Compliance, Operations, and RevenueContribute new, innovative ideas to the insurance product roadmap to meet quarterly and annual outcomes with consideration of the 3-5 year outcomesAnalyze insurance contract and market trends to inform long term strategies for market access, market expansion, and profitabilityConsult on the insurance structure of specific products including administration, insurance paper, and reinsuranceCollaborate closely with cross-functional teams to translate market insights into actionable product features, ensuring that legal, actuarial, and operational considerations are integrated into the product strategyAct as a consultant to internal teams on insurance matters to provide subject matter expertise and inform on strategiesIncorporate customer insights and feedback into product development, ensuring that solutions are tailored to meet market needs and drive customer satisfactionWhat Skills Will Help You Be Successful:A college degree or equivalent experience in insurance products at employee benefits businesses3-5 years experience working with employee benefits products and insuranceExposure to the development of new insurance products, including contract optimization, regulatory filings, pricing and underwriting strategy, and administrative set upExperience partnering with multiple stakeholders across organizations including product and engineering, actuarial, legal and compliance, operations, and revenueExperience working in a customer-centric, product-focussed organizationStrong problem-solving skills and an agile mindset, enabling you to respond effectively to emerging challenges and opportunitiesStrong critical thinking and communication skillsCompensation and Benefits:
-Competitive base salary with attractive variable compensation structure
-Performance-based bonuses and incentives
-Comprehensive benefits package, including health, dental, and vision insurance
-401(k) plan with company match
-Flexible time off
-Opportunity to participate in Beam's equity program
