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Overview
WeatherBill, as featured in the Economist, Wall Street Journal, Financial Times & Newsweek (see articles below) is a fast-growing, well-funded, exciting startup founded by ex-Google execs.
We are looking for a talented and proven Business Development professional with deep experience and insight within the US Insurance markets. The successful applicant will have a demonstrable track record in driving new private label & partner programs and relationships within the Major Insurers, Brokers, Reinsurers, and MGA's.
The role is to identify, prospect, develop, close, and manage new distribution channels for our unique and groundbreaking weather-risk products. After 2 successful years in business, our technology and partner program is now ready to take to the largest insurance players.
Who You Are:
• Proven ability with 5 years+ working a senior sales or business development role targeting insurance corporations with insurance products. Experience developing new products in new markets a big plus.
• A smart, analytical, personable, and extremely talented salesperson who wants to hit the phones and be involved in a challenging and world-changing opportunity.
• Self-motivated, hard-working, eager to create deals that can garner mass distribution of our products.
• Highly adept in prospecting, qualifying, structuring, negotiating, and closing partnership deals and strategic alliances.
• A proven ability to see an opportunity well ahead of the curve and energize people around it.
• A quantitative-minded person with a solid understanding of finance and risk management. You should be able to describe complex financial instruments using an easy-to-understand summary.
What You'd Do:
• Work closely with management to identify target companies and programs within insurance.
• Prioritize opportunities by requirement, size and speed.
• Starting, qualifying, pursuing and negotiating deals will be the majority of the role.
• Manage relationships of the customers you create, ensuring they are receiving adequate support and are renewing.
What We Offer:
• A driven, motivated, and talented team that believes in working hard and playing hard.
• Energetic, idea-driven and transparent work environment.
• Exciting world-changing opportunity - we are striving to do something very big about something that affects everyone.
• Great location: SF's SOMA neighbourhood, 10 mins from BART, cool & open office.
• Competitive salary, equity and great benefits.
• Relocation expenses as required.
About WeatherBill
• from The New York Times “WeatherBill, a start-up that turns global warming from a threat into a business opportunity, on Wednesday captured a $12.5 million first round of funding.” (continue reading)
• from The Economist. “WeatherBill, an online venture launched last year, allows companies and individuals to weatherproof revenues” (continue reading)
• from Financial Times “Weather is rapidly becoming the centre of the one of the most attractive sectors in the financial markets. Increasing volatility in the weather is helping to fuel the trading of related derivatives, or futures contracts that allow investors to bet on or hedge against fluctuations in the weather.”(continue reading)
• from Reuters “Insuring against weather-related calamity in this era of global warming might seem the work of bean counters and actuaries. But a study by WeatherBill, an Internet firm offering weather-related risk cover for individuals, as well as companies and governments, says the global economy could expand by up to $258 billion if such contracts were more widely purchased." continue reading at Reuters
• from Washington Post & Tech Crunch. “The insurance is being provided through WeatherBill, a weather-related startup founded by ex-Googler David Friedberg in early 2007.” (continue reading)
• from Newsweek "The idea of insuring vacationers against bad weather seems so compelling that in June the online travel company Priceline utilized a WeatherBill contract to offer a promotion called Sunshine Guaranteed. Under its terms, customers who booked a vacation during certain dates received a refund of airfare, hotel and rental-car costs if it rained more than one-half inch during at least half the days of the trip." continue reading at Newsweek
• from Rough Notes. “[WeatherBill] provides the only online service that allows businesses to protect revenue and/or control costs associated with the adverse effects from weather. Further, it democratizes weather protection, by giving customers the power to create and implement weather coverage when and where they need it, based on the specific type of ‘bad weather’ protection they need.” continue reading at Rough Notes
For more information about WeatherBill, please visit our website at http://www.weatherbill.com/about
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Our Mission
WeatherBill is the first service to provide affordable and easy-to-use weather coverage to protect revenue and control costs for the millions of businesses impacted by the weather.
WeatherBill coverage is safe and reliable. There is no unnecessary paperwork, no claims process, no proof-of-loss and no waiting for payment. WeatherBill is the only service that enables customers to customize, price and buy weather coverage online in just minutes, and pays automatically when bad weather occurs.
In addition to weather coverage, WeatherBill provides free services for businesses affected by the weather. Our free weather correlation tools help individual businesses understand how weather impacts their financial performance. Our research reports provide insight into the ways weather affects all industries. We believe every business should understand how the weather affects demand, yields, costs, schedules and the bottom line. WeatherBill can provide the earnings protection critical to every weather sensitive business.
Our People
We are a fun team offering a great place to work. We strive to make a significant impact on the world and have fun doing it. Our team is an experienced group - we have worked at companies as diverse as Google, Intuit, Wells Fargo, Risk Management Solutions, Lawrence Berkeley Lab, and more. We want to work with the brightest and the best, and are always looking for smart people interested in joining our team.
Address
420 Bryant St, San Francisco, CA 94107, USA