Strategic Projects - Internship
Skills
Job description for Strategic Projects - Internship at PasarPolis
Founded in 2015, PasarPolis is Southeast Asia’s undisputed insurtech leader in Indonesia that is challenging industry norms and rebuilding insurance experience by making insurance accessible and affordable for everyone through harnessing technology to deliver innovative and practical products, with a purchase and claims experience that is seamless and fast.
Pioneers of the Insurtech sector in Indonesia, the company’s objective is to democratize insurance by empowering all consumers through PasarPolis’ platform, partners have access to a highly scalable AI-powered platform that facilitates easy onboarding, flexible product creation, and a claims portal. Following the company’s positive consumer response in Indonesia, PasarPolis has now expanded to other Southeast Asian markets, including Thailand and Vietnam.
PasarPolis has demonstrated exponential policy growth since closing of its Series A round in August 2018 participated by three Indonesian biggest unicorns - Gojek, Tokopedia and Traveloka - with the number of monthly policies issued growing more than 80 times ever since. The Company has successfully expanded across the region. To date, we are currently present in Indonesia, Vietnam, Thailand, and we have an R&D Center in India.
In August 2020, PasarPolis completed a US$54 million Series B funding round, which is considered the largest Series B funding recorded for an insurtech firm in Southeast Asia, and potentially it is also the biggest disclosed investment round for insurtech firms in the region. The round included participation from LeapFrog Investments, SBI Investment, Alpha JWC, Intudo Ventures, Go-Ventures and Xiaomi Ventures and will be used to support the company’s growth plan. In February 2021, PasarPolis secured US$5 million funding from World Bank’s sister organization International Finance Corporation (IFC).
All of the above milestones are only achievable due to the trust of all our key stakeholders, including our wonderful PasarPolis talented and hard-working team members who continue to provide outstanding contributions, care and service, day in and day out! In PasarPolis we believe that employees are valuable capital for the organization. This year, PasarPolis became a winner of HR Asia Best Company to work for by HR Asia Awards. We are looking forward to welcoming you to join us in our diverse, passionate and innovative team by delivering insurance for all through technology.
ABOUT THE ROLE
Assisting VP-insurance with regards to products development in digital Lifestyle, monitor business performance within digital lifestyle and credit, and other ad-hoc matters as required.
JOB DESCRIPTION
- Research on insurance product opportunity within digital lifestyle stream (customers, competitors)
- Help maintain project timeline for market research completion and liaise with market research company for day-to-day communication
- Help generate insights for product proposition based on research
- Assist in monitoring business performance for digital lifestyle and credit streams (analyze growth, decline, etc)
- Other ad-hoc required
QUALIFICATIONS AND REQUIREMENTS
- Preference of having previous work experience, 1-2 years
- University degree in Engineering or Business Administration
- Prior experience or interest in Consulting preferred
- Able to prioritize, breakdown problems in a structured manner
- Able to manage multiple stakeholders across different functions
- Able to converse in Bahasa and English, verbal & written
About the company
PasarPolis is a leading Southeast Asia’s insurance technology (insurtech) startup based in Indonesia. Founded in 2015 with a vision to create a more inclusive, holistic, and easily accessible insurance system, PasarPolis aims to become the bridge for the uninsured by providing various insurance protections for all levels of society members. Since its first launch as an insurance aggregator, today PasarPolis has evolved to be a leading provider of unique and affordable insurance products designed specifically for each of its ecosystem partners. Through PasarPolis’ platform, partners have access to a highly scalable AI-powered platform that facilitates easy onboarding, flexible product creation, and a claims portal. PasarPolis has demonstrated exponential policy growth since closing of its Series A round in August 2018 participated by three Indonesian biggest unicorns - Gojek, Tokopedia and Traveloka - with the number of monthly policies issued growing more than 80x ever since. The Company has successfully expanded across the region. To date, we are currently present in Indonesia, Vietnam, Thailand, and we have an R&D Center in India. In August 2020, PasarPolis completed a US$54 million Series B funding round, which is considered the largest Series B funding recorded for an insurtech firm in SEA, and potentially it is also the biggest disclosed investment round for insurtech firms in SEA. The round included participation from LeapFrog Investments, SBI Investment, Alpha JWC, Intudo Ventures, Go-Ventures, and Xiaomi Ventures and will be used to support the company’s growth plan. We also received another funding of US$5 million from IFC in 2021. All of the above milestones are only achievable due to the trust of all our key stakeholders, including our wonderful PasarPolis talented and hard-working team members who continue to provide outstanding contributions, care and service, day in and day out! We
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