Do You Have What It Takes?

James Birch
Insurtech Gateway
Published in
3 min readJul 5, 2018

I’m super excited to share that we have a new opportunity to join our team at the InsurTech Gateway.

To keep it short, we are looking for someone with the diligence of Sir Trevor McDonald, the drive of Michelle Wie and the swagger of Conor McGregor…

So do you have what it takes?

If so, get in touch with me at james@insurtechgateway.com

Who are we?

The InsurTech Gateway is the world’s first regulated InsurTech venture builder. A combined incubator and early-stage investor, (and not a traditional VC).

The ‘Gateway’ sources and selects early-stage tech businesses in InsurTech and supports them to evolve and shape their business through the early seed phase (0–1). We support them to kick-start and define their idea, prepare them for investment, find product-market fit, and understand their route-to-market and scale.

Created 12 months ago, in a joint venture between leading venture business Hambro Perks and the insurance innovators of the Lumley family, the Gateway is looking to leverage its unique capability of providing startups with investment, regulatory, underwriting and platform support to be the go-to destination for early-stage insurtech ideas.

This is a very exciting time to join the Gateway team, and build the next generation of best-in-class entrepreneurs and startups in an industry in transition.

For more info, check out — www.insurtechgateway.com

Key Responsibilities

Day-to-day

  • Source new Founding teams and set up exploratory calls/clinics with the Team (Office Hours)
  • Analyse market opportunity, size and segments; Propose and defend prospective breakout opportunities
  • Ongoing research emerging spaces across target geographies to identify trends and opportunities that could thrive in the Gateway
  • Execute due diligence on favoured opportunities to inform resource and investment commitments.
  • Actively networking in the European startup ecosystem to generate new dealflow and increase Gateway brand; engaging FinTech/InsurTechs, wider insurance sector, and other Venture Capital funds
  • Finding new and inventive ways to increase the number of startups into the deal funnel
  • Performing weekly presentations of all deals in the pipeline, with updates on progress
  • Documenting calls and meetings, entering deals into CRM (Salesforce)

Investment Due Diligence

  • Creating Investor Committee (IC) presentations/advocating for start-ups during IC; including Financial, Commercial, Technology and Legal Due Diligence
  • Managing deal process of potential investments
  • Build and maintain financial models in Excel; including DCF models and Cap tables

Required Skills and Experience

  • Higher education standard and at least two years of work experience at a startup, high-growth tech company, incubator, VC or seed stage fund, strategy consulting firm, or investment bank
  • Possess an entrepreneur’s mindset; creative; have the ability to be impactful with minimal resources
  • Demonstrated interest in seed stage startups and technology
  • Strong analytical and quantitative skills; Experience of financial modelling and any other investment valuation techniques
  • Superior communication skills, both interpersonal and written
  • Ability to multitask, working on a number of different projects at any given time
  • Good analytical skills, eye for detail, proactive, self-motivated, good presentation skills
  • An understanding and passion for the Insurance/InsurTech and wider FinTech industry

Compensation

  • Competitive salary
  • Private medical insurance and Pension contribution
  • On-target bonus

--

--

James Birch
Insurtech Gateway

Impromptu ramblings of a venture capital newbie - InsurTech Gateway, Co-Founder of Pluto