Software Engineer Backend

## About the role We're solving a critical problem for the American homeowner - the exploding cost of homeowners insurance - specifically in natural catastrophe heavy areas. From south Texas to woodland California to the New Jersey shore, consumers are being asked to pay thousands more in insurance premiums every year. For decades, the insurance industry has met the needs of these consumers with a transaction based in PDFs and faxes, and underwriting based on anecdote and human experience. Risk isn't priced accurately, the sale is high friction and confusing, and those who bear the risk have lost over $100b in the past year. This is a $30b TAM space where software can create massive value across multiple dimensions; we at Annex are building a platform connecting the dots between what's best for consumers, insurance agents and reinsurers. ## Our progress - Bootstrapped our way to market and material revenue in a highly regulated vertical in the most difficult market conditions in fifty years - Cofounders inked deals with some of the most sophisticated carriers and insurance retailers in the world as a tiny team - Significantly exceeding traditional venture-backed SaaS growth metrics with fantastic unit economics - with super sticky relationships - Launching several new insurance products and building product surfaces that massively impact user satisfaction - Cash flow positive, venture-backed, and scaling extremely rapidly ## What have we built - Digital sales tooling enabling a 90-second sale, vs multi-day phone/email/fax-based transaction, in a deeply regulated, highly-nuanced industry rife with adverse selection - Direct integration with several underwriting teams at Lloyd's of London and other global speciality insurers focused on natural catastrophe risk - Orchestration middleware that drives the full policy lifecycle: quote, issue, endorse, cancel, reinstate, and renewal - Transactional workflow and batch pipelines for automating complex clerical tasks, such as notifying lenders to scheduling inspections and auto-renewing policies - Internal tools for our underwriting, finops and CSR teams - An API allowing us to deliver offers into digital insurance marketplaces and affinity distribution channels - Custom pricing and underwriting engine that allows us to launch and manage our own insurance programs; we're solving the capital allocation problem from first principles ## What we want to build - Significantly enhance and broaden our core policy lifecycle APIs to enable us to scale profitably - make the hundreds of transactions we perform per day scale to tens of thousands - Extend our core platform to integrate with additional carrier partners enabling us to provide more/better options and products for consumers - Build a consumer-facing portal to better serve insureds - Add APIs enabling agents and consumers to self-serve or work with us via API in novel ways, unlocking differentiated distribution and efficiency gains. Step-change our existing heavily used quote API ## Who we think this is a great role for - A product-minded engineer looking to be the among the first backend-focused hires - Someone eager to build in a high-agility environment in a post-PMF, post revenue startup which is rapidly building tech/product to sustain growth. Everything you build will be critical to Annex's success - Have experience working in an environment with strong engineering culture, and looking to bring that discipline to the pace of a startup - Excited by working on a variety of product and engineering challenges - we're still in the build phase, less the optimize phase - A person with an interest in the intersection of climate and financial services. Our platform saves consumers thousands of dollars, or provides options where there are none ## Required qualifications - 5+ years of professional software engineering experience - Experience designing and shipping product features end-to-end - Experience in Scala or another functional programming language a plus - Fintech or insurtech experience a plus - Bay Area preferred, but open to remote given experience level ## Compensation Compensation would be a mix of cash and equity.