Finance

Build the engine of economic ambition at Mandl. Commercial insurance is the quiet force that lets ambition outrun risk, but the outdated and generic system it’s built on is failing our modern economy.

Mandl is an AI company fixing that by rebuilding the engine of commercial insurance from the inside out. In doing so, we’re advancing economic ambition and abundance.

Our roots are in building successful solutions to enormous, unglamorous problems that affect the macroeconomy. Before founding Mandl, our CEO Rushil Goel built Samsara’s (NYSE: IOT) fleet business to more than $500 million in revenue. He then founded Nirvana, a Mandl company, with one of the country’s top actuarial scientists, which has now grown to more than $300 million in run-rate premium with top-tier loss ratios. Vega, our AI-native claims administrator, already resolves claims four times faster than the industry standard. And Cooper, the AI operations platform we built on first principles for the insurance industry, turns 12 to 15 hours of broker work into about ten minutes.

At Mandl, we hire builders who want to create that same kind of impact and scale. If that sounds like you, we’d love to talk. Mandl is backed by General Catalyst, Lightspeed Venture Partners, Valor Equity Partners and others, with $300M+ raised. We’re headquartered in San Francisco.

The Role You will lead execution and value creation behind Mandl’s M&A, strategic investments and partnerships across the insurance value chain. You will own transactions from diligence through close, then working alongside management teams to drive performance through operational improvements and AI-enabled transformation. This role sits at the intersection of investing, operations, and technology - underwriting not just what a business is today, but what it can become with our AI platform.

What You’ll Do

• Own core workstreams across the deal lifecycle: diligence, structuring, negotiation, financing, etc.

• Track the deal pipeline and sourcing initiatives, including market mapping, target screening and outreach

• Evaluate business fundamentals including unit economics, customer behavior, pricing power, and cost structure to identify key value drivers and risks on an AI first world

• Prepare materials and analysis to share key insights on the business for executive and board-level discussions

• Build and underwrite detailed operating and valuation models, assessing both standalone performance and upside from operations and AI improvements

• Partner with technology and business teams to scope and quantify AI-enabled value creation opportunities pre-close - and execute them post-close

• Work directly with management teams to implement strategic initiatives, build reporting infrastructure, and drive change management

Who We're Looking For

• Prior experience (at least 1-5 years) at a leading investment bank or private equity firm

• You take ownership of outcomes across both deal execution and post-close performance

• You execute transactions with rigor, speed, and strong judgment across all phases of the deal lifecycle

• You diligence thoroughly to consistently identify and highlight clear, actionable value creation opportunities and key risks

• You can drive discussions with senior management teams without support

• Able to turn complex analyses into simple, decisive recommendations that drive action internally and with counterparties

• Highly organized and detail-oriented, comfortable managing multiple workstreams at once

• Strong communication skills, both written & verbal

• You love AI and it is integral to how you do your work day to day

Benefits

• Competitive salary & equity

• Medical, dental & vision insurance (100% employer paid)

• 401k with up to 4% company match

• Unlimited PTO

• Wellness reimbursement

We set our salary ranges using compensation data from companies similar to our stage and size. For this role, the estimated total cash for this position is $180,000- $300,000. The actual total cash salary will vary depending on multiple factors unique to each candidate, including location, job-related knowledge, transferable skills, work experience and our assessment of your level during the interview process. Mandl offers equity for all full-time employees, which is not included in the range listed above and will have an impact on your overall compensation. Mandl is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law. Mandl considers all qualified applicants in accordance with the San Francisco Fair Chance Ordinance.