Rivian is building an in-house insurance agency

Rivian is hiring an insurance agency data manager, a job posting that suggests the all-electric automaker is planning to offer its own insurance to customers.

The job was first posted by RivianForums, which also reached out to TechCrunch with the tip. Roadshow/CNET also reported about this new position. Rivian wouldn’t provide more details about its plans, but did confirm it has some job postings in the area of insurance.

The job is to lead Rivian’s property and casualty (P&C) insurance agency, a position that entails recruiting, training, coaching and managing employed licensed sales agents and an insurance customer care team, according to the posting on Rivian’s website. The employee will also sell insurance products and provide feedback to partners on opportunities, the posting said.

The posting, which seeks someone with more than 10 years of experience and who is a licensed in P&C in multiple states, suggests this will be a global product. The job is based at the automaker’s factory in Normal, Ill., and not at its Plymouth, Mich. headquarters. State Farm Insurance is headquartered in Bloomington, Ill., located within miles of Normal, which should give Rivian access to a large pool of talented applicants.

The move appears to follow Tesla’s lead. Last August, Tesla  launched an insurance product, promising owners of its electric vehicles to deliver rates 20% and even as high as 30% lower than other insurance providers. The product known as Tesla Insurance is only available to owners in California. The business will expand to additional U.S. states in the future, Tesla has said.

Source : TechCrunch

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