AUSTIN, TX – Open Lending, has been recognized as one of the Best Places to Work by the Austin Business Journal. The award recognizes companies of all sizes throughout Central Texas with the best work culture, benefits and engaged employees. Open Lending ranked 13th in the respective category with over 300 companies being nominated.
The award is based on anonymous surveys submitted by employees. In order to qualify, 95 percent of the company’s employees based in Central Texas had to respond.
Open Lending prides itself on encouraging a collaborative work environment where every team member is included regardless of title or department. Open Lending employees enjoy perks such as: 401 K with contributions from the company, weekly paid company lunches, and external training opportunities. When goals are met, employees are treated to company paid outings and various team-building activities.
“This is the first time Open Lending has received this award and we have worked hard over the past year to achieve it. We are honored and will continue to enhance our work culture so employees are engaged and working towards our common goal of helping our customers build profitable auto loan portfolios,” said John Flynn, CEO of Open Lending.
About Open Lending – Open Lending provides automated lending services to financial institutions. The company specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. Its flagship product, Lenders Protection, is a risk management program featuring default insurance coverage for near/non-prime automobile loans. Lenders Protection allows financial institutions and other automobile lenders to model their specific overhead and funding costs and set a target ROA for their insured portfolio.