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Product Manager

Posted on Dec. 16, 2024

Seattle, United States of America
134000.0 - 179000.0 USD (yearly)

Full Time

Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers, 2) led by advantaged underwriting in insurance, 3) to protect the whole home.

As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies.

In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.

Job Title: Product Manager

Location: United States

Workplace Type: Remote

Job Summary

The Product Manager will be responsible for managing profitable growth as we implement new products, pricing and underwriting into current markets as well as expand into new markets. This role requires a creative and dynamic collaborator that can leverage their deep understanding of the insurance market to drive decisions and action today and contribute to building out a best-in-class insurance product organization.

What You Will Do As A Product Manager

Product Implementation

Ensure the successful implementation of new product, pricing, and underwriting actions at a state and national level.

Profitable Growth Management – Financial Oversight

Maintain loss ratio discipline and risk tolerance while achieving growth in assigned market.

Ensure forecasts and business objectives account for current and likely market conditions.

Risk Management

Ensure effective management of catastrophe risk and concentration risk as we achieve growth objectives.

Competitive Intelligence

Analyze and understand key competitors and competitor strategies in your markets. Share and utilize this information to develop effective initiatives with organization partners

Build out additional competitive intelligence information and tools as needed.

Performance Monitoring

Regularly report on product performance and make data-driven decisions to optimize results.

Recommend KPIs and metrics to improve product performance tracking.

Customer Focus

Ensure all products meet the needs and expectations of customers. Incorporate customer feedback into product development and improvement.

Cross-Functional Collaboration

Work closely with the underwriting, marketing, sales, IT, and operations teams to ensure cohesive and effective product initiatives.

Develop holistic solutions to

Regulatory Compliance

Ensure all products comply with relevant regulatory requirements and standards.

Process Design

Identify and develop cross-functional process improvements that improve both efficiency and effectiveness.

What You Will Bring As A Product Manager

Bachelor’s degree; Business, Marketing, Finance, Actuarial or a related field; MBA or advanced degree preferred, or equivalent experience.

Minimum of 10+ years of experience in product management, actuarial, finance or related roles within the insurance industry (minimum 5+ in homeowners' insurance).

Proven track record of successful product launches and strategic initiatives.

Deep understanding of personal lines insurance and reinsurance, including trends, regulations, and competitive landscape.

Strong leadership and team management skills. Ability to inspire and drive cross-functional teams towards common goals.

Excellent analytical and problem-solving abilities. Proficiency in using data to drive strategic decisions.

Exceptional verbal and written communication skills. Ability to translate complex issues clearly to partners and stakeholders.

Creative thinker with a passion for innovation and continuous improvement.

Financial Acumen.

Regulatory Knowledge.

Customer Focus.

The application window for this position is anticipated to close in ABC weeks (ABC business days) from posting date. Please know this may change based on business and interviewing needs.

At this time, Porch Group does not consider applicants from the following states for remote positions: Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia.

What You Will Get As A Porch Group Team Member

Pay Range*: $134,000- $179,000 annually

Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets, job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.

Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals.

Our benefits package will provide you with comprehensive coverage for your health, life, and financial wellbeing.

Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.

Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.

We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.

We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans.

Both traditional and Roth 401(k) plans are available with a discretionary employer match.

Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.

Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.

LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.

Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.

What’s next?

Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!

Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.

Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.

Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the

USCIS E-Verify website

#LI-NH1

#LI-Remote

What’s next?

Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!

Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.

Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.

Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the

USCIS E-Verify website

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