Product Manager, Openly
$124.6-194.8k
+ Equity
Home insurance platform
Job no longer available
Home insurance platform
201-500 employees
Job no longer available
$124.6-194.8k
+ Equity
201-500 employees
Company mission
To empower independent insurance agents to deliver a modern, efficient, and superior customer experience.
Role
Who you are
- 2-4 years of experience in Product Management or a related role
- Professional experience in personal lines insurance, with strong knowledge of insurance product management and familiarity with state regulations
- Experience executing regulated product changes with fixed timelines and low tolerance for error
- Strong organizational and project management skills, including managing multiple state-specific workstreams at the same time
- Proven ability to translate complex requirements into clear, actionable execution plans that can be understood across teams
- Clear and effective communicator, especially in written documentation
- Comfortable operating as a coordination layer between business stakeholders and Engineering teams
- Ability to navigate ambiguity, ask clarifying questions, and drive work to completion
- Customer and operations aware mindset, with attention to downstream impact and stakeholder management
What the job involves
- As a Product Manager, you will own the execution of state-level insurance product updates, a highly regulated and detail-oriented area of Openly’s business
- In this role, you will work at the intersection of Insurance Product, Engineering, and Operations to translate stakeholder-defined priorities into clear requirements, coordinated execution, and accurate, on-time delivery
- Own end-to-end execution of state-level product updates, from intake of requirements through release and post-launch follow-up
- Partner with Insurance Product and business stakeholders to clarify priorities, scope, and sequencing
- Translate regulatory and underwriting requirements into clear product requirements, timelines, and dependencies for Engineering teams
- Maintain an execution-focused roadmap reflecting stakeholder-defined priorities and regulatory deadlines
- Coordinate cross-functional execution, proactively managing dependencies, risks, and trade-offs
- Support operational readiness and change management, including release notes, training, and internal and external communications
- Maintain clear tracking of state requirements, decisions, timelines, and progress to ensure shared visibility and accountability
- Monitor releases post-launch and coordinate follow-up work as needed
Our take
Openly has responded to a perceived gap in the market: while consumers are increasingly buying home insurance through independent agents, the products those agents can offer have not kept up with what’s possible, resulting in wasted time, wasted money, and outdated risk underwriting.
Openly's homeowner insurance platform sells exclusively through independent agencies. The platform watches and updates more than 19,000 vendor profiles daily across 19 states and 91 different industries, detecting changes to key business information, privacy documentation, terms of service agreements and public records. This increases transparency of the risk between buyers and suppliers, which sets Openly apart from its competitors in the insurtech market.
It has grown in-force premium by more than 500% year over year and has already achieved double-digit new sales market share in the majority of its states. The company is taking huge steps and has even partnered with Mastercard to integrate Mastercard's RiskRecon cyber risk data into its platform so that organizations can better understand their risk profile. It now has plans to expand its home insurance product to more states and agencies and to enhance its technology and insurance product.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
22% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2025
$123m
GROWTH EQUITY VC
Sep 2023
$100m
SERIES D
Total funding: $360.7m
Company benefits
- Company equity
- Remote-First Culture: With employees in 40 states and counting, we promoted #remotelife long before it was adopted by other companies
- WFH Setup: Day 1, you'll receive a new laptop, a $1,500 allowance to spend on setting up your home workplace, and a monthly internet stipend
- Real Work-Life Balance: Ensuring you can spend valuable time with friends and family is a priority. We offer flexible PTO and a generous parental leave policy
- 401k Company Contribution: We love working here, but who wants to work forever? Take advantage of our 401K plan and generous company contribution
- Health and Wellness: Your well-being comes first. We offer a variety of plans to suit your needs, ranging from the basics to supplemental coverages
Company HQ
Columbus, Boston, MA
Leadership
Ty Harris
(Co-Founder & CEO)Studied at MIT before working as a Lecturer at MIT and Northeastern. Went on to spend 12 years at Liberty Mutual Insurance. Co-founded Quote Hopper in June 2017 and, after passing this onto an agency to run, co-founded Openly that August.
Matt Wielbut
(Co-Founder & CTO)Began their career with almost 8 years at Goldman Sachs before co-founding Recitate and Elements Insurance. Used this experience to co-found Openly with Ty.
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