Lead Product Manager – Risk for Insurance
About the Role
This is a strategic, hands-on role at the intersection of product, regulation, and client success. You will lead the development and execution of Clearwater’s insurance risk product roadmap, delivering capabilities that directly support revenue growth and market expansion.
What You’ll Do
Own and drive Clearwater’s roadmap for insurance-focused risk and ALM products
Define and deliver capabilities across:
Regulatory stress testing (Solvency II, NAIC RBC, NY7, Bermuda, and other regimes)
Scenario-consistent ALM projections
Proxy liability modeling and replicating portfolios
Risk reporting for multi-asset insurance portfolios
Translate complex requirements into clear product specs, diagrams, and solution design documents
Collaborate with quant developers and engineering leads to build projection engines, curve builders, and stress testing infrastructure
Partner with Sales and GTM to support prospect conversations, close deals, and expand client relationships
Represent Clearwater externally by speaking at industry conferences, leading webinars, and contributing to regulatory forums
Mentor junior PMs as the team expands, setting the bar for technical and commercial excellence
What We’re Looking For
10+ years of experience in product management, financial technology, or insurance investment risk
Deep knowledge of insurance regulatory frameworks across jurisdictions (e.g. Solvency II, NAIC RBC, NY7, Bermuda) and how they apply to asset portfolios
Strong understanding of fixed income, credit, and structured products, especially in the context of insurer ALM strategies
Fluency in risk modeling concepts: duration, convexity, shocks, liquidity tiers, scenario analysis, and capital metrics
Comfortable reading Python or SQL and working closely with quants and developers on model design and implementation
Exceptional written and verbal communication; able to draft precise specifications and clearly communicate trade-offs
Entrepreneurial mindset, high output, and bias toward clarity, impact, and collaboration
Why Join Clearwater
Own a critical product vertical with clear commercial impact and strong executive sponsorship
Help shape the next generation of insurance risk management software
Join a team that values sharp thinking, transparency, and measurable results
Work with leading insurers and investment managers solving real-world portfolio and regulatory problems
What we offer:
Business casual atmosphere
Team focused culture that promotes innovation and ownership
Access cutting edge investment reporting technology and expertise
RSUs as well as employee stock purchase plan (discounted shares)
Private medical and dental insurance
Various social and volunteering opportunities, including volunteer time off to give back to the community
Defined and undefined career pathways allowing you to grow your own way
Work from anywhere 3 weeks out of the year
An opportunity to revolutionize the investment industry
