Principal Product Manager, Growth

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About Us

BlueOwl is a separate company in the State Farm® family of companies and the solutions provider for HiRoad Insurance, an InsurTech brand that recognizes and rewards good choices. Operating independently with the backing of the #1 auto insurer in the country, we blend the best aspects of a tech startup and an industry leader. To see what we’ve helped build so far, check out HiRoad.com.

Our Vision

At BlueOwl, we envision a world where data driven behavior fuels better lives. We started with the reinvention of insurance and a bold mission to create a data science powered platform that actually helps people become better drivers. We aspire to be the best in the business at identifying low-risk drivers by harnessing the power of data with an innovative technology stack.    

It’s a big goal, and that’s where you come in. We're growing a world class team of data science, engineering, design, product, marketing and mobile technologists because we know that the key to success isn’t just about nailing the technology—it’s hiring the talented people who will help us make a quantifiable impact.

The Role:

We're looking for an experienced Principal Product Manager to join our Growth Product Pod, reporting to the Director of Product - Growth. 

We look for Product Managers with a cross-functional set of skills. We expect that will spike in one or more areas, but baseline levels in each:

Human-centered design - PMs should have the ability to work backwards from a customer problem to identify potential solutions, conduct empathy interviews, work with designers, and keep the overall customer experience in mind as they are making tradeoffs.

Technical aptitude - We don’t expect PMs to write code, but they should have the ability to have conversations about technical tradeoffs with their engineers and understand the implications of a given choice on future projects and tech debt.

Business analysis - PMs should understand the business model, the levers that we can pull to impact our core metrics, and focus on delivering value to the customer in ways that are viable for the business.

Leadership and communication - PMs should be able to communicate all of the above clearly and concisely to people across the organization at appropriate levels of detail for different audiences. They should demonstrate structured thinking and have and use frameworks for decision making. We work across each functional group to ensure every team member understands the big picture and how they fit into it.

At Principal level, PMs should effortlessly manage a diverse set of stakeholders with minimal oversight and will probably have prior experience bringing others along a change curve.

In this role, you will collaborate with a cross-functional team in creating solutions that attract the right customers and minimize friction in their sign-up process. You’ll balance a deep customer empathy with an analytics informed approach to decision making that ensures we’re driving value for both our customers and the business.

Your day-to-day: 

• Grow the volume of qualified leads, and increase the conversion rate, while partnering closely with our Insurance team to ensure underwriting, pricing, fraud, and regulatory compliance requirements are met

• Understand the business context, estimate the impact of competing projects, and work with partner teams to scope and prioritize accordingly

• Develop an understanding of our customer’s consideration and purchase journey by designing and reviewing experiments

• Manage a portfolio of short- and long-term development projects and tests as we iterate toward a high-performance customer acquisition engine

• Foster cooperation between cross-functional team members from Design, Engineering, Project Management, Analytics, and Research

• Collaborate closely with Growth Marketing and Insurance teams to communicate product roadmaps and experimentation updates 

• Contribute to a Product team culture of iterating on both products and processes

About you:

• Significant Product Management experience working with teams of engineers and designers to craft product strategy, align stakeholders, and execute on delivery

• Excellent written and verbal communication skills and a broad toolbox of influence styles

• Track record of managing technically complex products across lifecycle stages

• Comfort with data and business models, understanding of experimental design and related statistics, and experience with A/B testing approaches and tools

Bonus Points: 

• Experience in growth product management for consumer financial products

Salary:

  $200,000 to $275,000

• Important note: all offered salaries are based on many factors, including experience in a similar role and geographic location of the candidate. 

Other Compensation: 

• Currently HiRoad offers an incentive plan which is based on company performance. Any payment will be awarded at the Company's sole and absolute discretion and will be contingent upon the approval of the achievement of the Company's targets by the Company’s Board of Directors and other criteria.

Additional Details: 

• Benefits: We provide a wide variety of health, wellness and other benefits.These include medical, dental, vision, life insurance and supplemental income plans for you and your dependents, a Headspace app subscription, monthly wellness allowance and a 401(k) Plan with a company match.

• Work from Home Equipment: Given our virtual environment— in order to set you up for success at home, a one-time payment of $2K will be provided to cover the purchase of in-home office equipment and furniture at your discretion. Also, our teams work with MacBook Pros, which we will deliver to you fully provisioned prior to your first day.

• Paid Time Off: All employees accrue four weeks of PTO in their first year of employment.  New parents receive eight weeks of fully paid parental leave (plus four additional weeks for parents who give birth) which may be taken within one year after the birth and/or adoption of a child.

• Personal and Professional Development: We’re committed to investing in and helping our people grow personally and professionally.  All employees receive up to $5000 each year for professional learning, continuing education and career development.  All team members also receive Udemy subscriptions and access to multiple different coaching opportunities through BetterUp.

• Location: We are a remote-first company for most positions so you may work from anywhere you like in the U.S, excluding U.S. territories.  Occasional travel may be required for team meetings or company gatherings.  Employees based in the San Francisco Bay Area or in Providence, Rhode Island may commute to one of our local offices as desired.  

• Hours: We maintain core meeting hours from 9AM - 3PM Pacific time for collaborating with team members across all time zones. 

BlueOwl, LLC is an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.  Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

If you are a San Francisco resident, please read the City and County of San Francisco's Fair Chance Ordinance notice.  https://sfgov.org/olse/sites/default/files/FCO%20poster2020.pdf

This role is employed by BlueOwl, LLC.  BlueOwl, LLC is a separate company in the State Farm family of companies and is the solutions provider for the HiRoad Assurance Company.