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Product Lead

Who we are:

Nirvana is on a mission to modernize commercial insurance and enable a safer world. Our technology platform delivers modern insurance & risk management to not only help our customers protect their businesses, but actually improve safety for everyone.

To start, we’re transforming the legacy, $750B+ commercial insurance industry through cutting-edge predictive models using real-time IoT data (~50B connected devices by 2030), automation to deliver instantaneous quotes & faster underwriting, & proactive, and data-driven insights to help customers prevent accidents. 

Backed by top-tier VCs including General Catalyst & Lightspeed Ventures, Nirvana became the fastest insurtech EVER to launch in Jan 2022 and crossed >$10M run rate in under 6 months, more than 2x faster than best-in-class insurtechs. Our leadership team has helped scale multi-billion dollar companies from scratch including Samsara, Rubrik, Acko & Flexport, and includes industry veterans from Hiscox, AIG, The Hartford & RLI.

About the role:

We’re looking for a Product Lead who is passionate about shipping products that wow our customers while driving real-world impact. This role will report to the Head of Product and is a unique opportunity to build modern insurance from the ground up.

What you’ll do:

  • Build, launch and drive the end-to-end success of new products and features

  • Talk to customers and internal users to understand their needs, prioritize problems and establish a long-term roadmap

  • Collaborate with Engineering, Design, Sales, Marketing and more to develop products + create experiences our customers will love

  • Lead in the definition, strategy and long-term vision of a suite of products

  • Continually refine our products through feedback and data-driven insights

About you:

  • 6+ years experience in Product Management or equivalent roles, ideally
    shipping 0-1 products.

  • Experience being a hands-on individual contributor while simultaneously mentoring or leading high-performing PMs or equivalent roles.

  • Knack for gleaning customer insights from quantitative and qualitative data.

  • Excellent communication skills, written & verbal. Must be comfortable presenting to customers and internal audiences.

  • Proven experience working in a technical environment with cross-functional teams to drive product vision, define requirements, and guide the team through key milestones. 

  • Ability to drive cross-functional teams to ship products/features on aggressive timelines.

  • Experience building products at an early stage B2B company is a plus.

  • Undergraduate degree in a technical discipline (computer science, engineering, etc.) preferred. MS, PhD, or MBA is a plus.

  • Ability to work in our San Francisco or New York office 2+ days per week 

Benefits:

  • Competitive salary & equity

  • Medical, dental & vision insurance

  • 401k with company match

  • Unlimited PTO

  • Work from home friendly

We set our salary ranges using compensation data from companies similar to our stage and size For this role, the estimated base salary range for this position is $184,000 - $266,000. The actual base salary will vary depending on multiple factors unique to each candidate, including location, job-related knowledge, transferable skills, work experience and our assessment of your level during the interview process. Nirvana offers equity for all full-time employees, which is not included in the range listed above and will have an impact on your overall compensation.

Nirvana offers a wide range of best-in-class, comprehensive benefits including 100% employer paid healthcare plans, an up to 4% 401k match program, paid time off, parental leave, wellness reimbursement, work-from-home stipend and more.Nirvana is committed to building a diverse and inclusive workforce. If you’re interested in this role, but do not meet 100% of the qualifications listed above, we encourage you to apply. We'd like to consider you for this position and roles that may be a fit in the future.

Nirvana is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law. Nirvana considers all qualified applicants in accordance with the San Francisco Fair Chance Ordinance.

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CEO of Nirvana Insurance
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Rushil Goel
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Average salary estimate

$225000 / YEARLY (est.)
min
max
$184000K
$266000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Product Lead, Nirvana Insurance

Nirvana is on the lookout for a dynamic Product Lead based in San Francisco who is ready to make waves in the commercial insurance sector. Our mission is simple yet ambitious: to modernize insurance through innovative tech that enhances safety and efficiency for businesses. As our Product Lead, you'll be thrilled to know that you’ll have the chance to create products that not only impress but also have a tangible impact on our customers and the world at large. This opportunity means diving deep into the needs of users, shaping product strategies, and collaborating with various talented teams including Engineering, Marketing, and Sales. You will spearhead the end-to-end process of product launches, leading to real transformations in the legacy insurance field. With your insightful understanding of market needs and keen data analysis skills, you’ll steer the product vision and ensure that our offerings align perfectly with our customers' demands. This is not just any position; it’s a chance to work with a team that has already seen incredible success and is scaling at an impressive rate. If you're excited about transforming an industry and have a blend of experience and communication prowess, we want to hear from you! Join Nirvana and be part of a future where safety is prioritized, and insurance meets technology in the most innovative and meaningful ways possible.

Frequently Asked Questions (FAQs) for Product Lead Role at Nirvana Insurance
What responsibilities does the Product Lead at Nirvana have?

The Product Lead at Nirvana is responsible for building, launching, and overseeing the success of various products and features. This includes talking to customers and internal users to understand their needs, collaborating with cross-functional teams like Engineering, Design, and Marketing, and driving the product vision. The role emphasizes actively refining products based on feedback and real-time insights while establishing a long-term roadmap.

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What qualifications are necessary for the Product Lead position at Nirvana?

To qualify as a Product Lead at Nirvana, candidates typically need to have 6+ years of experience in Product Management or related roles, showcasing a knack for shipping products from 0 to 1. Proven experience working in technical environments, excellent communication skills, and abilities in leading cross-functional teams are essential. An undergraduate degree in a technical discipline is preferred, with an MS, PhD, or MBA being an added bonus.

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How does Nirvana support the growth of its Product Lead?

Nirvana is committed to the professional growth of its Product Lead through mentorship, collaboration with experienced team members, and access to top-tier industry insights. Our nurturing environment encourages sharing feedback and data-driven decision-making, ensuring that our Product Lead can continually refine and enhance products while also elevating their skills and experience.

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What is the team culture like for a Product Lead at Nirvana?

At Nirvana, the culture for a Product Lead is inclusive and innovation-driven. You will work in a collaborative environment where diverse ideas are valued and contribution from every team member is encouraged. Our approach prioritizes safety, creativity, and thorough communication, allowing for a work routine that is both productive and satisfying.

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What are the benefits offered to the Product Lead at Nirvana?

Nirvana offers a comprehensive benefits package for the Product Lead, which includes competitive salaries, equity options, 100% employer-paid healthcare plans, a generous 401k match, unlimited PTO, wellness reimbursements, and work-from-home stipends. We believe in fostering well-being and providing support that goes beyond traditional benefits.

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Common Interview Questions for Product Lead
What experience do you have in launching products from scratch?

When answering about launching products from scratch, share specific examples of products you've developed. Discuss the process you followed, from ideation to launch, including how you gathered customer feedback and data insights along the way to shape the final product.

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Can you describe your approach to handling cross-functional collaboration?

Discuss your experience in collaborating with diverse teams and how you maintain open communication to ensure everyone is aligned. Highlight specific tools or strategies you use to foster teamwork and encourage input from all members.

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How do you prioritize customer needs in product development?

Here, it's essential to explain your method for gathering customer insights using quantitative and qualitative data. Illustrate how you translate these insights into actionable product strategies and iterative processes to enhance customer satisfaction.

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What metrics do you utilize to measure product success?

Discuss specific metrics, such as customer engagement, churn rate, and revenue growth, that you have previously used to assess product performance. Explain how these metrics influence further product iterations and improvements.

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Tell me about a time you faced a setback in product management. How did you handle it?

Use this question as an opportunity to reveal your problem-solving skills. Share a particular challenge you faced, the steps you took to address it, and the outcome, emphasizing lessons learned for future projects.

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How do you stay updated on industry trends, especially in the insurtech space?

Emphasize your commitment to continuous learning. Mention resources you utilize, such as industry publications, forums, networking events, or courses, and how this knowledge benefits your product management processes.

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Can you give an example of how data-driven decisions improved a product you worked on?

Share a specific case where you used data analysis to inform product strategy. Describe the data you collected, the insights it provided, and how those insights led to actionable changes that enhanced the product.

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What do you see as the biggest challenges in the commercial insurance industry today?

Discuss the challenges you recognize, such as legacy technologies, customer hesitancy, or regulatory limitations. Share your thoughts on how innovative products can address these challenges and improve customer experiences.

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How do you manage tight deadlines in product development?

Explain your approach to prioritization and time management. Discuss strategies such as agile methodologies or setting clear milestones that help ensure product launches are timely without compromising quality.

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What excites you about the future of insurtech?

Here, convey your passion for the industry. Discuss the potential for technology to transform traditional practices and improve customer safety and satisfaction, expressing your enthusiasm for being part of that evolution at Nirvana.

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Nirvana is on a mission to modernize commercial insurance and enable a safer world.

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DATE POSTED
December 5, 2024

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