Full-Time

Insurance Product Manager

US

Posted on 10/31/2025

Openly

Openly

201-500 employees

Provides home and landlord insurance

Compensation Overview

$115.7k - $137.4k/yr

+ Bonus + Commission + Equity

Remote in USA

Remote

US Citizenship, US Top Secret Clearance, Canada Citizenship, Canada Top Secret Clearance, UK Citizenship, UK Top Secret Clearance Required

Category
Product (2)
,
Requirements
  • 3-5 years of experience in insurance product management and product development roles
  • Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
  • Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
  • A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
  • Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
  • Strong decision-making skills
  • P&C insurance experience is required, and homeowners insurance experience is a plus
  • Insurance product compliance and/or state launch experience is a plus
Responsibilities
  • Developing and calibrating Openly’s insurance products for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models
  • Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
  • Collaborating with our Technology and Operations teams to successfully implement product updates
  • Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data
  • Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Openly offers premium home and landlord insurance in the United States through a network of independent agents. Policies are underwritten by Rock Ridge Insurance Company, rated A Excellent by AM Best for financial stability. How it works: customers receive quotes and manage claims through a streamlined process, with pricing and risk assessment enhanced by advanced data analytics and technology. How it differs: uses data-driven pricing, better risk assessment, and a direct focus on simplicity and personalized service via independent agents, setting it apart from traditional insurers. Goal: modernize and simplify the home and landlord insurance market, delivering clear, comprehensive coverage and excellent customer experience.

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$430.7M

Headquarters

Boston, Massachusetts

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Openly raised $193M in April 2026 to expand into more states.
  • Openly expanded Allianz Re partnership for underwriting capacity.
  • Openly's Claimtouch integration cuts personal property claims settlement times.

What critics are saying

  • Allianz Re terminates reinsurance in 6-12 months from catastrophe losses.
  • Lemonade erodes Openly's 60,000 agent network within 12-18 months.
  • Clear Blue downgrade eliminates carrier capacity in 10 states by 9 months.

What makes Openly unique

  • Openly sells premium home insurance exclusively through independent agents.
  • Openly uses data analytics for precise risk assessment and pricing.
  • Openly provides open perils coverage for personal belongings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Parental Leave

401(k) Company Match

Home Office Stipend

Professional Development Budget

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

2%
The Associated Press
Feb 24th, 2026
Openly partners with claimtouch to automate personal property claims valuation with AI

Openly, a tech-driven homeowners insurance provider, has partnered with claimtouch, an AI-native insurtech, to automate personal property claims valuation. The partnership integrates claimtouch's Personal Property Platform with Openly's claims management system, enabling adjusters to generate detailed contents inventories and estimates more efficiently. Claimtouch's platform uses machine learning and large-scale data to deliver real-time valuations for personal property losses, replacing manual processes with data-driven assessments. The integration aims to reduce settlement times and improve pricing consistency across claims. Founded in 2017, Openly operates in 24 states and partners with over 44,000 independent agents. The company said the partnership reinforces its commitment to transparent and trustworthy claims processing for policyholders.

The Financial Technology Report
Feb 24th, 2025
Openly Secures $193M for Expansion

Openly, a home insurance provider, secured $193 million in growth financing led by Eden Global Partners and Allianz X, comprising $123 million in equity and a $70 million senior note. This follows a $100 million Series D in 2023. The funds will enhance services, expand U.S. coverage, and introduce new solutions. Openly now operates in 24 states with nearly 50,000 agents. The investment strengthens its reinsurance partnership with Allianz Re and reinforces its insurtech sector position.

Coverager
Jan 30th, 2025
Openly secures $193M in financing

Openly, a home insurance startup, announced a $193 million growth financing round led by Eden Global Partners and Allianz X. The funding includes $123 million in equity and a $70 million senior note. Openly operates through independent agents and is available in 24 states. The company generated $301 million in written premiums in 2023. The investment aims to expand Openly's offerings and strengthen its market position.

Versicherungsmonitor GmbH
Jan 30th, 2025
Allianz X Invests in Openly Insurtech

Allianz X has invested in the US insurtech company Openly. The details of the investment are not disclosed in the provided content. The article is intended for premium subscribers of Versicherungsmonitor and sharing it without authorization is prohibited.

Coverager
Jul 10th, 2024
Openly Launches In Virginia

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