Full-Time

VP – Product

Posted on 9/3/2025

MediaAlpha

MediaAlpha

51-200 employees

Real-time targeted advertising marketplace for brands

Compensation Overview

$231k - $420k/yr

+ Annual bonus + Restricted Stock Unit program

Los Angeles, CA, USA

In Person

Category
Product (2)
,
Required Skills
Product Management
Requirements
  • Bachelor’s degree in business, technology, or a related field
  • 12–15+ years of product management experience, including 5+ years leading product teams.
  • Experience in marketplace, platform, or multi-sided businesses; ad tech or digital marketing background strongly preferred.
  • Proven ability to set and drive product vision, strategy, and roadmaps tied to company growth and profitability.
  • Strong track record of execution: delivering products end-to-end with clear impact on business metrics.
  • Skilled at balancing speed, quality, innovation, and long-term platform needs.
  • Experienced in building and leading high-performing product teams; strong people manager and culture builder.
  • Excellent communicator and cross-functional partner; trusted by executives and peers.
  • Data-driven decision maker with strong analytical skills.
  • High level of adaptability, curiosity, and accountability in a fast-moving environment.
  • Demonstrates critical thinking and a willingness to challenge the status quo in pursuit of better outcomes.
  • Brings curiosity and awareness around how emerging technologies — including AI — may impact how we build and operate.
Responsibilities
  • Product Strategy, Vision & Market Leadership: Define and evolve the strategic direction across MediaAlpha’s product areas– including the marketplace platform and ad products, with a focus on delivering value to advertisers, partners, and consumers.
  • Translate company-level business goals into clear product roadmaps and investment priorities, with a strong articulation of how they drive growth, efficiency, and profitability.
  • Ensure product strategy reflects the needs of all marketplace participants — advertisers, partners, and consumers, and has a clearly defined impact on marketplace performance (long-term and short-term), including supply and demand health, efficiency, profitability, trust, and customer experience.
  • Package and communicate product capabilities clearly to clients: Combine features into coherent offerings, and partner with business teams to position them in ways that are easy to understand and sell.

MediaAlpha operates a performance marketing platform that helps brands reach consumers who are ready to buy. It connects advertisers with in-market audiences through a real-time, auction-based marketplace where ads are bought and placed on publishers’ inventory. The platform provides advanced targeting and transparency, so advertisers can see exactly where their ads appear and how they perform, enabling smarter bidding and measurement. Unlike some rivals, MediaAlpha emphasizes visibility into ad placements and conversion-ready audiences, especially in industries like insurance, travel, and financial services, to improve lead quality and return on ad spend. The company earns fees as a percentage of ad spend on its marketplace, aligning revenue with the volume and value of transactions. The goal is to help advertisers achieve higher returns by delivering targeted, timely ads in a transparent, efficient bidding environment.

Company Size

51-200

Company Stage

IPO

Headquarters

Redmond, Washington

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue hits record $310 million, up 17% YoY from auto carrier spend.
  • Property & Casualty vertical grows 65% in 2025, driving $2.2B ad spend.
  • Ramon Jones joins board November 2025, boosting P&C digital marketing expertise.

What critics are saying

  • EverQuote captures 15-20% auto lead share in Q1 2026 via lower-cost platform.
  • Google AI Overviews slash 40% publisher inventory, dropping 119M referrals.
  • FTC rules cut under-65 health value 30-40% post-$45M 2025 settlement.

What makes MediaAlpha unique

  • Transparent RTB marketplace connects largest insurance advertisers with high-intent consumers.
  • Yield optimization algorithms maximize publisher monetization from insurance inventory.
  • Carrier-approved ChatGPT-powered AI app launches structured auto insurance shopping.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Professional Development Budget

Phone/Internet Stipend

Parental Leave

Pet Insurance

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
Yahoo Finance
Apr 3rd, 2026
MediaAlpha impresses with 564% EPS growth while Kraft Heinz and PENN Entertainment struggle

MediaAlpha, an insurance marketplace technology platform connecting carriers with consumers, stands out as an undervalued opportunity trading at 6.6x forward P/E. The company has demonstrated exceptional revenue growth of 69.4% annually over the past two years, with earnings per share surging 564% in the same period. The platform powers nearly 10 million consumer referrals monthly across property, casualty, health and life insurance products. Its sales outlook suggests continued strong growth momentum over the next 12 months. In contrast, Kraft Heinz faces declining unit sales and projected revenue drops of 2%, whilst PENN Entertainment struggles with weak cash flow and diminishing returns on capital. Both companies trade at 11x and 15.7x forward P/E respectively but face structural business challenges.

The Associated Press
Apr 2nd, 2026
MediaAlpha launches first carrier-approved conversational AI app for auto insurance shopping

MediaAlpha has launched the insurance industry's first carrier-approved conversational AI application for auto insurance shopping, powered by ChatGPT technology. The app guides consumers through structured conversations to collect details like zip code, vehicle information and credit profile, then surfaces real-time, carrier-approved listings from MediaAlpha's marketplace. When consumers select a carrier, they're directed to the carrier's official website to complete their quote and purchase. The application is built on MediaAlpha's existing programmatic infrastructure, ensuring compliance with carrier brand standards and accurate consumer expectations. MediaAlpha is the insurance industry's leading programmatic customer acquisition platform, connecting carriers with online shoppers through more than 1,150 active partners. The company generated over 141 million consumer referrals in 2025, with $2.2 billion in advertising spend across its platform.

Bitget
Mar 31st, 2026
MediaAlpha secures $250M credit facility months after $45M FTC settlement drains health segment

MediaAlpha has secured a $250 million senior secured credit facility through an amended agreement signed on 25 March 2026. The move follows a $45 million FTC settlement payment related to its under-65 health insurance vertical, which cost the company $80–$85 million in transaction value and $18–$20 million in contribution during 2025. Despite the health segment pressures, MediaAlpha posted record 2025 revenue of $1.1 billion, driven by 65% growth in its Property & Casualty vertical. The stock surged 21.49% to $10.27 on the announcement, though CEO Steven Yi sold 26,879 shares days earlier at $9.42–$9.99. Analysts maintain a moderate buy rating with a $14.58 price target. The facility provides liquidity but doesn't resolve underlying operational challenges in the health segment.

Yahoo Finance
Mar 18th, 2026
MediaAlpha stock drops 26.7% in six months despite strong revenue growth and surging EPS

MediaAlpha, which operates a technology platform connecting insurance carriers with consumers, has seen its stock drop 26.7% over the past six months to $9.65 per share. The company facilitates nearly 10 million consumer referrals monthly in the insurance marketplace. The business services company has demonstrated strong revenue growth of 13.7% compounded annually over the past five years. Its earnings per share surged at 564% compounded annually over the last two years, outpacing its 69.4% annualised revenue growth. However, MediaAlpha's adjusted operating margin decreased by 2.7 percentage points over five years, now standing at 4.7% for the trailing 12 months. This suggests the company struggled to pass rising costs onto customers despite revenue growth. The stock currently trades at 7.3× forward price-to-earnings ratio.

Yahoo Finance
Mar 11th, 2026
Ryan Specialty and MediaAlpha are small-cap stocks to target, while EverQuote lags behind

MediaAlpha, an insurance marketplace technology platform, has demonstrated strong momentum with 69.4% annual revenue growth over the past two years. The company, which connects insurance carriers with consumers, is trading at a market capitalisation of $544.6 million. The platform processes nearly 10 million consumer referrals monthly across property, casualty, health and life insurance products. Forecasted revenue growth of 11.8% for the next 12 months suggests sustained momentum. Earnings per share growth of 564% annually has significantly outpaced revenue expansion, indicating improving profitability as the business scales. Ryan Specialty, a wholesale insurance broker founded in 2010, posted impressive metrics including 21.2% annual revenue growth and a robust 19.2% free cash flow margin. The company trades at $4.73 billion market capitalisation.

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