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Pricing Engine Product Manager - Job Opportunity at Akur8

Paris, France
Full-time
Mid-level
Posted: June 16, 2025
On-site
USD 0 - 300,000 per year

Benefits

Global exposure working with 320+ clients across 4 continents providing extensive international business experience
Multicultural environment with 42 nationalities fostering diverse perspectives and global networking opportunities
Opportunity to work with cutting-edge AI and machine learning technology in the rapidly growing insurtech sector
Direct involvement in product development for a recognized industry leader featured in top global insurtech rankings
Cross-functional collaboration across engineering, design, sales, and marketing teams enhancing professional versatility
Training and presentation opportunities with clients and prospects building leadership and communication skills

Key Responsibilities

Drive strategic product definition for Deploy rating engine, bridging the critical gap between actuarial science and IT infrastructure to revolutionize insurance pricing workflows
Lead comprehensive user research and interviews to uncover deep insights into actuarial ratemaking challenges and IT deployment obstacles, directly influencing product roadmap decisions
Architect innovative frameworks and solutions that streamline complex insurance pricing processes, potentially reducing time-to-market by significant margins for enterprise clients
Collaborate strategically with engineering teams to co-design and scope feature development, ensuring technical feasibility while maintaining product vision integrity
Spearhead knowledge transfer initiatives through client training sessions, positioning yourself as a thought leader while driving product adoption and customer success
Master the intricate relationships between actuarial models and Policy Admin Systems, becoming the organizational expert on end-to-end insurance pricing technology ecosystems

Requirements

Education

Masters degree or PhD in a quantitative discipline

Experience

3+ years experience in Insurance industry, with interactions with either pricing actuarial teams or IT (pricing or policy admin systems) and 3+ years experience in a quantitative position, such as Data Scientist, Engineering or Product Manager

Required Skills

A sound understanding of machine learning concepts, models, and algorithms Excellent quantitative & analytical skills Very strong problem solving skills with a focus on providing and creating robust solutions Ability to provide detailed, focused and deep product requirements and system reactions Team leadership or management experience Effective communication skills (to exchange with both technical & non-technical stakeholders / clients) A collaborative mindset (capability to work as part of a team in a dynamic environment) Fluent English language skills
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Sauge AI Market Intelligence

Industry Trends

The insurtech sector is experiencing unprecedented growth with AI and machine learning adoption becoming critical competitive differentiators, as evidenced by Akur8's recognition across multiple industry rankings and the increasing demand for transparent, automated pricing solutions Insurance companies are increasingly seeking end-to-end pricing platforms that eliminate traditional silos between actuarial teams and IT departments, creating significant market opportunities for products that bridge these historically separate functions The global insurance industry is undergoing digital transformation with legacy pricing systems being replaced by modern, API-driven solutions that can integrate seamlessly with existing policy administration systems and provide real-time pricing capabilities

Salary Evaluation

Based on the role's mid-level requirements, Paris location, and insurtech sector positioning, the realistic salary range likely falls between USD 90,000-150,000 annually, with the upper bound of USD 300,000 potentially including equity compensation and performance bonuses typical of high-growth scale-ups

Role Significance

Typically managing relationships across 8-12 stakeholders including engineering squads of 4-6 developers, design teams of 2-3 members, and coordinating with sales, marketing, and actuarial teams, while potentially leading a small product team of 2-3 direct reports
This is a strategic mid-level product management role with significant autonomy and impact, requiring deep technical understanding while driving product vision and cross-functional collaboration, positioning the role holder as a key contributor to company growth and product success

Key Projects

Leading the development and launch of Deploy rating engine features that directly impact client pricing workflows and time-to-market improvements Implementing user feedback loops and product iteration cycles based on comprehensive client interview programs and usage analytics Architecting integration solutions between actuarial modeling outputs and enterprise IT systems, requiring deep technical product specifications and system design collaboration

Success Factors

Deep technical fluency in both actuarial science and IT systems architecture, enabling effective translation of complex business requirements into actionable product features and technical specifications Exceptional stakeholder management skills to navigate the traditionally siloed insurance industry structure while building consensus across diverse technical and business teams Strong analytical problem-solving approach combined with user-centric design thinking to identify non-obvious solutions to complex workflow challenges that have historically plagued insurance pricing processes Ability to communicate complex technical concepts to both highly technical audiences and business stakeholders, serving as the critical bridge between actuarial science and technology implementation

Market Demand

High demand driven by the critical need for professionals who can bridge actuarial science and technology, particularly as insurance companies accelerate digital transformation initiatives and seek competitive advantages through AI-powered pricing solutions

Important Skills

Critical Skills

Machine learning and AI algorithm understanding is absolutely essential as the core product differentiator relies on transparent ML models, and product decisions must be grounded in technical feasibility and algorithmic capabilities Insurance industry knowledge combining actuarial science and IT systems is critical because the product specifically addresses the gap between these domains, requiring deep understanding of both traditional actuarial workflows and modern insurance technology infrastructure Quantitative analytical skills are fundamental for credibly engaging with highly technical actuarial clients and making data-driven product decisions in an industry where statistical precision directly impacts business outcomes

Beneficial Skills

Regulatory knowledge of insurance markets across multiple jurisdictions would be valuable given the global client base and the need to ensure product compliance with varying regional requirements Enterprise sales support experience would enhance the role given the B2B nature of the product and the need to engage with large insurance company stakeholders during sales processes API and integration architecture understanding would be beneficial for designing seamless connections between the rating engine and existing enterprise insurance systems

Unique Aspects

Rare opportunity to work on products that directly bridge two traditionally separate domains - actuarial science and IT infrastructure - requiring unique interdisciplinary expertise that is highly valued in the insurance industry
Position within a company that has achieved significant industry recognition while still maintaining scale-up growth characteristics, offering both stability and high-impact growth opportunities
Direct involvement in transforming fundamental insurance business processes through transparent AI and machine learning applications, contributing to industry-wide digital transformation initiatives
Exposure to international insurance markets and regulatory environments through the company's global client base and multi-continental operations

Career Growth

Typically 2-4 years to senior product roles given the specialized expertise and high-growth company environment, with potential for accelerated advancement based on product success metrics and company growth trajectory

Potential Next Roles

Senior Product Manager or Head of Product for expanded product portfolios within insurtech companies Director of Product Strategy roles focusing on AI/ML applications in financial services VP of Product positions at growing insurtech scale-ups or established insurance companies undergoing digital transformation

Company Overview

Akur8

Akur8 represents a leading position in the insurtech transformation space, having achieved recognition across major industry rankings including CB Insights Top 50, CNBC Top 150, and multiple fintech global lists, indicating strong market validation and growth trajectory in the competitive AI-powered insurance technology sector

Strong competitive position as evidenced by serving 320+ clients across 4 continents and maintaining offices in 8 major global cities, suggesting successful market penetration and international expansion capabilities that differentiate from typical early-stage startups
The Paris location positions this role at the European headquarters of a globally distributed company, providing exposure to both European insurance markets and international business operations while benefiting from France's growing fintech ecosystem
Dynamic, multicultural environment with 42 nationalities fostering innovation and global perspectives, typical of successful scale-up companies that have moved beyond startup phase while maintaining entrepreneurial energy and rapid growth characteristics
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