Principal Product Manager - Insurance Regulatory Reporting

Clearwater Analytics•New York, NY

2d•$207,000 - $295,550•Hybrid

About The Position

About Clearwater Analytics® Clearwater Analytics® is a global industry-leading SaaS solution provider for automated investment data management, analytics, and reporting. Each day, the Clearwater solution reports on more than $7.3 trillion in assets for clients that include leading insurers, asset managers, corporations, pension plans, governments, and nonprofit organizations – helping them make the most of their investment portfolio data with a world-class product and client-centric servicing. Role Overview We are seeking an Insurance Regulatory Reporting Product Leader to define and drive Clearwater’s strategy for global insurance regulatory reporting capabilities. This is a high-impact, senior role for a product professional who sits at the intersection of insurance regulation, capital adequacy, and financial technology. In this role, you will own the product strategy and roadmap for our insurance regulatory reporting suite, covering global capital adequacy frameworks including Solvency II, NAIC Risk-Based Capital (RBC), AM Best Capital Adequacy Ratio (BCAR), IFRS 17, and NAIC statutory reporting. You will partner closely with insurers, regulators, and internal stakeholders to shape solutions that reduce reporting complexity and keep clients ahead of an evolving regulatory landscape. You will report to the Global Head of Product for Insurance and be responsible for identifying market opportunities, developing product strategy, executing on the product roadmap, and supporting go-to-market motions across the US, EMEA, and APAC. This is an exceptional opportunity for a seasoned professional with deep insurance regulatory expertise who wishes to combine domain knowledge with product leadership to build category-defining software.

Requirements

Bachelor’s degree in Finance, Actuarial Science, Accounting, Business, or a related field; MBA, advanced degree, or professional designation (CPA, CFA, ACII, FCAS, FSA, or equivalent actuarial qualification) preferred.
12+ years of experience in insurance, financial services, or financial technology, with significant exposure to insurance regulatory reporting and capital adequacy frameworks.
Deep expertise in at least three of the following global capital and regulatory frameworks: Solvency II (Pillar 1–3, QRTs, ORSA), NAIC Risk-Based Capital (RBC – life, health, P&C), AM Best BCAR and rating factor analysis, IFRS 17 / IFRS 9, NAIC Statutory Accounting Principles (SAP), LDTI / ASC 944, BSCR, Swiss Solvency Test (SST), APRA insurance capital standards, or Lloyd’s reporting requirements.
Familiarity with IAIS Insurance Capital Standard (ICS) and global convergence trends in insurance supervision is a strong plus.
5+ years of product management experience, ideally within a SaaS or fintech environment; demonstrated ability to build and scale financial technology products.
Proven ability to manage complex, cross-functional programs and influence senior stakeholders across technology, sales, and client-facing teams.
Strong commercial acumen with prior experience creating or growing product business lines from inception is a major plus.
Excellent communication and presentation skills; ability to translate complex regulatory requirements into clear product requirements and compelling client-facing narratives.
Familiarity with agile or other product delivery methodologies.
Considerable empathy and curiosity with a relentless focus on the customer.

Nice To Haves

Familiarity with IAIS Insurance Capital Standard (ICS) and global convergence trends in insurance supervision is a strong plus.
Strong commercial acumen with prior experience creating or growing product business lines from inception is a major plus.

Responsibilities

Define and execute the strategic roadmap for insurance regulatory reporting products, grounded in market research and aligned with Clearwater’s business objectives and client needs.
Think 2–3 years ahead on the evolution of global insurance capital and regulatory reporting frameworks, anticipating regulatory change and positioning Clearwater to lead.
Drive AI strategy into regulatory reporting workflows, identifying high-ROI use cases for automation, exception management, and predictive analytics.
Serve as the resident product expert on global insurance capital adequacy and regulatory reporting, including Solvency II (Pillar 1, 2, and 3 – QRTs, SFCR, ORSA, RSR), NAIC Risk-Based Capital (RBC) for life, health, and P&C entities, AM Best Capital Adequacy Ratio (BCAR) and AM Best’s rating factor models, IFRS 17 (Insurance Contracts) and IFRS 9, LDTI / ASC 944 (US GAAP Long-Duration Targeted Improvements), NAIC Statutory Accounting Principles (SAP) and Schedule reporting, Bermuda Solvency Capital Requirement (BSCR), Swiss Solvency Test (SST), APRA capital frameworks for Australian insurers, and Lloyd’s of London reporting requirements.
Monitor emerging regulations (e.g., IAIS ICS, IFRS 17 implementation developments, state-level US requirements) and communicate impacts to the roadmap and clients proactively.
Build and maintain relationships with regulators, industry bodies (NAIC, EIOPA, IAIS), and key insurance clients to stay at the forefront of market development.
Build, prioritize, and maintain detailed product roadmaps for the insurance regulatory reporting suite, balancing short-term regulatory deadlines with long-term platform innovation.
Prioritize product backlog based on business value, risk mitigation, regulatory urgency, and strategic impact.
Lead product development cycles from concept through deployment and post-launch optimization, partnering with engineering, design, and QA.
Establish and track KPIs to measure product effectiveness, client adoption, and regulatory coverage breadth.
Partner closely with engineering, design, sales, marketing, and client success to deliver seamless regulatory reporting experiences.
Work with clients, prospects, and subject matter experts to define and validate requirements for new regulatory frameworks and reporting enhancements.
Enable sales, client services, and operations teams on new product capabilities, regulatory scope, and competitive differentiation.
Collaborate with Marketing to build product messaging, demos, sales collateral, and thought leadership content around insurance regulation.
Build a global center of excellence that allows Clearwater to serve our global client footprint across the NA, EMEA and APAC.
Lead, mentor, and develop a team of product managers focused on insurance regulatory reporting, fostering a collaborative, high-performance culture.
Foster a culture of accountability, regulatory rigor, innovation, and continuous improvement.
Guide and challenge team members on roadmap priorities, evidence-based decision making, and client-centric product thinking.
Oversee product launches for new regulatory frameworks, working with marketing and sales to ensure effective positioning, messaging, and adoption.
Track and analyze product performance, client feedback, and regulatory market trends; iterate on product strategy and features to drive growth and client satisfaction.
Be transparent and data-driven about prioritization and roadmap decisions, using evidence-based approaches including close collaboration with the sales and client success teams.