Product Manager(Insurance Technology Consultant)

We are looking for an Insurance Technology Consultant with deep, practitioner-level experience in the Insurance industry — specifically in Fraud, Waste & Abuse detection and prevention. The right candidate should have hands-on experience building, deploying, or advising on insurance-specific products and understands the nuances of claims lifecycles, underwriting risk, TPA ecosystems, and IRDAI compliance. You will be a founding voice in Clari5's Insurance FWA product strategy — shaping market positioning, defining product scope, guiding integration architecture, and validating our go-to-market approach across General, Health, Life, Motor, and Reinsurance segments.

Location Bengaluru Experience 12–18 years total; minimum 8 years in Insurance domain Segments Health/TPA, General Insurance, Life, Motor/P&C, Reinsurance Reporting To Chief Product Officer KEY RESPONSIBILITIES Market Validation: Lead market discovery across insurance segments — engage with insurers, TPAs, brokers, and reinsurers to identify FWA pain points and product opportunities Product Scoping: Define MVP product scope — use cases, detection models, rules engine requirements, workflow, and adjudication logic across target insurance segments Integration Architecture: Map integration architecture with TPA portals, and IRDAI data exchange standards Regulatory Advisory: Document the IRDAI regulatory landscape for FWA and translate compliance requirements into product design inputs GTM Strategy: Synthesise discovery findings into a prioritised segment and go-to-market recommendation Ecosystem Engagement: Leverage industry network to facilitate introductions with target insurance buyers and potential channel partners REQUIREMENTS MUST HAVE Direct experience building or deploying an insurance FWA / fraud analytics product Deep fluency in claims processing — cashless health, motor, life, group Exposure to at least 2–3 insurance lines: General, Health/TPA, Life, Motor, Reinsurance Familiarity with IRDAI regulations and compliance frameworks Experience interfacing with insurance technology stacks — policy admin, claims systems, TPA portals Ability to articulate how Insurance FWA differs from banking fraud — and why that shapes product design Network within the Indian insurance ecosystem — carriers, TPAs, IRDAI, GIC Re