Principal Product Manager

Posted 21 Days Ago
Hiring Remotely in USA
Remote
Senior level
Edtech • Mobile
The Role
The Principal Product Manager at Nerdy focuses on leveraging data-driven insights to enhance marketplace dynamics, improve product offerings, and drive user engagement. Responsibilities include managing product vision and strategy, collaborating with cross-functional teams, and ensuring successful product delivery aligned with business goals.
Summary Generated by Built In

Nerdy is looking for data-driven, technically skilled, marketplace-focused individuals to join us on our mission to revolutionize learning solutions. We’re seeking an experienced Principal Product Manager with a robust background in marketplace dynamics who can tackle a wide range of opportunities and challenges in our product ecosystem. The ideal candidate is adept at dissecting complex technical and marketplace problems, devising scalable solutions, and collaborating across teams—engineering, data science, operations, design, marketing, and sales—to enhance platform performance, drive user engagement, and deliver impactful business results. Successful Principal Product Managers have a keen technical acumen, thrive on analyzing marketplace behaviors, possess a strategic mindset, and are skilled communicators who can envision the future and lead cross-functional teams to execute with excellence.

The Principal Product Manager must have a strong data orientation and marketplace insight, ready to dive deep into data and act decisively to iterate and improve our products. This role requires balancing a bias for action with strategic foresight, ensuring that decisions advance our marketplace goals. A core responsibility of the Principal Product Manager is evaluating high-impact opportunities, determining alignment with our strategic objectives, articulating compelling cases for action, and rigorously driving progress. Using data analytics and customer insights, Principal Product Managers at Nerdy apply a scientific approach to marketplace product development: observation - question - hypothesis and prediction - test - measure - learn - iterate.


About Nerdy:

Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formats—including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Their proprietary platform leverages AI to personalize the experience for Learners of all ages —from kindergarten to professional—in academic, test prep, enrichment, and certification subjects. Nerdy’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions.

Nerdy’s shareholder letters below explain the product and strategy and are the most effective way to learn about what the company is building. 

Q1-2024 Shareholder LetterQ4-2023 Shareholder LetterQ3-2023 Shareholder Letter

Responsibilities

  • Use data, both qualitative and quantitative, to understand marketplace dynamics and customer needs deeply.
  • Drive product vision, strategy, technical requirements, and ensure timely delivery aligned with business goals.
  • Build and prioritize roadmaps and requirements to address key marketplace challenges and opportunities, from MVPs to full-scale solutions.
  • Work collaboratively with engineering, data science, design, marketing, sales, operations, and executive teams to test, measure, and drive results.
  • Drive feature or product adoption, with a particular focus on optimizing marketplace interactions and engagement.
  • Operate autonomously against business and team objectives, readily rolling up sleeves to address challenges.
  • Set targets proactively, define and track success metrics aligned with business objectives, and adjust based on evolving insights.
  • Lead periodic business reviews with stakeholders and executive leadership to assess and communicate progress.
  • Evaluate marketplace expansion opportunities, whether through new features, partnerships, or acquisitions, and propose paths to enhance platform capabilities.
  • Conduct competitive marketplace research and analysis.
  • Represent and advocate for marketplace participants' needs and identify emerging trends, effectively communicating these insights to align stakeholders.
  • Partner with design to create high-performance, conversion-oriented marketplace UX that enhances user outcomes.


Qualifications

  • 8+ years of product and/or business leadership experience, specifically focused on marketplace platforms or similar technical products.
  • Superior analytical and quantitative skills, with a proven track record of using data and metrics to test hypotheses, confirm assumptions, and measure success in a marketplace setting.
  • Self-starter with a strong bias for action, able to drive results in a fast-paced, technical environment.
  • Excellent verbal and written communication skills, particularly in translating complex marketplace insights.
  • Comfortable managing multiple competing priorities and navigating ambiguity in a high-speed environment.
  • Proven ability to identify, analyze, and solve ambiguous technical problems with high attention to detail.
  • Excellent collaboration skills that build trust across all levels and functions.
  • Management experience is a plus.

Varsity Tutors Leadership Principles

Relentless Focus on Customers * Comfort with Ambiguity * Ownership * Simplify * Intellectual Curiosity * Build Teams * Think Big * Insist on High Standards * Bias for Action * Build Trust * Go Deep * Have Conviction * Deliver Results * Are Right, a Lot


Benefits:

  • Total Compensation Package including Competitive Salary and Equity (Restricted Stock Units) in the company
  • Healthcare Plans (Medical, Dental, Vision, Life)
  • 401k Company Matching Plan
  • Maternity, Paternal, and Adoption Leave
  • Remote Position
  • Flexible PTO
  • Free Learning Membership for you and your household (1-1 tutoring hours, unlimited use of on-demand services, and access to our online classes)
  • Unique opportunity to help transform how the world learns!

Nerdy is committed to creating a diverse environment and is proud to be an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Top Skills

Data Analysis
The Company
St. Louis, MO
4,138 Employees
On-site Workplace
Year Founded: 2007

What We Do

Varsity Tutors, a Nerdy Company, is the leading direct-to-consumer, curated platform for live online learning benefiting both learners and experts. We have built a comprehensive online learning destination that enables the delivery of scaled high-quality live expertise for learners of all ages across thousands of subjects and multiple learning formats through the application of technology and AI. We've raised $107M million in venture capital from TCV, Learn Capital, and the Chan Zuckerberg Initiative. We also recently announced that Nerdy, the parent company of Varsity Tutors, plans to go public via a SPAC with TPG Pace Tech Opportunities later this year, with a $1.7 billion market valuation.

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