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AI Product Manager at Shepherd

Shepherd is redefining commercial insurance with autonomous underwriting, and they’re looking for their first AI Product Manager to lead the Nova team. You’ll own the roadmap end-to-end, defining how AI agents read complex documents and price policies for high-hazard industries. This is a high-impact, founder-like role for a technical PM who has shipped production AI and wants to solve deep, structural problems in the physical world. Join a small, elite team in San Francisco and help build the future of financial infrastructure.

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Shepherd

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Location

San Francisco, United States

Compensation

$190k-$220k + Equity

Company

Shepherd

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Role overview

Shepherd is building autonomous underwriting for high-hazard commercial insurance. As the first Product Manager for the Nova team, you’ll own the roadmap to transform email submissions into priced policies without human intervention. You will define the “autonomy ladder,” build eval frameworks, and ship agentic workflows alongside a high-caliber engineering team.

AI-native commercial insurance

Shepherd is an AI-native commercial insurance platform transforming how high-hazard industries get covered. Our mission is to make risk frictionless for the builders and operators shaping the physical world — protecting progress from concept through construction and into decades of operation.

What you will do

  • Own the Nova product end-to-end, defining the vision, discovery, and UX while holding accountability for autonomous accuracy, adoption, and win rates.
  • Build and refine the eval framework to serve as the product spec, determining materiality thresholds and measuring model performance across complex document extractions.
  • Partner deeply with engineering to prototype agentic flows, write prompts, and analyze failing runs to distinguish between retrieval, model behavior, or data modeling issues.

Who this is a fit for

  • Has 4+ years of product management experience with a proven track record of owning hard technical products and shipping production-grade AI systems.
  • Possesses deep technical fluency, including the ability to read PRs, write SQL, and reason about model behavior or the statistical distribution of data.
  • Demonstrates a founder-like mindset and high agency, comfortable defining product processes from scratch in a fast-paced environment without an inherited playbook.

Why this role is remarkable

  • Join as the first PM for Nova, the team building L5 autonomous underwriting, with direct executive air cover and no legacy product playbooks to follow.
  • Shepherd is a high-growth Series B startup backed by top-tier investors including Spark Capital and Y Combinator, having raised $67M to date.
  • Work at the cutting edge of AI production where accuracy isn’t just a demo—it’s the foundation of pricing risk for the world’s most critical industries.

How Jack & Jill work together

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Jill
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