Principal Product Manager - Pricing & Monetization

SmartBear delivers application integrity for modern tech stacks, ensuring continuous, measurable assurance that software just works as intended with governance to operate at AI speed and scale. SmartBear offers deep test automation, API lifecycle management, and observability capabilities. With integrations across the SDLC, it sets a new quality standard for application delivery teams.SmartBear is trusted by more than 16 million developers, testers, and software engineers across 32,000 organizations, including 75% of the largest financial institutions and industry leaders such as Adobe, JetBlue, and Microsoft. SmartBear’s best-loved brands include Swagger, TestComplete, Reflect, QMetry, Zephyr, and more. As stewards of a collaborative open source community, SmartBear meets customers where they are to make our technology-driven world a better place. Learn more at , or follow us on LinkedIn, X, and Reddit.At SmartBear, you will be part of a dynamic team solving one of the most critical challenges facing modern businesses: ensuring the integrity of software in an AI-driven world. Whether you are working directly with customers, driving go to market strategies, supporting operations, building products, or enabling teams, your contributions help shape the future of software quality for organizations worldwide. Join us in our mission.Principal Product Manager – Pricing & MonetizationLead the strategy and execution of SmartBear’s transition from seat-based SaaS to AI-informed, consumption-based pricing models across a multi-product portfolio.Own monetization architecture including pricing models, value metrics, and revenue mechanics impacting ARR and NRR.Partner cross-functionally with Product Marketing, Finance, Sales, and Data to design scalable, data-driven pricing strategies in a PE-backed environment.As Principal PM for Pricing & Monetization, you will own the strategy and execution of SmartBear’s transition from seat-based SaaS licensing to consumption-based models — across a multi-product portfolio in a PE-backed, growth-focused environment.You will own the monetization architecture: the pricing models, value metrics, financial structures, and revenue mechanics that underpin how SmartBear captures value. You will use AI-powered modeling and rigorous data analysis to drive decisions that directly impact ARR, NRR, and long-term monetization health. You’ll work without direct reports but with significant cross-functional authority, presenting regularly to senior leadership and PE sponsors.This role is focused on designing monetization systems and pricing architecture at scale.What you will do:Own the pricing model architecture across the portfolio, including defining value metrics and pricing structures.Lead the SaaS to consumption transition, including migration strategy, customer segmentation, and revenue optimization.Build and apply AI-driven pricing models to simulate scenarios, test hypotheses, and inform monetization strategy.Partner with PMM, Finance, Sales, Engineering, and Data to operationalize pricing models through systems, processes, and governance.Act as the central authority on monetization, supporting executive decision-making and board-level discussions.Guide complex deal structures and enterprise pricing decisions in collaboration with Sales and Deal Desk.About the Role:Define and own SmartBear’s consumption pricing strategy across the product portfolio, identifying optimal value metrics (e.g., API calls, test runs, usage-based signals).Design pricing structures including consumption, hybrid, committed use, and outcome-based models, modeling financial and customer impact.Establish pricing frameworks including rate cards, discounting structures, and monetization inputs in partnership with Finance and Sales.Lead the transition from seat-based SaaS to consumption models, including migration strategies, customer segmentation, and risk mitigation.Lead the application of AI and LLM-driven approaches to pricing, including building advanced models to simulate elasticity, cohort behavior, and revenue outcomes, and using AI to accelerate decision-making and competitive insight generation.Partner with senior leadership and PE stakeholders, contributing to board-level discussions and presenting monetization strategy and performance.Reporting Line:This role reports to the SVP of Product and operates as a high-impact individual contributor with significant cross-functional influence.We are looking for you if you have:Demonstrable experience and success in pricing, and monetization, focused on SaaS pricing model design.Proven track record leading SaaS-to-consumption or usage-based pricing transformations.Strong hands-on experience leveraging AI/ML tools and LLMs to build pricing models, run scenario simulations, and drive data-informed monetization decisions.Deep expertise in SaaS monetization models including usage-based, hybrid, enterprise agreements, and multi-product pricing.Self-sufficiency in data-wrangling and data-modeling (e.g. BI skills, DB programming, or Python), Ability to demonstrate how you have successfully used AI to model and improve pricing models Strong financial modeling skills with proficiency in Excel/Sheets and familiarity.Additional experience that will set you apartExperience in multi-product or PE-backed SaaS environments where pricing decisions span a product family.Background in developer tools, API platforms, testing, or observability.Experience working in or alongside a PMM organization with a clear PM/PMM ownership split on pricing vs. packaging.Experience presenting monetization strategy to C-suite or PE board audiences.Why you should join the SmartBear crew:You can grow your career at every level.We invest in your success as well as the spaces where our teams come together to work, collaborate, and have fun.We love celebrating our SmartBears; we even encourage our crew to take their birthdays off.We are guided by a People and Culture organization - an important distinction for us. We think about our team holistically – the whole person.We celebrate our differences in experiences, viewpoints, and identities because we know it leads to better outcomes.Did you know?Our main goal at SmartBear is to make our technology-driven world a better place.SmartBear is committed to ethical corporate practices and social responsibility, promoting good in all the communities we serve.SmartBear is headquartered in Somerville, MA with offices across the world including Galway Ireland, Bath, UK, Wroclaw, Poland, Ahmedabad and Bangalore, India.We’ve won major industry (product and company) awards including B2B Innovators Award, Content Marketing Association, IntellyX Digital Innovator and BuiltIn Best Places to Work.SmartBear is committed to creating an inclusive workplace for employees where all individuals are treated with respect and dignity. We are an equal opportunity employer and make employment decisions based on merit, qualifications, and business needs. We do not discriminate on the basis of race, color, religion, sex, national origin, age, gender, disability, veteran status, sexual orientation, or any other protected status under applicable laws. We are dedicated to fostering a workplace that reflects a diversity of thought and experience as well as our values of being smart, open, driven, accountable, and curious.At SmartBear, we believe transparency in pay is part of how we build trust—with our employees, candidates, and community. Our compensation philosophy is grounded in market competitiveness, internal equity, and rewarding impact. We encourage candidates to view compensation as part of their total rewards experience at SmartBear. This includes performance-based bonuses for eligible roles, a generous benefits package that supports employees’ health and well-being, and promotes work-life balance through flexible time off and hybrid work options. You can build your career at SmartBear through professional development opportunities, and an inclusive, collaborative culture where everyone can thrive. Your SmartBear total rewards compensation package includes base salary and may also include a performance bonus plan. The base salary range for this role is listed below. Actual compensation is determined based on several factors, including relevant experience, skills, internal equity, and geographic location. Estimated Base Salary Range$210,000—$210,000 USD