Principal Product Manager, Security Pricing and Packaging (Serverless)

Elastic

Confirmed live today High trust
Remote

Quick summary

Work type
Remote
Location
Remote
Salary
$189,800–$230,200 / yr
Posted
8 days ago
Freshness
Confirmed live today

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $201k
This role $210k
$145k $251k
below market most similar roles pay here above market

This role pays more than 63% of similar roles. Most pay $177,250–$224,625 — the blue band above. At the midpoint, this role pays about $210k versus about $201k for comparable roles.

Based on 240 similar postings.

Employer

About Elastic

Elastic is the company behind Elasticsearch and the Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash). It sells search, observability, and security products built on that search engine, primarily through its Elastic Cloud managed service.

Elastic currently has 53 open roles on FindRole.

Listed pay typically runs $133,100–$210,600 across 53 roles with salary data.

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At a glance

TL;DR · Principal Product Manager, Security Pricing and Packaging (Serverless)

The Principal Product Manager, Security Pricing and Packaging (Serverless) joins the Security Solutions team to lead the commercial strategy for Elastic Security on the Serverless platform. This role involves redesigning how security products are packaged, priced, and sold, specifically focusing on tiers, feature entitlements, and usage meters. You will own the pricing recommendations for consumption models, ensuring profitable margins while simplifying cost estimators for customers. Key responsibilities include modeling costs for ingest, search, retention, and AI features, and writing PRDs and PRFAQs to guide engineering and billing teams. You must possess expertise in SaaS or cloud pricing, usage-based models, and COGS analysis. The role requires deep knowledge of SIEM, XDR, and endpoint security to solve complex business problems regarding scalable, multi-tenant cloud security infrastructure.

What does a Product Manager earn in Remote?

Median $205300 from 120 postings across 30 companies.

See salary data

What you'll do

  • Redesign how Security is packaged and priced on the Serverless platform.
  • Define tiers, feature entitlements, and usage meters for security products.
  • Model the cost of new security capabilities to ensure healthy profit margins.
  • Manage the growth of Security on Serverless from proof of concept to renewal.
  • Simplify sizing and pricing estimators for customers and Solutions Architects.
  • Write PRDs and PRFAQs to turn pricing decisions into shipped product features.
  • Analyze market trends and competitor pricing to inform product strategy.
  • Present pricing models and SKU details to executives, CISOs, and procurement teams.

What we're looking for

  • You must have 7 to 10 years of experience in product management, including significant time on security or cloud data products.
  • You must have experience leading pricing and packaging for a SaaS or cloud product end-to-end, including margin modeling and executive approval.
  • You must have experience with usage-based or consumption pricing models.
  • You must be comfortable with COGS, gross margin, and ARR modeling to build forecasts with Finance.
  • You must understand how multi-tenant cloud services are built and how architecture choices drive cost.
  • You must be able to write PRDs, pricing proposals, and executive summaries.
  • Product experience with SIEM, XDR, endpoint, cloud security, or a security operations platform is a solid plus.
  • Experience at a security vendor, a cloud data platform, or a company that moved customers from licensed to consumption pricing is a plus (preferred).

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