Product Owner – Actuarial Pricing and Underwriting Systems
London City – Hybrid (minimum 50% office based)
Contract: Permanent
Hours: Full time – 35 hours
We are leading a bold and transformative journey – and we’re looking for a Product Owner to join our flagship technology system transformation programme within our Retail B2B2C business.
This is a rare opportunity to play a key role in defining and delivering the vision for the Retail Actuarial & Reinsurance team and its wider pricing and underwriting partners, working closely with the Retail Product Director, the Retail Actuarial & Reinsurance leadership team and Retail squads to define a clear product direction and ensure the roadmap delivers meaningful impact.
If you have experience leading product ownership with extensive experience with actuarial teams and systems, thrive in solving big challenges, and want to be involved in a major technology overhaul, we’d love to hear from you.
Key Responsibilities
- Define and communicate the product vision, epics and user stories to all stakeholders, working with the Retail Product Director and Retail Actuarial and Reinsurance leadership team.
- Define and monitor KPI’s for the product in line with the agreed vision.
- Work with the Retail Product Director, Delivery Manager and programme management to manage squad budget and benefits definition and delivery.
- Work with the Retail Actuarial and Reinsurance leadership team to ensure programme delivery is aligned to internal risk policies (e.g. Model Risk) and external standards (e.g. TAS100).
- Collaborate with key stakeholders including but not limited to demographic science, proposition, data, operations, distribution, engineering and design to deliver outstanding products.
- Collaborate with other product owners to ensure alignment with the overall vision of the wider transformation programme.
- Lead discreet work packages as part of the overall roadmap for the product to deliver defined benefits and KPIs.
- Prioritise product backlogs and roadmap initiatives based on business impact, stakeholder value and regulatory constraints.
- Collaborate with business readiness and impacted teams to ensure successful deployment of the product into the live environment.
- Ensure programme milestones are met and deliverables are of high quality.
Skills and Experience
- Degree or professional equivalent, or significant experience in a similar role (essential).
- Significant experience as Product Owner in B2B2C digital propositions or leading product ownership in transformation programmes.
- Previous experience working with Actuarial teams and pricing systems.
- Understanding of actuarial concepts e.g. cashflow modelling, present values (essential).
- Highly accurate and quality‑focused, with excellent attention to detail.
- Resilient and able to adapt, working hands‑on when required.
- Excellent interpersonal and collaboration skills and able to communicate to a range of stakeholders.
- Experience of working in a customer‑focused environment creating disruptive customer propositions.
- Highly organised with a high level of self‑motivation and enthusiasm to succeed.
- Ability to plan, manage & prioritise own workload, e.g. personal planning, organisation and ability to multi‑task to see a job through to conclusion.
What’s in it for you
- A competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on us for your birthday.
- Private medical cover and income protection.
- A generous and highly achievable bonus scheme.
- Opportunities to progress your career in‑role and within the company.
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
- A variety of employee‑funded benefits available via our online benefits portal.
- Plus several additional purchase options available for you and your loved ones.
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