At a Glance
- Tasks: Lead product development from concept to launch, ensuring quality and data-driven decisions.
- Company: Join a fast-growing, innovative company empowering entrepreneurs across the UK.
- Benefits: Competitive salary, hybrid working, and opportunities for career progression.
- Other info: Be part of a diverse team committed to continuous learning and growth.
- Why this job: Make a real impact on product development while shaping customer experiences.
- Qualifications: 5+ years in product ownership with strong data analysis skills.
The predicted salary is between 63000 - 77000 £ per year.
About 1st Formations
At 1st Formations, we empower entrepreneurs to start, run, and grow their businesses with confidence. Running a business shouldn’t be slowed down by company formation, statutory compliance, accounting, or payroll. From day one, these essentials should be seamless, reliable, and intelligently handled — freeing founders to focus on building and scaling. We’re a leading UK provider of company formation and compliance services, building a modern, fully integrated technology platform that supports founders at every stage of their journey. Our platform brings together formation, compliance, accounting, payroll, and ongoing business support in one cohesive experience.
Why Join Us Now?
You’ll be joining a business with strong momentum, clear direction, and real opportunity for progression.
- £18m annual revenue, including £9m ARR
- Over 1 million companies formed
- Certified B Corp and Carbon Neutral Business
- Forecast to grow 5x–10x over the next three years
The Role
As Product Owner (Data & Delivery), you’ll own one product area end to end, from requirement through to released, accepted and measured. Working to the Senior Product Manager, you’ll turn agreed outcomes into well-shaped requirements, a prioritised backlog and released changes that work for customers, operations and commercial teams. The role is data-led. You’ll define the measures that matter for your area, query the data yourself rather than waiting to be told what it shows, and work with our Data and Analytics Lead to turn data needs into clear specifications. Quality is part of the job too: you’ll own business acceptance, defect triage and release readiness, with changes you specified accepted by our Product Quality Analyst, and theirs by you. You’ll also play a significant part in our platform migration programme, covering requirements, scoping, prototyping and testing.
Key Responsibilities
Own delivery of your product workstreams end to end, from refined requirement to release and post-release review. Turn outcomes set by the Senior Product Manager or CPO into clear epics, user stories and acceptance criteria. Own and prioritise the backlog, running refinement, planning and review with engineering and design. Manage dependencies and risks, and keep operations, support and commercial teams informed on scope and timing. Define success measures, baselines and targets for each workstream before build starts. Query data directly to size problems, test assumptions and challenge analytical outputs before they’re relied on. Analyse funnels, cohorts and drop-off to find where journeys fail and where the commercial opportunity sits. Design and interpret A/B tests, and specify tracking for every change so it’s measurable from release. Own reporting for your area, recommending whether to iterate, scale or stop after release. Shape and test platform migration work, including requirements, data mapping, prototyping, reconciliation and dry runs. Own business acceptance, defect triage and release readiness, accepting the Product Quality Analyst’s changes and having yours accepted by them. Validate end-to-end customer journeys, including compliance-sensitive steps, and make sure each release has the documentation the business needs.
What We Are Looking For
5+ years’ experience as a Product Owner, Product Analyst or in Product Operations within a digital product environment, including time owning delivery of a workstream rather than supporting one. Strong hands‑on data skills, including writing your own SQL and working confidently with large datasets, so you can answer your own questions and form a view from the data. Sound analytical judgement: you separate signal from noise, recognise when a number isn’t reliable, and say so. Experience using funnel, cohort and retention analysis to change what a team builds. Experience designing and interpreting A/B tests, including sample sizing and an honest reading of inconclusive results. Experience defining tracking and event requirements, using tools such as Mixpanel, Amplitude or GA4. Confidence writing clear, testable user stories and acceptance criteria, and running refinement with engineering in an Agile team using tools such as Linear, Jira or Asana. Experience of business or user acceptance testing (BAT/UAT), validating end-to‑end customer journeys across web platforms, and holding the line on readiness before release. The ability to take a defined outcome and run it to delivery, making sound trade‑offs between value, effort, risk and dependency. Commercial awareness of how product changes affect conversion, revenue, cost to serve and operational load. Clear written and verbal communication across Product, Engineering, Data, Operations, Support and Commercial teams, with the pace and pragmatism to know when good enough is the right answer. A degree in a numerate, business or technology discipline, or equivalent practical experience. Data or platform migration experience (requirements, data mapping, reconciliation and testing) is a strong advantage, and experience in a regulated environment.
What We Offer
£65-75k and comprehensive benefits package. Hybrid working model. Real opportunities for progression as the business scales. The chance to influence both customer experience and product development. A culture that values ownership, impact, and continuous learning.
Equal Opportunities
1st Formations is an equal opportunity employer and is committed to creating a diverse and inclusive workplace. We consider all applicants for employment without regard to race, colour, religion, sex, national origin, sexual orientation, age, citizenship, marital status, criminal history, disability, or gender identity. We encourage individuals from all backgrounds to apply. If you have a disability or special need that requires accommodation, please let us know.
Product Owner employer: 1st Formations
1st Formations is an exceptional employer that prioritises employee growth and innovation within a collaborative work culture. Located in London, we offer a hybrid working model that fosters flexibility while empowering our team to make a meaningful impact on customer journeys. With a focus on continuous learning and development, we provide unique opportunities for our employees to thrive in their careers while contributing to the success of our customers.
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like 1st Formations!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at 1st Formations would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at 1st Formations through your school's career services!
We think you need these skills to ace Product Owner
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Owner, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Owner position at 1st Formations. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at 1st Formations
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
