At a Glance
- Tasks: Lead the development of digital products and improve business efficiency.
- Company: Join Allied World, a global leader in insurance and reinsurance solutions.
- Benefits: Enjoy perks like a stunning office view, professional development, and competitive health benefits.
- Why this job: Be part of a collaborative culture that values innovation and personal growth.
- Qualifications: Bachelor's degree preferred with 3-5 years in product roles, especially in insurance.
- Other info: Work in a vibrant office and participate in exciting social events.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training, and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.
Job Summary: The Product Owner’s mission is to work with stakeholders to create and evolve Allied World digital products. Working closely with their Product Team Leadership, business stakeholders, end users, and other functional groups (e.g., Design, Development, Infrastructure), the Product Owner will identify opportunities to improve efficiency, drive innovation, and solve business problems to support the growth of Allied World’s business. They will work with their cross-functional Product Team to implement solutions that bring value to Allied World.
Key Responsibilities:- Understand the business need, user needs, manage priorities and establish the vision for the product
- Develop and maintain the roadmaps, release plans, and backlogs
- Decompose the business needs into user stories with acceptance criteria
- Create and leverage the business case to understand and quantify the value of outcomes
- Identify relevant stakeholders and users and their impact/interest
- Provide regular updates on strategic and tactical plans (e.g., roadmap reviews and demos)
- Grow the Agile Practice at Allied World - “How” Work with the team and broader organization to adopt agile practices to improve transparency, communication, effectiveness, and team happiness.
- Participate in the AW IT Community and bring new ideas and practices to the community.
- Preferred qualification of a bachelor’s degree with product development experience
- Preferred business domain knowledge of insurance and/or reinsurance
- 3-5 years’ experience in a product role
- Experience defining and documenting epics, user stories, acceptance criteria, etc for complex solutions (preferred)
- Experience working on underwriting and pricing projects and knowledge of PAS systems e.g. Duck Creek, Guidewire, and pricing systems such as Rulebook.
- Strong knowledge of UW and pricing business functions, processes, and operations, objectives, and strategies
- Documentation of management systems & workflow application experience
- General knowledge of IT concepts, strategies, and methodologies, including architectural and security concepts, systems development lifecycle, information management, and portfolio management (production systems, release planning, change management)
- Demonstrated ability to communicate both in business and technical terms
- Change Agent – skills to perform research, collect & analyze data, conceptualize, and proactively manage change, conduct user research, customer interviews, and lean experiments
- Organizational, time management, and motivational qualities; Ability to enable employees to perform tasks to achieve objectives
- Effective communication, collaboration, flexibility, and adaptability skills
- Ability to plan, prioritize, and manage multiple initiatives with strong attention to detail
- Emotional Intelligence (EQ) for managing interpersonal relationships
- Excellent group discussion facilitation, written communication, stakeholder expectation management, and trust-building skills
- Design Thinking and Agile Thinking skills for creative problem-solving and adaptability
- Leadership qualities including coaching, conflict resolution, delegation, inspiration, and effective communication
- Location on the 19th floor of the Walkie Talkie/Sky Garden building
- Breakfast in the office
- Employee Share scheme
- Professional development opportunities
- Competitive annual leave
- Private Medical & Dental insurance
- Group Life Assurance
- Income protection
- Discretionary Annual Bonus
- Employer pension contributions
- Gym subsidy
- Social events
About Fairfax and Allied World: Fairfax is a holding company engaged in insurance, reinsurance, and investment management. Allied World Assurance Company Holdings, Ltd, provides insurance and reinsurance solutions globally, supporting clients since 2001. We are part of Fairfax Financial Holdings Limited and offer a strong capital base and worldwide network. Our benefits include health, dental, disability insurance, a 401k plan, and Group Term Life Insurance. We are an Equal Opportunity Employer. All qualified applicants will be considered without regard to disability, veteran status, or other protected characteristics.
IT Product Owner-Underwriting (London) employer: Allied World Assurance Company Holdings
Contact Detail:
Allied World Assurance Company Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Product Owner-Underwriting (London)
✨Tip Number 1
Familiarise yourself with Agile methodologies, as this role heavily emphasises the adoption of Agile practices. Consider joining local Agile meetups or online forums to connect with other professionals and gain insights into best practices.
✨Tip Number 2
Gain a solid understanding of underwriting processes and pricing systems like Duck Creek or Guidewire. You could explore online courses or webinars that focus on these specific tools to enhance your knowledge and demonstrate your commitment to the field.
✨Tip Number 3
Network with current employees at Allied World or similar companies through LinkedIn. Engaging in conversations about their experiences can provide you with valuable insights into the company culture and expectations for the Product Owner role.
✨Tip Number 4
Prepare to discuss your experience in managing cross-functional teams and stakeholder communication. Think of specific examples where you've successfully facilitated collaboration, as this will be crucial in demonstrating your fit for the role during interviews.
We think you need these skills to ace IT Product Owner-Underwriting (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product ownership, particularly in the insurance or reinsurance sectors. Emphasise your familiarity with Agile methodologies and any specific tools like Duck Creek or Guidewire.
Craft a Compelling Cover Letter: In your cover letter, express your passion for product development and how your skills align with the responsibilities outlined in the job description. Mention specific examples of how you've improved efficiency or driven innovation in previous roles.
Highlight Key Skills: Focus on showcasing your communication, collaboration, and leadership skills. Provide examples of how you've successfully managed stakeholders and facilitated discussions to achieve project goals.
Showcase Your Understanding of Agile Practices: Demonstrate your knowledge of Agile practices in your application. Discuss any experience you have in growing Agile practices within teams or organisations, as this is a key aspect of the role.
How to prepare for a job interview at Allied World Assurance Company Holdings
✨Understand the Product Owner Role
Make sure you have a solid grasp of what a Product Owner does, especially in the context of underwriting. Familiarise yourself with Agile methodologies and how they apply to product development, as this will be crucial in your discussions.
✨Showcase Your Domain Knowledge
Highlight your understanding of the insurance and reinsurance sectors. Be prepared to discuss your experience with underwriting and pricing projects, as well as any relevant systems like Duck Creek or Guidewire.
✨Prepare User Stories and Acceptance Criteria
Since the role involves decomposing business needs into user stories, come prepared with examples from your past work. Discuss how you defined acceptance criteria and how these contributed to successful project outcomes.
✨Demonstrate Strong Communication Skills
Effective communication is key for a Product Owner. Be ready to explain complex concepts in simple terms and show how you've facilitated discussions among stakeholders in previous roles. This will showcase your ability to bridge the gap between technical and business teams.