At a Glance
- Tasks: Lead AI product development and drive innovative solutions for business impact.
- Company: Join Beazley, a forward-thinking company revolutionising the insurance industry with AI.
- Benefits: Enjoy competitive pay, flexible working, generous leave, and health coverage.
- Other info: Embrace a culture of diversity, inclusion, and continuous improvement.
- Why this job: Be at the forefront of AI innovation and transform business processes.
- Qualifications: Experience in AI product delivery and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Beazley's data reflects the complexity of our business. We are committed to building a modern data culture that ensures data is reusable and integrated into our business products and services effectively.
In this role you will be responsible for defining, prioritizing, and delivering AI-driven solutions that create strategic business value. This role focuses on leveraging advanced analytics, machine learning, and generative AI to enhance decision‐making, improve customer experiences, and optimize operational efficiency. This role focuses on enabling the business to leverage AI to reimagine business processes and outcomes, and embedding new ways of working, insights, behaviours, and operational efficiency, while ensuring compliance with regulatory requirements.
You will own the vision and roadmap for AI products and foundational capabilities, ensuring alignment with business objectives, regulatory requirements, and ethical AI principles. You will work closely with Data Scientists, Engineers, Product Managers, and business stakeholders to deliver scalable solutions that are trusted, explainable, and impactful. The role requires close collaboration with the AI team, business stakeholders, data/change leadership and outsourced partners to drive innovation, and support decision-making through advanced analytics and AI.
Key Responsibilities
- AI Product Vision & Strategy
- Define and communicate the vision, goals, and roadmap for AI products.
- Align AI initiatives with business strategy and regulatory compliance.
- Work with Head of AI to establish AICoE and drive platform/product capability in collaboration with federated analytics teams in Finance, Underwriting, Actuarial and Claims.
- Own and prioritize the AI product backlog, balancing short‐term delivery with long‐term strategic goals.
- Translate business problems into AI use cases with clear actionable user stories and acceptance criteria.
- Ensure delivery practices (Agile/Scrum/Kanban), NFRs (performance, governance, resilience, privacy‐by‐design), and control frameworks (quality, metadata, lineage) are embedded.
- Value Realisation
- Drive delivery of AI products through agile ceremonies (sprint planning, reviews, retrospectives).
- Monitor KPIs and value metrics to ensure AI products deliver measurable outcomes (e.g., loss ratio improvement, leakage reduction, NB premium, campaign ROI uplift, cycle‐time reduction).
- Maintain product‐level scorecards and dashboards tracking usage, quality, SLA performance, and business impact.
- Manage seamless AI product integration into Value streams (martech/Claims, etc.) and Change initiatives (Modernisation, Underwriting Transformation, etc.).
- Governance & Responsible AI
- Ensure adherence to responsible AI principles, data privacy, and regulatory standards.
- Integrate governance standards for data quality, cataloguing, stewardship, lifecycle management, security, etc.
- Support model explainability, bias detection, and audit readiness.
- Ensure fit‐for‐purpose non‐functional requirements (performance, resilience, observability, etc.).
- Stakeholder Engagement & Ways of Working
- Build trusted relationships with AI/Data team and business stakeholders, to prioritize demand and measure business value.
- Ensure clear RACI and handoffs across build/run between internal and partner teams; avoid duplication, ensure accountability.
- Collaborate with Product Managers to embed AI capabilities into broader product strategies.
- Work closely with Data Scientists, ML Engineers, and MLOps teams to ensure technical feasibility and scalability.
- Act as the primary liaison between business stakeholders and AI team.
- Educate stakeholders on AI capabilities, limitations, and ethical considerations.
- Gather requirements, validate assumptions, and ensure stakeholder alignment.
- Foster a culture of continuous improvement and innovation within your stakeholders.
General (Core Values)
- Adopt the Beazley culture of being bold, striving for better and doing the right thing. This contributes to an internal environment of teamwork and promotes a positive brand image and experience to all our external customers.
- Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct Rules. Undertake training on Beazley policies and procedures as delivered by your line manager, Talent Management or assurance teams (compliance, risk, internal audit) either directly, via e‐learning or the learning management system.
- Display business ethics that uphold the interests of all our customers.
- Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
- Comply with any specific responsibilities necessary for your role as outlined by your line manager, Talent Management or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.
- Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.
Personal Specification
We're looking for candidates who are passionate about driving data products that will help Beazley innovate and unlock best‐in‐class approaches to Data and AI. Candidates should have a proven track record of delivering AI products and leading squads that enhance value delivery across a business. We are looking for someone who can lead and cultivate high performance AI delivery, and knows how to encourage performance, motivate peers to reimagine the art of the possible, and collaborate at all levels of an organisation.
The successful candidate should have a passion for data and a curious mindset both for Beazley and the wider insurance industry. Great communication skills across all levels of seniority and the ability to represent data internally and externally to our colleagues, and clients will also be important.
Essential Criteria
- Stakeholder influence, structured problem‐solving, commercial acumen, clear communication, and change leadership.
- Domain Expertise: Strong understanding of the specialist area (Ops/Reg, Dist/Marketing, or Policy/Claims) and adjacent functions (pricing, risk, finance).
- Detailed knowledge of business and technology issues/opportunities related to insurance, data and AI.
- Strong understanding of data management principles, data governance, and analytics.
- Experience in Agile product development and backlog management.
Education
- Degree in Data Science, Computer Science, Business Analytics, or related field; advanced degree desirable.
Knowledge & Experience
- Demonstrable experience of AI product delivery/ownership within insurance or financial services.
- Strong understanding of AI/ML concepts, model lifecycle, and MLOps.
- Knowledge of ethical AI principles and regulatory frameworks.
- Stakeholder influence, structured problem‐solving, commercial acumen, clear communication, and change leadership.
- Experience applying AI & automation to enhance and support data product strategy and delivery in insurance.
- Experience in machine learning and data analysis, including GenAI and Agentic frameworks.
- Experience with cloud platforms, API driven architecture, and modern data platforms including MLOps.
- Proven ability to manage AI driven product initiatives, and detailed understanding of how AI creates business value and drives new ways of working/decision making.
- Strong understanding of data management principles, data governance, and analytics.
- Experience in Agile product development and backlog management.
- Familiarity with insurance industry data (policy, customer, regulatory) preferred.
- Ability to translate business needs into technical requirements and vice versa.
- Delivery excellence: structured, outcomes‐focused, able to unblock and drive pace.
- Stakeholder influence: credible with business and technical teams; clear communicator.
- Analytical & strategic: frames value/benefits; ties delivery to business outcomes and strategy.
Competencies
- Ability to define and drive AI product strategy aligned with business objectives.
- Experience in designing and operationalising AI policies, principles, and strategic frameworks.
- Strong understanding of insurance data domains, governance, architecture, analytics, and data platforms.
- Experience in influencing and aligning senior leaders across business and technology.
- Proven track record of leading high performing AI product teams.
- Strong commercial acumen with the ability to link AI product strategy to value creation in Insurance.
- Ability to extract information by questioning, listening and interviewing.
- Results oriented.
- Problem solving skills.
- Collaborative team player.
Don't meet all the requirements?
At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
The Rewards
- The opportunity to connect and build long‐lasting professional relationships while advancing your career with a growing, global organization.
- Attractive base compensation and discretionary performance related annual bonus.
- Private medical insurance coverage for both you and your dependents.
- Company paid life assurance and long term disability insurance.
- Pension with 10% employer contribution, plus a further matched contribution up to 2.5%.
- 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
- Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually.
- Up to £550 reimbursement towards home office setup.
- Free in‐office lunch and monthly lifestyle allowance.
- Monthly travel allowance or annual season ticket.
- The opportunity to save for, and purchase, shares of Beazley stock.
- Six months fully paid parental leave, regardless of how you come to parenthood.
- Company paid sabbatical up to 12 weeks after 10 years of continued service.
- Support with exam/study leave and fees for relevant qualifications related to furthering education.
- Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business.
- We are an equal opportunities employer and as such, we will make reasonable adjustments to our selection process for candidates that indicate that, owing to disability, our arrangements might otherwise disadvantage them. If you have a disability, including dyslexia or other non‐visible ones, which you believe may affect your performance in selection, please advise us in good time and we'll make reasonable adjustments to our processes for you.
Product Owner in Belsize Park employer: Beazley Management Limited
Beazley is an exceptional employer that fosters a culture of innovation and collaboration, particularly in the dynamic field of AI and data science. With a strong commitment to employee growth, we offer extensive benefits including flexible working arrangements, generous parental leave, and opportunities for professional development, all within a supportive environment that values diversity and ethical practices. Located in a vibrant area, our team enjoys not only competitive compensation but also a range of lifestyle perks that enhance work-life balance.
Contact Details:
Beazley Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner in Belsize Park
✨Join Product Management Meetups
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✨Show Off Your Product Sense
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We think you need these skills to ace Product Owner in Belsize Park
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 Beazley Management Limited. 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 Beazley Management Limited
✨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.