Product Owner (L3)

Product Owner (L3)

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Concirrus

At a Glance

  • Tasks: Lead the development of innovative underwriting modules in a dynamic insurtech environment.
  • Company: Join Concirrus, a forward-thinking insurtech company transforming the insurance lifecycle.
  • Benefits: Enjoy competitive pay, private healthcare, and a supportive learning environment.
  • Other info: Be part of a vibrant team culture with regular social events and career growth opportunities.
  • Why this job: Make a real impact in the insurance industry while collaborating with diverse teams.
  • Qualifications: 3+ years in product management, preferably in insurtech or specialty insurance.

The predicted salary is between 36000 - 60000 £ per year.

Concirrus is trusted by leading specialty insurers to enhance efficiency throughout the insurance lifecycle from acquisition to renewal. We automate processes such as submission ingestion, compliance checks, ESG monitoring, and portfolio management, allowing underwriters to focus on value-added activities. This results in increased operational efficiency and faster business acquisition.

D&I Statement

We aspire to build a diverse team and cultivate an inclusive environment where everyone is empowered to perform their best work. As we continue to learn and evolve, we are committed to:

  • Providing a safe environment where all individuals feel accepted and valued.
  • Continuing to educate ourselves and celebrate our differences.
  • Ensuring that our behaviours align with our values and our dedication to DE&I.
  • Regularly reviewing our performance and perpetually striving for improvement.

The Role

As a Product Owner for Underwriting Modules in our growing insurtech organisation, you will lead the development and optimisation of key underwriting functionalities within our insurance platform. You will be responsible for translating complex underwriting requirements into prioritised, actionable tasks, collaborating closely with cross-functional teams, and ensuring that the platform's underwriting modules meet the evolving needs of our clients in the specialty insurance sector. This role requires a deep understanding of insurance underwriting processes or the ability to learn these, technical capabilities, and the ability to manage multiple stakeholders while aligning product development with the company’s overall strategy.

Key Responsibilities

  • Underwriting Module Development: Oversee the end-to-end development of underwriting modules, ensuring that these features meet market demands and client requirements.
  • Product Execution: Translate underwriting needs into detailed product requirements, user stories, and development tasks, prioritising based on business value, technical feasibility, and customer impact.
  • Stakeholder Management: Build trust with multiple internal and external stakeholders, including underwriters, product managers, and developers, ensuring clear communication and alignment on product goals and timelines.
  • Continuous Improvement: Actively seek feedback from users and clients to identify opportunities for enhancing underwriting modules. Collaborate with development teams to iterate on the product, ensuring continuous improvement and innovation.
  • Technical Evaluation: Collaborate with engineering teams to evaluate technical solutions and understand constraints. Ensure product decisions align with the technical capabilities and limitations of the platform.
  • Roadmap Influence: Influence the short-term product roadmap by advocating for underwriting module improvements and client-driven enhancements that align with broader company objectives.
  • Management skills: Mentorship to junior Product Owners, guiding them on best practices in product management and ensuring alignment with the overall product vision.
  • Market understanding: Maintain a moderate understanding of the specialty insurance market, staying informed of trends and competitive offerings. Use this insight to guide product development and strategy.

Key Capabilities

  • Risk Tracking: Manage the development of tools and features that allow users to efficiently track and assess underwriting risks.
  • Quote & Bind: Oversee the evolution of the Quote and Bind module, ensuring seamless integration with underwriting processes and client workflows.
  • Integrations: Champion and deliver robust integrations with third parties that expand product capabilities and deliver exceptional customer value.

Qualifications

  • 3+ years of experience in product management, preferably within Insurtech, fintech, or specialty insurance sectors.
  • Strong understanding of underwriting processes in insurance, particularly in specialty lines.
  • Experience translating business and underwriting needs into technical requirements and user stories.
  • Proven ability to work cross-functionally with development teams, underwriters, and business stakeholders.
  • Excellent communication and leadership skills with the ability to manage and influence stakeholders at all levels.
  • Analytical mindset with the ability to prioritise tasks and make data-driven decisions.
  • Familiarity with Agile methodologies and product development frameworks.

Preferred Qualifications

  • Experience in developing underwriting software or platforms.
  • Background in specialty insurance, such as professional liability, marine, or cyber insurance.
  • Understanding of risk management and regulatory requirements in specialty insurance.

Personality Traits and Mindset

  • Strong sense of urgency and ability to work under pressure to meet tight deadlines.
  • Ability to thrive in ambiguous situations and make decisions with incomplete information.
  • Self-motivated and able to operate with complete self-agency.
  • Passionate about data engineering and committed to delivering high-quality work.
  • Thought leader in the data Science domain, with a deep understanding of industry trends and best practices.
  • Ability to inspire and motivate the team towards continuous improvement and innovation.

Benefits

As well as the opportunity to work in a fast-paced, dynamic environment, we like to look after our team members at Concirrus. Here are some of our perks:

  • We pay competitively with regular pay reviews.
  • Tax efficient Pension Scheme with 5% matched contribution.
  • Private medical insurance from Vitality Healthcare.
  • Life insurance AIG Life.
  • Learning & Development fund for all employees.
  • 25 days annual leave (plus public holidays).
  • Modern offices close to Liverpool Street Station.
  • Coffee and snacks are all on hand in the office to keep you fuelled.
  • Monthly team drinks, birthday cakes and social events.
  • Season Ticket Loan and Cycle2Work schemes, plus seasonal flu vaccinations.
  • Plus, we’re always on the lookout for creative ways to look after our employees and encourage them to come to us when they have an idea or need.

Join us at Concirrus and be part of a diverse and inclusive team where your talents and ideas are valued. Apply now and let's transform the insurance industry together!

Product Owner (L3) employer: Concirrus

At Concirrus, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our commitment to employee growth is evident through our learning and development fund, competitive pay, and comprehensive benefits, including private medical insurance and a generous pension scheme. Located near Liverpool Street Station, we offer a vibrant office environment where creativity and collaboration thrive, making it an ideal place for passionate individuals to contribute to transforming the insurance industry.
Concirrus

Contact Detail:

Concirrus Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Owner (L3)

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its products. Understand their underwriting processes and think about how your skills can enhance their platform. This will show you're genuinely interested and ready to contribute.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role of Product Owner. Highlight your ability to manage stakeholders and translate complex requirements into actionable tasks—this is key for impressing interviewers.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re keen on joining our team at Concirrus and being part of our mission to transform the insurance industry.

We think you need these skills to ace Product Owner (L3)

Product Management
Underwriting Processes
Stakeholder Management
Agile Methodologies
Technical Requirements Translation
Cross-Functional Collaboration
Communication Skills
Analytical Mindset
Risk Management
Continuous Improvement
User Story Development
Market Understanding
Mentorship
Integration Management
Data-Driven Decision Making

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Product Owner role. Highlight your experience in product management, especially in insurtech or specialty insurance, and show how your skills align with what we're looking for.

Showcase Your Understanding of Underwriting: Demonstrate your knowledge of underwriting processes in your application. If you have experience translating business needs into technical requirements, make that clear! We want to see how you can bring value to our underwriting modules.

Be Clear and Concise: When writing your application, keep it straightforward. Use bullet points where possible to make your achievements stand out. We appreciate clarity and want to quickly see how you can contribute to our team.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you're keen on joining our team!

How to prepare for a job interview at Concirrus

✨Know Your Underwriting Stuff

Make sure you brush up on your understanding of insurance underwriting processes, especially in specialty lines. Being able to discuss these concepts confidently will show that you’re not just a product owner but someone who truly understands the market.

✨Showcase Your Stakeholder Skills

Prepare examples of how you've successfully managed multiple stakeholders in previous roles. Highlight your communication strategies and how you built trust with different teams. This is crucial for the role, so make it a key part of your discussion.

✨Be Agile and Adaptable

Familiarise yourself with Agile methodologies and be ready to discuss how you've applied them in past projects. Concirrus values continuous improvement, so share specific instances where you’ve iterated on products based on user feedback.

✨Bring Data to the Table

Demonstrate your analytical mindset by preparing to discuss how you’ve used data to drive decisions in product management. Whether it's prioritising tasks or evaluating technical solutions, showing your data-driven approach will resonate well with the interviewers.

Product Owner (L3)
Concirrus
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