At a Glance
- Tasks: Lead the development of innovative underwriting products and shape the future of the London Market.
- Company: Join Hiscox, a dynamic specialist insurer with a culture of creativity and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, and a focus on mental and physical wellbeing.
- Other info: Be part of a diverse team that values integrity, courage, and continuous improvement.
- Why this job: Make a real impact in a fast-paced environment while working with cutting-edge technology.
- Qualifications: Experience as a Product Owner in underwriting and strong communication skills are essential.
The predicted salary is between 63000 - 77000 £ per year.
Build a brilliant future with Hiscox. As an international specialist insurer, we focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We insure the unique and the interesting. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
The Change Management Team collaborates with all areas of the London Market business unit to design and build market-leading capabilities across our people, processes and systems. Our goal is to embed lasting changes that deliver measurable benefit to our customers and help us reach our strategic goals. Working on our team is exciting and fast-paced. We shape and build the future of the London Market.
We are seeking a dynamic and experienced Product Owner to join our Underwriting value stream and lead the development and delivery of complex products that are helping to shape the future of the London Market. You will work with Product Managers, fellow Product Owners, developers, data science specialists and underwriting stakeholders to translate strategy into clear priorities and measurable outcomes. You will own and continually develop a complex product roadmap, taking initiatives from discovery through delivery and adoption.
A key focus of the role will be using data science, agentic AI and automation to improve how underwriting submissions are received, prioritised and progressed through the underwriting workflow. You will shape solutions that create tangible value for underwriters and the wider business. This role goes beyond backlog management. You will influence product direction, challenge assumptions and engage with senior stakeholders across the London Market business.
This is an exciting opportunity to join an innovative and market-leading team and contribute to high-profile, AI-enabled products with the potential to transform how underwriters work.
Key responsibilities:
- Own and proactively manage a complex, multi-stream product backlog aligned to strategic objectives and OKRs.
- Translate ambiguous business problems into clear, outcome-focused delivery goals.
- Ensure sprint goals are clear, achievable, and aligned to roadmap milestones.
- Conduct workshops to design and define delivery iterations, assess value, ensure work is prioritised and focused on delivering maximum value to our customers.
- Capture requirements as increments of delivery and refine with the delivery team.
- Be the first point of contact for the delivery team to answer questions, clarify requirements and remove blockers.
- Act as the voice of the customer, ensuring everyone understands the business value of the delivery increments.
- Attend and participate in Agile events – stand ups, refinement, planning and retrospectives.
- Provide feedback on the roadmap to the Product Manager, escalating risks, issues and blockers raised by the delivery team.
- Develop, manage and motivate a delivery team across internal and external teams.
- Build strong, productive relationships inside and outside of Hiscox.
- Partner with stakeholders across the London Market to shape scope, manage expectations, and drive alignment.
- Act as a trusted advisor to stakeholders, providing insight on trade-offs, sequencing, and delivery options.
- Coach and support less experienced Product Owners and contribute to Product Owner Chapter standards.
Key requirements:
- Experienced Product Owner with proven experience in a similar Underwriting role.
- Proven experience owning and developing a product roadmap.
- Ability to operate in ambiguity and bring clarity to complex problem spaces.
- Excellent communication and stakeholder management skills.
- An aptitude for customer centric problem solving.
- Experience using different analysis techniques to understand current processes.
- Experience of working in Agile or iterative way.
- Familiarity with OKRs, benefits tracking, and outcome-led delivery.
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture. We support hybrid ways of working to encourage a healthy work-life balance. We anticipate the successful candidate for this role will be in the office approximately 2 days a week.
If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and enjoy great employee benefits, come and join us.
Product Owner, Underwriting (London Market) in City of London employer: Hiscox Underwriting Group Services Ltd (HUGS)
Hiscox is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London or York. With a strong focus on employee growth, we provide ample opportunities for professional development through hands-on experience with cutting-edge AI technologies and a commitment to supporting citizen AI initiatives. Join us to be part of a forward-thinking team that values your contributions and empowers you to make a meaningful impact.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner, Underwriting (London Market) in City of London
✨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 Hiscox Underwriting Group Services Ltd (HUGS)!
✨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 Hiscox Underwriting Group Services Ltd (HUGS) 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 Hiscox Underwriting Group Services Ltd (HUGS) through your school's career services!
We think you need these skills to ace Product Owner, Underwriting (London Market) in City of London
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Owner, Underwriting (London Market), 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, Underwriting (London Market) position at Hiscox Underwriting Group Services Ltd (HUGS). 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 Hiscox Underwriting Group Services Ltd (HUGS)
✨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.
