At a Glance
- Tasks: Lead transformation in underwriting, shaping strategy and driving product vision.
- Company: Dynamic insurance company focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Join a collaborative team dedicated to continuous improvement and transformation.
- Why this job: Make a real impact in the insurance sector while collaborating with senior leaders.
- Qualifications: Experience in insurance as a Product Manager with strong strategic skills.
The predicted salary is between 60000 - 80000 £ per year.
Key Responsibilities
- Act as the UK Leadership Team (UKLT) front door to transformation, reporting to the relevant UKLT member as a dotted line.
- Define, own and iterate the product vision & strategy for the underwriting business area, using both external and internal data to drive strategic decisions.
- Own backlog: define outcomes, prioritise epics/features, using a transparent framework tied to measurable value.
- Co-create and evolve strategy with the senior team, translate strategy into capability needed.
- Develop and manage the business-area roadmap, ensuring alignment with overall business strategy.
- Make and defend complex prioritisation and investment trade-offs across competing strategic objectives, acting as a strong voice of the business in transformation governance.
- Accountable for the delivery and optimisation of material business benefits, including commercial growth, efficiency and customer outcomes, and for corrective action where value is at risk.
- Track performance, identify challenges and opportunities, and define success metrics (OKRs/KPIs) to monitor and iterate.
- Collaborate with design, technology and business teams to shape solutions and embed customer insight into product and roadmap decisions.
- Drive opportunities to enable business-owned change and increase flexibility and agility in delivery.
Candidate Profile – Skills & Experience
- Strong experience in the insurance sector, operating as a Product Manager – Senior Product Manager – underwriting or underwriting platform environments, with clear understanding of underwriting processes and risk decision-making.
- Proven experience partnering with senior stakeholders, including Executive/ExCo-level leaders, to shape strategy, define road-maps and influence investment decisions.
- Track record of leading and delivering large-scale product or transformation initiatives across complex business domains.
- Strong strategic and commercial mindset, able to balance growth, efficiency and customer outcomes.
- Experience owning and evolving product road-maps, including prioritisation, trade-off decisions and benefits realisation.
- Strong skills in discovery and problem framing, working with design, technology and business teams to shape solutions.
- Strong understanding of embedding customer insight into product and roadmap decisions, particularly within digital or customer-facing environments.
- Comfortable operating in matrixed, cross-functional environments with strong stakeholder management and influencing capability.
- Strong communication skills and ability to articulate the case for change.
- Experience working in Agile product environments, including backlog ownership and delivery oversight.
- Data-driven mindset, with experience tracking performance and delivering measurable outcomes.
- Collaborative leadership style, ability to bring others along the transformation journey.
- Growth mindset, focused on continuous improvement and unlocking potential.
- Team player, able to bring others along the transformation journey.
Ways of Working
- Collaborative and inclusive, working across teams to shape priorities and deliver outcomes.
Product Manager – Underwriting employer: Hiscox Underwriting Group Services Ltd (HUGS)
As a Product Manager in Underwriting at our company, you will thrive in a collaborative and inclusive work culture that values innovation and strategic thinking. We offer exceptional employee growth opportunities, including mentorship from senior leaders and access to cutting-edge resources, all within a dynamic environment that prioritises both commercial success and customer satisfaction. Located in the heart of the UK, our office provides a vibrant atmosphere that fosters creativity and teamwork, making it an excellent place for professionals seeking meaningful and rewarding careers.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager – Underwriting
✨Tip Number 1
Network like a pro! Reach out to people in the insurance sector, especially those who are already in product management roles. Use LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by understanding the company’s product vision and strategy. Be ready to discuss how your experience aligns with their goals, especially around underwriting processes and risk decision-making. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that resonate with your values and career aspirations. Check out our website for openings that match your skills in product management and underwriting. Tailor your approach to each opportunity!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. Reiterate your enthusiasm for the role and mention something specific from the conversation that excited you. It keeps you top of mind and shows your genuine interest.
We think you need these skills to ace Product Manager – Underwriting
Some tips for your application 🫡
Know Your Stuff:Make sure you understand the ins and outs of underwriting and product management. We want to see that you can talk the talk and walk the walk when it comes to the insurance sector.
Tailor Your Application:Don’t just send a generic CV and cover letter. We love it when you personalise your application to show how your experience aligns with our needs. Highlight your strategic mindset and any relevant projects you've led.
Showcase Your Collaboration Skills:We’re all about teamwork here at StudySmarter. Make sure to include examples of how you’ve worked with cross-functional teams and influenced stakeholders in your previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to get your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Hiscox Underwriting Group Services Ltd (HUGS)
✨Know Your Product Inside Out
Before the interview, dive deep into the underwriting processes and risk decision-making. Familiarise yourself with the latest trends in the insurance sector and be ready to discuss how you can leverage this knowledge to define and iterate the product vision.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully partnered with senior stakeholders in the past. Highlight your ability to influence investment decisions and shape strategy, as this will resonate well with the leadership team.
✨Demonstrate Your Data-Driven Mindset
Be ready to discuss how you've used data to track performance and define success metrics in previous roles. Share specific instances where your data-driven approach led to measurable outcomes, as this aligns perfectly with their expectations.
✨Emphasise Collaboration and Agility
Since the role requires working in cross-functional environments, prepare to talk about your experience in Agile product environments. Discuss how you've collaborated with design, technology, and business teams to shape solutions and drive transformation.
