At a Glance
- Tasks: Lead cross-functional teams to deliver impactful product changes and manage complex backlogs.
- Company: Dynamic insurance company focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Join a supportive team that values creativity and continuous improvement.
- Why this job: Shape the future of products while making a real difference in the industry.
- Qualifications: 4+ years as a Product Owner with strong communication and agile skills.
The predicted salary is between 55000 - 65000 £ per year.
We are seeking a delivery-focused Product Owner to join a Value Stream, working with a cross‑functional team to deliver valuable, outcome‑driven change across our business capabilities. This role may operate across different domains (e.g. Reinsurance, Claims, Data), requiring the ability to quickly understand new problem spaces and focus on delivering the highest value outcomes.
As Product Owner, you will ensure the team works on the right priorities to deliver business value. You will collaborate with internal and external stakeholders to identify, prioritise, deliver, and manage the adoption of features. You will own complex problems, shape solutions, and ensure that delivered outcomes are adopted and provide measurable value. You will influence direction, challenge assumptions, and drive continuous improvement in how products and change are delivered.
You will also work closely with the Product Manager to contribute to product direction, with a primary focus on day‑to‑day delivery, ensuring outcomes align to business objectives and that products and services remain operational and fit for purpose.
Key Responsibilities- Act as the voice of the customer, representing user needs and ensuring delivery focuses on meaningful business outcomes.
- Translate ambiguous business problems into clear, outcome‑focused delivery goals.
- Own and proactively manage a complex, multi‑stream product backlog aligned to business priorities and OKRs, ensuring a clear and continuous flow of work.
- Facilitate workshops to define and shape work, assess value, and capture requirements into well‑defined deliverables with acceptance criteria.
- Build strong relationships with internal and external stakeholders, enabling effective collaboration with fast feedback loops.
- Act as a trusted advisor providing insight on trade‑offs, sequencing, and delivery options.
- Champion the product vision and direction, fostering strong ownership and team health.
- Bring an innovative approach to product ownership, exploring emerging tools (including AI) to enhance work definition and continuous improvement.
- Own and lead the continuous improvement of services, capabilities, and applications to drive efficiency, scalability, and reliability.
- Reporting: Product Manager
- Direct Reports: None
- Key Partners: Product Managers, Change Manager, Flow Engineers, Lead Product Owner, Engineering Chapter Leads, and Business Stakeholders & Sponsors (Underwriting, Pricing, Operations, Risk, Finance, Data).
- Minimum 4+ years as a Product Owner or in a similar role.
- Proven success in delivering complex change initiatives with high levels of uncertainty.
- Strong business acumen and financial sense, able to build compelling business cases and understand ROI.
- Excellent communication, facilitation, and interpersonal skills, able to collaborate with diverse technical and non‑technical stakeholders.
- Experience supporting and energising engineering teams, fostering a positive collaborative environment.
- Strong understanding of agile principles, experience in lean and fast‑moving environments, and the ability to optimise flow and productivity.
- Experience in tracking the success and adoption of change, measuring desired outcomes, usability, customer satisfaction, and overall success.
- Experience creating and tracking OKRs.
- Certified Agile Product Owner.
- Experience with Jira, Confluence, Lucid Chart.
- Experience with emerging technologies.
- Experience in Insurance and/or Reinsurance.
Product Owner employer: Hiscox Underwriting Group Services Ltd (HUGS)
As a leading employer in the insurance sector, we pride ourselves on fostering a collaborative and innovative work culture that empowers our Product Owners to drive meaningful change. With a strong focus on employee growth, we offer extensive training opportunities and support for professional development, ensuring that our team members can thrive in their roles. Located in a vibrant area, our company provides a dynamic environment where creativity and strategic thinking are encouraged, making it an excellent place for those looking to make a significant impact.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner
✨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
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 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.
