At a Glance
- Tasks: Lead transformation initiatives and shape product strategies for the Broker business area.
- Company: Join Hiscox, a leading brand in the insurance market known for innovation.
- Benefits: Enjoy a hybrid work model, flexible hours, and a commitment to diversity.
- Other info: Collaborative environment focused on growth and continuous improvement.
- Why this job: Make a real impact by driving change and enhancing broker experiences.
- Qualifications: Experience in insurance as a Product Manager with strong stakeholder management skills.
Build a brilliant future with Hiscox. Hiscox UK is a leading brand in the insurance market, recognised as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.
Business Context: Hiscox UK is embarking on a major transformation to drive growth and improve efficiency, ensuring we remain competitive in an increasingly complex market. This transformation focuses on four key business areas: Direct, Broker, Operations and Underwriting, with a strong emphasis on building a sustainable, long‑term transformation capability. A number of initiatives are already underway across these areas, requiring clear ownership, prioritisation and delivery to realise business value. Product Managers will play a critical role as transformation partners to the business, shaping vision, defining roadmaps and driving delivery of change. This is a senior role requiring strong stakeholder management and the ability to build trusted relationships at UKLT level.
The Role – Broker Channel: This role will specifically partner with the Broker business area, with responsibility for shaping and delivering the roadmap to support brokers in placing and servicing business with Hiscox. This includes driving the transformation of broker‑facing journeys, trading capability and supporting systems, ensuring the proposition evolves in line with market expectations, broker needs and competitive trends.
Purpose: Collaborate with Senior Leadership to define, own and continuously evolve the multi‑year roadmap for the business area, with end‑to‑end accountability for the strategic outcomes, investment decisions, benefits realisation across a multi‑product portfolio. Be accountable for articulating, evolving and landing the outcomes inherent within the roadmap for the business vertical they are supporting. Broker against competing demands to ensure the right trade‑offs are made to secure the benefits realisation plan. Own Discovery & Experience Design. Lead problem framing, hypothesis‑driven discovery, facilitate journey mapping and UX/CX collaboration. Ensure business outcomes are translated into clearly defined, outcome‑based product intent, with requirements elaborated at the appropriate level by the wider delivery team. Being the ambassador and voice of their journey area within the Transformation function, ensuring there is a clear articulation of the case for change and the capability needed to deliver that. Agree solutions and compromises to ensure the right decisions are made for our customer groups. Identifying issues across the complex delivery landscape and highlighting where business outcomes are under threat to ensure corrective action is taken. Create and foster strong relationships with all stakeholder groups across the business and transformation areas.
Key Responsibilities:
- Front door to Transformation – Acting as the UKLT’s front door to transformation, reporting to the relevant UKLT member as a dotted line.
- Define, Own and Iterate the Product Vision & Strategy – using both external and internal data to drive strategic decisions.
- Backlog ownership – Define outcomes, prioritise epics/features using a transparent framework tied to measurable value; be embedded within the business area working with the senior team to co‑create and evolve the strategy and then translate this into the capability needed.
- Roadmap development & management – Overall accountability for creating and evolving the business area roadmap, ensuring there is a clear read across to the business strategy.
- Trade‑off management – make and defend complex prioritisation and investment trade‑offs across competing strategic objectives, and act 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 and identify challenges and opportunities.
- Drive out opportunities to enable business‑owned change and increase flexibility and agility in delivery.
- Measurement – define success metrics (OKRs/KPIs), monitor performance and iterate.
Candidate Profile:
- Strong experience in the insurance sector, operating as a Product Manager / Senior Product Manager in broker‑facing or distribution environments, with a clear understanding of broker trading, placement and servicing.
- Proven experience partnering with senior stakeholders, including Executive/ExCo‑level leaders, to shape strategy, define roadmaps 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, with the ability to balance growth, efficiency and customer outcomes.
- Experience owning and evolving product roadmaps, including prioritisation, trade‑off decisions and benefits realisation.
- Strong capability in discovery and problem framing, working closely with design, technology and business teams to shape solutions.
- Experience 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, with the ability to clearly 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, with the ability to bring others along the transformation journey.
- Ways of working: Collaborative and inclusive, working across teams to shape priorities and deliver outcomes.
- Growth mindset, focused on continuous improvement and unlocking potential.
- Strong team player, able to bring others along the transformation journey.
Benefits:
- Hybrid work model: 2–3 days in the office per week.
- Flexible working arrangements.
- Inclusive culture and commitment to diversity.
Product Manager - Broker in York employer: Hiscox Underwriting Group Services Ltd (HUGS)
Hiscox UK is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee growth, we provide opportunities for professional development and a hybrid work model that promotes work-life balance. Our inclusive culture values diversity and empowers employees to contribute meaningfully to our transformation journey, making it a rewarding place to build a career in the insurance sector.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager - Broker in York
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We think you need these skills to ace Product Manager - Broker in York
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✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hiscox Underwriting Group Services Ltd (HUGS) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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