London Market Change Product Manager
London Market Change Product Manager

London Market Change Product Manager

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead transformative change initiatives in the London Market, focusing on underwriting processes.
  • Company: Join Hiscox, a leading Lloyd’s syndicate with a rich history and innovative spirit.
  • Benefits: Enjoy competitive pay, career growth, and a dynamic work environment.
  • Why this job: Shape the future of underwriting with cutting-edge technology and impactful projects.
  • Qualifications: Experience in product management and change management is essential.
  • Other info: Be part of a collaborative team driving meaningful change in a historic institution.

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

London Market Change Product Manager page is loaded## London Market Change Product Managerlocations: UK, Londontime type: Full timeposted on: Posted Todayjob requisition id: R0018216**Job Type:**Permanent**Build a brilliant future with Hiscox****Job Description****About the team/division**We are one of the largest and oldest Lloyd’s syndicates. Known for our long-term leadership in the market, our blend of underwriting expertise and meaningful capacity makes us an ideal partner for our clients, whatever the size and complexity of their risk. With winning attitude, adaptability and passion; our people aim to outperform always.The Change Management Team work with all the teams in the London Market to develop and build market leading capabilities across our people, processes and systems. Our goal is to embed lasting changes that deliver measurable business benefit and help us reach our strategic targets. We have adopted an agile approach to delivery, working in separate and distinct Value Streams driven by process improvement, integration of new ventures and delivery of regulatory requirements. The outputs of the Value Streams can vary from large scale system delivery and upgrades to smaller tactical solutions that open up business opportunities. Working on our team is exciting and fast-paced. We get to be part of shaping and building the future of the London Market, helping to solve and pre-empt new challenges. The biggest challenge facing our team is how to help drive and manage fundamental changes in the context of the historic and long-established institution of Lloyds of London.The Change Management team is made up of a group Product Managers, Product Owners and Business Analysts and scales according to the project demands of the business. The team work closely with the Technology team to deliver real value to the business. The team is curious and inquisitive, challenging ourselves and our stakeholders to do things better, faster and cheaper. **The Role**You will act as Product Manager for one of our strategic capabilities, the Underwriting Value Stream. You will be at the heart of the team, leading large, complex change initiatives that span across multiple areas of our business with increased levels of risk, opportunity and degrees of ambiguity. You will work with the London Market Leadership Team to help transform their objectives into development roadmaps and tangible deliverables. You will coach and support the less experienced members of the team and the wider business in change management and delivery. Providing guidance and direction to the team and to the business to ensure successful delivery of the changes and the resulting business benefit.As Product Manager for the Underwriting Value Stream, you have a passion and vision for a digital future of underwriting. You see beyond the status quo and design ways of working and a supporting technology ecosystem fit for 2030 and beyond. You will lead an award-winning team that is at the forefront of Augmented and Algorithmic Underwriting within the Lloyd’s Market. You embrace the challenges of modernisation and work with our strategic partners in both technology and broking to reimagine the underwriting journey, embedded with cutting edge technology and user centric innovative design. Through your vision and leadership this compelling transformation will translate into material benefits for London Market.**What you’ll be doing in the role****Benefits management*** Work with the London Market Leadership Team to build out a compelling vision and development roadmap that aligns to our strategic priorities* Work with the Business Sponsors to build robust and measurable business cases aligned to our business plans* Evaluate, plan and track the realisation of benefits for the Underwriting Value Stream**Product Management*** Lead the Underwriting Value Stream, taking full responsibility for the value it delivers* Develop a deep understanding of customer needs, industry trends and emerging technologies to inform product direction and translate requirements into action* Manage the development and delivery of the product roadmap using appropriate methodologies* Ensure that the roadmap and initiatives within it are aligned with the wider change portfolio and value stream objectives* Contribute to the prioritisation of initiatives and resources across the full portfolio, aligning with the overall London Market Vision* Establish and maintain governance structures for the delivery of initiatives, defining clear roles, responsibilities and accountabilities, that align with organisational practice* Contribute to identifying and/or developing frameworks and methodologies that ensure management of initiatives will be comprehensive and consistent**Business Process Development*** Develop an excellent working knowledge of the business goals, priorities and processes for the relevant business areas* Analyse as-is processes and identify opportunities to transform ways of working* Lead the value stream to design, validate and deliver innovative and future looking to-be business processes that align to our target operating model, behaviours and values* Plan, design and embed the process by which new or updated business processes will continue to be maintained once handed over to operational continuous improvement**Budget and resource management*** Develop and agree budgets and control costs* Plan and control finances of the Underwriting Value Stream driving performance and as part of the organisation’s overall financial management* Secure the provision of resources needed for the Underwriting Value Stream from internal and/or external providers* Prepare and maintain an overall schedule for resource use, which avoids bottlenecks and conflicting demands, and sequencing outcomes, to enable the efficient realisation of benefits* Recommend how financial and other resources should be allocated amongst change initiatives to optimise the organisation’s return on investment**Change management*** Ensure that an effective change management plan is in place to maintain consistency of delivery, optimise benefits and contribute to a healthy change experience for those impacted by the changes.* Close new initiatives and transition them into continuous improvement, ensuring that we capture key lessons to improve our change management capability* Manage the integration of the outputs into business-as-usual, addressing the readiness of users, compatibility with existing processes and the realisation of benefits**Stakeholder Management*** Build strong productive relationships and communication inside and outside of Hiscox in order to deliver effective solutions based on a deep understanding of the business drivers and benefits for each party* Identify, address and resolve differences between individuals and/or interest groups* Build a network of influence at a senior level inside and outside of Hiscox**Leadership*** Empower and inspire others to work and deliver successfully* Lead and motivate a team (in a matrix organisation) across internal and external teams including third party suppliers* Role model excellence in value stream execution and change management, contributing to the Change Team strategy and coaching other team members.**Person Specification**The person in this role is comfortable dealing with ambiguity and working through it to provide clarity for others. They thrive on tackling complex issues and ensuring that the initiatives stay focussed on delivering tangible, measurable benefits using agile and change management techniques. They take setbacks and changes of direction in their stride and support others through these experiences. They have a passion and drive for creative problem solving, great user experience and delivering the best outcomes for their customers.**Must have**· Experience of delivering large #J-18808-Ljbffr

London Market Change Product Manager employer: Hiscox

Hiscox is an exceptional employer, offering a dynamic and innovative work environment in the heart of London. With a strong focus on employee growth and development, our Change Management Team thrives on collaboration and creativity, empowering team members to lead transformative projects that shape the future of the London Market. We provide competitive benefits, a supportive culture, and the opportunity to work with cutting-edge technology, making it a rewarding place for those seeking meaningful careers in the insurance industry.
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Contact Detail:

Hiscox Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land London Market Change Product Manager

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.

✨Ace the Informational Interview

Set up informal chats with professionals in the London Market. Ask them about their experiences and insights. This not only helps you learn but also puts you on their radar when opportunities arise. Plus, it shows your genuine interest in the field!

✨Showcase Your Skills

Create a portfolio or a personal website to showcase your projects and achievements. We want to see your work in action! This is a great way to stand out and demonstrate your capabilities beyond just a CV.

✨Apply Directly Through Us

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to go straight to the source.

We think you need these skills to ace London Market Change Product Manager

Change Management
Product Management
Stakeholder Management
Agile Methodologies
Business Process Development
Budget Management
Analytical Skills
Leadership
Communication Skills
Problem-Solving Skills
Customer Needs Analysis
Strategic Planning
Resource Management
Innovation in Technology

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the London Market Change Product Manager role. Highlight relevant experience and skills that align with the job description, especially in change management and product delivery.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role and how your vision aligns with our goals. Use specific examples from your past experiences to demonstrate your fit for the team.

Showcase Your Problem-Solving Skills: In your application, emphasise your ability to tackle complex issues and deliver measurable benefits. We want to see how you've successfully managed change and driven innovation in previous roles.

Apply Through Our Website: Don't forget to apply 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 Hiscox

✨Know Your Stuff

Before the interview, dive deep into the London Market and Hiscox's role within it. Familiarise yourself with key trends, challenges, and innovations in underwriting. This will not only show your genuine interest but also help you engage in meaningful conversations about how you can contribute to their goals.

✨Showcase Your Change Management Skills

Prepare specific examples of how you've successfully managed change in previous roles. Highlight your experience with agile methodologies and how you've led teams through complex transformations. This is crucial for a Product Manager role, so be ready to discuss your approach to overcoming challenges and delivering measurable benefits.

✨Ask Insightful Questions

Interviews are a two-way street! Prepare thoughtful questions that demonstrate your understanding of the role and the company. Ask about their current initiatives in the Underwriting Value Stream or how they envision the future of underwriting technology. This shows you're not just interested in the job, but also in the company's vision.

✨Be Ready to Discuss Stakeholder Management

Given the collaborative nature of the role, be prepared to talk about your experience in building relationships with stakeholders. Share examples of how you've navigated differing interests and resolved conflicts. This will illustrate your ability to lead and inspire teams while ensuring alignment with business objectives.

London Market Change Product Manager
Hiscox

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  • London Market Change Product Manager

    City of London
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-10-20

  • H

    Hiscox

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