Product Manager - Broker in York

Product Manager - Broker in York

York Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Hiscox

At a Glance

  • Tasks: Shape and deliver innovative product strategies for the Broker business area.
  • Company: Join Hiscox, a leading brand in the insurance market known for excellence.
  • Benefits: Enjoy a hybrid work model, competitive salary, and a focus on diversity.
  • Other info: Collaborative culture with opportunities for growth and continuous improvement.
  • Why this job: Be a key player in transforming the insurance landscape with your ideas.
  • Qualifications: Experience in product management within the insurance sector is essential.

The predicted salary is between 60000 - 80000 £ per year.

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.

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.

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 for each business area 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 capability needed.
  • Roadmap development & management - Overall accountability for creating and evolving 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, tracking performance and identifying challenges and opportunities.
  • Drive out opportunities to enable business owned change and increasing 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.

Diversity and flexible working at Hiscox

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, which we believe drives success. We also know that working life doesn’t always have to be in the office, and as long as it’s safe to do so, we will be operating a hybrid way of working to encourage a healthy work-life balance, with 2 to 3 days in the office per week. Work with amazing people and be part of a unique culture.

Product Manager - Broker in York employer: Hiscox

Hiscox UK is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. With a strong commitment to diversity and inclusion, employees benefit from a hybrid working model that promotes a healthy work-life balance, alongside opportunities for professional growth and development within the insurance sector. Joining Hiscox means being part of a forward-thinking team dedicated to transforming the broker channel and delivering tailored solutions to a diverse clientele.

Hiscox

Contact Details:

Hiscox Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Product Manager - Broker in York

Tip Number 1

Network like a pro! Reach out to people in the insurance sector, especially those who work at Hiscox or similar companies. Use LinkedIn to connect and engage with them; you never know who might help you land that interview!

Tip Number 2

Prepare for your interviews by understanding the company’s transformation goals. Familiarise yourself with their broker channel and think about how your experience aligns with their needs. Show them you’re not just a fit, but the perfect fit!

Tip Number 3

Practice your storytelling skills! Be ready to share specific examples of how you've driven product management success in previous roles. This will help you articulate your value and make a lasting impression.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Hiscox team.

We think you need these skills to ace Product Manager - Broker in York

Product Management
Stakeholder Management
Roadmap Development
Strategic Thinking
Commercial Acumen
Agile Methodologies
Data Analysis

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Product Manager role. Highlight your experience in the insurance sector and how it aligns with the responsibilities outlined in the job description. We want to see how you can bring value to our team!

Showcase Your Stakeholder Management Skills:Since this role involves collaborating with senior leadership, it's crucial to demonstrate your ability to build strong relationships. Share examples of how you've successfully partnered with stakeholders in the past. We love seeing those collaborative vibes!

Be Data-Driven:We’re all about making informed decisions at Hiscox. Include any experience you have with tracking performance metrics or using data to drive product decisions. This will show us that you have the analytical mindset we’re looking for!

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.

How to prepare for a job interview at Hiscox

Know Your Product Inside Out

Before the interview, make sure you thoroughly understand the insurance products Hiscox offers, especially those related to brokers. Familiarise yourself with their unique selling points and how they stand out in the market. This will help you articulate how your experience aligns with their needs.

Showcase Your Stakeholder Management Skills

Given the importance of building relationships at the UKLT level, prepare examples that demonstrate your ability to manage and influence senior stakeholders. Think about specific situations where you successfully navigated complex dynamics to achieve a strategic outcome.

Prepare for Problem Framing

As a Product Manager, you'll need to lead problem framing and discovery. Be ready to discuss your approach to identifying issues and shaping solutions. Consider bringing a case study or example from your past experience that highlights your problem-solving skills.

Emphasise Your Data-Driven Mindset

Hiscox values a data-driven approach, so be prepared to discuss how you've used metrics to track performance and inform product decisions. Bring examples of OKRs or KPIs you've set in previous roles and how they contributed to business success.