Product Owner III

The Product Owner is the team member always communicating with stakeholders to ensure an aligned understanding of how the squad/team can provide the highest value for the customer through the lens of the organization. This person collaborates with squads/teams, other product owners in other portfolios, technologists, and architects across the organization to develop a deep understanding of the technologies and systems they support.

About the Department & Team

The Risk Rating & Pricing Team is part of Business Agility within Operations. The team provides the delivery skills and resources required to prioritise and deliver business outcomes for technology programmes.

Key Responsibilities

1. As a member of the Agile team, the Product Owner represents the voice of the customer and the organization through the delivery of business value. They are the team’s product authority, setting priorities and making product related decisions. They have responsibility for managing stakeholder relationships. Working closely with stakeholders (business and technology), including LOB leadership, they define and prioritize features and stories, ensuring alignment with customer needs and organizational goals. They understand customers’ problems in detail and ensures the problems are clearly defined, prioritized and the team is focused on the most valuable work.
2. This role will be responsible for:

1. Collaborating with the AP&A Actuary team, Operations, Underwriting, Technology and other stakeholders across LII to create a product vision that is aligned with strategic priorities of the business and communicating that vision to their team and other stakeholders.
2. Collaborating with the Product Manager to contribute to the development of the LII Business Agility portfolio roadmap, and programme plans.
3. Understanding the various pricing needs across product and region, and rationalising these onto the Pricing Platform.
4. Stakeholder management between underwriters and actuaries in each of the regions/products.
5. Owning the design overview for the Pricing Platform, including the pricing modules, layout, data flow, process flow and user experience within the platform for the different products and structures that will be priced.
6. Prioritising the Pricing Platform development requests and collaborating with the Development team to ensure these are completed in a high-quality manner that delivers value.
7. Working with the Technical Lead to ensure that the delivery team has the technical capability to deliver the product, including areas such as testing, user research, etc.
8. Working closely with the Python developers, integration developers and vendors, when required, to design features, technical specifications etc. to meet our requirements.
9. Owning and maintaining the product backlog and being accountable for its contents and prioritisation. Accountable for clear, actionable user stories.
10. Setting priorities and actively participating in team planning and scrum ceremonies.
11. Working daily with the agile working group, clarifying business requirements, removing roadblocks, constantly communicating, and supporting alignment around product strategy.
12. Collaborating with leadership to align development and business goals and priorities while working with stakeholders and squad/team to remove roadblocks to execution.
13. Resolving open issues/questions quickly and efficiently.
14. Influencing stakeholder expectations for delivery of new capabilities, features, and functionalities.
15. Communicating expected value and any changes in value to be delivered in each iteration (sprint, monthly, quarterly, etc.) based on the team-determined capacity.
16. Leading customer-driven design and usability testing for the squad/team.
17. Ensuring a well-positioned product through market & industry analysis. Monitoring and maintaining the product health, supporting long-term product viability and efficiency, and balancing long and short term and costs with desired outcomes.
18. Analysing and reporting on feasibility, cost of delay ramifications, economies, or other aspects of planned or potential changes to the product.

Skills and Experience

1. Relevant work experience, ideally in speciality insurance pricing.
2. Strong interpersonal, verbal, written and presentation skills, communicating with a range of stakeholders.
3. Ability to translate technical language into an easier way to understand by the business.
4. Keen problem solver, strong analytical and decision-making skills required.
5. Demonstrable experience of delivering complex initiatives.
6. Agile practitioner capabilities and experience working with or in Agile teams.
7. Proven success managing a large set of stakeholders with different needs.
8. Ability to influence the direction and thinking of senior stakeholders.
9. Strong teamwork, co-ordination, organisation and planning skills.

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why “Put People First” is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

1. Offering a vibrant and inclusive environment and committing to their career development.
2. Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
3. Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
4. A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

For more information, please follow the links below:

Working for Us

Diversity and Inclusion

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