At a Glance
- Tasks: Lead product development for innovative financial protection solutions.
- Company: Join Lloyds Banking Group, a leader in financial services with a purpose.
- Benefits: Enjoy a competitive salary, generous pension, and flexible working options.
- Other info: Be part of a diverse team committed to inclusivity and innovation.
- Why this job: Make a real impact on customers' financial futures while growing your career.
- Qualifications: Experience in financial services and agile methodologies is essential.
The predicted salary is between 78098 - 91880 £ per year.
Job Description
End Date Friday 14 August 2026 Salary Range £78,098 - £91,880 We support flexible working - click here for more information on flexible working options Flexible Working Options Hybrid Working, Job Share
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our Edinburgh office.
About this opportunity
At Lloyds Banking Group, we’re passionate about a clear purpose; to help Britain prosper.
Across the Group, our colleagues are focused on making a difference to customers, businesses, and communities.
In Insurance Pensions & Investments (IP&I), we’re building a digital proposition that will enable everyone in the UK to secure their financial future.
An exciting opportunity exists for a new Product Owner to join us in the Protection Platform.
Our aim is to push boundaries within the UK Protection market to protect more people and deliver outstanding outcomes for customers.
As Product owner, you’ll have a focus on our core Life, Critical Illness and Income Protection product development.
We’re looking for someone who is passionate about Protection and the customer, someone who innovates & inspires others to collaborate, someone who demonstrates a growth learning mentality.
What you’ll be doing
- Craft the Product Vision and own elements of the Product roadmap, ensuring compliance of overall Product.
- Support development of Platform or Lab objectives and key results and provide product performance and benefits realisation data.
- Collaborate with feature teams to define user stories for new features, that meet our customers’ needs and optimise existing capability to improve the customer journey.
- Collaborate across teams for large-scale changes and works towards successful and safe implementation.
- Taking accountability for product change governance, business readiness activities, and incident investigation/prioritisation.
- Be an authority in the Platform with line management responsibilities and a coach by mentoring others in the organisation.
- Support development and prioritisation of Lab epics, features and stories which support Product strategy.
- Inputting into business plans and technical roadmap as required.
Why Lloyds Banking Group?
Like the modern Britain we serve, we’re evolving.
Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers.
We’re growing with purpose.
Join us on our journey and you will too!
- What you’ll need
- We’re not looking for you to know all the answers. We need people that thrive with being given a problem and finding a solution.
- Those who are comfortable when they need to say no; who aren’t afraid to challenge the status quo.
- Experience in a Financial Services industry, preferably Life Insurance.
- Demonstrate a deep understanding of Protection market dynamics, technology, and customer needs.
- A passion for products and staying on top of new technologies will be very useful.
- Experience in applying agile methodologies to optimise innovation development and delivery.
- Significant experience with agile development methods & tooling e. g. Scrum, Kanban, Jira & Confluence, and experience of leading & working as part of an agile team.
- Experience working with cross-functional teams to deliver change, working with engineers, designers, and analysts.
- Able to create a product vision and define work to be done, prioritising based on customer needs and business goals.
- Strong analytical abilities to assemble and interpret data related to product performance and benefits realisation.
This includes tracking key metrics and using data-driven insights to drive product improvements.
- Experience of line managing others and crafting an inclusive team environment that motivates, attracts, and retains talent.
- Through your phenomenal communications skills, you have the ability to encourage teams with energy and passion.
- Dynamic and adaptable, you can influence without authority, trusting and empowering others with responsibility and comfortable challenging senior leaders.
- About working for us
Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
As a function we’re committed to the principles of Flexible Working and want to find the right person for the job.
We’ll welcome applications from candidates interested in working the role as a job share or applying for the role on reduced hours.
We’re disability confident.
So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
We also offer a wide-ranging benefits package, which includes
- A generous pension contribution of up to 15%.
- An annual performance-related bonus.
- Share schemes including free shares.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 days' holiday, with bank holidays on top.
- A range of wellbeing initiatives and generous parental leave policies.
We keep your data safe.
So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.
We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve.
Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
With 320 years under our belt, we’re used to change, and today is no different.
Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers.
Here, you'll do the best work of your career.
Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.
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Senior Product Owner – Protection Platform employer: Lloyds Bank plc
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Cardiff that fosters professional growth and collaboration. With a competitive salary package, generous benefits including a robust pension scheme and flexible working options, employees are empowered to thrive both personally and professionally. The company prioritises inclusivity and well-being, ensuring that all team members can achieve their full potential while making a meaningful impact in the SME banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Product Owner – Protection Platform
✨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 Lloyds Bank plc!
✨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 Lloyds Bank plc 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 Lloyds Bank plc through your school's career services!
We think you need these skills to ace Senior Product Owner – Protection Platform
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Senior Product Owner – Protection Platform, 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 Senior Product Owner – Protection Platform position at Lloyds Bank plc. 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 Lloyds Bank plc
✨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.
