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- Tasks: Lead the development of pricing capabilities and optimise underwriting processes.
- Company: Dynamic insurance company with a focus on innovation and collaboration.
- Benefits: 24 days annual leave, flexible work options, and opportunities for professional growth.
- Why this job: Shape the future of pricing in insurance while working with cutting-edge technology.
- Qualifications: Experience as a Product Owner in insurance, with strong agile and collaboration skills.
- Other info: Fast-paced environment with opportunities for continuous improvement and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
This role is largely remote with occasional travel. We are seeking an experienced Pricing Product Manager to lead the development and optimisation of our pricing and underwriting capabilities. You’ll translate business objectives into product backlogs and work closely with pricing, underwriting, data science, and technical teams to deliver iterative, high-impact solutions. This role is critical to shaping how we understand and develop our people and technology capabilities, from pricing risks, looking at automation opportunities, and improving customer experience through data-led decisions and frictionless trading.
Key Accountabilities & Responsibilities
- Own and maintain the product backlog for pricing capability initiatives, aligned with the Trading Transformation deliverables.
- Define clear user stories, acceptance criteria, and prioritisation based on business value and technical feasibility.
- Act as the voice of the business and end-user, bridging underwriting, pricing, and technology teams.
- Work closely with Scrum Masters and development teams to ensure sprint goals are well-defined and achievable.
- Partner with Underwriters, Actuaries, Data Scientists, and other stakeholders to gather requirements and define features.
- Assist with the development of pricing models, underwriting workflows, and self-service tools for internal users or relevant business partners.
- Use market insight, data, and feedback loops to drive continuous improvement.
- Ensure product deliverables align with regulatory standards, risk appetite, and strategic underwriting objectives.
- Monitor KPIs such as quote accuracy, time-to-underwrite, conversion rates, and pricing model performance.
Skills, Experience & Knowledge
- Proven experience as a Product Owner (or similar change delivery focused role) in insurance, ideally within pricing or underwriting.
- Deep understanding of agile product delivery, backlog grooming, and stakeholder engagement.
- Ability to articulate pricing or underwriting logic in business and technical terms.
- Strong collaboration skills working with data, actuarial, and software engineering teams.
- Experience with Jira, Confluence, or similar tools.
- Knowledge of insurance pricing tools such as Radar, Earnix or custom pricing APIs (advantageous).
- Familiarity with personal/commercial lines underwriting workflows or automation platforms (advantageous).
- Product Owner certification (e.g., CSPO, SAFe POPM) is preferred.
What we offer in return
- A collaborative and fast-paced work environment.
- 24 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service).
Product Owner - Pricing employer: Markerstudy Group
Contact Detail:
Markerstudy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Owner - Pricing
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend relevant events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing and underwriting. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 3
Showcase your passion for data-led decisions! Be ready to discuss how you've used data to drive improvements in previous roles. This will resonate well with hiring managers looking for someone who can optimise pricing capabilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to our mission.
We think you need these skills to ace Product Owner - Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Product Owner - Pricing. Highlight your experience in pricing and underwriting, and don’t forget to mention any relevant tools like Jira or Confluence that you’ve used.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain how your skills align with our needs. Talk about your experience in agile product delivery and how you’ve successfully collaborated with cross-functional teams.
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your impact. Use metrics where possible, like improvements in quote accuracy or conversion rates, to show how you’ve driven results.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Markerstudy Group
✨Know Your Product Backlog
Familiarise yourself with the concept of a product backlog and be ready to discuss how you would maintain it for pricing capability initiatives. Think about how you can translate business objectives into user stories and acceptance criteria, as this will show your understanding of the role.
✨Speak the Language of Stakeholders
Prepare to articulate pricing and underwriting logic in both business and technical terms. This is crucial for bridging the gap between teams. Practise explaining complex concepts simply, as this will demonstrate your ability to communicate effectively with diverse stakeholders.
✨Showcase Your Agile Experience
Be ready to discuss your experience with agile product delivery and backlog grooming. Highlight specific examples where you've worked closely with Scrum Masters and development teams to achieve sprint goals. This will illustrate your hands-on experience in a fast-paced environment.
✨Data-Driven Decision Making
Emphasise your ability to use market insights and data to drive continuous improvement. Prepare examples of how you've monitored KPIs like quote accuracy or conversion rates in previous roles. This will showcase your analytical skills and commitment to enhancing customer experience.
