Product Owner - Pricing Transformation in City of Westminster
Product Owner - Pricing Transformation

Product Owner - Pricing Transformation in City of Westminster

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

  • Tasks: Lead pricing transformation projects and collaborate with diverse teams to drive innovation.
  • Company: Join Markerstudy Insurance Services, a top player in the UK motor insurance market.
  • Benefits: Enjoy a competitive salary, yearly bonus, health care cash plan, and 24 days annual leave.
  • Why this job: Make a real impact in a fast-paced environment while shaping the future of insurance.
  • Qualifications: Experience as a Product Owner in insurance, with strong agile and collaboration skills.
  • Other info: Dynamic workplace with opportunities for professional growth and development.

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

Overview: Work closely with underwriting, pricing, and technology teams. Collaborate 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.

Qualifications / Skills:

  • Proven experience as a Product Owner (or similar change delivery focused role) in insurance/financial services, 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.
  • Familiarity with personal/commercial lines underwriting workflows or automation platforms (advantageous).
  • Product Owner certification (e.g., CSPO, SAFe POPM) is preferred.
  • Knowledge of insurance pricing tools such as Radar, Earnix or custom pricing APIs (advantageous).

Why us? Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialise in niche motor cover, where our solid market knowledge and experience enables us to create highly targeted products. Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage. That, and our skilled underwriting technicians who are friendly, accessible and empowered to make decisions. We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as Confused.com, Go Compare and Compare the Market, via our broker partners.

What we offer: A collaborative and fast paced work environment. Opportunity for yearly bonus. Health care cash plan. 24 days annual leave plus.

Product Owner - Pricing Transformation in City of Westminster employer: Markerstudy Ltd

Markerstudy Insurance Services Limited (MISL) is an exceptional employer, offering a dynamic and collaborative work environment where innovation thrives. With a strong focus on employee growth, we provide opportunities for professional development and a yearly bonus, alongside a comprehensive health care cash plan and generous annual leave. Our commitment to fostering excellent relationships and empowering our skilled underwriting technicians makes MISL a rewarding place to build a meaningful career in the insurance sector.
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Contact Detail:

Markerstudy Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Owner - Pricing Transformation in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to folks in the insurance and financial services sectors, especially those who know their way around pricing and underwriting. Use platforms like LinkedIn to connect and engage with potential colleagues or mentors.

✨Tip Number 2

Get your hands dirty with Agile! Brush up on your Scrum knowledge and be ready to discuss how you’ve collaborated with teams in past roles. Being able to talk about your experience with backlog grooming and sprint goals will definitely set you apart.

✨Tip Number 3

Show off your data skills! Be prepared to discuss how you've used market insights and KPIs to drive improvements in previous projects. Highlighting your ability to articulate complex pricing logic in simple terms can really impress hiring managers.

✨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 joining our team at Markerstudy Insurance Services Limited.

We think you need these skills to ace Product Owner - Pricing Transformation in City of Westminster

Product Ownership
Agile Product Delivery
Backlog Grooming
Stakeholder Engagement
Collaboration Skills
Data Analysis
Pricing Model Development
Underwriting Workflows
Market Insight Utilisation
KPI Monitoring
Jira
Confluence
Insurance Pricing Tools
Product Owner Certification

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Product Owner in Pricing Transformation. Highlight your experience with agile product delivery and any relevant tools like Jira or Confluence. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and underwriting, and how your background makes you a perfect fit for our team. Don’t forget to mention your collaboration skills with data and actuarial teams!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your impact in previous roles. Whether it's improving KPIs or successfully launching a new feature, we love to see quantifiable results that show what you can bring to us.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!

How to prepare for a job interview at Markerstudy Ltd

✨Know Your Product Inside Out

Before the interview, make sure you understand the ins and outs of pricing transformation in insurance. Familiarise yourself with key concepts like underwriting workflows and pricing models. This will help you articulate your thoughts clearly and show that you're genuinely interested in the role.

✨Showcase Your Agile Experience

Since the role involves working closely with Scrum Masters and development teams, be ready to discuss your experience with agile methodologies. Prepare examples of how you've successfully managed backlogs and engaged stakeholders in previous roles. This will demonstrate your ability to thrive in a fast-paced environment.

✨Prepare for Technical Questions

Expect questions about tools like Jira and Confluence, as well as your understanding of pricing logic. Brush up on your knowledge of insurance pricing tools such as Radar or Earnix. Being able to speak confidently about these topics will set you apart from other candidates.

✨Highlight Collaboration Skills

This role requires strong collaboration with various teams, so be prepared to share specific examples of how you've worked effectively with data scientists, actuaries, and software engineers. Emphasising your teamwork skills will show that you can navigate complex projects and drive continuous improvement.

Product Owner - Pricing Transformation in City of Westminster
Markerstudy Ltd
Location: City of Westminster
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  • Product Owner - Pricing Transformation in City of Westminster

    City of Westminster
    Full-Time
    36000 - 60000 £ / year (est.)
  • M

    Markerstudy Ltd

    50-100
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