Business Product Owner – Mercer Marsh Benefits in London
Business Product Owner – Mercer Marsh Benefits

Business Product Owner – Mercer Marsh Benefits in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a team to develop innovative insurance solutions and enhance our Health, Group Risk, and Pensions tools.
  • Company: Join Mercer Marsh Benefits, a global leader in employee benefits consulting.
  • Benefits: Enjoy professional development, a vibrant culture, and flexible hybrid work options.
  • Why this job: Make a real impact in the insurance industry while collaborating with talented professionals.
  • Qualifications: Experience in managing teams and understanding employee benefits and insurance products.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.

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

Mercer Marsh Benefits (MMB), a global leader in employee benefits consulting and management and a business of Marsh, is seeking an experienced Business Product Owner to lead and grow our dedicated team focused on the development and enhancement of our Health, Group Risk, Pensions, and Group Life insurance technical solutions through our Health, Benefits, and Brokerage tools (HBB/Engage).

This is a leadership role where you will drive the future direction and market success of our critical business tools (HBB/Engage) that deliver insurance solutions to our clients and manage a team of 7 professionals (including 2 direct reports).

We will count on you to:

  • Define and drive the product vision, roadmap, and strategic direction, in collaboration with executive business stakeholders, ensuring alignment with market needs and client expectations.
  • Lead and manage a high-performing team responsible for the ongoing development and delivery of MMB tools supporting health, group risk, and pensions group life insurance products.
  • Act as the primary business owner for the HBB tools, ensuring they deliver impactful insurance solutions and business outcomes.
  • Collaborate closely with cross-functional teams including business leaders, global product owners, and technology partners to prioritise and deliver enhancements.
  • Oversee the translation of business requirements into actionable plans, ensuring quality delivery and adoption of the tools.
  • Foster strong relationships with internal and external stakeholders to understand evolving market demands and client needs.
  • Ensure compliance with regulatory, security, and governance standards from a business perspective.

What you need to have:

  • Proven experience managing teams and leading product or business functions within employee benefits, insurance, or related financial services.
  • Strong understanding of health, group risk, and pensions group life insurance products and market dynamics.
  • Demonstrated ability to translate complex business needs into clear product strategies and actionable plans.
  • Excellent stakeholder management and communication skills, with the ability to influence at all levels.
  • Strong organisational skills with the ability to manage multiple priorities and projects effectively.

What makes you stand out?

  • Experience working with MMB tools or similar insurance benefit platforms.
  • Knowledge of health and benefits market products, regulations and compliance requirements relevant to the industry.
  • Familiarity with Agile product development methodologies.
  • Certification in Project Management (Agile, Prince2) or Six Sigma.
  • Proficiency in Microsoft Office tools and product management software.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer Marsh Benefits helps clients manage the costs, risks and complexities of employee health and benefits, through the combined expertise of Mercer and Marsh, businesses of Marsh McLennan (NYSE: MMC). Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

Business Product Owner – Mercer Marsh Benefits in London employer: Marsh McLennan

Mercer Marsh Benefits is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture where employees can thrive. With a commitment to hybrid work, our team enjoys the flexibility of remote collaboration while benefiting from in-person connections and support from talented colleagues. We offer a range of career opportunities and comprehensive benefits that enhance employee well-being, making it a rewarding place to build a meaningful career in the employee benefits sector.
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Contact Detail:

Marsh McLennan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Product Owner – Mercer Marsh Benefits in London

Tip Number 1

Network like a pro! Reach out to your connections on LinkedIn or attend industry events. 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 researching the company and its products. Understand their market position and be ready to discuss how your experience aligns with their needs, especially in health and benefits.

Tip Number 3

Practice your pitch! Be clear about your achievements and how they relate to the role of Business Product Owner. Confidence is key, so rehearse until it feels natural.

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, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Business Product Owner – Mercer Marsh Benefits in London

Product Vision Development
Team Leadership
Stakeholder Management
Health Insurance Knowledge
Group Risk Understanding
Pensions Group Life Insurance Expertise
Agile Methodologies
Project Management Certification
Microsoft Office Proficiency
Communication Skills
Organisational Skills
Regulatory Compliance Knowledge
Cross-Functional Collaboration
Strategic Planning

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in employee benefits and insurance. We want to see how your skills align with the role of Business Product Owner, so don’t hold back on showcasing relevant achievements!

Showcase Your Leadership Skills: As a Business Product Owner, you'll be leading a team. Use your application to demonstrate your leadership experience and how you've successfully managed teams in the past. We love seeing examples of how you've driven product vision and strategy!

Be Clear and Concise: When writing your application, clarity is key! Make sure your points are easy to read and straight to the point. We appreciate well-structured applications that get to the heart of your qualifications without unnecessary fluff.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Marsh McLennan

Know Your Product Inside Out

As a Business Product Owner, it's crucial to have a deep understanding of the Health, Group Risk, and Pensions products. Research Mercer Marsh Benefits' tools like HBB/Engage and be ready to discuss how they align with market needs and client expectations.

Showcase Your Leadership Skills

Prepare examples that highlight your experience in managing teams and leading product functions. Be ready to discuss how you've successfully driven product vision and strategy in previous roles, especially in employee benefits or insurance.

Master Stakeholder Management

Demonstrate your excellent communication skills by preparing to discuss how you've influenced stakeholders at various levels. Think of specific instances where you’ve collaborated with cross-functional teams to deliver impactful solutions.

Be Agile and Adaptable

Familiarise yourself with Agile methodologies and be prepared to discuss how you've applied them in your work. Highlight your ability to manage multiple priorities and projects effectively, showcasing your organisational skills.

Business Product Owner – Mercer Marsh Benefits in London
Marsh McLennan
Location: London

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