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- 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, flexible work options, and a vibrant, inclusive culture.
- Why this job: Make a real impact in the insurance industry while growing your career with talented colleagues.
- Qualifications: Experience in managing teams and leading product functions in employee benefits or insurance.
- Other info: Hybrid work model with opportunities for collaboration and career growth.
The predicted salary is between 36000 - 60000 £ per year.
Mercer Marsh Benefits (MMB), a global leader in employee benefits consulting and management, 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.
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 at reasonableaccommodations@mmc.com.
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 (MMB) employer: Mercer
Contact Detail:
Mercer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Product Owner – Mercer Marsh Benefits (MMB)
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its products thoroughly. Understand their market position and challenges they face. We want you to walk in with insights that show you’re not just another candidate, but someone who genuinely cares about their mission.
✨Tip Number 3
Practice your pitch! You need to be able to clearly articulate your experience and how it aligns with the role of Business Product Owner. We suggest rehearsing with a friend or in front of a mirror until you feel confident and natural.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in keeping you top of mind. We recommend mentioning something specific from your conversation to make it personal and memorable.
We think you need these skills to ace Business Product Owner – Mercer Marsh Benefits (MMB)
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 to see examples of how you’ve driven product vision and strategy!
Highlight Stakeholder Management: Communication is key in this role! Be sure to include examples of how you've effectively managed stakeholders and influenced decisions at various levels. We’re looking for someone who can build strong relationships, so let that shine through.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our culture and values!
How to prepare for a job interview at Mercer
✨Know Your Product Inside Out
As a Business Product Owner, you need to demonstrate a strong understanding of health, group risk, and pensions group life insurance products. Research Mercer Marsh Benefits' tools 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 the employee benefits or insurance sectors.
✨Master Stakeholder Management
Since this role involves collaborating with various stakeholders, practice articulating how you've influenced decisions at different levels. Think of specific instances where your communication skills made a difference in project outcomes.
✨Be Agile and Adaptable
Familiarise yourself with Agile methodologies, as they are crucial for this position. Be prepared to discuss how you've applied Agile principles in past projects and how you can leverage them to enhance MMB's tools and solutions.