At a Glance
- Tasks: Oversee and develop key digital products to enhance operational performance.
- Company: Join a leading insurance firm with a focus on innovation and collaboration.
- Benefits: Enjoy 25 days leave, private medical insurance, and a non-contributory pension.
- Other info: Hybrid working model with excellent professional development opportunities.
- Why this job: Make a real impact in the digital space while working with cutting-edge technology.
- Qualifications: Experience with underwriting applications and strong report writing skills required.
The predicted salary is between 60000 - 75000 £ per year.
We are looking for a Digital Product Owner to join our team in London on a full‑time basis with hybrid working of 2‑3 days per week. You will be responsible for the oversight, management and development of key digital products, particularly in the Delegated Authority Business around VIPR Intrali and Intarga. You will ensure the key digital products are managed both strategically and operationally to support the overarching goal of improving Global Markets operational performance and contribute to achieving the business strategy. You will also work with business and IT stakeholders to continuously review the key digital products to ensure they are meeting the needs of the business to enable efficient working practices aligned to the overarching strategy and the target operating model.
Overall Objective
Ensuring the digital products (Focus on VIPR Intrali and Intarga, others include DAM, DCOM, Crystal) are maintained to deliver high quality results based on industry and Munich Re standard solutions, aligned to risk and compliance requirements. Guiding the product’s evolution and development to align with strategic outcomes. Establishing, managing and supporting the development, implementation, embedding and continuous improvement of effective digital products with consistency ensuring compliance with Munich Re, PRA, FCA and Lloyd’s requirements. Undertake Product Configuration for Digital Products in line with the to-be-maintained backlog. Responsibility for end‑to‑end integrity of business capabilities using subject matter expertise and experience to ensure the digital products portfolio is designed and developed to meet our business objectives/strategy. Responsible for the end‑to‑end lifecycle of a portfolio of digital products including assisting with planning, developing, testing, maintaining and configuring in accordance with the Business Owner role defined by the Munich Re methodology MR Essentials for developing and maintaining technology products. Owner of the business cases for the assigned product portfolio balancing investments with economical gain. Work with the Change/Transformation project leads, business and technology architects as a point of contact for any projects that impact the digital products. Work with IT Product Managers and architects to drive alignment, assessment and prioritisation of identified demands for each digital product. Responsibility for sign off change requests, planning and executing product releases enhancements and upgrades. Perform functional impact analysis on any proposed changes to the digital products. Design, conduct and keep up to date user trainings ensuring evolving product capabilities are known and users know how to use the digital products effectively and efficiently.
Knowledge and Skills
- Experience of managing underwriting applications both strategically and operationally.
- Sound and extensive experience with VIPR Intarga and Intrali or other similar applications in the Delegated Authority space.
- Preference for a candidate with an understanding of UK regulatory standards for insurance systems (e.g. Lloyd’s oversight framework, PRA, FCA).
- Strong experience in translating a business objective and strategy into defined services, operating model, product vision and roadmap and then overseeing execution on the required roadmap.
- Must have excellent report writing skills, experience of preparing reports and presentations for Senior management / Committee or Board review.
- Must have ability to appropriately question, support and challenge the business at all levels and present considered and balanced opinions, findings and recommendations.
Benefits
- 25 days Annual Leave + Bank Holidays
- 10 % Non-contributory Pension
- Eligibility for an Annual Bonus
- Private Medical + Dental Insurance
- Critical illness insurance + Life Assurance + Permanent Health Insurance
- Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
- Electric Vehicle Salary Sacrifice Scheme
- Study & continuing Professional Development Support
- Hybrid Working + IT Home Set-up Support
Digital Product Owner employer: Munich Re
Join a forward-thinking company that prioritises employee well-being and professional growth, offering a dynamic work culture in London with hybrid working options. As a Digital Product Owner, you will benefit from a comprehensive package including generous annual leave, a non-contributory pension, and extensive health insurance, all while contributing to innovative digital solutions that enhance operational performance. With a strong focus on continuous improvement and compliance, this role provides a unique opportunity to shape the future of digital products in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Digital Product Owner
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to digital product ownership. We recommend role-playing with a friend or using online resources to get comfortable with your responses.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, focus on specific projects where you’ve made an impact, especially with VIPR Intrali and Intarga. This will help you stand out!
✨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 Digital Product Owner
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Digital Product Owner role. Highlight your experience with VIPR Intarga and Intrali, and show how your skills align with our goals at StudySmarter.
Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. Use metrics where possible to quantify your success and make your application stand out.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon and ensure your writing is easy to understand. We appreciate straightforward communication, especially when it comes to complex topics.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll ensure your application reaches us quickly and efficiently, and you can easily track its progress!
How to prepare for a job interview at Munich Re
✨Know Your Digital Products
Make sure you have a solid understanding of VIPR Intrali and Intarga, as well as other digital products mentioned in the job description. Familiarise yourself with their functionalities and how they align with business objectives. This will help you demonstrate your expertise and show that you're ready to take on the responsibilities of the role.
✨Understand Regulatory Standards
Brush up on UK regulatory standards relevant to the insurance industry, such as those from Lloyd’s, PRA, and FCA. Being able to discuss these regulations confidently will show that you’re not just technically savvy but also aware of the compliance landscape, which is crucial for this position.
✨Prepare for Strategic Discussions
Think about how you would translate business objectives into a product vision and roadmap. Be ready to share examples from your past experience where you've successfully managed product lifecycles or implemented changes that improved operational performance. This will highlight your strategic thinking and problem-solving skills.
✨Practice Your Presentation Skills
Since you'll need to prepare reports and presentations for senior management, practice articulating your thoughts clearly and concisely. Consider doing mock interviews with friends or colleagues to refine your ability to present findings and recommendations effectively. This will help you feel more confident during the actual interview.
