At a Glance
- Tasks: Lead product development for payments and insurance in a dynamic, agile environment.
- Company: Join the innovative team at Very, dedicated to helping families thrive.
- Benefits: Enjoy flexible working, generous holiday, and a £1000 benefits allowance.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact on customer experiences in financial services.
- Qualifications: 5+ years in product management with a focus on payments or insurance.
We’re the team behind digital retailer Very. Our purpose, helping families get more out of life, powers everything we do.
About Financial Services
Our Financial Services team helps customers say yes to the things they love by offering flexible and responsible ways to pay. From credit products to insurance and account management, we make sure every financial interaction is simple, transparent, and customer-focused. It’s a dynamic environment where data-driven decisions and regulatory compliance go hand in hand with innovation—delivering fair outcomes and great experiences for millions of customers.
The Product Manager for Payments & Insurance is responsible for the product roadmap for payments and insurance capabilities. Working within an agile environment, the role translates business objectives, regulatory requirements, and customer needs into well-prioritised product outcomes.
The Product Manager collaborates closely with engineering, delivery, design, operations, compliance, and commercial stakeholders to deliver secure, scalable, and customer-centric payment and insurance solutions.
- Responsible for the Payments & Insurance product roadmap, aligned with overall product strategy and business goals
- Contribute to product vision and strategic planning in partnership with the Lead Product Manager
- Identify opportunities to improve conversion, reliability, compliance, and customer experience across payments and insurance journeys
- Balance new feature development, technical improvements, regulatory changes, and operational enhancements
Agile Delivery & Execution
- Act as Product Owner for the Payments & Insurance domain within agile delivery teams
- Lead sprint planning, backlog refinement, and sprint reviews for your product area
- Work closely with engineering, delivery, UX/UI, data, legal, compliance, finance, and operations teams
- Clearly communicate roadmap progress, trade-offs, risks, and outcomes to stakeholders
Monitor payments and insurance industry trends, competitor offerings, and emerging technologies. Ensure products meet customer needs while adhering to regulatory and compliance requirements.
Governance, Risk & Compliance
- Ensure all Payments & Insurance features meet legal, regulatory, and security standards
- Partner with risk, compliance, and legal teams to manage regulatory change impacts
- Support audits, incident reviews, and continuous improvement initiatives
Performance & Outcomes
- Define and track success metrics (e.g. conversion, revenue, cost, reliability, fraud, claims performance)
- Use data to evaluate product performance and drive continuous improvement
- Report progress and insights to the Lead Product Manager & other senior stakeholders
Experience as a Product Manager or Product Owner in an agile environment. Strong understanding of agile product development practices (Scrum, Kanban, or similar). 5+ years' experience working with payments, financial services, insurance, or other regulated products. Data-driven mindset with experience using analytics to inform decisions. Experience with payment gateways, wallets, billing, and/or insurance lifecycle systems. Familiarity with financial services and payments/insurance regulation.
Flexible, hybrid working model. 1000 flexible benefits allowance to suit your needs. ~30 days holiday + bank holidays. ~ Bonus potential (performance and business-related). ~ Up to 25% discount on Very.co.uk. Matched pension up to 6%.
Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! Our interview process is tailored to each role and can be in-person or held remotely.
- 1st stage - An informal 30-minute video call with the hiring team to discuss your skills and relevant experience.
- 2nd Stage – A one-hour formal interview where you can expect both competency and technical questions (task based). This can be held either in-person or remotely.
Diversity, inclusion and equal opportunities
We’re building a culture of everyday inclusion, and welcome applications from anyone who believes they can do the job. We don’t discriminate based on age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation.
We’re proud to be a Disability Confident Committed Employer and have nine brilliant colleague networks - including DAWN (Disability Awareness at Very) and Think (Neurodiversity at Very) - that are helping us make Very an even more inclusive place to work.
Product Manager - Insurance - Hybrid in Liverpool employer: The Very Group
The Very Group is an exceptional employer located in the vibrant city of Liverpool, offering a dynamic work culture that fosters creativity and collaboration. With a strong emphasis on employee growth, you will have access to flexible working arrangements, a competitive bonus structure, and a range of additional benefits that enhance your overall well-being. Join us to be part of a forward-thinking team where your contributions to knowledge management will make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager - Insurance - Hybrid in Liverpool
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like The Very Group!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at The Very Group would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at The Very Group through your school's career services!
We think you need these skills to ace Product Manager - Insurance - Hybrid in Liverpool
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Manager - Insurance - Hybrid, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Manager - Insurance - Hybrid position at The Very Group. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at The Very Group
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
