Product Manager - Payments and Insurance in Liverpool
Product Manager - Payments and Insurance

Product Manager - Payments and Insurance in Liverpool

Liverpool Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
The Very Group

At a Glance

  • Tasks: Lead the product roadmap for payments and insurance, driving innovation and customer satisfaction.
  • Company: Join Very, a digital retailer dedicated to helping families thrive.
  • Benefits: Enjoy flexible working, generous holiday, and a £1000 benefits allowance.
  • Why this job: Make a real impact on financial services that help millions of customers.
  • Qualifications: 5+ years in product management with a focus on payments or insurance.
  • Other info: Inclusive culture with excellent career growth and learning opportunities.

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

About Us
We’re the team behind digital retailer Very. Our purpose, helping families get more out of life, powers everything we do. And we want our people to get more out of life too! If you’re high-performing, ambitious and make the most of every opportunity, we want to hear from you. In return, you’ll enjoy heaps of flexibility, great perks and benefits, and the freedom to be yourself, keep learning and take your career wherever you want it to go. If you love making a difference, you’ll love making it sparkle for millions of Very customers.

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.

About The Role
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.

What You Will Be Doing

  • Product Strategy & Roadmap
    • 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
    • Define, refine, and prioritise the product backlog (epics, features, user stories, acceptance criteria)
    • Lead sprint planning, backlog refinement, and sprint reviews for your product area
    • Make day-to-day prioritisation decisions to maximise value delivery
  • Stakeholder Collaboration
    • Work closely with engineering, delivery, UX/UI, data, legal, compliance, finance, and operations teams
    • Engage with external partners and vendors (e.g. payment service providers, insurers) where required
    • Clearly communicate roadmap progress, trade-offs, risks, and outcomes to stakeholders
  • Customer & Market Insight
    • Use customer research, analytics, and feedback to inform product decisions
    • 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

Essential About you
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. Proven ability to translate complex requirements into clear, actionable product backlogs. Strong stakeholder management and communication skills. Data-driven mindset with experience using analytics to inform decisions.

Desirable
Experience with payment gateways, wallets, billing, and/or insurance lifecycle systems. Familiarity with financial services and payments/insurance regulation. Experience working with third-party vendors and APIs. Exposure to scaling products in high-availability or high-volume environments.

Some Of Our Benefits
Flexible, hybrid working model. Inclusive culture and environment. £1000 flexible benefits allowance to suit your needs. 30 days holiday + bank holidays. Udemy learning access. Bonus potential (performance and business-related). Up to 25% discount on Very.co.uk. Matched pension up to 6%.

How To Apply
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. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.

What happens next?
Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely. You can expect a two-stage interview process for this position:

  • 1st stage – An informal 30-minute video call with the hiring team to discuss your skills and relevant experience. This is a great opportunity to find out more about the role and to ask any questions you may have.
  • 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.

As an inclusive employer please do let us know if you require any reasonable adjustments. If you’d like to know more about our interviews, you can find out here.

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 want our recruitment process to be accessible to everyone. If you need reasonable adjustments to apply, interview, or perform a role, let us know via talentacquisition@theverygroup.com. We’ll be happy to support you. 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 - Payments and Insurance in Liverpool employer: The Very Group

At Very, we prioritise the well-being and growth of our employees, offering a flexible hybrid working model and a vibrant, inclusive culture that encourages personal and professional development. As a Product Manager in our Financial Services team, you'll have the opportunity to make a significant impact on customer experiences while enjoying a generous benefits package, including a £1000 flexible benefits allowance and 30 days of holiday. Join us in a dynamic environment where your contributions truly matter and help us create meaningful financial solutions for millions of customers.
The Very Group

Contact Detail:

The Very Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Manager - Payments and Insurance in Liverpool

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those who work at Very. A friendly chat can open doors and give you insider info about the role.

✨Tip Number 2

Prepare for your interviews by practising common product management scenarios. Think about how you'd handle stakeholder communication or prioritise features—show us your thought process!

✨Tip Number 3

Be ready to showcase your data-driven mindset. Bring examples of how you've used analytics to inform product decisions in the past. We love seeing how you think!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team.

We think you need these skills to ace Product Manager - Payments and Insurance in Liverpool

Product Management
Agile Methodologies
Stakeholder Management
Data Analysis
Customer Research
Regulatory Compliance
Communication Skills
Technical Understanding of Payments and Insurance
Backlog Management
Performance Metrics Tracking
Collaboration with Cross-Functional Teams
Experience with Payment Gateways and APIs
Problem-Solving Skills
Market Insight Analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Product Manager role. Highlight your experience in payments and insurance, and showcase how your skills align with our agile environment. We want to see how you can contribute to our mission!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your data-driven mindset and stakeholder management skills!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your impact in previous roles. Use metrics where possible to show how you've improved conversion rates or customer experiences in payments or insurance.

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 benefits!

How to prepare for a job interview at The Very Group

✨Know Your Product Inside Out

Before the interview, dive deep into the payments and insurance products offered by the company. Understand their features, benefits, and how they stand out in the market. This will not only help you answer questions confidently but also show your genuine interest in the role.

✨Prepare for Agile Discussions

Since the role involves working in an agile environment, brush up on agile methodologies like Scrum or Kanban. Be ready to discuss your experience with these practices and how you've applied them in previous roles. Sharing specific examples will demonstrate your expertise.

✨Showcase Your Data-Driven Mindset

The company values a data-driven approach, so be prepared to discuss how you've used analytics to inform product decisions in the past. Bring examples of metrics you've tracked and how they influenced your product strategy. This will highlight your ability to make informed decisions.

✨Engage with Stakeholder Scenarios

Expect questions about stakeholder management and collaboration. Think of scenarios where you've successfully worked with cross-functional teams or external partners. Highlight your communication skills and how you navigated challenges to achieve product goals.

Product Manager - Payments and Insurance in Liverpool
The Very Group
Location: Liverpool

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