At a Glance
- Tasks: Lead product strategy and improve our AI-powered insurance technology platform.
- Company: Join a forward-thinking company at the forefront of insurance technology.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with a chance to influence industry-leading innovations.
- Why this job: Shape the future of insurance tech and drive digital transformation.
- Qualifications: 3+ years in product management, preferably in insurance technology.
The predicted salary is between 60000 - 80000 £ per year.
About the Role
We are seeking an experienced Product Manager/Owner to lead the strategic direction and continuous improvement of Xceedance’s AI powered technology platform. This role sits at the intersection of insurance operations, technology, and business strategy, requiring someone who can translate complex insurance requirements into actionable product features while driving digital transformation initiatives.
Key Responsibilities
- Product Strategy & Vision
- Define and maintain the product roadmap, aligning with overall business objectives and insurance market needs.
- Work with other Product Owners to align developments.
- Co-ordinate with relevant stakeholders to identify trends in insurance technology, regulatory changes, and competitive positioning.
- Establish key performance indicators (KPIs) and success metrics for system adoption, operational efficiency, and business value delivery.
- Partner with senior leadership to ensure that Product strategy supports broader organisational goals.
- Stakeholder Management
- Serve as the primary liaison between business units (Implementation & core development) and technology teams.
- Facilitate user group sessions internally across various domain leaders.
- Facilitate requirements gathering sessions with internal stakeholders and customer service teams.
- Build and maintain relationships with external vendors, integration partners, and regulatory bodies when appropriate.
- Present product updates and strategic recommendations to Leadership team and Delivery managers.
- Product Development & Delivery
- Write and prioritise user stories, acceptance criteria, and detailed functional requirements for policy lifecycle management features.
- Lead sprint planning, backlog grooming, and release planning activities in an Agile environment.
- Make critical decisions on feature trade-offs, technical debt management, and release scope.
- Perform engaging demonstration of platform capabilities to internal and external stakeholders.
- Domain Expertise Application
- Ensure the system supports various insurance products and their unique workflows.
- Understand business domain model and data structure of insurance workflows.
- Champion best practices in policy issuance, endorsements, renewals, cancellations, and reinstatements.
- Optimise system performance for quote-to-bind ratios, straight-through processing rates, and policy administration efficiency.
Required Qualifications
- Product management experience, with at least 3 years in insurance technology.
- Understanding of insurance operations, including underwriting workflows and policy lifecycle management.
- Experience with Business process modelling and process re-engineering.
- Ideally have proven experience with modern Core platforms (BPA, DuckCreek or similar).
- Strong analytical skills with the ability to interpret data, identify trends, and make data-driven decisions.
- Excellent communication skills with the ability to translate technical concepts for business audiences and business needs for technical teams.
- Experience with Agile/Scrum methodologies and tools (JIRA, Confluence, Azure DevOps etc.).
Preferred Qualifications
- Professional insurance designations (CPCU, AIC, or similar).
- Experience with API-first architectures and system integrations.
- Knowledge of InsurTech trends including automated underwriting, Gen AI & ML applications, and digital distribution channels.
- Understanding of actuarial concepts and rating algorithm implementation.
- Experience with cloud-based Insurtech solutions and SaaS/PaaS delivery models.
- Familiarity with insurance data standards (ACORD, ISO) and regulatory reporting requirements.
Technical Competencies
- Understanding of high level platform architecture, data models, and integration patterns.
- Ability to perform basic data analysis.
- Knowledge of APIs, and microservices architecture.
- Experience with business intelligence tools and dashboard creation.
- Understanding of security and compliance requirements for insurance systems.
Success Metrics
This role will be measured on delivering improvements in all aspects of the core platform and products, system adoption rates, straight-through processing percentages, user satisfaction scores, and successful delivery of roadmap initiatives within budget and timeline constraints.
This position offers the opportunity to shape the future of our insurance operations technology while working with cutting-edge solutions in a dynamic, regulated industry. The successful candidate will play a crucial role in modernizing our insurance infrastructure and enhancing our competitive position in the market.
Product Manager in Cambridge employer: XCEEDANCE LIMITED
Xceedance is an exceptional employer that fosters a collaborative and innovative work culture, where Product Managers can thrive in shaping the future of insurance technology. With a strong focus on employee growth, we offer continuous learning opportunities and the chance to work with cutting-edge AI solutions in a dynamic environment. Located in a vibrant area, our team enjoys a supportive atmosphere that values creativity and strategic thinking, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager in Cambridge
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance tech space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your product management experience, especially in insurance technology. When you get the chance to chat with potential employers, share specific examples of how you've driven product success.
✨Tip Number 3
Be ready for interviews! Research common product manager interview questions and practice your responses. Focus on how you can translate complex insurance requirements into actionable features, as this is key for the role. Confidence is key!
✨Tip Number 4
Apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining us. Tailor your application to showcase how your experience aligns with our needs, especially in driving digital transformation initiatives.
We think you need these skills to ace Product Manager in Cambridge
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Product Manager role. Highlight your experience in insurance technology and product management, and don’t forget to sprinkle in those Agile methodologies you’ve mastered!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about transforming insurance operations and how your skills align with our goals. Keep it engaging and relevant!
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 driven success in product development and stakeholder management.
Apply Through Our Website:We love it when candidates apply directly through our website! It helps us keep track of applications better and ensures you get the attention you deserve. So, don’t hesitate – hit that apply button!
How to prepare for a job interview at XCEEDANCE LIMITED
✨Know Your Product Inside Out
Before the interview, make sure you thoroughly understand the product and its features. Familiarise yourself with the AI-powered technology platform and how it fits into the insurance landscape. This will help you articulate your vision and strategy effectively during the discussion.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully managed relationships with various stakeholders in previous roles. Highlight your experience in facilitating user group sessions and gathering requirements, as this is crucial for the role. Be ready to discuss how you can bridge the gap between technical teams and business units.
✨Demonstrate Your Analytical Prowess
Since the role requires strong analytical skills, come prepared with examples of how you've used data to drive decisions in product management. Discuss any KPIs or success metrics you've established in past projects, and how they contributed to operational efficiency and business value.
✨Familiarise Yourself with Agile Methodologies
As the position involves working in an Agile environment, brush up on your knowledge of Agile/Scrum methodologies. Be ready to discuss your experience with tools like JIRA or Confluence, and how you've led sprint planning or backlog grooming activities in the past.
