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 significant impact on modernising insurance operations.
- Why this job: Shape the future of insurance tech and drive digital transformation.
- Qualifications: 3+ years in product management with a focus on 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 Wakefield 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. Our commitment to digital transformation and strategic alignment ensures that every team member's contributions are valued and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager in Wakefield
✨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 Wakefield
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, dive deep into the company's product offerings and understand how they fit within the insurance technology landscape. Be ready to discuss how your experience aligns with their product strategy and vision.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully liaised between technical teams and business units in the past. Highlight your ability to gather requirements and facilitate discussions, as this role heavily relies on effective communication and relationship-building.
✨Demonstrate Your Analytical Prowess
Be prepared to discuss how you've used data to drive decisions in previous roles. Bring specific examples of KPIs you've established or trends you've identified that led to successful product outcomes, showcasing your analytical skills.
✨Familiarise Yourself with Agile Methodologies
Since this role involves working in an Agile environment, brush up on your knowledge of Agile practices and tools like JIRA or Confluence. Be ready to discuss how you've contributed to sprint planning and backlog grooming in your past experiences.
