Product Owner (L3)

Posted 8 Days Ago
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London, Greater London, England, GBR
Hybrid
Mid level
Information Technology • Software
The Role
Lead development and optimization of underwriting functionalities in an insurance platform, ensuring alignment with client needs and company strategy.
Summary Generated by Built In

Concirrus

Concirrus is trusted by leading specialty insurers to enhance efficiency throughout the insurance lifecycle from acquisition to renewal. We automate processes such as submission ingestion, compliance checks, ESG monitoring, and portfolio management, allowing underwriters to focus on value-added activities. This results in increased operational efficiency and faster business acquisition.

D&I Statement  

We aspire to build a diverse team and cultivate an inclusive environment where everyone is empowered to perform their best work. As we continue to learn and evolve, we are committed to: 

  • Providing a safe environment where all individuals feel accepted and valued. 
  • Continuing to educate ourselves and celebrate our differences. 
  • Ensuring that our behaviours align with our values and our dedication to DE&I. 
  • Regularly reviewing our performance and perpetually striving for improvement. 

The Role

As a Product Owner for Underwriting Modules in our growing insurtech organisation, you will lead the development and optimisation of key underwriting functionalities within our insurance platform. You will be responsible for translating complex underwriting requirements into prioritsed, actionable tasks, collaborating closely with cross-functional teams, and ensuring that the platform's underwriting modules meet the evolving needs of our clients in the specialty insurance sector.

This role requires a deep understanding of insurance underwriting processes or the ability to learn these, technical capabilities, and the ability to manage multiple stakeholders while aligning product development with the company’s overall strategy.

Key Responsibilities

  • Underwriting Module Development: Oversee the end-to-end development of underwriting modules, ensuring that these features meet market demands and client requirements.
  • Product Execution: Translate underwriting needs into detailed product requirements, user stories, and development tasks, prioritising based on business value, technical feasibility, and customer impact.
  • Stakeholder Management: Build trust with multiple internal and external stakeholders, including underwriters, product managers, and developers, ensuring clear communication and alignment on product goals and timelines.
  • Continuous Improvement: Actively seek feedback from users and clients to identify opportunities for enhancing underwriting modules. Collaborate with development teams to iterate on the product, ensuring continuous improvement and innovation.
  • Technical Evaluation: Collaborate with engineering teams to evaluate technical solutions and understand constraints. Ensure product decisions align with the technical capabilities and limitations of the platform.
  • Roadmap Influence: Influence the short-term product roadmap by advocating for underwriting module improvements and client-driven enhancements that align with broader company objectives.
  • Management skills: Mentorship to junior Product Owners, guiding them on best practices in product management and ensuring alignment with the overall product vision.
  • Market understanding: Maintain a moderate understanding of the specialty insurance market, staying informed of trends and competitive offerings. Use this insight to guide product development and strategy.

Key Capabilities

  • Risk Tracking: Manage the development of tools and features that allow users to efficiently track and assess underwriting risks.
  • Quote & Bind: Oversee the evolution of the Quote and Bind module, ensuring seamless integration with underwriting processes and client workflows.
  • Integrations: Champion and deliver robust integrations with third parties that expands product capabilities and delivers exceptional customer value.

Qualifications

  • 3+ years of experience in product management, preferably within Insurtech, fintech, or specialty insurance sectors.
  • Strong understanding of underwriting processes in insurance, particularly in specialty lines.
  • Experience translating business and underwriting needs into technical requirements and user stories.
  • Proven ability to work cross-functionally with development teams, underwriters, and business stakeholders.
  • Excellent communication and leadership skills with the ability to manage and influence stakeholders at all levels.
  • Analytical mindset with the ability to prioritize tasks and make data-driven decisions.
  • Familiarity with Agile methodologies and product development frameworks.

Preferred Qualifications

  • Experience in developing underwriting software or platforms.
  • Background in specialty insurance, such as professional liability, marine, or cyber insurance.
  • Understanding of risk management and regulatory requirements in specialty insurance.

Personality Traits and Mindset

  • Strong sense of urgency and ability to work under pressure to meet tight deadlines.
  • Ability to thrive in ambiguous situations and make decisions with incomplete information.
  • Self-motivated and able to operate with complete self-agency.
  • Passionate about data engineering and committed to delivering high-quality work.
  • Thought leader in the data Science domain, with a deep understanding of industry trends and best practices.
  • Ability to inspire and motivate the team towards continuous improvement and innovation.

Benefits

As well as the opportunity to work in a fast-paced, dynamic environment, we like to look after our team members at Concirrus. Here are some of our perks…

  • We pay competitively with regular pay reviews.
  • Tax efficient Pension Scheme with 5% matched contribution.
  • Private medical insurance from Vitality Healthcare.
  • Life insurance AIG Life.
  • Learning & Development fund for all employees.
  • 25 days annual leave (plus public holidays).
  • Modern offices close to Liverpool Street Station.
  • Coffee and snacks are all on hand in the office to keep you fuelled.
  • Monthly team drinks, birthday cakes and social events.
  • Season Ticket Loan and Cycle2Work schemes, plus seasonal flu vaccinations.
  • Plus, we’re always on the lookout for creative ways to look after our employees and encourage them to come to us when they have an idea or need.

Join us at Concirrus and be part of a diverse and inclusive team where your talents and ideas are valued. Apply now and let's transform the insurance industry together! 

Top Skills

Agile Methodologies
Product Development Frameworks
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The Company
HQ: London
52 Employees
Year Founded: 2012

What We Do

Concirrus' Quest platform empowers Underwriters and Brokers with new insights and rating factors that help innovate, improve performance, and drive down operating costs. Insights include proprietary behavioural data from predictive models that significantly outperform traditional risk assessment and underwriting techniques in the insurance market. Find out more at www.concirrus.com For vacancies, visit www.concirrus.com/careers

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