Product Owner - Specialty Insurance
Location: London (Hybrid) | Practice Area: Product & Experience | Type: Permanent
Drive the future of insurance through product innovation and strategic transformation
The Role
As a Specialty Insurance Product Owner at Capco, you will lead innovative product strategies and delivery within the dynamic world of insurance. You’ll collaborate with global teams, clients, and stakeholders across the London Market to shape the digital future of brokers, MGAs, syndicates, and carriers. From underwriting and claims to data modelling and integration, you’ll ensure end-to-end product success in one of the most regulated and evolving sectors in financial services. You will also embrace AI-enabled ways of working, using approved AI tools where appropriate to enhance product delivery while applying sound judgement and responsible AI practices.
What You’ll Do
- Lead the full product lifecycle, from vision and strategy to backlog management and release planning.
- Translate complex London Market and Specialty Insurance processes into user stories and actionable delivery roadmaps.
- Define and track success metrics aligned to business goals such as data completeness, efficiency, and regulatory compliance.
- Collaborate with engineering and architecture teams to design scalable data models, APIs, and integration standards.
- Engage stakeholders across underwriting, operations, technology, and compliance to ensure alignment and successful delivery.
What We’re Looking For
- Proven experience as a Product Owner or Product Manager within Specialty Insurance, the London Market, or Reinsurance.
- Strong understanding of delegated authority frameworks, placement processes, and platforms such as PPL, Whitespace, and Lloyd’s digital services.
- Knowledge of regulatory and data standards, including Lloyd’s Blueprint Two, ACORD, and data governance practices.
- Experience delivering digital, data, or workflow platforms in an Agile environment.
- Strong analytical, communication, and facilitation skills with the ability to work effectively across diverse teams.
Bonus Points For
- Hands-on experience with Lloyd’s APIs, Whitespace, or market integration tools.
- Familiarity with MGA models and delegated authority operations.
- Knowledge of AI and data product strategies, including GenAI.
- Experience supporting multi-region or cross-border product deliveries.
- Awareness of compliance, risk, and governance requirements in FS product development.
Why Join Capco
- Deliver high-impact technology solutions for Tier 1 financial institutions
- Work in a collaborative, flat, and entrepreneurial consulting culture
- Access continuous learning, training, and industry certifications
- Be part of a team shaping the future of digital financial services
- Help shape the future of digital transformation across FS & Energy
We offer a competitive, people-first benefits package designed to support every aspect of your life:
- Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance, and critical illness cover.
- Mental Health Support: Access to CareFirst, Unmind, Aviva consultations, and trained in-house mental health first aiders.
- Family-Friendly Support: Maternity, adoption, and shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
- Family Care: Eight complimentary backup care sessions for emergency childcare or elder care.
- Holiday Flexibility: Five weeks' annual leave with the option to buy or sell days.
- Continuous Learning: Minimum 40 hours of annual training and a dedicated business coach from day one.
- Healthcare Access: Convenient online GP services.
- Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.
Inclusion at Capco
We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know -we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity, and inclusion, and we bring a collaborative mindset to everything we do #LI-DNI
Skills Required
- Proven experience as a Product Owner or Product Manager within Specialty Insurance, the London Market, or Reinsurance
- Strong understanding of delegated authority frameworks and placement processes
- Experience with platforms such as PPL, Whitespace, and Lloyd's digital services
- Knowledge of regulatory and data standards including Lloyd's Blueprint Two, ACORD, and data governance practices
- Experience delivering digital, data, or workflow platforms in an Agile environment
- Strong analytical, communication, and facilitation skills
- Hands-on experience with Lloyd's APIs, Whitespace, or market integration tools
- Familiarity with MGA models and delegated authority operations
- Knowledge of AI and data product strategies, including GenAI
- Experience supporting multi-region or cross-border product deliveries
- Awareness of compliance, risk, and governance requirements in financial services product development
What the Team is Saying
Capco Compensation & Benefits Highlights
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Healthcare Strength — Health, dental, and vision coverage are described as solid with low copays and a good variety of choices, complemented by mental‑health resources, an EAP, and wellbeing events. Company materials emphasize global availability of these supports.
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Parental & Family Support — Enhanced maternity, paternity, adoption, and shared parental leave are highlighted, with several months of maternity leave noted in the U.S. in some accounts. Additional paid leave is called out for life events such as pregnancy loss, fertility treatment, menopause, and bereavement.
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Wellbeing & Lifestyle Benefits — A global wellbeing program, coaching/mentoring, mental‑health initiatives, and wellness reimbursements (e.g., gym, fitness) are positioned as core parts of the offering. Flexible working is emphasized alongside regionally tailored wellbeing events.
Capco Insights
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients. DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success. DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions. ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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Capco Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
