Product Owner - Underwriting

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Position:                           Product Owner

Reporting to:                   Head of Core Value Streams

Location:                          London, UK

Type:                                 Permanent

Band:                                 II

The Role

The role spans the Group Underwriting Function Value Streams and sits as a direct report to the Head of Core Value Streams as a member of the Group Enterprise Systems (GES) team. The remit includes the applications and data ecosystems within the Group Underwriting Function that support exposure management, risk analysis and capital optimisation.

Building on a period of substantial technology investment in finance systems, the GES team now needs to build out, and deliver, technology roadmaps for the remaining group functions, especially the Group Underwriting function. They also need to continue to deliver a first class level of maintenance and support for the critical systems that they have responsibility for.

Key Responsibilities

· Resilience: ensure the provision of all applications to meet the quality, resilience and usability of all user groups.

· Customer Liaison: collaborate with functional leadership teams to set and drive the strategic agenda for all applications within the function to ensure they support the Group Technology goals to Simplify, Protect and Enable the wider business.

· Technical Consultant: nurture ideas and propose solutions to existing problems, engage with architects, determine roadmaps for the applications, and manage or liaise with support teams to achieve goals and objectives.

Ensure:

· All in-scope applications and platforms are robust, secure, scalable and comply with regulatory mandates and standards.

· Manage, inspire, and develop the team. Ensure they have necessary capabilities/training to perform their roles to the highest standards.

· Promote a commercially oriented culture where the support team recognize their importance to Hiscox’s commercial aims and work to enhance and enable them.

· Provide relevant strategic management information to stakeholders as required to help assess project progress, service levels, and key decisions.

· Adopt a value focused approach to technology leadership, maximizing commercial return on investment, whilst effectively managing a finite budget.

Candidate Profile

We are looking for previous experience as a Product Owner in the insurance or reinsurance space with a background working with actuaries, capital modelling teams or risk managers.

Experience with actuarial & catastrophe modelling software is desirable.

Whilst a technical background in software delivery and digital platforms is essential for this role, there are a number of key capabilities that the successful candidate needs to be able to demonstrate which are more important than a strong technical background:

· Strategic thinking: Our current application estate is set to go through a significant transformation programme over the next few years to enable it to better respond to evolving business needs. Strong analytical skills and complex problem solving is parament to the success of this role.

· Leadership: Having the ability to communicate a product vision, a set of objectives, as well as delivering change through teams (both internal and third party) is a key feature of the role.

· Communication & stakeholder management: The role requires a strong ability to communicate effectively and influence at different levels of the organisation, from the individual developer in the team through to the senior leadership. The Underwriting Product Owner role is a key business partner for a key function across the Group so the successful candidate needs to be able to manage complexity in prioritisation and stakeholder management, as well as being very adept at written, verbal, and listening skills.

· Programme management – lead across vendors and internal teams, comfortable working with both traditional methodologies and modern agile methodologies in a multi-faceted application estate with a wide range of different tools and technologies.

Diversity & Benefits

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.

Working life doesn’t always have to be in the office, so we have introduced hybrid working to encourage a healthy work life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.

We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other. 

Our benefits package includes a bonus, contributory pension, 25 days annual leave plus 2 Hiscox days and a 4 week paid sabbatical with every 5 years’ worth of service, private medical for all the family and much more.

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