Head of Product

Hiscox; London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

An established industry player seeks a visionary Head of Product to lead the development of innovative products at the I-HUB. This pivotal role involves collaborating with diverse teams to execute a dynamic product roadmap, ensuring high-quality output while navigating a complex environment. The successful candidate will drive product launches, engage stakeholders, and implement strategic improvements, contributing to significant revenue growth. Join a company that values creativity and innovation, and be part of a journey that aims to redefine the insurance landscape.

Qualifications

• Proven ability to navigate a matrix environment and engage stakeholders.
• Strong commercial judgment and strategic thinking are essential.

Responsibilities

• Designing and delivering the I-HUB product roadmap.
• Launching new products and extending existing ones into new markets.
• Managing third-party vendors and leading a team of professionals.

Skills

Product Design

Stakeholder Engagement

Leadership Skills

Market Insight

Project Delivery

Job description

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Head of Product - I-HUB

The I-HUB is a Centre of Excellence delivering new products and propositions across our Business Units, aiming to maximize our footprint, expand our product range, and anticipate customer needs. By 2030, I-HUB initiatives are projected to contribute over $1bn in annual revenue.

The Role

As the Head of Product, you will lead the development of new products and propositions, managing a team of Business Analysts and Developers. Your role involves collaborating with senior Change, IT, and Underwriting teams to execute the product roadmap, launching products rapidly, iterating post-launch, and streamlining development processes for efficiency.

You will oversee program management activities, develop reporting processes, and ensure products meet regulatory standards. Your experience in project delivery, market insight, and leadership will be critical to success.

This Role Is Responsible For

• Designing and delivering the I-HUB product roadmap
• Launching new products and extending existing ones into new markets
• Selecting and maintaining IT platforms for product development
• Managing third-party vendors
• Leading a team of professionals ensuring high-quality output
• Engaging stakeholders to maximize product launches
• Gathering insights and feedback from partners and channels
• Communicating product strategy
• Tracking product performance and implementing improvements

Candidate Profile

Proven ability to navigate a matrix environment, engage stakeholders, make informed decisions, and bring a market-focused perspective. Strong commercial judgment and strategic thinking are essential.

Skills and Experience

• Extensive experience in product design and delivery across platforms
• Ability to interpret and translate broad requirements into technical specs
• Excellent organizational and leadership skills
• Strong stakeholder engagement and influencing skills
• Capability to execute ideas at scale

Key Results

• Launch of 3 products in 2025 with a $24m run-rate
• 12 new products annually from 2026, reaching $1bn premium by 2030
• Timely and on-budget delivery of product plans
• Effective performance tracking and a “scale or fail fast” approach

About Hiscox

Hiscox is a specialist insurer focusing on unique markets, fostering a culture of innovation, challenge, and continuous evolution. We value creativity, integrity, and customer focus, and seek talented individuals to join our journey.

Diversity and Hybrid Working

We promote an inclusive culture and support flexible, hybrid working arrangements to ensure work-life balance.

Additional Information

Level: Director | Type: Full-time | Industry: Insurance