Product Owner II

Liberty Specialty Markets; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the insurance sector is seeking a Product Owner II to join their Agile team in London. This role involves collaborating across departments to shape the vision for underwriting technology, ensuring solutions align with customer needs and business objectives. The ideal candidate will have experience in commercial insurance, strong communication skills, and a passion for innovation.

Qualifications

• Experience in commercial & specialty insurance preferred.
• Proficiency in Agile practices and experience within Agile teams.
• Ability to translate technical language into understandable business terms.

Responsibilities

• Collaborate with stakeholders to define and communicate product vision.
• Drive process innovation and improvements to optimize workflows.
• Own and maintain multiple product backlogs with clear prioritization.

Skills

Communication

Problem-solving

Analytical skills

Decision-making

Teamwork

Job description

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 08-May-2025

Employment Type: Permanent, Full time

Ref #: 1234571606

Description & Requirements

Role Title: Product Owner II

Department: Business Agility

Location: London

Type: Permanent

About the Role:

We are a forward-thinking organization passionate about harnessing people, process, and technology to drive innovation and profitable growth for the Global Risk Solution (GRS) business. We are seeking a skilled and dynamic Product Owner II to join our Agile team. This role provides a unique opportunity to collaborate across multiple teams and departments, shaping and executing the vision and direction of underwriting technology to meet GRS’s aspirations. You will work closely with technical teams, business stakeholders, and cross-functional partners to create and maintain a product roadmap, ensuring solutions meet customer needs and business objectives. This position is ideal for someone passionate about technology and business strategy, with a talent for innovation, process optimization, and creative problem-solving.

As a member of the Agile team, the Product Owner II represents the voice of the customer and organization by delivering business value. This role involves working with stakeholders (business and technology), including Line of Business leadership, to define and prioritize features and stories, ensuring alignment with customer needs and organizational goals. The person in this role must understand customer problems in detail, clearly define and prioritize them, and keep the team focused on the most valuable work. The Product Owner communicates regularly with stakeholders to maintain aligned understanding of how the team can deliver maximum value, collaborating with squads/teams, technologies, and architects across portfolios to develop a deep understanding of the supported systems.

About the Department & Team:

Business Agility partners across GRS to ensure that technology investments result in successful, agile, scalable outputs. Working closely with business segments, Business Agility is accountable for delivering digital capabilities that balance short-term and long-term needs for impactful outcomes. It also supports the evolution to a global delivery model with local service and cost-effectiveness.

The Product Owner role is part of the Underwriting Domain within Business Agility. The team provides the delivery skills and resources required to prioritize and deliver technology business outcomes.

Key Responsibilities:

• Collaborate with stakeholders to define and communicate the long-term vision and strategy for this multi-faceted product portfolio, aligning with business goals and technological capabilities.
• Drive process innovation and improvements to optimize workflows.
• Find innovative solutions to complex challenges, enhancing product features and processes to meet evolving business needs.
• Communicate the product and portfolio vision to squads/teams and external teams.
• Ensure squads contribute towards achieving product KPIs. Manage products with low to medium strategy, scope, and complexity.
• Own and maintain multiple product backlogs, ensuring clear prioritization and acceptance criteria. Develop actionable user stories.
• Set priorities and participate in quarterly planning sessions. Manage expectations with stakeholders regarding delivery of capabilities and features across multiple products.
• Participate in demos, retrospectives, and other Scrum ceremonies.
• Work daily with the Agile working group to clarify requirements, remove roadblocks, and support alignment on product strategy.
• Align development and business goals, working with stakeholders and teams to remove execution barriers.
• Monitor and maintain product health, supporting long-term viability and balancing costs with outcomes.
• Analyze feasibility, delays, economies, and potential impacts of planned changes.
• Understand regulatory, compliance, and industry constraints, prioritizing accordingly.
• Negotiate with squads to ensure portfolio priorities are aligned.
• Build product roadmaps based on strategy and stakeholder input.
• Communicate expected value and changes in each iteration based on team capacity.
• Contribute to customer-driven design and usability testing, ensuring market and industry relevance.

Skills and Experience:

• Experience in commercial & specialty insurance is preferred.
• Strong communication skills (interpersonal, verbal, written, presentation) with diverse stakeholders.
• Ability to translate technical language into understandable business terms.
• Keen problem-solving, analytical, and decision-making skills.
• Experience delivering complex initiatives.
• Proficiency in Agile practices and working within Agile teams.
• Experience managing diverse stakeholders and influencing senior leadership.
• Strong teamwork, coordination, organization, and planning skills.

About Liberty Specialty Markets (LSM):

Part of Global Risk Solutions and Liberty Mutual Insurance Group, LSM offers world-class insurance and reinsurance services globally. We value our people, promoting diversity, inclusion, and a healthy work-life balance. For more information, visit:

• https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us
• https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion