Product Owner II – Data & Analytics at Major US Insurer

Capgemini; United States; Hybrid; USD 140,000 - 170,000; Full time

Benefits offered by this job

Private Health and Dental Insurance

Pension Plan

Meal tickets

Life Insurance

Job summary

Farmers Insurance is seeking an experienced Product Owner II to lead product development within an Agile environment. You will be the primary liaison between stakeholders and the data and analytics team, prioritizing the backlog and translating business needs into actionable user stories.

The ideal candidate has a consultative mindset, strong storytelling and the ability to communicate complex data concepts to diverse audiences.

Qualifications

• Experience in Property & Casualty insurance with understanding of core metrics.
• 3+ years managing product backlogs and user stories in Agile environments.
• 3+ years collaborating with cross-functional business and technical teams.
• Knowledge of Agile methodologies, including Scrum and scaled Agile practices.

Responsibilities

• Serve as the primary point of contact between stakeholders, end users, and Agile teams.
• Own, manage, and prioritize the Agile team backlog based on business value.
• Collaborate with business stakeholders, Product Managers, and data teams to define requirements.
• Translate business needs into clear, actionable user stories with acceptance criteria.
• Maintain clear communication regarding priorities and timelines.
• Lead backlog refinement activities and coordinate priorities across teams.
• Monitor progress, identify risks, and implement solutions.
• Evaluate adoption and suggest continuous improvements.

Skills

Data product ownership

Executive stakeholder mgmt

Backlog management

Insurance domain (P&C)

Education

Bachelor's degree preferred

Tools

SAFe

LeSS

Job description

This Product Owner II role sits at the intersection of Agile delivery, data & analytics, and insurance domain expertise — a high-value combination in today's market. For mid-career professionals, this is a strong growth opportunity.

Compensation signals: No salary is listed, but Product Owner II roles at large insurers in Brazil typically command BRL 14,000–22,000/month depending on seniority and contract type. The benefits package (pension, health/dental, meal tickets, performance bonuses) suggests a formal employment arrangement rather than freelance.

• Data product ownership — a niche and fast-growing specialization bridging business and analytics teams
• Stakeholder management at executive level, including cross-functional influence without direct authority
• Agile backlog management within scaled frameworks (SAFe, LeSS), increasingly required at enterprise level
• Insurance domain expertise in P&C — valuable and transferable across global insurers

Green flags: Part of one of the world's largest insurance groups, suggesting organizational stability and global mobility potential. Career development and training are explicitly listed as benefits.

Flags to consider: The exclusivity of employment clause is strict — no side projects or consulting. This is standard at large corporations but worth noting for entrepreneurial professionals. The role also demands English-language CVs, signaling an international-facing team dynamic. Overall, a solid mid-career move for someone targeting enterprise data product roles in financial services.

Our Client is one of the United States' largest insurers, providing a wide range of insurance and financial services products with gross written premiums well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Our Client is part of one of the largest Insurance Groups in the world.

About the Role

Farmers Insurance is seeking an experienced and results-driven Product Owner II to lead product development activities within an Agile environment. In this role you will be the primary liaison between stakeholders and the data and analytics team. You will be responsible for managing and prioritizing the team backlog, translating business needs into actionable user stories, and ensuring product development aligns with business objectives and expectations.

The ideal candidate brings a strong consultative mindset, exceptional problem-solving abilities, and the ability to think strategically about future business and data needs. Success in this role requires strong storytelling and communication skills, enabling complex data concepts and technical recommendations to be translated into clear business insights and actionable decisions. The candidate will possess a foundational understanding of data products, data visualization, and data modeling, along with the ability to influence stakeholders across all levels of the organization.

What You Will Do

• Serve as the primary point of contact between stakeholders, end users, and Agile teams throughout the product development lifecycle.
• Own, manage, and prioritize the Agile team backlog based on business value, customer needs, and strategic objectives.
• Collaborate with business stakeholders, Product Managers, and data and analytics teams to define product requirements and priorities.
• Translate business needs into clear, actionable user stories with well-defined acceptance criteria.
• Maintain clear communication regarding product priorities, delivery timelines, dependencies, and progress.
• Lead backlog refinement activities, identify dependencies, and coordinate priorities across teams.
• Monitor product progress, identify risks and potential roadblocks, and collaborate with teams to implement effective solutions.
• Evaluate product adoption, outcomes, and recommend continuous improvements to enhance business value.

Requirements

Experience & Education

• Experience working in the Property & Casualty insurance industry with an understanding of core insurance functions, products, operations, and business metrics.
• Experience managing product backlogs, defining user stories, and supporting product delivery.
• 3 or more years of professional experience working in an Agile environment, or 3–5 years of experience in a project-based environment.
• 3 or more years' experience collaborating with cross-functional teams, business stakeholders, and technical development teams.
• Knowledge of Agile methodologies, including Scrum and scaled Agile practices.
• Bachelor's degree preferred.

Recommended Skills

• Strong consultative skills with the ability to identify business challenges, uncover opportunities, and recommend data-driven solutions.
• Demonstrated problem-solving capabilities, including the ability to analyze complex business and data challenges and develop practical solutions.
• Future-oriented thinking with the ability to anticipate emerging business needs, data requirements, and product opportunities.
• Experience translating complex business, analytical, and technical technical concepts into compelling narratives tailored to diverse audiences.
• Knowledge of data visualization principles and experience partnering with teams to deliver effective dashboards, reporting solutions, and actionable insights.
• Ability to effectively communicate and collaborate with both business stakeholders and technical data and analytics teams throughout the product lifecycle.
• Ability to facilitate discussions spanning business objectives, solution design, data architecture, analytics, and development considerations.
• Ability to define and prioritize user stories, acceptance criteria, and iteration goals.
• Experience managing dependencies, evaluating product progress, and supporting risk mitigation.
• Familiarity with Agile planning and tracking tools.

Core Competencies

• Excellent storytelling, presentation, and written communication skills.
• Strategic and future-focused thinking with the ability to identify emerging opportunities and risks.
• Ability to communicate effectively with executive stakeholders, business partners, and technical teams.
• Knowledge of data and analytics concepts, including data visualization, metrics, reporting, and data modeling.
• Ownership, accountability, and commitment to delivering high-quality data products and business value.
• Competitive salary and performance-based bonuses
• Career development and training opportunities
• Dynamic and inclusive work culture within a globally renowned group
• Private Health and Dental Insurance
• Pension Plan
• Meal tickets
• Life Insurance

Please note: CVs must be submitted in English. Applications in other languages will not be considered.

By applying for this position, candidates acknowledge and agree that:

• Personal Data Processing: The personal data provided during the recruitment and selection process will be collected, processed, and retained for legitimate recruitment and compliance purposes, in accordance with applicable data protection and privacy laws and FBS internal policies.
• Legal Authorization to Work: Employment with FBS is conditional upon the candidate having valid, local legal authorization to work in the country where the role is based at the time of hire. FBS does not sponsor or obtain work authorization unless explicitly stated.
• Exclusivity of Employment and Conflict of Interest: Upon acceptance of an offer and during employment with FBS, employees will not be permitted to engage in parallel employment, professional activities, or paid work for other entities. Any ownership, partnership, directorship, or participation in other businesses or companies must be fully disclosed and formally reviewed in accordance with FBS internal conflict-of-interest and external engagement policies prior to the start date or as soon as such circumstances arise.

Failure to comply with these conditions may impact the hiring decision or employment continuation.

Is this Product Owner II role fully remote or office-based? The posting mentions flexible work arrangements, but does not specify fully remote. The role is based in Brazil, and candidates should expect some coordination with U.S.-based stakeholders, potentially requiring afternoon availability in Brazilian time. Does Farmers Insurance sponsor work visas for this role in Brazil? No. The posting explicitly states that FBS does not sponsor or obtain work authorization. Candidates must already have valid legal authorization to work in Brazil at the time of hire. What is the salary for this Product Owner II position? No specific salary is listed in the posting. The benefits include competitive salary, performance-based bonuses, health/dental insurance, pension plan, meal tickets, and life insurance. Can I work for other companies or clients while employed in this role? No. The role includes a strict exclusivity clause prohibiting parallel employment or paid work for other entities during your employment with FBS. What background do I need to apply for this Product Owner II role? You need 3+ years of Agile or project-based experience, familiarity with P&C insurance operations, experience managing product backlogs and writing user stories, and strong data and analytics knowledge. A bachelor's degree is preferred and your CV must be submitted in English.