Product Manager
Posted 1 week ago by Hanson Lee
£750 Per day
Outside
Undetermined
London Area, United Kingdom
Summary: The role of Product Manager involves leading the modernization of underwriting capabilities within a Global Insurance Consultancy. The position focuses on delivering an intelligent Underwriting Workstation to enhance the underwriting experience through integrated tools and data. The Product Manager will oversee the product lifecycle, ensuring alignment with business outcomes and user needs. This strategic role requires collaboration across various teams to drive innovation and performance monitoring.
Key Responsibilities:
- Own the end-to-end product lifecycle for the Underwriting Workstation across lines such as E&S, Marine, Cyber, and Professional Liability.
- Define and maintain the product vision, roadmap, and success metrics aligned to underwriting strategy and business outcomes.
- Prioritize features and enhancements based on business value, underwriting needs, and feedback from users.
- Partner with underwriting teams to deeply understand user pain points, needs, and decision-making processes.
- Translate insights into modern user experiences that streamline submission intake, triage, appetite assessment, and risk evaluation.
- Embed automation, rules engines, and AI models to enhance underwriting productivity and decision support.
- Collaborate with design, engineering, data science, and platform teams to build, launch, and scale capabilities across the underwriting journey.
- Serve as the key liaison between business and technology—owning backlog grooming, release planning, and sprint reviews.
- Work closely with compliance, legal, and security teams to ensure all features meet regulatory and risk standards.
- Establish product KPIs such as underwriting cycle time reduction, user adoption, straight-through processing rates, and quote-to-bind conversion.
- Use data to drive product decisions, identify areas of underperformance, and continuously iterate the workstation’s capabilities.
- Maintain a strong feedback loop with underwriting users to refine and enhance the product post-launch.
Key Skills:
- Bachelor's degree required; MBA or insurance certifications (e.g., CPCU) a plus.
- 5+ years of product management experience, preferably within P&C insurance or insurtech.
- Deep understanding of underwriting processes and specialty lines dynamics.
- Strong experience delivering digital tools, workflow platforms, or data-enabled underwriting solutions.
- Proficiency in Agile methodologies and product development lifecycle management tools (e.g., Jira, Aha!).
- Experience with low-code/no-code platforms (e.g., Appian, ServiceNow), or integration with PAS (e.g., Guidewire, OneShield) preferred.
- Familiarity with decision engines, rules management, and third-party data integration.
- Demonstrated success in driving adoption of digital tools within underwriting or specialty insurance contexts.
Salary (Rate): £750 daily
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
6 month contract opportunity - £750 outside IR35 - Workbench - Insurance
We are partnered with a Global Insurance Consultancy who are seeking a strategic and technically savvy Product Manager. As Product Manager you will lead the modernization of underwriting capabilities across Specialty Lines through the delivery of an intelligent Underwriting Workstation. This role is central to transforming the underwriting experience—driving speed, consistency, and insight through integrated tools, data, and workflow orchestration.
Key Responsibilities:
- Product Ownership
- Own the end-to-end product lifecycle for the Underwriting Workstation across lines such as E&S, Marine, Cyber, and Professional Liability.
- Define and maintain the product vision, roadmap, and success metrics aligned to underwriting strategy and business outcomes.
- Prioritize features and enhancements based on business value, underwriting needs, and feedback from users.
- User-Centric Design & Innovation
- Partner with underwriting teams to deeply understand user pain points, needs, and decision-making processes.
- Translate those insights into modern user experiences that streamline submission intake, triage, appetite assessment, and risk evaluation.
- Embed automation, rules engines, and AI models to enhance underwriting productivity and decision support.
- Cross-Functional Leadership
- Collaborate with design, engineering, data science, and platform teams to build, launch, and scale capabilities across the underwriting journey.
- Serve as the key liaison between business and technology—owning backlog grooming, release planning, and sprint reviews.
- Work closely with compliance, legal, and security teams to ensure all features meet regulatory and risk standards.
- Value Delivery & Performance Monitoring
- Establish product KPIs such as underwriting cycle time reduction, user adoption, straight-through processing rates, and quote-to-bind conversion.
- Use data to drive product decisions, identify areas of underperformance, and continuously iterate the workstation’s capabilities.
- Maintain a strong feedback loop with underwriting users to refine and enhance the product post-launch.
Required Qualifications:
- Bachelor's degree required; MBA or insurance certifications (e.g., CPCU) a plus.
- 5+ years of product management experience, preferably within P&C insurance or insurtech.
- Deep understanding of underwriting processes and specialty lines dynamics.
- Strong experience delivering digital tools, workflow platforms, or data-enabled underwriting solutions.
- Proficiency in Agile methodologies and product development lifecycle management tools (e.g., Jira, Aha!).
Preferred Qualifications:
- Experience with low-code/no-code platforms (e.g., Appian, ServiceNow), or integration with PAS (e.g., Guidewire, OneShield).
- Familiarity with decision engines, rules management, and third-party data integration.
- Demonstrated success in driving adoption of digital tools within underwriting or specialty insurance contexts.