Product Owner I, Risk Proposal & Issuance - Surety

Posted 13 Days Ago
Hiring Remotely in Indianapolis, IN
Remote
Hybrid
107K-150K Annually
Entry level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Join us, and pursue your tomorrow, today.
The Role
The Product Owner collaborates with stakeholders and manages the product backlog to deliver business value for underwriting capabilities in the Surety business. The role involves defining priorities, ensuring alignment with customer needs, and participating in agile ceremonies while maintaining product health and monitoring performance metrics.
Summary Generated by Built In

Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
As a member of the Agile team, the Product Owner represents the voice of the customer and the organization through the delivery of business value. This person collaborates closely with stakeholders (business and technology), including segment level
and executive leadership, to define and prioritize epics, features, and stories, ensuring alignment with customer needs and organizational goals.
The Product Owner understands customers' problems in detail and ensures the problems are clearly defined, prioritized and the squad/team focuses on the most valuable work for the organization. The Product Owner is the team member always communicating with stakeholders to ensure an aligned understanding of how the squad/team can provide the highest value for the customer through the lens of the organization. This person collaborates with squads/teams, other product owners in other portfolios, technologists, and architects across the organization to develop a deep understanding of the technologies and systems they support.
If you are passionate for solving business problems and motivated to work with business and technology teams in pursuit of key GRS objectives, apply to join the Business Agility organization!
The Risk Proposal & Issuance portfolio within the Underwriting domain is an exciting place to share your talents and knowledge of Underwriting as well as exercise creativity unraveling complex capabilities to ensure Underwriting profitability. In this role you will be specifically owning and supporting Underwriting products and capabilities for the Surety business.
***East coast time zone preferred due work with a team in Belfast, Northern Ireland***
Responsibilities:

  • With the squad, accountable for developing and achieving product level KPIs
  • Manages product(s) with high degree of strategy, scope, and complexity
  • Owns and maintains the product backlog and is accountable for its contents and prioritization
  • Accountable for clear, actionable user stories
  • Participates in squad/team demos, retrospectives, and all other ceremonies
  • Balances tactical and strategic decisions for the product, collaborating with peer product owners, managers, portfolio product owners, and other technical leaders, as necessary
  • Leads and/or attend sessions with users, customers, SMEs, to gain thorough understanding the product, immediate opportunities, and long-term direction
  • Partners with User Experience to ensure the products delivered strike the right balance between intuitive, simple, cohesive, and complete
  • Monitors and maintains the product health
  • Designs additional monitoring to support enhanced understanding of product health
  • Proactively monitors impact of their product on others in the ecosystem
  • Analyzes and reports on feasibility, cost of delay ramifications, economies, or other aspects of planned or potential changes to the product
  • Drives alignment with stakeholders to understand the impact that their products' regulatory, compliance, and other industry constraints will have on other products in the portfolio
  • Negotiates with internal and external squads/teams to set aligned priorities among squads/teams both within and outside the portfolio


Responsibilities Highly Desired:

  • Contributes to the development of the portfolio vision
  • Contributes to the creation of a product vision and alignment of strategic priorities with stakeholders
  • Helps to communicates the product vision and strategy to their squad/team and other squads/teams outside their portfolio & functional area as well as executive leadership
  • Ownership of multiple digital products (service, capability, or function),accountable for articulating value and outcomes derived through investment in the digital product
  • Works frequently with the agile working group clarifying business needs, removing roadblocks, continually communicating, and supporting alignment around product strategy
  • Own the following with respect to the digital product:
  • Functionality (Reviews and accepts features as completed from delivery team)
  • Outcomes and Key Performance Indicators
  • Prioritization
  • Implementation
  • Communication (feature functionality)
  • Backlog management with product delivery team
  • Contributes to the articulation and definition of the work deliverables for the product (this could be EPICs, Features, Stories, with more of a focus on Features), based on investment appetite.
  • Explains the desired outcomes, functionality, business process, and priorities, as it pertains to various planning intervals, to product delivery team
  • Sets expectations with stakeholders for delivery of new capabilities, features, and functionalities as part of the quarterly planning process

Qualifications

  • Knowledge of Agile development methodologies and IT project management as typically acquired through a Bachelors` degree in relevant field (business, computer science, humanities, etc.) and a minimum of 2 to 4 years direct experience with agile teams as well as 5 years in business, technology or consulting.
  • Able to depict complex ideas, issues and designs to varied audiences; educate SBU/department(s) on business vision and plan and the impact of change.
  • Able to make difficult and quick decisions daily.
  • Problem solver with ability to lead the team to push the solutions and progress.
  • Experience in the insurance industry preferred.
  • Knowledge of relevant products and portfolio preferred.
  • Experimental mindset to drive innovation amongst uncertainty.

About Us
**This position may have in-office requirements depending on candidate location.**
At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices

  • California
  • San Francisco
  • Los Angeles
  • Philadelphia


USD $106900.00 - $149600.00

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The Company
HQ: Boston, MA
45,000 Employees
Hybrid Workplace
Year Founded: 1912

What We Do

Liberty Mutual Insurance exists to help people embrace today and confidently pursue tomorrow. A Fortune 100 company and global leader in property and casualty insurance, we’ve spent over a century creating innovative products, services and technologies to meet the world’s ever-changing needs and make a difference for our customers and communities.

Why Work With Us

We offer the agility, work flexibility, project ownership and access to emerging tech you’d expect from a start-up — combined with the stability, resources and benefits that come from working at a leading Fortune 100 company. All in a welcoming, inclusive environment that values the unique insights, perspectives and backgrounds of each person.

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