Job description and person specification

Job Title: Product Owner

Division: Risk & Compliance

Reports To: Business Manager

Key Relationships: Risk and Compliance, Group Change & Project Managers, IT, MI and Data

Job Summary: Defines and owns the product/capability vision and the end-to-end delivery. Owns and maintains the product/capability backlog. Ensures business requirements are clearly defined, agreed and ready for development in accordance with business priorities. Proactively challenge stakeholders to ensure the best outcome for Beazley.

The capability under ownership is Risk & Compliance technical enablement and associated SaaS solutions.

Key Responsibilities:

Work collaboratively with stakeholders to create a value-driven product vision and roadmap.
Decide what product functionality should be delivered, for whom, why, and in what order in collaboration with the Risk & Compliance SLT.
Define and own the end-to-end delivery and maintain product backlogs, ensuring the highest value items are being delivered at all times.
Work with other Beazley Product Owners to maximise alignment and reuse and avoid conflicts and duplication of work.
Gather input from the product customers, users and other stakeholders on their needs and desired outcomes and represent product stakeholders in product design and prioritisation.
Work with stakeholders to measure delivered business outcomes and business value provided by delivered products.
Chair product delivery meetings and provide guidance to the product delivery team including identifying opportunities for product delivery process improvement.
Maintain and provide necessary artifacts for various committees and steering groups.
Forecast and monitor product delivery progress and spend.

General

It is important that within all your interactions both internally and externally you adhere Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers." We also expect Beazley employees to:

Comply with Beazley procedures, policies and regulations including the code of conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management
Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups

Personal Specification:

Essential Criteria

SCRUM Product Owner (CSPO) Certification, International Diploma in Business Analysis or Master Certificate in Business Analysis
PMP or like qualification in Project Management
Highly skilled in the analysis and documentation of complex business processes.
In-depth experience with multiple methods for the elicitation, validation, and documentation of requirements
Experience of governance, risk and compliance platforms, ideally in financial services

Education and Qualifications

Graduate, equivalent education and/or qualifications or equivalent experience

Skills and Abilities

Strong analytical skills
Holds high standards for own and others work output
Ability to think creatively
Works well in a team to achieve common goals
Ability to work at a fast pace and work on multiple tasks at once
Demonstrated functional and conceptual understanding of technical matters

Knowledge and Experience

Experience in customer journey and process mapping
Working in an agile environment with teams across multiple locations and time zones
Experience in risk management or regulatory delivery
Experienced in working with software providers and outsourcers.
End to end experience of the project lifecycle over numerous medium scale projects.
Proven skills in stakeholder engagement, negotiation, and networking.
Results orientated with good communication and interpersonal skills.
Able to communicate complex ideas, issues, and designs to varied audiences

Who We Are:

Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.

Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.

Our Culture

We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.

Be bold
Strive for better
Do the right thing

Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us – our ambitious inclusion & diversity and sustainability targets are testament to this.

We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.

Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:

Beazley RACE - Including, understanding and celebrating People of Colour
Beazley SHE - Successful, High potential, Empowered women in insurance
Beazley Proud - Our global LGBTQ+ community
Beazley Wellbeing - Supporting employees with their mental wellbeing
Beazley Families - Supporting families and parents-to-be

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:

Internal Pathways (helping you grow into an underwriting role)
iLearn (our own learning & development platform)
LinkedIn Learning
Mentorship program
External qualification sponsorship
Continuing education and tuition reimbursement
Secondment assignments

The Rewards

The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, global organization
Attractive base compensation and discretionary performance related annual bonus
Private medical insurance coverage for both you and your dependents
Company paid life assurance and long term disability insurance
Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
Up to £550 reimbursement towards home office setup
Free in-office lunch and monthly lifestyle allowance
Monthly travel allowance or annual season ticket
The opportunity to save for, and purchase, shares of Beazley stock
Six months fully paid parental leave, regardless of how you come to parenthood
Company paid sabbatical up to 12 weeks after 10 years of continued service
Support with exam/study leave and fees for relevant qualifications related to furthering education
Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business

Product Ownership jobs

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