Senior Product Owner for Digital Services

2 weeks ago

London, United Kingdom Munich Re Full time

At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.
We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.
As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. You will be responsible for the oversight and management of the key digital underwriting products, particularly the Policy Administration Systems, Electronic Trading Solutions, the Underwriting Workbench and Data Ingestion Solution.
You’ll ensure the key digital underwriting products are managed both strategically and operationally to support the overarching goal of improving MRSG’s underwriting operational performance and contribute to achieving the underwriting business strategy.
Working with business and IT stakeholders to continuously review the key digital underwriting products to ensure they are meeting the needs of the underwriting teams to enable efficient working practices aligned to the overarching strategy and the underwriting target operating model.
Responsibility for end-to-end integrity of business capabilities using subject matter expertise and experience to ensure the digital underwriting products portfolio is designed and developed to meet our business objectives/strategy
Responsible for the end-to-end lifecycle of a portfolio of digital underwriting products including assisting with planning, developing, testing, maintaining and configuring in accordance with the Business Owner role defined by the Munich Re methodology MR Essentials for developing and maintaining technology products.
Work with the business stakeholders and IT to verify and manage business requirements in order to continuously improve the digital underwriting products portfolio.
Work with the Change/Transformation project leads, business and technology architects as a point of contact for any projects that impact the digital underwriting products.
Work with IT Product Managers and architects to drive alignment, assessment and prioritisation of identified demands for each digital underwriting product.
Responsibility for sign off change requests, planning and executing product releases enhancements and upgrades.
Perform functional impact analysis on any proposed changes to the digital underwriting products.
Monitor the stable run of the digital underwriting products, including support for incident and monitoring processes aligned with the needs of the business and IT.
Will be the point of contact for the digital underwriting products for regulatory and IT security requirements (e.g. IT Compliance, Business Product Owner role, Third-Party Vendor Management and Risk Management, Operational Resilienc
Will be responsible for non-technical product changes, improvements and configuration such as rating, policy wording, referral amendments including user experience improvements in alignment with Munich Re’s norms for managing systems
Experience designing solutions for policy administration, agent-facing portals, UW workbench, risk analysis and pricing, underwriting file capabilities is preferred.
Experience with commercial-off-the-shelf or SaaS policy administration systems (e.g., S2000/Advantage Go, Guidewire, Duck Creek,), document production or rating engine software is preferred
Must have excellent report writing skills, experience of preparing reports and presentations for Senior management / Committee or Board review.
Policy Admin Systems such as AdGo, DuckCreek, Guidewire
Data Ingestion Solutions such as Instabase
At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more
Diversity & Inclusion
Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.
Working together, we are an employer of choice by building the workforce for today and the future.

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