Product Owner Company Munich Re America Location Manhattan , United States Product Owner We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. The Company Munich Re Specialty North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks. Munich Re Specialty North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on MRSNA, including licensing, regulatory-required, and other information on the operating companies, visit Future focused and always one step ahead The Opportunity This special opportunity will be part of a team to lead the first joint product teams across Munich Re specialty North America and Global business units. This will include an agile transformation along with the traditional roles of a product owner, which is to lead the design, delivery and enablement of business capabilities within an internally or externally facing product (e.g. platform). The product owner will be directly accountable for developing the vision and strategic roadmap for the owned product and for ensuring a consistent design and capabilities framework. This role reports to the Head of Product Ownership. They communicate and influence effectively with stakeholders, technical and service focused individuals across the organization to share the importance of operational excellence and drive high engagement through metric driven outcomes. Responsibilities:
- Accountable for defining the platform vision and strategy, communicating to these to business and aligning the roadmap with IT application requirements.
- Translate product roadmap features into well-defined product requirements including features, user stories, and acceptance test criteria.
- Business capability's owner, enabler and functional expert for the product and processes surrounding the product.
- Define the design guard rails around the product and it's capabilities.
- Deeply entrenched in the development stages of a product including planning, development, test and deployment.
- Ensure a consistent methodology in design and implementation of a capability though product evaluation and inspection. (i.e. rating design).
- Anticipate business needs and routinely guide business and operational teams on designs to ensure insurance product and process can be enabled efficiently onto product.
- Partner with cross functional teams including stakeholders, analytics and IT to determine best solution for capability enablement.
- Keep up to speed on the current industry and product trends in order to influence capability enhancements
Job Requirements:
- Exceptional Communication (Oral, Written, and Presentation) skills amplified by a Get it Done attitude supported through respectful, thorough, and thoughtful message delivery
- Bachelor's Degree required
- 8+ years of experience in product management and/or development or relevant experience.
- 8+ experience enabling capabilities for the business with a guide toward anticipating needs with solutions, speed to market and ease of implementation.
- Experience launching, building and enhancing products to drive operational efficiency and business value.
- Established background in launching software or services in partnership with engineering teams and high degree of proficiency in prototyping, iterative development, understanding of Agile principles
- Excellent communication skills with the ability to engage, influence, and inspire partners and stakeholders to drive collaboration and alignment
- High degree of organization, individual initiative, personal accountability and comfort in working in a high paced delivery focused environment.
- Proactive, self-starter with excellent project management skills and ability to manage multiple tasks effectively
- Balance of technical knowledge and business acumen.
- Experience in lean process improvement initiatives, a plus.
- Understanding of insurance systems, processes / workflows a plus.
The Company is open to considering candidates in numerous locations, including Philadelphia, PA; Atlanta, GA; Princeton, NJ; and New York, New York. The salary range posted below applies to the Company's NYC location. The base salary range anticipated for this position is $150,300 - $220,400 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range. At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. Product Owner We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. The Company Munich Re Specialty North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks. Munich Re Specialty North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on MRSNA, including licensing, regulatory-required, and other information on the operating companies, visit Future focused and always one step ahead The Opportunity This special opportunity will be part of a team to lead the first joint product teams across Munich Re specialty North America and Global business units. This will include an agile transformation along with the traditional roles of a product owner, which is to lead the design, delivery and enablement of business capabilities within an internally or externally facing product (e.g. platform). The product owner will be directly accountable for developing the vision and strategic roadmap for the owned product and for ensuring a consistent design and capabilities framework. This role reports to the Head of Product Ownership. They communicate and influence effectively with stakeholders, technical and service focused individuals across the organization to share the importance of operational excellence and drive high engagement through metric driven outcomes. Responsibilities:
- Accountable for defining the platform vision and strategy, communicating to these to business and aligning the roadmap with IT application requirements.
- Translate product roadmap features into well-defined product requirements including features, user stories, and acceptance test criteria.
- Business capability's owner, enabler and functional expert for the product and processes surrounding the product.
- Define the design guard rails around the product and it's capabilities.
- Deeply entrenched in the development stages of a product including planning, development, test and deployment.
- Ensure a consistent methodology in design and implementation of a capability though product evaluation and inspection. (i.e. rating design).
- Anticipate business needs and routinely guide business and operational teams on designs to ensure insurance product and process can be enabled efficiently onto product.
- Partner with cross functional teams including stakeholders, analytics and IT to determine best solution for capability enablement.
- Keep up to speed on the current industry and product trends in order to influence capability enhancements
Job Requirements:
- Exceptional Communication (Oral, Written, and Presentation) skills amplified by a Get it Done attitude supported through respectful, thorough, and thoughtful message delivery
- Bachelor's Degree required
- 8+ years of experience in product management and/or development or relevant experience.
- 8+ experience enabling capabilities for the business with a guide toward anticipating needs with solutions, speed to market and ease of implementation.
- Experience launching, building and enhancing products to drive operational efficiency and business value.
- Established background in launching software or services in partnership with engineering teams and high degree of proficiency in prototyping, iterative development, understanding of Agile principles
- Excellent communication skills with the ability to engage, influence, and inspire partners and stakeholders to drive collaboration and alignment
- High degree of organization, individual initiative, personal accountability and comfort in working in a high paced delivery focused environment.
- Proactive, self-starter with excellent project management skills and ability to manage multiple tasks effectively
- Balance of technical knowledge and business acumen.
- Experience in lean process improvement initiatives, a plus.
- Understanding of insurance systems, processes / workflows a plus.
The Company is open to considering candidates in numerous locations, including Philadelphia, PA; Atlanta, GA; Princeton, NJ; and New York, New York. The salary range posted below applies to the Company's NYC location. The base salary range anticipated for this position is $150,300 - $220,400 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range. At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.