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Product manager - broker

Colchester (Essex)
Hiscox
Product manager
Posted: 22h ago
Offer description

Job Type:

Permanent

Build a brilliant future with Hiscox


About Hiscox UK

Hiscox UK is a leading brand in the insurance market, recognised as setting the standards others try to emulate. We consistently deliverstrong growthand exceptional returns, recruiting only thevery bestand empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.

Business Context

1. Hiscox UK is embarking on a major transformation to drive growth and improve efficiency, ensuring weremaincompetitive in an increasingly complex market.

2. This transformation focuses on four key business areas: Direct, Broker, Operations and Underwriting, with a strong emphasis on building a sustainable, long-term transformation capability.

3. A number ofinitiatives are already underway across these areas, requiring clear ownership,prioritisationand delivery to realise business value.

4. Product Managers will play a critical role as transformation partners to the business, shaping vision, definingroadmapsand driving delivery of change.

5. This is a senior role requiring strong stakeholder management and the ability to build trusted relationships at UKLT level.

The Role-BrokerChannel

This role will specifically partner with the Broker business area, with responsibility for shaping and delivering the roadmap to support brokers in placing and servicing business with Hiscox.

This includes driving the transformation of broker-facing journeys, trading capability and supporting systems, ensuring the proposition evolves in line with market expectations, brokerneedsand competitive trends.

Purpose

6. Collaborate with Senior Leadership to define,ownand continuously evolve themulti-yearroadmap for the business area, with end-to-end accountability for thestrategic outcomes, investment decisions,benefits realisationacross amulti-productportfolio

7. Be accountable forarticulating,evolvingandlanding the outcomesinherent within the roadmapfor the business vertical they are supporting

8. Broker against competing demands to ensurethe righttrade-offsare made to secure the benefits realisation plan

9. Own Discovery & Experience Design.Lead problem framing, hypothesis-driven discovery,facilitatejourney mapping and UX/CX collaboration

10. Ensure business outcomes are translated into clearly defined, outcome-based product intent, with requirements elaborated at theappropriate levelby the wider delivery team.Being theambassador and voiceof their journey areawithin the Transformationfunction, ensuring there is a clear articulation of the case for change andthe capability neededto deliver that

11. Agree solutions and compromises to ensure the right decisions are made for our customer groups

12. Identifyingissues across the complex delivery landscape and highlighting where business outcomesare under threat to ensure corrective action is taken

13. Create and foster strong relationships with all stakeholder groups across the business and transformation areas

Key Responsibilities:

14. Front door to Transformation -Acting as the UKLT’s front door to transformation, reporting to the relevant UKLT member as a dotted line.

15. Define, Own and Iterate theProduct Vision & Strategyfor each business area using both external and internal data to drivestrategic decisions.

16. Backlog Ownership:Define outcomes, prioritise epics/features using a transparent framework tied to measurable value

17. Be embedded within the business areaworking with the senior team to co-create and evolve the strategyand thentranslate this into capability needed.

18. Roadmap development& management-Overall accountability for creating and evolving business area roadmap, ensuringthere is a clear read across to the business strategy

19. Trade Off Management -make and defend complex prioritisation and investment trade-offsacross competing strategicobjectives.and act as a ‘strong voice of the business’ in transformation governance

20. Accountable for the delivery and optimisation of material business benefits, includingcommercialgrowth, efficiency, and customer outcomes, and for corrective action where value is at risk, tracking performance andidentifyingchallenges and opportunities

21. Drive out opportunities to enable business owned changeand increasing flexibility and agility in delivery

22. Measurement: Define success metrics (OKRs/KPIs),monitorperformance, and iterate

Candidate Profile

Skills and Experience

23. Strong experience in the insurance sector,operatingas a Product Manager / Senior Product Manager in broker-facing or distribution environments, with a clear understanding of broker trading,placementand servicing

24. Proven experience partnering with senior stakeholders, including Executive/ExCo-level leaders, to shape strategy, define roadmaps and influence investment decisions

25. Track recordof leading and delivering large-scale product or transformation initiatives across complex business domains

26. Strong strategic and commercial mindset, with the ability to balance growth,efficiencyand customer outcomes

27. Experience owning and evolving product roadmaps, including prioritisation, trade-offdecisionsand benefits realisation

28. Strong capability in discovery and problem framing, working closely with design,technologyand business teams to shape solutions

29. Experience embedding customer insight into product and roadmap decisions, particularly within digital or customer-facing environments

30. Comfortable operating in matrixed, cross-functional environments, with strong stakeholder management and influencing capability

31. Strong communicationskills, with the ability to clearly articulate the case for change

32. Experience working in Agile product environments, including backlog ownership and delivery oversight

33. Data-driven mindset, with experience tracking performance and delivering measurable outcomes

34. Collaborative leadership style, with the ability to bring others along the transformation journey

Ways of Working

35. Collaborative and inclusive, working across teams to shape priorities and deliver outcomes

36. Growth mindset, focused on continuous improvement and unlocking potential

37. Strong teamplayer, able to bring others along the transformation journey

Diversity and flexible working at Hiscox

At Hiscox we care about our people. We hire the best people for thejobandwe’recommitted to diversity and creating a truly inclusive culture, which we believe drives success. We also know that working life doesn’t always have to in the office, and as long as it’s safe to do so, we will be operating a hybrid way of working to encourage a healthy work life balance, with 2 to 3 days in the office per week.


Work with amazing people and be part of a unique culture

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