Digital Product Owner - Underwriting
Munich Re
- London
- Permanent
- Full-time
- 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.
- Owner of the business cases for the assigned product portfolio balancing investments with economical gain
- 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
- Will contribute the business view as a business product owner in third party service review meetings
- 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
- Strong experience in translating a business objective and strategy into defined services, operating model, product vision and roadmap and then oversee execution on the required roadmap.
- Must have excellent report writing skills, experience of preparing reports and presentations for Senior management / Committee or Board review.
- Must have ability to tactfully and appropriately question, support and challenge the business at all levels and present considered and balanced opinions, findings and recommendations.
- Should be focussed on completing activities, pragmatic solutions orientated and be conscientious with developing collaborative relationships with stakeholders.
- Policy Admin Systems such as AdGo, DuckCreek, Guidewire
- Underwriting workbench solutions such as Unqor
- Data Ingestion Solutions such as Instabase
- London Market applications such as PPL, Whitespace and Velonetic-/LIMOSS-
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. We make it happen. Together.Push Boundaries. With us. | Munich Re