Job Description

Description

The primary purpose of this role is to manage and oversee the continuous improvement of the Actuarial and Insurance modelling systems, including the integration with various third party systems. This role will serve as a liaison between business requirements and technical execution by our software vendors / internal IT teams, overseeing maintenance activities and steering product development from inception to delivery for both projects and Business as Usual (BAU) initiatives.

Specific Responsibilities

Develop and communicate a clear product vision and strategy, aligning with business objectives and system capabilities. Collaborate with internal stakeholders, including business operational leaders, business analysts and testers to gather requirements, prioritise features, and ensure alignment with strategic goals. Create and maintain a system roadmap for the products, identifying key technical initiatives (maintenance and upgrades), dependencies, and milestones to support product delivery. Work closely with business stakeholders to understand requirements and translate them into system specifications, ensuring feasibility and alignment with the solution design. Define and prioritise user stories, acceptance criteria, and system configuration tasks, ensuring that Configurations and Technical teams have a clear understanding of what needs to be implemented. Provide technical system leadership and guidance to development teams throughout the product lifecycle, ensuring adherence to system standards, best practices, and architectural guidelines. Work closely with the Platform and Architecture teams to ensure efficient, cost effective environments with continuous cost monitoring / reporting. Plan and coordinate product releases, including feature prioritisation, sprint planning, and stakeholder communication, to ensure timely delivery of high-quality releases. Collaborate with QA teams to define test plans, validate product functionality, and ensure that quality standards are met throughout the development process. Identify and mitigate technical risks, proactively addressing issues that may impact product delivery or quality, and ensuring scalability, reliability, and security of the product.

Essential Skills & Requirements

Proven work experience as a Product Owner or similar role, in the Specialty Insurance industry. Strong understanding of insurance business processes, products, and regulations. Proven experience working with Actuarial / Exposure Management systems such as Verisk AIR, Touchstone, HxRenew, TigerEye. Ability to prioritise competing demands and make data-driven decisions. Excellent communication, negotiation and stakeholder management skills. Experience with Agile methodologies Certification(s) in Agile or Product Management (e.g., CSPO, PSPO) is a plus. Strong analytical thinking and problem-solving skills. Ability to work independently and as part of a team in a fast-paced environment.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone's voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company's success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.

About The Lancashire Group

Lancashire are a provider of global specialty insurance and reinsurance products operating in Bermuda, London, the U.S. and Australia, across three delivery platforms: rated company, Lloyd's and collateralised security.

Our focus is on short-tail, specialty (re)insurance risks within four general segments: Property and Casualty, Aviation, Energy and Marine, and Specialty.