Combined Insurance, a Chubb Company, is seeking a Product Ownerto join our fast-paced, high energy, and growing company. For nearly 100 years in the insurance industry, our company has been passionate about serving our customers and providing them peace of mind and protection when they need it the most. Come build your career here, along with other positive, hard-working, talented professionals-just like you!
The Product Owner will lead Combined Insurance's efforts to deliver customer solutions and business automation that will improve the experiences of policyholders, agents, brokers, and employers.
JOB SUMMARY:
As a Product Owner (PO), you will play a critical role in leading technology transformation and building business capabilities that allow Combined to compete in the market and deliver leading customer experiences. Product Owners will be aligned to the following strategic initiatives:
Combined Connections: Deliver leading digital experiences and self-service capabilities related to brokers, agents, claims, and benefits administration. Specifically, this role will have an increased focus on the broker journey and building capabilities to enhance their customer experience.
Producer Compensation & Compliance: Leverage automation and digital capabilities to enhance administration of producer compensation, contracting, and licensing & appointments.
As a dedicated member of an Agile team, the Product Owner will partner with business owners and stakeholders across Combined to successfully deliver the project, from defining requirements and designing solutions to articulating acceptance criteria and executing testing. This includes driving the end-to-end digital product lifecycle to achieve business outcomes aligned with strategic priorities and corresponding OKRs. The PO will lead a multidisciplinary squad to deliver high quality work product via faster/shorter iterative cycles. They will be responsible for driving decision-making and removing impediments to the team's progress by influencing key stakeholders, engaging with other POs to manage interdependencies, and escalating issues appropriately.
RESPONSIBILITIES:
Own end-to-end product lifecycle, including visioning, research & data gathering, planning, execution, and measurement; accountable for the quality of work product and overall outcomes produced by the multidisciplinary squad throughout the lifecycle
Develop, prioritize, and maintain the product roadmap and squad backlog to drive speed-to market and business impact
Articulate opportunities and design target journeys and solutions, balancing multi-disciplinary inputs and competing stakeholder priorities with achieving business outcomes
Monitor dependencies and risks, and actively work with relevant stakeholders to mitigate or resolve
Provide needs clarity, support solutioning & release planning, and collaborate in providing quality assurance during build and testing of the product capabilities
Facilitate product demos and launches, advocating and communicating value to users and stakeholders
Measure and track performance of key metrics in line with the OKRs; generate insights and feed back into the roadmap and delivery
Scribe experience and process-focused user stories in alignment with the digital-first ways of working story writing and ownership model
Continuously identify areas of opportunities for the squad and provide input into sprint reviews and retrospectives
Build and maintain relationships and collaborate effectively on an on-going basis with cross functional stakeholders intra and inter domain
Ensuring compliance with regulatory and legal requirements
Identify development needs and provide product mentorship and coaching to the squad
FUNCTIONAL COMPETENCIES:
Ability to provide hands-on direction and day-to-day execution ownership in a multidisciplinary team
Relevant knowledge and understanding of business objectives to align with product vision
Demonstrated ability to think both strategically and tactically; Also, an empathic approach to understand user needs and motivations
Excellent communication and presentation skills; comfortable in engaging with senior leadership
Ability to effectively identify and manage needs of a broad range of stakeholders
Ability to juggle multiple priorities and handle unexpected challenges that arise within projects, adapting quickly and effectively
Strong self-motivator with a contagious ability to spread energy to team
TECHNICAL COMPETENCIES:
Hands-on end-to-end digital product management lifecycle experience, preferably in insurance industry setting
Robust working knowledge in technical aspects of product development, including solution design, SDLC management, agile principles, and programming concepts
Strong knowledge of Chubb's digital-first operating model and its application to the product management discipline
Fluency in data and analytics driven decision making and feedback loops into product development
EDUCATION/SKILLS/EXPERIENCE:
Bachelor's Degree or equivalent experience with background in business, computer science, customer experience, or technology
5-10+ years of experience leading initiatives within the Insurance and Financial Services industry
4-7+ years of product ownership experience working in or leading Agile units (preferably as a product owner in an insurance company or in an insurtech)
Fintech, Insurtech, or end-to-end customer digital experience advantageous
Customer first mindset and approach to product development
Demonstrated understanding for the intersection of business, UX design, and technology
Knowledge of Insurance distribution management (e.g., employee agent, independent agent, broker)
Understanding of group vs. individual insurance and value chain (e.g., UW, new business, claims)
Proven track record leading executives and influencing others towards a common goal or vision
Experience working in a multi-discipline, matrix structure that fosters collaboration/teamwork
Exceptional communication skills, written and verbal, and ability to clearly articulate messages
Ability to communicate with diverse technical and non-technical groups, spanning all levels
Highly organized, extremely goal oriented mindset, logical, thorough, and detail-oriented
Out of the box thinker who can take a step back and find alternative solutions
Strong ability to work independently and manage one's time
As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:
Health insurance
Dental insurance
Tuition reimbursement
A company-match 401(k) plan
Disability insurance
Life insurance
Employee referral bonuses
ABOUT COMBINED INSURANCE
Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.
ABOUT CHUBB
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
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