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Liberty Mutual Insurance · 5 days ago

Product Owner I - Underwriting Domain

Seattle, WA, US

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Liberty Mutual Insurance is an innovative company focused on growth and transformation within the Global Risk Solution (GRS) business. The Product Owner I will manage product backlogs, evaluate stakeholder feedback, and propose data-driven solutions to enhance underwriting processes and improve risk assessment. This role requires balancing short-term execution with long-term vision to drive impactful features and foster alignment between technology teams and business partners.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Contributes to the creation of product vision and alignment with strategic priorities with stakeholders

Communicates the product and portfolio vision to their squad/team and other squads/teams outside their portfolio/functional area

With the squad/team, contributes towards defining and achieving assigned product KPIs

Manages product(s) with a low-medium degree of strategy, scope, and complexity

Owns and maintains the product backlog and is accountable for its contents, prioritization, and acceptance criteria

Accountable for clear, actionable user stories

Sets priorities and actively participates in squad/team quarterly planning

Sets expectations with stakeholders for delivery of new capabilities, features, and functionalities

Participates in squad/team demos, retrospectives, and all other ceremonies

Works daily with the Agile working group clarifying business requirements, removing roadblocks, constantly communicating, and supporting alignment around product strategy

Contributes to aligning development and business goals and priorities while working with stakeholders and squad/team to remove roadblocks to execution

Monitors and maintains the product health, supporting long-term product viability and efficiency, and balancing long and short term and costs with desired outcomes

Analyzes feasibility, cost of delay ramifications, economies, or other aspects of planned or potential changes to the product

Understands regulatory, compliance, and other industry constraints on the product and prioritizes accordingly

Negotiates with immediate squads/teams to ensure priorities are aligned in a portfolio

Qualification

Agile development methodologiesProduct backlog managementStakeholder communicationInsurance industry experienceData-driven solutionsMarket analysisExperimental mindsetProblem solvingTeam leadership

Required

Independently manage product backlogs, applying sharp critical thinking to evaluate and synthesize stakeholder feedback with business metrics

Leverage curiosity to investigate underlying business problems and propose data-driven solutions that unlock measurable value such as accelerating underwriting processing, improving risk assessment, or reducing operational expenses

Balance short-term execution with long-term vision, making trade-offs to drive the highest-impact features

Foster alignment between technology teams and business partners, ensuring clarity around priorities and expected outcomes

Define and prioritize the highest value features and stories (ensuring alignment with customer needs and organizational goals), resolve blockers, and deliver features that result in tangible improvements to organizational efficiency, risk selection, profitability, growth and customer satisfaction

Collaborate with squads/teams, solution engineers and architects across portfolios to develop a deep understanding of the applications and systems they support