Product Owner - Rating

AXA Insurance Plc; Ipswich; Hybrid; GBP 60,000 - GBP 80,000; Full time

Job summary

A leading insurance company in the UK is seeking a dynamic Product Owner to lead the development of their innovative pricing solutions. In this critical role, you'll define the product vision and roadmap, collaborate with diverse teams, and ensure high-quality releases. The ideal candidate has extensive experience in product management within digital insurance, a strong background in APIs and data governance, and a proven track record in Agile environments. This role offers competitive compensation and a hybrid work model.

Benefits

Competitive annual salary

Annual performance-based bonus

Contributory pension scheme

Life Assurance

Private medical cover

28 days annual leave

Wellbeing services

Qualifications

• Extensive experience in Product Ownership within digital insurance or financial services.
• Strong background in data ingestion, integration, APIs, and data governance.
• Proven record of delivering end-to-end digital products in Agile environments.

Responsibilities

• Define and communicate the product vision and strategy.
• Ensure the product delivers maximum value and a seamless user experience.
• Lead system improvements and support activities.
• Collaborate with internal teams and stakeholders for timely, quality delivery.

Skills

Product Ownership/Management

Data ingestion and integration

Agile methodologies (Scrum/SAFe)

Cloud platforms (Azure, AWS, GCP)

Stakeholder management

Rating and pricing knowledge

Data quality and compliance

API design and security standards

Job description

We’re looking for a dynamic Product Owner to lead the development and transition of our Distinctive AXA Rating Ecosystem (DARE). This critical role supports our Pricing Transformation, empowering our pricing teams to compete effectively in the market. You’ll be at the forefront of delivering innovative rating model hosting and deployment solutions, collaborating across technical and business teams to drive value and excellence.

AXA works smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.

What You’ll Be Doing

• Define and communicate the product vision, strategy, and roadmap aligned with business goals.
• Ensure the product delivers maximum value and a seamless user experience.
• Lead system improvements, consolidations, and support activities to enhance capabilities.
• Collaborate with internal teams, vendors, and stakeholders to ensure timely, quality delivery.
• Manage and prioritise the product backlog based on evolving business needs.
• Establish clear acceptance criteria and approve deliverables to meet requirements.
• Guarantee high-quality releases that deliver reliable features and functionalities.
• Drive continuous improvement, data quality, and compliance across the product lifecycle.

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

What You’ll Bring

• Extensive experience in Product Ownership/Management within digital, tech-enabled insurance or financial services.
• Strong background in data ingestion, integration, APIs, and data governance.
• Proven record of delivering end-to-end digital products in Agile (Scrum/SAFe) environments.
• Hands-on experience with cloud platforms (Azure, AWS, GCP), SQL/NoSQL, and data lakes/warehouses.
• Effective stakeholder management, balancing business, technical, and partner needs.
• Deep understanding of rating, pricing, and rule-based logic within insurance or financial domains.
• Expertise in data quality, privacy, compliance, and vendor contract management.
• Familiarity with API design, security standards (GDPR/CCPA), and analytics tools.

What we offer

• Competitive annual salary
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to [e-mail].

Who we are

AXA UK Support Functions power AXA’s three customer-facing business units, providing the infrastructure, support and expertise to ensure our customers can always count on us. Whether you’ve got heaps of experience and qualifications behind you, or you’re just starting out, we’ll give you the support and opportunities to help you grow and develop with confidence.