Job Description
Product Owner - Specialty Insurance
Location: London (Hybrid) | Practice Area: Product & Experience | Type: Permanent
Drive the future of insurance through product innovation and strategic transformation
The Role
As a Specialty Insurance Product Owner at Capco, you will lead innovative product strategies and delivery within the dynamic world of insurance. You’ll collaborate with global teams, clients, and stakeholders across the London Market to shape the digital future of brokers, MGAs, syndicates, and carriers. From underwriting and claims to data modelling and integration, you’ll ensure end-to-end product success in one of the most regulated and evolving sectors in financial services. You will also embrace AI-enabled ways of working, using approved AI tools where appropriate to enhance product delivery while applying sound judgement and responsible AI practices.
What You’ll Do
- Lead the full product lifecycle, from vision and strategy to backlog management and release planning.
- Translate complex London Market and Specialty Insurance processes into user stories and actionable delivery roadmaps.
- Define and track success metrics aligned to business goals such as data completeness, efficiency, and regulatory compliance.
- Collaborate with engineering and architecture teams to design scalable data models, APIs, and integration standards.
- Engage stakeholders across underwriting, operations, technology, and compliance to ensure alignment and successful delivery.
What We’re Looking For
- Proven experience as a Product Owner or Product Manager within Specialty Insurance, the London Market, or Reinsurance.
- Strong understanding of delegated authority frameworks, placement processes, and platforms such as PPL, Whitespace, and Lloyd’s digital services.
- Knowledge of regulatory and data standards, including Lloyd’s Blueprint Two, ACORD, and data governance practices.
- Experience delivering digital, data, or workflow platforms in an Agile environment.
- Strong analytical, communication, and facilitation skills with the ability to work effectively across diverse teams.
Bonus Points For
- Hands-on experience with Lloyd’s APIs, Whitespace, or market integration tools.
- Familiarity with MGA models and delegated authority operations.
- Knowledge of AI and data product strategies, including GenAI.
- Experience supporting multi-region or cross-border product deliveries.
- Awareness of compliance, risk, and governance requirements in FS product development.
Why Join Capco
- Deliver high-impact technology solutions for Tier 1 financial institutions
- Work in a collaborative, flat, and entrepreneurial consulting culture
- Access continuous learning, training, and industry certifications
- Be part of a team shaping the future of digital financial services
- Help shape the future of digital transformation across FS & Energy
We offer a competitive, people-first benefits package designed to support every aspect of your life:
- Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance, and critical illness cover.
- Mental Health Support: Access to CareFirst, Unmind, Aviva consultations, and trained in-house mental health first aiders.
- Family-Friendly Support: Maternity, adoption, and shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.
- Family Care: Eight complimentary backup care sessions for emergency childcare or elder care.
- Holiday Flexibility: Five weeks' annual leave with the option to buy or sell days.
- Continuous Learning: Minimum 40 hours of annual training and a dedicated business coach from day one.
- Healthcare Access: Convenient online GP services.
- Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.
Inclusion at Capco
We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know -we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity, and inclusion, and we bring a collaborative mindset to everything we do #LI-DNI
Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation in the financial services industry. With a growing client portfolio comprising of over 100 global organizations, Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to deliver end-to-end data-driven solutions and fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting-edge ingenuity is brought to life through its Innovation Labs and award-winning Be Yourself At Work culture and diverse talent.
Our approach is tailor-made to fit with each client’s problem with an emphasis on building long-term strategic partnerships that foster collaboration and trust. We have the people, the vision, and the passion.
Capco is committed to providing clients with practical solutions. We offer a globally integrated service with offices in leading financial centers across the Americas, Europe and Asia Pacific.
Workplace Initiatives
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Programme for parents returning to work after Parental Leave? |
Yes, the Return To Work Programme |
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Leadership development programmes? |
Yes |
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Mentoring programmes? |
Yes |
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Coaching programmes? |
Yes |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
Yes |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
26 weeks |
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Minimum weeks tenure required to be eligible for paid maternity leave: |
41 weeks |
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No. of weeks paid paternity leave at full salary: |
2 weeks |
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Minimum tenure required to be eligible for paid paternity leave: |
41 weeks |
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Gender pay gap reporting information - |
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Average pay gap: |
17.25% |
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Median pay gap: |
17.18% |
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Average bonus gap: |
11.83% |
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Median bonus gap: |
3.70% |
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Signatory of the UK Women in Finance Charter? |
Yes/No |
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Targets to raise the number of women in leadership? |
Yes - At least 30% of senior leaders will be women by 2025 |
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Targets to raise the number of BAME individuals in leadership? |
No - 7% of employees will be Black by 2025 + 30% of employees will be from a minority ethnic group by 2025 |
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Listed in the Bloomberg Diversity & Inclusion Index? |
Yes/No |
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Returner Programme |
|
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Returner Programme |
Yes. We have continued to run our Return to Work programme, with a focus on women who have been out of the workforce for at least two years. This has been successful in reaching women at junior manager level in particular and we have had two successful intakes this year. |