Product Manager - AI and Data Science | London, UK

Job Type

Permanent

Build a brilliant future with Hiscox

Location: London (Hybrid working available)

Reporting to: Head of Data Science

Project: Various AI Initiatives

Role Overview

We are seeking a product owner to join our newly formed innovation lab, specifically focusing on transformational change powered by data and AI. These transformative projects aim to create a frictionless, data-first customer experience insurance using AI/ML technologies.

As the product owner on the lab you will aid discovery of new opportunities and ensure we are balancing the need for short term delivery against long term solutions whilst enabling a R&D mindset. The innovation teams will work as cross-functional teams to rapidly prototype and implement solutions with measurable commercial impact, targeting high value MVPs followed by phased implementation.

Your responsibility will span over multiple products.

Work with the go to market teams to ensure that we rapidly release value while also having a suitable support model.

Key Responsibilities

• Enable Data and AI Implementations: Enable the experimental teams to rapidly prototype, discover new approaches.
• Drive Data-First Approach: Design and implement solutions that minimise customer data entry while maximising data quality through external source integration and validation
• Fast release of value: Be constantly considering ways of releasing value from the experimental work ensuring that it is suitably supported by the go to market teams.
• Collaborate Cross-Functionally: Work closely with underwriting SMEs, UX designers, and technical teams to ensure solutions meet business requirements and regulatory standards

Required Experience & Skills

• Regulatory Awareness: Familiarity with regulatory considerations for AI/ML in insurance, including fairness, explainability, and compliance requirements
• Rapid Delivery Focus: Demonstrated ability to deliver high-quality solutions in fast-paced environments with tight deadlines
• Commercial Acumen: Understanding of business metrics and ability to translate technical solutions into commercial value

Desirable Skills & Experience

• Insurance Industry Experience: Experience working with insurance data, particularly in underwriting, pricing, or risk assessment for commercial lines
• AI/ML experience: Proven experience delivering products with a strong AI or data science emphasis.

Why This Role?

This is a unique opportunity to

• Work on a high-profile, transformative initiative with direct C-suite visibility
• Apply cutting-edge AI technology to solve real business problems
• Deliver measurable commercial impact within a short timeframe
• Shape the future of underwriting in a leading global insurer

Work with amazing people and be part of a unique culture

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Salary: GBP 48000 - 72000 per year

Experience: 5 years required