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Job Type:
Permanent
Build a brilliant future with Hiscox
Position: Product Owner
Location: Colchester or York
The Team:
The Hiscox UK Change Team is the bridge between the business and the technology teams, ensuring that technology change is prioritised, defined, broken down and delivered in a way that enables the business to achieve its strategic goals, whilst also enabling the technology strategy. This means understanding the end-to-end context of the change and having a laser-focus on value so that we can ensure both that we’re doing the right things and doing the things right. As such, we are looking for exemplary collaborators; people who thrive on building relationships, who aren’t afraid to challenge how things are done, and are capable of driving consensus and guiding people through every stage of the change journey, from idea to reality.
The role:
The Product Owner is a key role that sits within the Hiscox UK Retail Change team and is focused on delivering value across a designated value stream by aligning products and solutions to customer and stakeholder needs. As the key interface between the business, technology, and customer experience, you will be responsible for translating strategic objectives into actionable product initiatives that deliver functional business outcomes. In this role you’ll work with the value stream sponsor to craft the value stream’s strategic roadmap, based on business strategy changes and then manage and prioritise the backlog to best deliver functional changes in line with the strategy and roadmap.
You’ll be someone who enjoys making things happen and consider stakeholder management one of your strengths, with the ability to effectively engage with both business and technical stakeholders. You like to be an empowered decision maker, able to prioritise, and can quickly establish where time needs to be invested to drive business value, providing cost effective solutions to the business in line with the overarching strategy.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
The Product Owner is empowered to make decisions around priority, scope and requirements driving stakeholder engagement, ensuring they are clear on customer needs ensuring a continuous flow of value from the team.
What you’ll be doing:
Product Vision & Strategy:
- Develop and maintain a clear product vision aligned with the strategic goals of the value stream.
- Translate customer and stakeholder needs into a compelling product roadmap that delivers measurable outcomes.
Stakeholder Collaboration:
- Engage with business stakeholders, customers, and technical teams to understand requirements and priorities.
- Act as the primary point of contact for the product within the value stream, facilitating clear communication between all parties.
Backlog Management:
- Create, refine, and prioritise the product backlog to ensure alignment with value stream objectives.
- Define clear, actionable user stories and acceptance criteria to guide the development team.
Value Delivery:
- Work closely with development teams to ensure timely delivery of high-quality solutions.
- Monitor and measure product performance, making data-driven decisions to optimise value.
Customer-Centric Innovation:
- Incorporate customer feedback into product improvements and innovation.
- Advocate for the end-user experience in every decision, ensuring our products meet customer needs and expectations.
Cross-Functional Collaboration:
- Collaborate with other value streams and change initiatives to identify synergies and dependencies.
- Promote a culture of continuous improvement and agile practices within the team and across Hiscox UK.


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Our must haves:
- Proven experience as a Product Owner, Product Manager, or similar role, ideally within insurance, financial services, or a comparable industry.
- Strong understanding of value stream models and their application in a business context.
- Expertise in agile methodologies (Scrum, Kanban) and familiarity with scaled agile frameworks (e.g., SAFe).
- Exceptional communication and stakeholder management skills, with the ability to influence at all levels.
- Strong analytical and problem-solving abilities, with a focus on delivering customer and business value.
- A willingness and ability to help coach and develop others.
Our nice to haves:
- Financial services or insurance industry experience
- Experience of working with digital channels / automation and/or Insurance policy administration software
Key Competencies:
- Customer-Centricity: A strong focus on understanding and addressing customer needs.
- Strategic Thinking: Ability to align product goals with the company’s broader objectives.
- Collaboration: Proven ability to work effectively with cross-functional teams.
- Adaptability: Comfort in a fast-paced, dynamic environment with changing priorities.
- Leadership: Inspire and guide teams to deliver exceptional results.
Diversity and flexible working at Hiscox
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also know that working life doesn’t always have to in the office, and as long as it’s safe to do so, we will be operating a hybrid way of working to encourage a healthy work life balance, with 2 to 3 days in the office per week.
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