Product Owner

at  Lloyds Banking Group

End Date
Monday 30 September 2024
Salary Range
£73,262 - £86,190
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working
Job Description Summary
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Job Description
JOB TITLE: Product Owner - Protection Platform

SALARY: £73,262 - £94,809

LOCATION: Edinburgh
HOURS: Full-Time.
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our Edinburgh office.
About this opportunity:
At Lloyds Banking Group, we’re passionate about a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses, and communities. In Insurance Pensions & Investments (IP&I), we’re building a digital proposition that will enable everyone in the UK to secure their financial future.
An exciting opportunity exists for a new Product Owner to join us in the Protection Platform. Our aim is to push boundaries within the UK Protection market to protect more people and deliver outstanding outcomes for customers. As Product owner, you’ll have a focus on our core Life, Critical Illness and Income Protection product development.
We’re looking for someone who is passionate about Protection and the customer, someone who innovates & inspires others to collaborate, someone who demonstrates a growth learning mentality.

What you’ll be doing:

• Craft the Product Vision and own elements of the Product roadmap, ensuring compliance of overall Product.
• Support development of Platform or Lab objectives and key results and provide product performance and benefits realisation data.
• Collaborate with feature teams to define user stories for new features, that meet our customers’ needs and optimise existing capability to improve the customer journey.
• Collaborate across teams for large-scale changes and works towards successful and safe implementation. Taking accountability for product change governance, business readiness activities, and incident investigation/prioritisation.
• Be an authority in the Platform with line management responsibilities and a coach by mentoring others in the organisation.
• Support development and prioritisation of Lab epics, features and stories which support Product strategy. Inputting into business plans and technical roadmap as required.

Why Lloyds Banking Group:
Like the modern Britain we serve, we’re evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We’re growing with purpose. Join us on our journey and you will too!
What you’ll need:

We’re not looking for you to know all the answers. We need people that thrive with being given a problem and finding a solution. Those who are comfortable when they need to say no; who aren’t afraid to challenge the status quo.

• Experience in a Financial Services industry, preferably Life Insurance.
• Demonstrate a deep understanding of Protection market dynamics, technology, and customer needs. A passion for products and staying on top of new technologies will be very useful.
• Experience in applying agile methodologies to optimise innovation development and delivery. Significant experience with agile development methods & tooling e.g. Scrum, Kanban, Jira & Confluence, and experience of leading & working as part of an agile team.
• Experience working with cross-functional teams to deliver change, working with engineers, designers, and analysts. Able to create a product vision and define work to be done, prioritising based on customer needs and business goals
• Strong analytical abilities to assemble and interpret data related to product performance and benefits realisation. This includes tracking key metrics and using data-driven insights to drive product improvements.
• Experience of line managing others and crafting an inclusive team environment that motivates, attracts, and retains talent. Through your phenomenal communications skills, you have the ability to encourage teams with energy and passion. Dynamic and adaptable, you can influence without authority, trusting and empowering others with responsibility and comfortable challenging senior leaders.

About working for us:
Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
As a function we’re committed to the principles of Flexible Working and want to find the right person for the job. We’ll welcome applications from candidates interested in working the role as a job share or applying for the role on reduced hours.
We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 30 days’ holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies.

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you!
At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.
We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference

• Craft the Product Vision and own elements of the Product roadmap, ensuring compliance of overall Product.
• Support development of Platform or Lab objectives and key results and provide product performance and benefits realisation data.
• Collaborate with feature teams to define user stories for new features, that meet our customers’ needs and optimise existing capability to improve the customer journey.
• Collaborate across teams for large-scale changes and works towards successful and safe implementation. Taking accountability for product change governance, business readiness activities, and incident investigation/prioritisation.
• Be an authority in the Platform with line management responsibilities and a coach by mentoring others in the organisation.
• Support development and prioritisation of Lab epics, features and stories which support Product strategy. Inputting into business plans and technical roadmap as required