Product Owner

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Product Manager/Owner (Catastrophe Modelling)

Hyderabad, Telangana, India

Full-time

Verisk Business: Extreme Event Solutions

Company Description

ISO, a Verisk business, has been a leading source of information about property/casualty insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace.

At the heart of what they do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to their customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.

Their global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. They provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, they monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.

But why they do their work is what sets them apart. It stems from a commitment to making the world better, safer and stronger.

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why they made a commitment to balancing 100 percent of their carbon emissions. It’s the aim of their “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives their annual Innovation Day, where they identify their next first-to-market innovations to solve their customers’ problems.

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why they do what they do.

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. They have received the Great Place to Work Certification for the fourth consecutive year. They've been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to their culture of engagement and the value they place on an inclusive and diverse workforce.

Job Description

About the Role

Your position as a Product Manager in the Product Management team will be responsible for contributing to the success of EES’ catastrophe modeling platform and products by participating in product planning, requirement development and implementation activities as they transition to a cloud-based SaaS platform. You will serve as product owner for one or more scrum teams involved in product development. You will interact with model developers, client support teams and EES clients and serve as a subject matter expert to help guide product development.

About the Day to Day Responsibilities of the Role

Independent product owner for one or more scrum teams, including:

Maintaining the team backlog and ticket prioritization and maintenance.

Working with Product Manager/SME on use case development and user story creation;

Driving new features to definitions of ready (DOR) and ensuring team deliverables meet the minimum definition of done (DOD);

Remove obstacles to enable the scrum team to maintain a high team velocity.

Assist SMEs with managing features internally and externally, including working directly with internal/external stakeholders and external customers to understand client workflows, product needs and competitive landscape.

Bring your expertise in CAT modelling and Product Management to help identify product gaps as well as opportunities to improve product position in the market. Perform market research and discover problems in the market (in select functional area) by interviewing customers, recent evaluators and untapped potential customers. Validate problems to show their pervasiveness in the market.

Collaborate with software developers, sales, consulting, researchers and subject matter experts – while developing expertise in understanding the use of catastrophe models and risk analyses.

Assist Consulting team in investigating and resolving issues reported in AIR product

Qualifications

8+ years software product consulting, product owner, project management, or business analysis experience with a proven track record of successfully releasing software products. Prefer experience in the CAT modeling space.

Demonstrated business analysis experience for software development including requirements management, use case development; experience with project management and Agile software development methodologies.

Experience working with catastrophe modeling software applications a plus.

Good understanding of insurance and/or reinsurance industry, including related exposure data, financial terms and catastrophe modeling workflows a plus.

Experience leading multi-disciplinary teams to deliver complex projects, including Agile product owner experience. Demonstrated ability to meet challenging schedule, scope and quality objectives.

Strong analytical skills, quantitative and problem-solving ability;

Experience developing SaaS products;

Self-motivated and quick learner, with good organization and time management skills; can work independently

Good presentation and written communication skills

BS degree in technical (e.g., engineering, science, math, computer science, statistics or closely related program of study) or business fields. Advanced degree preferred.