Liberty Mutual
Senior Product Owner, Investments (Private Credit) - Liberty Mutual Investments
Liberty Mutual, Boston, Massachusetts, us, 02298
Pay PhilosophyThe typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
DescriptionThe Company:
Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group's (LMIG) global financial assets across global and private domains to build capital and generate income. With over $100 billion in AUM and staffed with 300-plus investment, finance and operations professionals located in Boston, MA, we offer the best of both worlds - the look and feel of a boutique investment firm and the reputation and financial strength of a global leader.
LMI has been on a transformation path to spur innovation, capitalize on deep expertise and scale its returns on long-term flexible capital through a "one firm, one portfolio, one team" mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Strategy & Asset Allocation, Risk Management, Global Fixed Income, Global Private Investments and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission. #LMI
Note:
This role has a hybrid (Boston or NYC) work arrangement (2 days/week)
Job Summary:
Reports to the Portfolio Product Owner (PPO) of Alternatives & Private Credit within the Global Investment Solutions (GIS) function of Liberty Mutual Investments (LMI) and is responsible for Private Credit product development.
The Senior Product Owner translates business milestones, requirements into a product roadmap and owns the outcomes and value creation for both the business and technical workstreams.
Partner with dedicated Scrum team(s) ensuring successful backlog creation and implementation of capabilities and feature sets critical
for the investment lifecycle.
Responsibilities:Develop influential relationships with key stakeholders (investors and line management) across Global Fixed Income (GFI) and Global Private Investments (GPI). Be the consultative partner, a trusted advisor, advocate and primary point of contact for all things Private Credit.Exude mindset and demonstrated behavior of "extreme ownership" for the Private Credit ecosystem across stakeholders and product.Navigate ambiguity, manage conflicting priorities, and facilitate challenging conversations.Contribute to the creation of product vision, design, UX experience and alignment with strategic priorities with stakeholders. Communicate the product and portfolio vision to the core team and keep impacted teams contemporaneously informed, factoring in dependencies, etc.Own and maintain the product backlog. Accountable for its contents, prioritization, acceptance criteria, and clear, actionable stories.Participate in team demos, presentations, daily stand-ups, sprint planning, retrospectives, etc., and all other Agile framework ceremonies.Set priorities and actively participates in team planning. Set expectations with stakeholders for delivery of new capabilities, features, and functionalities.Participate in validation, testing and final approval of features prior to end user acceptance (UAT).Monitor and maintain the product health, supporting long-term product viability and efficiency, and balancing long- and short-term and costs with desired outcomes.Analyze feasibility, risk, trade-offs, cost of delay ramifications, economies, or other aspects of planned or potential changes to the product suite.Own and manage relationships with current stable of implementation partners, third party vendor platforms.Lead due diligence and evaluation of potential implementation partners, third party vendors, in alignment with the Private Credit vision and product strategy.Preferred Skills & Experience:
Experience in Private Credit with a focus on Direct Lending and Fund structure strategiesExperience with vendor platforms (e.g., Aladdin, DealCloud, eFront, WSO, etc.)Exemplary communication and negotiation skills to effectively facilitate meetings with multiple teams, business partners at all levels across the organizationProven track record of delivering innovative technology solutions to business partnersSkill at translating business needs into technology features / stories.Hands-on experience working with JiraCertified Scrum Product Owner (CSPO)Qualifications
Advanced knowledge of Agile development methodologies as typically acquired through a Bachelors? degree in relevant field (business, computer science, humanities etc), 7 years in business, technology, or consulting with 5 to 7 years direct experience with agile teamsMaster's degree preferredHigh level of proven business expertise needed to set clear priorities for product and understand business value impactsDevelops strong stakeholder relationships and influencing across multiple organizational boundariesDemonstrated experience leading varied audiences through the development of complex ideas, issues and designsAbility to lead varied audiences through census buildingProven experience with Agile practices and expectationsComfortable with making decisions with some level of uncertaintyStrong communication skills, both written and verbalKnowledge of insurance industry preferredKnowledge of relevant products and portfolio strongly preferredStrong experimental mindset to drive innovation amongst uncertainty and exploit market opportunitiesAbout Us**This position may have in-office requirements depending on candidate location.**
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance NoticesCaliforniaSan FranciscoLos AngelesPhiladelphia
DescriptionThe Company:
Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group's (LMIG) global financial assets across global and private domains to build capital and generate income. With over $100 billion in AUM and staffed with 300-plus investment, finance and operations professionals located in Boston, MA, we offer the best of both worlds - the look and feel of a boutique investment firm and the reputation and financial strength of a global leader.
LMI has been on a transformation path to spur innovation, capitalize on deep expertise and scale its returns on long-term flexible capital through a "one firm, one portfolio, one team" mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Strategy & Asset Allocation, Risk Management, Global Fixed Income, Global Private Investments and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission. #LMI
Note:
This role has a hybrid (Boston or NYC) work arrangement (2 days/week)
Job Summary:
Reports to the Portfolio Product Owner (PPO) of Alternatives & Private Credit within the Global Investment Solutions (GIS) function of Liberty Mutual Investments (LMI) and is responsible for Private Credit product development.
The Senior Product Owner translates business milestones, requirements into a product roadmap and owns the outcomes and value creation for both the business and technical workstreams.
Partner with dedicated Scrum team(s) ensuring successful backlog creation and implementation of capabilities and feature sets critical
for the investment lifecycle.
Responsibilities:Develop influential relationships with key stakeholders (investors and line management) across Global Fixed Income (GFI) and Global Private Investments (GPI). Be the consultative partner, a trusted advisor, advocate and primary point of contact for all things Private Credit.Exude mindset and demonstrated behavior of "extreme ownership" for the Private Credit ecosystem across stakeholders and product.Navigate ambiguity, manage conflicting priorities, and facilitate challenging conversations.Contribute to the creation of product vision, design, UX experience and alignment with strategic priorities with stakeholders. Communicate the product and portfolio vision to the core team and keep impacted teams contemporaneously informed, factoring in dependencies, etc.Own and maintain the product backlog. Accountable for its contents, prioritization, acceptance criteria, and clear, actionable stories.Participate in team demos, presentations, daily stand-ups, sprint planning, retrospectives, etc., and all other Agile framework ceremonies.Set priorities and actively participates in team planning. Set expectations with stakeholders for delivery of new capabilities, features, and functionalities.Participate in validation, testing and final approval of features prior to end user acceptance (UAT).Monitor and maintain the product health, supporting long-term product viability and efficiency, and balancing long- and short-term and costs with desired outcomes.Analyze feasibility, risk, trade-offs, cost of delay ramifications, economies, or other aspects of planned or potential changes to the product suite.Own and manage relationships with current stable of implementation partners, third party vendor platforms.Lead due diligence and evaluation of potential implementation partners, third party vendors, in alignment with the Private Credit vision and product strategy.Preferred Skills & Experience:
Experience in Private Credit with a focus on Direct Lending and Fund structure strategiesExperience with vendor platforms (e.g., Aladdin, DealCloud, eFront, WSO, etc.)Exemplary communication and negotiation skills to effectively facilitate meetings with multiple teams, business partners at all levels across the organizationProven track record of delivering innovative technology solutions to business partnersSkill at translating business needs into technology features / stories.Hands-on experience working with JiraCertified Scrum Product Owner (CSPO)Qualifications
Advanced knowledge of Agile development methodologies as typically acquired through a Bachelors? degree in relevant field (business, computer science, humanities etc), 7 years in business, technology, or consulting with 5 to 7 years direct experience with agile teamsMaster's degree preferredHigh level of proven business expertise needed to set clear priorities for product and understand business value impactsDevelops strong stakeholder relationships and influencing across multiple organizational boundariesDemonstrated experience leading varied audiences through the development of complex ideas, issues and designsAbility to lead varied audiences through census buildingProven experience with Agile practices and expectationsComfortable with making decisions with some level of uncertaintyStrong communication skills, both written and verbalKnowledge of insurance industry preferredKnowledge of relevant products and portfolio strongly preferredStrong experimental mindset to drive innovation amongst uncertainty and exploit market opportunitiesAbout Us**This position may have in-office requirements depending on candidate location.**
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance NoticesCaliforniaSan FranciscoLos AngelesPhiladelphia