Product Owner Job at Fulcrum Digital Inc in Iselin

Job Description
Who are we?

Fulcrum Digital is a leading business platform and digital engineering services company. We partner with global companies from diverse industries: fintech, insurance, higher education, and e-commerce.

Founded in 1999, Fulcrum Digital has 1300+ employees, empowering 100+ global clients from its facilities in the US, LATAM, Europe and India. With expertise in digital transformation, machine learning and emerging technologies, we offer a consulting-led, integrated suite of enterprise-grade software products, services, and solutions.

The Role :

Onsite/hybrid (please add location for both cases)/Remote (add Country or region)

Salary range (Only for NY roles):

Full-time/Contract

We are seeking a seasoned Product Owner with deep expertise in the Property & Casualty (P&C) insurance and reinsurance domain to join our dynamic team. The ideal candidate will be responsible for defining and managing the product vision, roadmap, and execution of our insurance solutions. This role requires close collaboration with cross-functional teams, including engineering, design, and business stakeholders, to ensure our products meet market needs and business goals.

What you'll do?

Product Strategy & Vision:

• Define and articulate the product vision and strategy for P&C insurance solutions, aligned with company goals.
• Stay updated on industry trends, regulatory changes, and competitive landscape to inform product development.

Product Roadmap & Backlog Management:

• Develop and maintain a detailed product roadmap, prioritizing features and enhancements based on business value and customer needs.
• Manage and groom the product backlog, ensuring that user stories are well-defined and prioritized.
• Work with stakeholders to understand and translate business needs into actionable requirements.

Cross-Functional Collaboration:

• Collaborate with engineering, design, and QA teams to ensure timely delivery of high-quality products.
• Communicate product updates, progress, and plans to stakeholders, ensuring alignment across the organization.
• Act as the primary point of contact between the business and technical teams.

Customer & Market Insights:

• Gather and analyze customer feedback, usage data, and market research to guide product decisions.
• Conduct regular user testing and interviews to validate product ideas and ensure customer satisfaction.

Regulatory Compliance

• Ensure that all products comply with relevant regulations and standards within the P&C insurance industry.
• Work with legal and compliance teams to address any regulatory requirements and mitigate risks.

Product Launch & Performance:

• Oversee product launches, coordinating with marketing, sales, and customer support teams.
• Monitor product performance and user engagement, using data to drive continuous improvement.
• Define and track key performance indicators (KPIs) to measure product success.

Requirements

• Strong analytical and problem-solving skills with the ability to make data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to work effectively across teams.
• In-depth knowledge of P&C insurance products, underwriting, claims processing, and regulatory requirements.
• Familiarity with product management tools (e.g., JIRA, Confluence) and methodologies.
• Knowledge of P&C Insurance product like Guidewire , Duck Creek will be added advantage.
• Minimum of 5 years of experience as a Product Owner or similar role in the P&C insurance domain.
• Proven track record of successfully launching and managing insurance products, with a deep understanding of P&C insurance processes and systems.
• Experience working in an Agile/Scrum environment