Product Owner - Finance

Factory Mutual Insurance Company   •  

Johnston, RI

Industry: Finance & Insurance


5 - 7 years

Posted 48 days ago

Overview - External:

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Responsibilities - External:

The Product Owner is a central role in the agile technology delivery team. This individual is responsible for defining the journey's vision, conducting research on user and business needs, as well as prioritization, development and delivery of valuable business technology products for key finance activities. The Product Owner is responsible for understanding finance's objectives and working with a team of developers to iterate on existing products or develop new features in support of these objectives. The Product Owner has a significant role in product direction and is the only member of the agile team empowered to prioritize the work backlog taking into account business value, finance priorities, user impact, and regulatory compliance.

This journey includes providing technology solutions for the key business activities of:

  • Insurance accounting for gross and ceded premium, claims, and reinsurance recoveries
  • Risk management to aid in the effectiveness of safety, health, and welfare for FM Global's greatest assets, our employees.

Qualifications - External:


Bachelor's Degree or equivalent in related business or technology field


5-10 years of related work experience in the accounting or finance business domain, with agile product development a plus

Skills and Knowledge:

  • Proven ability to influence diverse groups of stakeholders, including senior stakeholder
  • Inclusive servant-leadership style
  • Proven ability to make hard decisions in a fast-paced environment
  • Ability to translate business needs into small developments, and prioritize them according to business value
  • Strong problem-solving skills
  • Able to operate at both strategic vision and tactical execution level
  • Capable of creating and building a high-performance culture and environment
  • Finance domain knowledge with understanding of user needs and pain points
  • Strong communication skills with the ability to communicate complex messages in a compelling manner
  • Comfortable with technology and able to engage in discussions with technology teams to understand risks
  • Experience in Agile development, or strong interest in Agile development and a fast learner; should be confident in managing the backlog; Product Owner (or similar) experience a plus
  • Passion for challenging the status quo and developing out-of-the-box ideas; seek to go outside of comfort zone
  • Change management experience