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Product Manager, Claims

About Marshmallow

We started Marshmallow when we found out how unfair insurance prices are for people who move to the UK. All because the industry hasn’t given this huge cohort of people a second’s thought, and isn’t set up to price them properly. 

We saw an opportunity to do things differently, so we made it our mission to back the ones who step outside the norm. Since we started, we’ve helped 100,000s of people get a fairer deal on their car insurance. Using technology, we serve people that are often overlooked by financial services companies, solving important problems for people who need it most. 

We know there are millions of marginalised customers out there. And we know that they face unique problems that most companies aren’t even aware of. We believe that our future is helping these people by learning about their experiences, and building our company around their needs. And there are strong signs that there’s a need for a company like us. Earlier this year we hit profitability, which is a huge milestone, but the most exciting thing is that we’re only just getting started.

How we work

We’re really proud of the culture we’ve created. We push for progress every day, because we know that we’ll only hit big milestones by taking lots of smaller steps. We’re always open to helping our team mates, sharing our ideas, experience and knowledge to solve problems together. We take risks, think creatively and experiment relentlessly to meet our customer’s needs, and never pass blame when things go wrong. We encourage people at all levels to take ownership of their work, and to be bold in challenging how we do things. Everyone has a voice and the opportunity to make an impact. 

And autonomy and ownership are only possible with clear direction. That’s why we collaborate to do in-depth planning twice a year, and make sure we leave with clear goals and objectives that flow from top to bottom. To make sure we’re as aligned as possible across functions, most of our work rolls up into four tribes; Acquisition, Retention, Claims and Pricing, Underwriting & Fraud. Each tribe has multiple teams embedded in it, working cross-functionally to do great work.

We’re so excited for all of the challenges up ahead, and we need more people to help us tackle them! If life at Marshmallow sounds like it could be for you, explore our culture handbook or read our blog to find out more.

The Claims Tribe

The Claims Tribe has big ambitions to build a market leading claims experience that benefits everyone; dealing with claims efficiency means we get customers back on the road quickly, and we can pass savings back to all of our customers at new business and renewal.

We are looking for a Product Manager who will identify opportunities and prioritise highly impactful features, working closely with the Claims Tribe’s expanding technology team (encompassing design, product, engineers and data science). 

The successful candidate will need to immerse themselves in the motor claims space, using their product skills to determine what’s truly going to move the needle; claims is a highly complex space, with tech that enables an operations team of over 100, involves numerous partner integrations, and handles 15k+ claims per year and  £100m+ of spend.

What you’ll be doing

  • Define objectives and metrics for your team and measure how these improve over time

  • Use qualitative & quantitative data to make product decisions and work alongside research & design to inform decision making

  • Prioritise work to make sure your team is working on the most impactful projects, mitigating any risks to delivery and resolving prioritisation conflicts

  • Working closely with your team to build best practice processes, ensuring feature requirements and documentation result in clarity of everyone involved

  • Proactively building and leveraging strong stakeholder relationships, managing expectations of impact/delivery, stakeholder dependencies, comms and expectations early enough to maintain trust and consistency  

  • Build a world class customer experience with the clear reward being improved economics for the business

Who you are

  • Curious - You don't stop asking questions until you truly understand a topic. Doing your own research does not scare you and you are resourceful to scale rapidly on different topics.

  • Customer obsessed - You are passionate about designing and building delightful user experiences that get the job done. You are experienced in identifying behavioural insight from qualitative research. You have the ability to balance business and customer needs

  • Problem solver - You have strong business, analytical, and troubleshooting skills. You creatively solve problems by identifying real obstacles and viable solutions.

  • A true collaborator - While we know you will have excellent ideas to put forwards, we value a collaborative approach to reach our goals and as such you should be willing and driven to get your team's input, tailoring your communication to technical and / or non-technical audiences

  • Product leader - You have the ability to think about the long term vision & strategy while also being detailed when necessary to support the team with execution

  • Outcome oriented - You ruthlessly prioritise against objectives, articulate the desired outcome and work collaboratively to create a path to achieve it

  • Entrepreneurial - You are self-motivated and proactive. You have a high tolerance for ambiguity, ability to perform under pressure to meet deadlines and willingness to take risks

Perks of the job

  • Flexible working - Spend 3 days a week with your team in our new collaborative London office, and own your own working hours. The rest is up to you  *If this arrangement doesn’t work, don’t let it hold you back. We’re always open to making reasonable adjustments if this is a barrier to you in any way. Let us know and we’ll talk about our options

  • Competitive bonus scheme - designed to reward and recognise high performance 🌟

  • Flexible benefits budget - £50 per month to spend on a Ben Mastercard meaning you get your own benefits budget to spend on things you want. Whether that’s subscriptions, night classes (puppy yoga, anyone?), the big shop or a forest of houseplants. Pretty much anything goes 💰

  • Mental wellbeing support – Access therapy and mental health sessions through Oliva 💚

  • Learning and development – Personal budgets for books and training courses to help you grow in your role. Plus 2 days a year - on us! - to further your skillset 🤓

  • Private health care - Enjoy all the benefits Vitality has to offer, including reduced gym memberships and discounts on smartwatches 🏥

  • Medical cash plan - To help you with the costs of dental, optical and physio (plus more!)

  • Tech scheme - Get the latest tech for less 🖥

Plus all the rest; 33 days holiday (including bank holidays), pension, cycle to work scheme, monthly team socials and company-wide socials every month!

Our process

We break it up into 3 stages:

  • Initial call with Orla our Talent Acquisition Lead. (30 mins)

  • An experience/metrics and behaviour interview where you will go into more detail about your recent work in more detail. (1 hour, remote)

  • A skill-based interview where you will be given a ‘product challenge’ in the interview and work with the interviewers to define a solution. (2 hours, on site)

  • A culture interview to check that your work style fits our processes and values. (1 hour)

    We’ll let you know if you’re invited to an interview or not. But, as a small team with a lot of applications to consider, we can’t give personal feedback on each application.

Everyone belongs at Marshmallow

At Marshmallow, we want to hire people from all walks of life with the passion and skills needed to help us achieve our company mission. To do that, we're committed to hiring without judgement, prejudice or bias.

We encourage everyone to apply for our open roles. Gender identity, race, ethnicity, sexual orientation, age or background does not affect how we process job applications.

We're working hard to build an inclusive culture that empowers our people to do their best work, have fun and feel that they belong.

Recruitment privacy policy

We take privacy seriously here at Marshmallow. Our Recruitment privacy notice explains how we process and handle your personal data. To find out more please view it here.

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What You Should Know About Product Manager, Claims, Marshmallow

At Marshmallow, we’re on a mission to redefine car insurance, and as a Product Manager in our Claims Tribe, you’ll play a key role in this journey. Based in London, you'll partner closely with a dynamic team of designers, engineers, and data scientists to create innovative solutions that streamline the motor claims experience. We’re looking for someone with a strong understanding of the claims process, who can dig deep into qualitative and quantitative data to prioritize impactful features. You’ll define clear objectives, build solid stakeholder relationships, and foster a customer-centric approach that not only enhances the user experience but also drives economic benefits for the business. By taking ownership of your projects and working closely with your team, you’ll contribute towards delivering a market-leading claims experience that is efficient and effective for our customers. Here at Marshmallow, you have the autonomy to think creatively and take risks, all while being a part of a supportive and collaborative team environment that values each individual’s voice and input. If you thrive in a fast-paced setting where you can make a genuine difference, then this role is a fantastic opportunity to leave your mark in a company that is just getting started on its exciting path to growth!

Frequently Asked Questions (FAQs) for Product Manager, Claims Role at Marshmallow
What are the primary responsibilities of the Product Manager, Claims at Marshmallow?

The Product Manager, Claims at Marshmallow is responsible for defining objectives, prioritizing impactful features, and collaborating with the technology team to deliver a leading claims experience. This role involves utilizing qualitative and quantitative data to guide product decisions while building robust stakeholder relationships and ensuring clear communication across teams.

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What qualifications are needed for the Product Manager, Claims position at Marshmallow?

To be a successful Product Manager in Claims at Marshmallow, candidates should have strong analytical and problem-solving skills. Experience in product management, especially in the insurance or claims arena, is highly beneficial. A curious mindset and a customer-obsessed approach are essential for understanding user needs and delivering meaningful solutions.

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How does the Product Manager, Claims role support Marshmallow's mission?

The Product Manager, Claims role is pivotal in helping Marshmallow achieve its mission of serving marginalised customers effectively. By innovating the claims process, the Product Manager ensures that customers can navigate their claims swiftly and seamlessly, ultimately improving customer satisfaction and helping the company maintain competitive pricing.

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What does a typical day look like for a Product Manager, Claims at Marshmallow?

A typical day for a Product Manager, Claims at Marshmallow includes collaborating with cross-functional teams, analyzing data to inform product decisions, prioritizing projects based on impact, and engaging with stakeholders to align on goals and expectations. The role is dynamic, requiring a balance of strategic thinking and hands-on project management.

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What opportunities for professional development are offered to the Product Manager, Claims at Marshmallow?

At Marshmallow, we foster growth by offering personal budgets for books and training courses. Additionally, employees have access to two dedicated development days per year to enhance their skillset. Continuous learning is a core part of our culture!

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Common Interview Questions for Product Manager, Claims
How would you prioritize features for a new claims management system?

To prioritize features for a new claims management system, I would first gather stakeholder feedback to understand their pain points. Then, I'd analyze customer data to identify areas of high impact and map features against business objectives. Ultimately, a scoring system based on customer value, business impact, and implementation effort will guide prioritization.

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Describe a successful product you managed and what made it successful?

In my previous role, I managed a product that streamlined the claims submission process. Success came from conducting user research to identify pain points, followed by implementing iterative feedback loops to enhance the user interface. The result was a 25% reduction in claim submission time, which significantly boosted customer satisfaction.

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How do you gather and analyze user feedback for your product?

I employ various methods to gather user feedback including surveys, one-on-one interviews, usability testing, and monitoring customer support queries. Analyzing this feedback means looking for common themes, and using analytics tools to track user interactions, allowing me to make informed improvements to the product.

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Can you give an example of a time you faced a challenge in product development?

One challenge I faced was a misalignment between stakeholder expectations and user needs. I facilitated a series of workshops to bridge this gap, focusing on user personas and journey mapping, which ultimately led to redesigned features that met both business goals and user expectations effectively.

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How do you ensure that your team remains aligned on project goals?

I prioritize regular check-ins and status updates, establishing a shared understanding of our objectives. Additionally, I utilize project management tools to track progress and foster open communication, ensuring that any potential roadblocks are addressed promptly.

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What strategies do you use to motivate your team?

To motivate my team, I foster an inclusive environment where every contribution is valued. I also set clear and achievable goals, celebrate successes—both big and small—and encourage team members to take ownership of their projects, allowing them to develop their skills and confidence.

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How would you handle conflicting priorities between different stakeholders?

In handling conflicting priorities, I would facilitate discussions to understand the reasoning behind each priority. Using a criteria framework for prioritization based on customer impact and business goals helps in making clear decisions and communicating them to stakeholders empathetically.

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Discuss a time when you used data to inform a product decision?

I once analyzed user interaction data that showed a significant drop-off at a specific step in the claims process. By closely examining the data and gathering qualitative feedback, we identified usability issues that led to redesigns which subsequently improved completion rates by over 30%.

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What role does customer obsession play in product management?

Customer obsession is at the heart of product management; it drives us to deeply understand user needs and pain points, ensuring that our products truly solve their problems. By continually advocating for the customer, we can make informed decisions that balance both user desires and business objectives.

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Why do you want to work as a Product Manager in the Claims Tribe at Marshmallow?

I am passionate about improving the insurance experience for customers, especially those from marginalised communities, which aligns perfectly with Marshmallow's mission. The opportunity to bring innovative claims solutions to market while collaborating with talented teams excites me and motivates my application to join the Claims Tribe.

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DATE POSTED
December 14, 2024

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