Lead Product Owner

S apiens is on the lookout for a Lead Product Owner to become a key player in our Bangalore team. If youre a seasoned Product Owner pro and ready to take your career to new heights with an established, globally successful company, this role could be the perfect fit.

Location: Bangalore, India

Working Model: Our flexible work arrangement combines both remote and in-office work, optimizing flexibility and productivity.

This position will be part of Sapiens’ Digital (R&D) division, for more information about it, click here:

https://sapiens.com/solutions/digitalsuite-customer-experience-and-engagement-software-for-insurers/

What You’ll Do

Designation: Lead Product Owner

Criteria’s

Job Requirements

General

As a Lead Product Owner – AI/ML & GenAI, you will be responsible for driving the strategy, development, and implementation of AI-powered products and solutions for the insurance industry. You will work at the intersection of data science, actuarial analytics, and product management to create innovative solutions that enhance underwriting, pricing, claims processing, and customer experience. Your deep understanding of insurance concepts, actuarial methodologies, and AI/ML techniques will enable you to lead cross-functional teams, prioritize features, and align product development with business goals

Pre - Requisites Knowledge & Experience

• Education: MBA in Business, Actuarial Science, or a related field; B.Tech/BSc in IT/Computer Science preferred.
• Experience: 8-12 years of relevant experience in product management, AI/ML, and insurance domain.
• Insurance Domain Expertise: Strong understanding of actuarial concepts and insurance products across P&C, L&P, or Reinsurance (RI).
• AI/ML Expertise: Hands-on experience in AI/ML, Generative AI, data analytics, and automation within the insurance sector.
• Technology Proficiency: Familiarity with SQL (Intermediate level), cloud platforms (AWS, Azure, or GCP), and AI/ML frameworks.
• Product Management Skills: Proficiency in Agile methodologies, roadmap development, backlog prioritization, and stakeholder management.
• Problem Solving: Ability to solve complex business problems using AI-driven solutions.

• Experience with insurance analytics solutions, actuarial modeling, and data science-driven decision-making.
• Strong familiarity with AI-powered underwriting, claims automation, fraud detection, and predictive analytics.
• Understanding of data structures, databases, and data engineering pipelines to support AI/ML models.
• Expertise in AI/ML regulatory and ethical considerations within the insurance sector.
• Knowledge of industry-leading platforms such as Sapiens, Guidewire, Duck Creek, or similar insurance core systems is an advantage.

• Define & Drive AI/ML Strategy: Shape and execute the product vision, aligning AI/ML initiatives with business goals.
• Own the AI/ML Product Roadmap: Prioritize backlog items, define product KPIs, and ensure timely delivery of AI-driven solutions.
• Collaborate Cross-Functional Teams: Manage teams across AI/ML engineering, product management, and business stakeholders.
• Stakeholder Engagement: Act as a bridge between technology, business, and regulatory teams to ensure AI-driven product compliance and adoption.
• Support Pre-Sales & Market Intelligence: Provide AI/ML product insights to sales teams, participate in client discussions, and contribute to go-to-market strategies.
• Product strategy: Build and execute end to end product strategy and vision
• Project Management: Handling project management tool for agile development and sprint planning

• Deep Insurance & Actuarial Knowledge: Ability to apply actuarial science in AI-driven product solutions.
• AI/ML Product Expertise: Understanding of machine learning models, Generative AI, NLP, and predictive analytics.
• Data Analytics & Visualization: Ability to interpret complex data using BI tools (Tableau, Power BI) and statistical models.
• Strategic & Leadership Abilities: Experience in managing AI product teams, guiding product strategy, and mentoring junior analysts.
• Problem-Solving & Analytical Thinking: Strong ability to identify, analyze, and solve business challenges using AI solutions.
• Excellent Communication & Stakeholder Management: Ability to convey technical concepts to non-technical stakeholders and drive AI adoption within insurance organizations.

• Agility & Adaptability: Ability to work in a fast-paced, evolving AI/ML landscape.
• Self-Motivation & Initiative: A proactive mindset to explore AI opportunities and drive innovation.
• Collaboration & Teamwork: Strong ability to work across teams, fostering an inclusive and innovative work environment.
• Ethical AI Awareness: Understanding of AI governance, bias mitigation, and regulatory compliance in the insurance sector.

Sapiens is a global leader in the insurance industry, delivering its award-winning, cloud-based SaaS insurance platform to over 600 customers in more than 30 countries. Sapiens’ platform offers pre-integrated, low-code capabilities to accelerate customers’ digital transformation. With more than 40 years of industry expertise, Sapiens has a highly professional team of over 5,000 employees globally.

For More information visit us on www.sapiens.com.

Sapiens is an equal opportunity employer. We value diversity and strive to create an inclusive work environment that embraces individuals from diverse backgrounds.

Disclaimer: Sapiens India does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Sapiens . Further, Sapiens does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events. Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Sapiens shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.

In the event that you come across any fraudulent activities in the name of Sapiens , please feel free report the incident at sapiens to sharedservices@sapiens.com .