Product Owner, P&C Policy & Commercial Underwriting

Majesco•Remote Working, United States

1d•$110,000 - $170,000•Remote

About The Position

Majesco is a leader in intelligent SaaS solutions for the P&C, L&AH, and Pension & Retirement markets, with an AI-native vision. They offer a cloud-based platform that enables insurers and pension providers to operate more efficiently and intelligently. This role focuses on transforming the future of insurance technology by connecting people and businesses to insurance in innovative ways. The Product Owner will be responsible for the backlog and roadmap for two key areas of the Majesco P&C platform: Policy lifecycle (quote, issuance, endorsement, renewal) and Commercial Underwriting (submission, risk evaluation, AI-assisted decisioning). This position requires a blend of deep P&C insurance expertise and product ownership discipline to shape how policy and underwriting capabilities integrate and to advance Agentic AI for underwriters. The role is crucial for modernizing workflows, strengthening decision support, and improving risk management within the P&C insurance lifecycle.

Requirements

8 plus years of experience in Product Ownership, Business Analysis, or Functional Leadership within P&C insurance technology, with direct exposure to both policy administration and commercial underwriting.
Hands-on experience at a P&C carrier, insurance software vendor, or both.
Strong understanding of commercial underwriting processes, including risk triage, evaluation and decision support, referral and authority workflows, broker interactions, and policy issuance and endorsement.
Experience managing or mentoring a Product Owner or Business Analyst.
Experience with Agile delivery tools such as Jira, Aha!, or similar platforms.
Strong stakeholder management skills across underwriting, engineering, and customer-facing teams.
Bachelor’s degree in Business, Insurance, Technology, or a related field preferred. An equivalent combination of education and relevant industry experience will be considered.

Responsibilities

Own and prioritize the roadmap and backlog for submission, quoting, issuance, endorsement, and UW risk evaluation.
Lead with AI and define underwriting configuration requirements across risk evaluation rules, workflows, authority levels, referrals, and decision logic.
Define the AI use cases and guide the design of Agentic AI underwriting capabilities that assist underwriters with risk selection, triage, and decision support.
Lead day-to-day Policy backlog execution and prioritization while partnering with engineering and architecture to translate underwriting and policy workflows into scalable platform capabilities.
Define integration requirements with third-party underwriting data providers, including property data, financial data, and risk intelligence platforms.
Validate delivered functionality with QA and business stakeholders and collaborate with our customer and prospects (insurers, MGAs) and implementation teams to identify modernization opportunities across both product lines.