Product Manager Data-Driven Underwriting Solutions

October 22, 2026

Hybrid

Senior

Madrid, Spain

Indeed

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Mandatory office attendance
3 days per week

Description

The role sits in the Data-Driven Underwriting & Analytics team within Life & Health Solutions, based in Madrid with a hybrid schedule. The Product Manager owns the product lifecycle for assigned capabilities in the underwriting solutions portfolio, with an initial focus on Underwriting Assistant, balancing regional client needs with a coherent global product. Responsibilities span product strategy and roadmap, discovery and requirements, delivery and quality, AI-driven medical evidence capabilities, and stakeholder governance. The annual base salary for Spain is EUR 45 000–75 000 for a full-time role plus a performance-based variable compensation component.

Responsibilities

Shape the product vision, roadmap and priorities, balancing client needs, market opportunities, business value and delivery capacity
Understand underwriting workflows and translate business and client needs into requirements, user journeys and acceptance criteria
Work closely with technology, AI and UX teams to drive product development and manage dependencies
Coordinate testing and continuously improve product quality through release readiness
Advance AI-driven underwriting capabilities, including medical evidence extraction, summarisation and integration of data sources such as electronic health records, APS and laboratory reports
Support client engagements, proofs of concept and implementations
Collaborate with external technology and data providers to evaluate solutions and translate opportunities into product capabilities
Align stakeholders across regions and functions and communicate product priorities and delivery expectations
Manage the product lifecycle for assigned capabilities within the underwriting solutions portfolio, with an initial focus on Underwriting Assistant

Requirements

Proven B2B software product management experience from discovery and requirements through to delivery and adoption
Solid command of roadmap planning, backlog prioritisation and the software development lifecycle
Ability to translate complex, competing business needs into clear requirements, user journeys and acceptance criteria
Smart prioritisation decisions in resource-constrained environments
Strong analytical skills and confidence working with data, technical teams and external partners
Evidence-based product decision making rather than reacting to stakeholder pressure
Exceptional communication, negotiation and stakeholder management across regional and functional boundaries
Confidence to constructively challenge requests and push back when needed
Structured approach that brings clarity to complex topics and influences colleagues without formal authority
Nice to have: familiarity with the Life & Health insurance or reinsurance value chain and underwriting workflows
Nice to have: experience with AI/ML-enabled products, generative AI, document extraction and summarisation
Nice to have: knowledge of SaaS products, API-based integrations, vendor evaluation and UX design principles

Conditions

Hybrid work model with the expectation of being in the office at least three days per week
Full-time position offered at an 80–100% working degree
Annual base salary for Spain between EUR 45 000 and EUR 75 000 for a full-time role
Performance-based variable compensation component on top of the base salary
Global and location-specific benefits whose eligibility varies by policy and contract terms
Work location: Madrid, Spain
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