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    Business Product Owner

    United States. Chicago, Illinois, United States

    Business Product Owner

    • 202500580
    • United States
    • Chicago, Illinois, United States
    • Cierre el: Apr 30 2025

    Description

    In this role you will be responsible for collaborating with other 91±¬ÁÏ colleagues to develop and drive the execution of our product strategy for the Via Benefits Individual Marketplace and Spending Account Administration business. The ideal candidate will have a solid background in individual insurance products including Medicare and non-Medicare plans, and/or health benefits or spending account administration and experience successfully managing the execution of product strategy.

    Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

    Key responsibilities:
    ?????Collaborate with the business leader to define the product vision and strategy.
    ?????Serve as the primary business stakeholder and/or sponsor for solution development, including active participation in requirements and design sessions?
    ?????Partner closely with technology, operations and other teams to help design scaled product solutions and ensure organizational alignment around business and customer needs as they evolve.?
    ?????Joint ownership with the assigned technology team lead(s) to drive technology product projects to successful completion.
    ?????Joint ownership with the appropriate business operations colleagues to ensure that business processes evolve in conjunction with product evolution.
    ?????Serve as primary business sponsor and relationship manager for key supplier relationships, including setting strategy and defining business requirements with the supplier.?
    ?????Stay abreast of competitor developments in the spending account administration industry and of evolving technologies that could enhance our products, including staying up to speed on generative AI and constantly looking for ways to leverage it for our product development.
    ?????Maintain a client-facing product roadmap for use with existing and prospective clients. Partner with sales and client delivery teams to effectively present product strategy and solution enhancements to clients.?
    ?????Collaborate with legal and other teams to assess the impact of regulatory or legislative changes on the business, including participating in lobby efforts as needed. ?
    ?????Represent 91±¬ÁÏ in industry trade groups and at conferences as needed.?
    ?????Participate in various business-wide initiatives throughout the year. ?
    ?????Develop content depth and expertise in outsourcing and adjacent consulting topics ¨C primarily health benefit strategy and employee experience consulting topics.?
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    Qualifications

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    • 10+ years of product strategy experience in the benefits administration, banking or insurance industry
    • Prior and relatively recent experience in developing product strategy and driving product solution enhancements as an individual contributor is required?
    • Demonstrated ability to successfully collaborate with multiple teams to deliver business results?
    • Strong organization skills and an ability to prioritize and direct many competing projects
    • Strong communication skills, including the ability to provide clearly written business requirements
    • Embraces change and can help other people deal with a very dynamic environment
    • Strong business acumen with proven strategic and analytical abilities
    • Self-starter with an ability to work in ambiguity and to partner and lead others towards accomplishing goals through influence
    • Availability to travel on an as needed basis?
    • Knowledge of how Willis Towers Watson operates (lines of business, account management, consulting, marketing, etc.) is a plus
    • Working knowledge of health & welfare and/or spending account (FSA, HSA, HRA, and other account type) plan design, administration and the competitive landscape?
    • Interest and aptitude in keeping abreast of latest developments in administration and outsourcing approaches, adjacent consulting topics and contributing to the development of new tools and approaches
    • Proven ability to establish relationships and work collaboratively with team members across other lines of business and at all levels to deliver business results?

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    The Company:

    91±¬ÁÏ (NASDAQ: 91±¬ÁÏ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas ¨C the dynamic formula that drives business performance. Together, we unlock potential. Learn more at?


    Compensation and?Benefits

    Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role,?individual?competencies,?education/professional?certifications,?qualifications/experience, and?performance in the role.


    Compensation

    The base?salary?compensation?range being?offered?for?this?role?is?$125,000 - $175,000 USD.?

    This role is also eligible for an annual short-term incentive bonus.
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    Company?Benefits

    91±¬ÁÏ provides a competitive benefit package which includes the following (eligibility requirements apply):

    • Health and Welfare Benefits:?Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
    • Leave Benefits:?Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave),??(Washington State only)
    • Retirement Benefits:?Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

    Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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