Portfolio (Lead) Product Owner, Investments (Alternatives/Private Credit)

Job Locations US-MA-Boston
Position Type
Minimum Salary
USD $138,500.00/Yr.
Maximum Salary
USD $242,200.00/Yr.
Typical Starting Salary
Flexible Time Off Annual Accrual - days

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.


Liberty Mutual Investments is looking for a Portfolio (Lead) Product Owner to support Alternative Investments/Private Credit.


Note:  This role has a hybrid work arrangement (Boston, 2 days/week).


Job Summary: 

  • Reports to the Product Management Lead of Liberty Mutual Investments (LMI) Global Investment Solutions (GIS), and is responsible for Alternatives & Private Credit
  • The Product Owner translates business milestones into a product roadmap and is responsible for both business value and technical value of the product, change initiatives and design backlog 
  • Working with a dedicated Scrum Team, and Product Analyst, Product Owners ensure successful backlog creation and feature deliveries. Product Owner works with their Technology Lead to discuss technical and platform priorities. A part-time Product Manager provides subject matter expertise and is available for functional support
  • The Product Owner aligns in regular forums with Executive Leadership, Technology Leadership, Program Management and other Product Owners and Product Managers to align on progress and resolve interdependencies between products 



  • As a dynamic leader, drives their functional or spinal product for LMI through partnerships across the organization
  • Product Owner drives the development of an end-to-end roadmap for their product and is aligned to strategic objectives. They are responsible for delivery of the product roadmap, owning the roadmap for both business value and technical value, change initiatives and design backlog
  • Defines priority programs and initiatives for their function and provides program oversight, as it relates to their product. Defines program, initiative, and feature prioritization.
  • Ensures features are implemented in alignment with product vision and needs. During program planning, Product Owners collaborate with Program Managers to start the program and stand up the relevant product backlog
  • Accountable for managing and prioritizing the team backlog, including guiding the creation of user stories and recommending priorities
  • Accountable to identify, refine, and accurately articulate the business objectives and value proposition of their product for the teams to deliver on and helps with shaping compelling business cases that measure and communicate expected solution benefits
  • Oversees activities to validate that solutions deliver the business needs, eliciting feedback from customers/ stakeholders and evolving solution design
  • Leads their Scrum Team and Product Analyst for a solution to execute & implement the vision, roadmap, and deliver on business priorities. In doing so, Product Owner provides day-to-day delivery guidance to the teams
  • Liaises with their Technology Lead about delivery of their technical roadmap, adherence to technical best practices and resolve overarching technology or platform items
  • Liaises with Executive Leadership and Product Management to define team-level objectives and key results to steer delivery outcomes and ensures key risks and issues are escalated
  • Aligns in regular forums with Executive Leadership, Technology Leadership, Program Management and other Product Owners and Managers to align on progress and resolve interdependencies between products
  • Partners with their Product Manager to guide the vision and roadmap for a product and translate the business needs into the requirements that guide execution. Product Owner and Product Manager work together to plan and review program objectives, align on product backlogs in line with program objectives, and resolve roadblocks
  • Manages and executes transformation with BAU (Business-as-usual) and external resources and collaborates with the business and customers to seek and apply feedback and deliver solutions that create value


  • Advanced knowledge of Private Investments, specifically Alternatives and Private Credit.
  • Advanced knowledge of Agile development methodologies as typically acquired through a Bachelors` degree in relevant field (business, computer science, etc.) and a minimum of 10 years` experience in business, engineering, technology and/or consulting.
  • Master`s degree preferred. High level of proven business expertise needed to set clear priorities for product and understand business value impacts.
  • Technical proficiency required to participate in sprint planning and have an informed, independent voice.
  • Strong influencing skills in order to be seen as the decision maker when interfacing with business, and willingness to dissent with both teams and business.
  • Proven experience with Agile practices and expectations.
  • Comfortable with making decisions with some level of uncertainty.
  • Strong communication skills, both written and verbal.

About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That’s why we provide an environment focused on openness, inclusion, trust and respect. Here, you’ll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits


Liberty Mutual has proudly been recognized as a “Great Place to Work” by Great Place to Work® US for the past several years. We were also selected as one of the “100 Best Places to Work in IT” on IDG’s Insider Pro and Computerworld’s 2020 list. We have been named by Forbes as one of America’s Best Employers for Women and one of America’s Best Employers for New Graduates—as well as one of America’s Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion


Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.


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