Global Compensation Product Owner

Company: Chubb
Location: Philadelphia
Posted on: July 1, 2025

Job Description:

The Global Compensation Product Owner will support the delivery of Chubb’s global Oracle HCM platform by collecting, analyzing, and translating business requirements into functional specifications This role will ensure seamless implementation and optimization of HR processes, focusing on the interdependencies between the Compensation, Core HR and Talent Acquisition modules. The Product Owner will work closely with global HR stakeholders and the HR Technology team to identify pain points, design solutions, configure the platform, and provide ongoing support for Oracle HCM. Additionally, this role will also engage with the Technology team to support the integration with Chubb’s other HR technology platforms. The role reports to the VP Global MyHR Core Product Owner and is part of the Global HR Services team. The day-to-day tasks for an Oracle HCM Compensation Product Owner typically revolve around optimizing Oracle HCM, collaborating with stakeholders, and managing product features. Here’s a breakdown of common responsibilities: Day-to-Day Tasks of an Oracle HCM Compensation Product Owner Stakeholder Engagement Interact with HR business leaders, payroll teams, and total rewards to gather feedback and understand requirements. Collaborate with Core HR team to understand the impact of compensation decisions on broader HR processes Backlog Management Prioritize and maintain the product backlog, ensuring that tasks and features align with business goals. Refine user stories and acceptance criteria based on stakeholder inputs. Estimate effort for backlog items in collaboration with development teams. Feature Development and Testing Collaborate with development teams to ensure that compensation features are being built according to requirements. Conduct user system testing and assist in user acceptance testing (UAT) with specified stakeholders for new features, ensuring they meet business requirements. Review and validate compensation configuration settings within Oracle HCM. Documentation Develop and update documentation for new compensation features, processes, and configurations. Continuous Improvement Gather feedback from users on the effectiveness of Oracle HCM, identifying areas for improvement. Stay updated with industry trends and best practices in support of the compensation module Management Lead and coordinate projects related to enhancements, quarterly releases and transition to Redwood. Create timelines, project plans, and status reports to keep stakeholders informed. Collaboration with IT and Development Teams Work closely with technical teams to troubleshoot any system issues that arise and ensure effective resolutions. Participate in sprint planning and retrospectives to align on product vision and delivery timelines. 10 years of relevant Oracle HCM Compensation experience with at least one full life-cycle implementation required. Proficient in configuring and customizing the Oracle HCM Compensation module, with a thorough understanding of Core HR functionalities, including workflow design, data mapping, and reporting. Proven experience in product management, including defining product vision, strategy, and roadmap, preferably in HCM or ERP systems. Experience with operating in a global organization where country-specific requirements are present. Business Analysis Skills: Ability to gather requirements, analyze data, identify pain points, and propose effective solutions. HR Process Knowledge: Strong understanding of processes within the HR function (e.g., recruitment, onboarding, performance management, compensation year end, etc.) Communication Skills: Excellent verbal and written communication skills for articulating product vision, requirements, and updates to stakeholders. Project Management Skills: Ability to manage project timelines, deliverables, and dependencies. Knowledge of Service Now HR is a plus Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Keywords: Chubb, Toms River , Global Compensation Product Owner, IT / Software / Systems , Philadelphia, New Jersey