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Business Analyst / Product Owner (Life Insurance and Annuity domain)

Lorven Technologies Inc.

Jersey City · On-site Contract 1mo ago

About the role

Job Description

We are looking for a seasoned Product Owner Business Analyst with deep domain expertise in Life Insurance and Annuity business processes.

The ideal candidate will act as a subject matter expert SME bridging the gap between business stakeholders and technical teams to deliver highimpact solutions that align with regulatory requirements and customer needs.

Key Responsibilities

  • Serve as a domain expert in Annuities including product structures policy administration claims underwriting and regulatory compliance.
  • Elicit analyze and document business requirements process flows and system interactions.
  • Collaborate with product owners actuaries underwriters and IT teams to define and prioritize business needs.
  • Translate complex insurance and annuity concepts into clear actionable user stories and acceptance criteria.
  • Support the development and implementation of new insurance products and enhancements to existing systems.
  • Conduct gap analysis root cause analysis and impact assessments for business process changes.
  • Facilitate workshops and stakeholder meetings to gather insights and validate requirements.
  • Ensure solutions meet business goals compliance standards and customer expectations
  • Assist in user acceptance testing UAT training and postimplementation support

Required Skills

  • Strong experience as a Business Analyst in the Life Insurance and Annuity domain
  • Strong understanding of annuity products eg fixed variable indexed etc, policy lifecycle and regulatory frameworks eg NAIC DOL fiduciary rules
  • Proven experience in business process modeling requirements gathering and documentation.
  • Familiarity with insurance platforms such as Admin systems or similar.
  • Experience working in AgileScrum environments

Proficiency in tools like JIRA Confluence Visio and MS Office Suite

Skills

AgileConfluenceJIRAMS Office SuiteScrumVisio

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