Business Analyst/product Owner

Business Analyst - Life Insurance And Annuity

Pay Range: $55hr - $60hr

Requirement/Must Have:

• 7-10 years of experience as a Business Analyst in the Life Insurance and Annuity domain.
• Strong understanding of annuity products (e.g., fixed, variable, indexed), policy lifecycle, and regulatory frameworks (e.g., 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 Agile/Scrum environments.
• Excellent communication, stakeholder management, and problem-solving skills.
• Proficiency in tools like JIRA, Confluence, Visio, and MS Office Suite.
• Bachelor's degree in Business, Finance, Insurance, or a related field.

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 post-implementation support.

Nice to Have:

• Certifications such as LOMA (e.g., FLMI, ARA) or Agile certifications (e.g., CSPO, PMI-ACP).