Insurance Domain-Product Owner-Remote Role

Detailed Description From Employer:

Role: Technical Product Owner

Location: Remote

Duration: 12+ Months

Need EST candidates only

Note: Need a Technical Product Owner with Life Insurance or Reinsurance Administration Experience

Mandatory:

• Deep understanding of life reinsurance administration systems - treaty structures, premium/claims cashflows, billing cycles, settlement, regulatory reporting. Operational knowledge, not actuarial theory.
• Experience with at least one enterprise insurance/reinsurance platform similar to TAI. Knows what these systems do under the hood.
• Legacy codebase management - has dealt with multi-variant/multi-fork systems and understands the complexity of maintaining divergent client-specific versions.
• Platform migration planning - can map dependencies across client variants, sequence migrations, define rollback strategies. Has done this before, ideally in an insurance context.
• Technical fluency - reads architecture documents, understands API design, database schema decisions, deployment pipelines. Doesn't write code but can challenge engineering decisions credibly.
• Backlog management and release planning - experienced with agile/iterative delivery, can prioritise across competing client demands, regulatory changes, and technical debt.
• Cross-team coordination - works effectively between engineering, QA, BPO, and client-facing teams. Comfortable being the bridge between business intent and technical execution.
• Regulatory awareness - working familiarity with US GAAP / Statutory reporting for life insurance, and implications on admin systems.
• Exposure to actuarial concepts at a conversational level - reserving, cashflow modelling, experience studies. Not an actuary but not lost when actuarial terminology comes up.
• Strong documentation and specification skills - can write clear technical requirements, acceptance criteria, and system design briefs.

Summary:

• We are seeking a highly experienced Technical Product Owner with deep expertise in life insurance and reinsurance administration systems.
• The ideal candidate will possess strong operational knowledge of insurance processes, platform modernization, and legacy system management.
• This role will act as a critical bridge between business, actuarial, and engineering teams, driving platform evolution, migration, and high-quality delivery.

Responsibilities:

• Own and manage the product backlog, roadmap, and release planning for life insurance/reinsurance platforms.
• Drive end-to-end platform delivery, balancing client requirements, regulatory needs, and technical priorities.
• Lead platform migration and modernization initiatives, including dependency mapping, sequencing, and rollback strategies. Work closely with engineering teams to review architecture, APIs, database design, and deployment pipelines.
• Manage legacy systems with multiple client-specific variants, ensuring maintainability and consistency.
• Collaborate across engineering, QA, operations, actuarial, and business teams to ensure aligned execution. Translate business needs into clear technical requirements, user stories, and acceptance criteria. Ensure smooth coordination across development, testing, and production support teams.
• Provide inputs into system design, solution architecture, and technical decision-making.
• Maintain awareness of regulatory requirements and ensure system compliance.
• Drive continuous improvement, platform standardization, and process optimization initiatives.

Requirements

• Strong understanding of life reinsurance administration systems, including Treaty structures Premium and claims processing Billing cycles and settlements Regulatory reporting
• Experience working with enterprise insurance/reinsurance platforms
• Proven experience managing legacy codebases with multiple variants/forks Hands-on experience in platform migration and transformation program

• Ability to read and interpret architecture documents
• Understanding of APIs, database schemas, and system integration
• Familiarity with CI/CD and deployment pipelines Experience in Agile delivery, backlog management, and prioritization Strong stakeholder management and cross-team coordination skills Ability to work with and align business, technical, and operational teams Strong documentation and specification writing skills

Preferred Qualifications:

• Exposure to US GAAP / Statutory reporting for life insurance
• Understanding of actuarial concepts such as reserving, cashflow modeling, and experience studies
• Experience working in insurance domain transformation or digital modernization programs
• Familiarity with ITIL processes and production support environments Certifications in Agile (CSM, SAFe), Product Ownership, or Program Management

Key Competencies:

• Strategic thinking and decision-making T
• Technical-business alignment
• Stakeholder communication and influence
• Problem-solving in complex environments
• Adaptability in legacy-to-modern transformation

Thanks

Piyush Verma Lead Technical Recruiter | Empower Professionals

|Official Phone: x 350

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Fax: | 100 Franklin Square Drive Suite 104 | Somerset, NJ 08873

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