What are the responsibilities and job description for the US GAAP Product Owner position at Teamware Solutions?
Location : Urbana,MD
US GAAP Product Owner
Key Responsibilities
Own and manage the product backlog for US GAAP financial reporting systems aligned with LDTI requirements.
Translate actuarial models and accounting requirements (ASC 944) into clear user stories and technical deliverables.
Ensure accurate reporting of insurance liabilities, DAC, and premium revenue.
Collaborate with Finance, Actuarial, IT, and Compliance teams to align product roadmap.
Validate financial outputs to meet audit and regulatory standards.
Support LDTI transformation initiatives and ongoing enhancements.
Required Skills
Strong expertise in US GAAP (ASC 944, LDTI – ASU 2018-12, CECL)
Experience in Life Insurance / Annuities domain
Agile Product Owner experience (Scrum / SAFe)
Knowledge of policy administration systems & financial reporting platforms
Strong stakeholder management and communication skills
Own and manage the product backlog for US GAAP financial reporting systems aligned with LDTI requirements.
Translate actuarial models and accounting requirements (ASC 944) into clear user stories and technical deliverables.
Ensure accurate reporting of insurance liabilities, DAC, and premium revenue.
Collaborate with Finance, Actuarial, IT, and Compliance teams to align product roadmap.
Validate financial outputs to meet audit and regulatory standards.
Support LDTI transformation initiatives and ongoing enhancements.
Required Skills
Strong expertise in US GAAP (ASC 944, LDTI – ASU 2018-12, CECL)
Experience in Life Insurance / Annuities domain
Agile Product Owner experience (Scrum / SAFe)
Knowledge of policy administration systems & financial reporting platforms
Strong stakeholder management and communication skills
Salary : $50 - $55