What are the responsibilities and job description for the Product Owner - Life Insurance position at TechClub Inc?
Role: Product Owner (insurance Domain - Life Insurance)
Location: Frederick, MD
(100% onsite Role Only)
Job Description:
Key ResponsibilitiesProduct Ownership DeliveryOwn and manage the product backlog| ensuring alignment with business prioritiesDefine user stories| acceptance criteria| and functional requirementsPrioritize features based on business value| regulatory requirements| and customer impactDrive end-to-end delivery across AgileScrum or SAFe frameworksParticipate in Agile ceremonies (Sprint Planning| Grooming| Reviews| Retrospectives)Business Stakeholder ManagementAct as the single point of contact for business stakeholdersCollaborate with oProduct ManagersoBusiness SMEsoIT development and QA teamsoVendors and third-party partnersTranslate business requirements into technical deliverablesAlign product roadmap with enterprise goals and regulatory obligationsInsurance Domain AlignmentSupport initiatives across oLife Insurance (Term| Final Expense| Annuities| etc.)oPolicy administration| underwriting| claims| and servicing platformsWork with policy administration systems and insurance data flowsTechnology IntegrationCollaborate with engineering teams on oAPI integrationsoData platforms and reporting solutionsoCRM and digital channels (e.g.| Salesforce)Support modernization initiatives including oCloud transformation (AWSAzure)oDigital experience platformsoAutomation and workflow toolsGovernance ReportingTrack product performance using KPIs and metricsManage risks| issues| and dependenciesProvide regular status updates and executive reportingEnsure delivery quality| timelines| and compliance standardsRequired Skills QualificationsBachelors degree in Business| IT| Finance| or related field712 years of experience in oProduct Ownership Product ManagementoAgile delivery environmentsStrong experience in oInsurance domain (Life Insurance preferred)oPolicy lifecycle and business processesExperience with oAgile tools (JIRA| Confluence| Azure DevOps)Strong stakeholder communication and leadership skillsAbility to translate business needs into technical solutionsPreferred SkillsKnowledge of oInsurance regulatory frameworksCertifications oCertified Scrum Product Owner (CSPO PSPO)oSAFe Product OwneroPMP (optional)Key CompetenciesStrong product ownership mindsetInsurance domain expertiseAnalytical thinking and decision-making
Essential Skills: Product Owner
Key ResponsibilitiesProduct Ownership DeliveryOwn and manage the product backlog| ensuring alignment with business prioritiesDefine user stories| acceptance criteria| and functional requirementsPrioritize features based on business value| regulatory requirements| and customer impactDrive end-to-end delivery across AgileScrum or SAFe frameworksParticipate in Agile ceremonies (Sprint Planning| Grooming| Reviews| Retrospectives)Business Stakeholder ManagementAct as the single point of co
Role Overview
The Product Owner will operate in an Agile environment, owning the product backlog, driving roadmap execution, and ensuring alignment with LGA’s strategic objectives, regulatory requirements, and customer experience goals.
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Key Responsibilities
Product Ownership & Delivery
• Own and manage the product backlog, ensuring alignment with business priorities
• Define user stories, acceptance criteria, and functional requirements
• Prioritize features based on business value, regulatory requirements, and customer impact
• Drive end-to-end delivery across Agile/Scrum or SAFe frameworks
• Participate in Agile ceremonies (Sprint Planning, Grooming, Reviews, Retrospectives)
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Business & Stakeholder Management
• Act as the single point of contact for business stakeholders
• Collaborate with:
o Product Managers
o Business SMEs
o IT development and QA teams
o Vendors and third-party partners
• Translate business requirements into technical deliverables
• Align product roadmap with enterprise goals and regulatory obligations
________________________________________
Insurance & Domain Alignment
• Support initiatives across:
o Life Insurance (Term, Final Expense, Annuities, etc.)
o Policy administration, underwriting, claims, and servicing platforms
• Work with policy administration systems and insurance data flows
________________________________________
Technology & Integration
• Collaborate with engineering teams on:
o API integrations
o Data platforms and reporting solutions
o CRM and digital channels (e.g., Salesforce)
• Support modernization initiatives including:
o Cloud transformation (AWS/Azure)
o Digital experience platforms
o Automation and workflow tools
________________________________________
Governance & Reporting
• Track product performance using KPIs and metrics
• Manage risks, issues, and dependencies
• Provide regular status updates and executive reporting
• Ensure delivery quality, timelines, and compliance standards
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Required Skills & Qualifications
• Bachelor’s degree in Business, IT, Finance, or related field
• 7–12 years of experience in:
o Product Ownership / Product Management
o Agile delivery environments
• Strong experience in:
o Insurance domain (Life Insurance preferred)
o Policy lifecycle and business processes
• Experience with:
o Agile tools (JIRA, Confluence, Azure DevOps)
• Strong stakeholder communication and leadership skills
• Ability to translate business needs into technical solutions