What are the responsibilities and job description for the Product owner with US GAAP And Life Insurance Experience position at Themesoft Inc.?
Hi Professionals;
Job Title: Product owner with US GAAP And Life Insurance Experience
Location:, Frederick, MD
Duration: 6 months
Skills: Product Owner
Experience Required: 8-10
Role Summary
The US GAAP Product Owner at Banner Life Insurance is responsible for driving the design and delivery of financial reporting solutions compliant with US GAAP standards, with a strong focus on LDTI (ASU 2018-12). This role bridges Finance, Actuarial, and Technology teams to ensure accurate, audit-ready reporting for life insurance products.
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
Salary : $50 - $55