USA_Product Owner

Varite, Inc

Frederick, MD

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JOB DETAILS

SALARY

$46.42–$47.79 Per Hour

SKILLS

Agile Programming Methodologies, Analysis Skills, Annuities, Atlassian JIRA, Business Processes, Business Skills, Communication Skills, Customer Experience, DevOps, Establish Priorities, Finance, Information Technology & Information Systems, Insurance, Leadership, Life Insurance, Metrics, Microsoft Windows Azure, Performance Analysis, Performance Metrics, Policy Development, Process Flow, Product Backlog, Product Management, Product Planning, Quality Assurance, Regulations, Regulatory Compliance, Regulatory Requirements, Requirements Management, Risk Management, Scrum Product Owner, Scrum Project Management and Software Development, Sprint Planning, Technical Delivery, Underwriting

LOCATION

Frederick, MD

POSTED

24 days ago

Pay Rate Range: $46.42 - 47.79/hr.
GBaMS ReqID: 10744564

Product Owner

Job Description:
The Product Owner at Banner Life is responsible for defining, prioritizing, and delivering high-value product capabilities across insurance, finance, and digital platforms.
The role acts as the primary bridge between business stakeholders, technology teams, and external partners to ensure successful delivery of scalable, compliant, and customer-centric solutions.
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.

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)

Business & Stakeholder Management
"Act as the single point of contact for business stakeholders
"Collaborate with:
oProduct Managers
oBusiness SMEs
Client development and QA teams
oVendors 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:
oLife Insurance (Term, Final Expense, Annuities, etc.)
oPolicy administration, underwriting, claims, and servicing platforms
"Work with policy administration systems and insurance data flows

Technology & Integration
"Collaborate with engineering teams on:
oAPI integrations
oData platforms and reporting solutions
oCRM and digital channels (e.g., Salesforce)
"Support modernization initiatives including:
oCloud transformation (AWS/Azure)
oDigital experience platforms
oAutomation 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

Required Skills & Qualifications
"Bachelor's degree in Business, IT, Finance, or related field
"7 12+ years of experience in:
oProduct Ownership / Product Management
oAgile delivery environments
"Strong experience in:
oInsurance domain (Life Insurance preferred)
oPolicy lifecycle and business processes
"Experience with:
oAgile tools (JIRA, Confluence, Azure DevOps)
"Strong stakeholder communication and leadership skills
"Ability to translate business needs into technical solutions

Preferred Skills
"Knowledge of:
oInsurance regulatory frameworks
"Certifications:
oCertified Scrum Product Owner (CSPO / PSPO)
oSAFe Product Owner
oPMP (optional)

Key Competencies
"Strong product ownership mindset
"Insurance domain expertise
"Analytical thinking and decision-making
"Stakeholder management and communication
"Agile delivery and execution focus
"Customer-centric approach

Typical Deliverables
"Product roadmap and backlog
"User stories and acceptance criteria
"Release plans and feature rollouts
"Process flows and business requirement documents
"Status reports and KPI dashboards

Skills:

Category	Name	Required	Importance	Experience
SkillCategoryTest1_MN	Product Owner	Yes	1	>7 years

About the Company

Varite, Inc

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