Product Analyst

Details of the offer

Product AnalystMinimum Requirements:Related Degree with 3+ years experience working in Product Team in Long Term Life Insurance, or Re-Insurance.In-depth knowledge of Life Insurance products and processes, with emphasis on Product Rules, Premium Rates & Charges, value calculations, and investment structures.5+ years of actuarial specialist experience.Certification in SQL, Advanced Excel, Agile methodology or similar workflow (e.g., AWD).Testing methodologies & tools, Financial / Statistical Mathematics.Competencies:Business Acumen, Responsive to change, encourage and support innovation, Client-Centric.Focused on Diversity and Inclusion, Strong listening skills, Openness, Result-oriented.Responsibilities:Gather and interpret requirements from key stakeholders/customers in line with business analysis and existing product team frameworks.Analyse product and business requirements and validate and translate these into clear and effective requirement specifications for each impacted development area.Ensure that requirements and business process specifications are documented and presented in line with both current best practice and existing product team specification frameworks.In collaboration with project and testing teams, oversee the quality delivery of requirements and business process specifications that meet the agreed deliverables in line with best practices and business processes.Ensure that requirements and business process specifications are reviewed, validated, tested, and approved by relevant stakeholders at each stage in the development cycle, from conceptual to end product.Participate in the conceptual solution design process to make recommendations to create and enhance solutions that are innovative, duplicable, and sustainable and solve complex business problems.Collaborate closely with all stakeholders and solutions teams, in an ongoing process from end to end, to ensure delivery requirements and expectations remain current and adaptive to the changing environment.Participate in User Acceptance testing and guide users to ensure that the designed solution ultimately meets business requirements.Manage change requests and queries, collaborate with all stakeholders, and facilitate prioritization of changes to specifications and processes, ensuring that queries and changes are tracked and accurately resolved.Use scenario testing and test cases to ensure that testing covers all aspects of the business specification and anticipated processes.Keep abreast of relevant legislative, IT, and business trends and practices to optimize service offerings and minimize risk.Make recommendations to improve client service and fair treatment of clients within the area of responsibility.Participate and contribute to a culture that builds rewarding relationships, facilitates feedback, and provides exceptional client service.Drive client service delivery goal achievement in line with predefined standards to ensure that clients receive appropriate advice and after-sales service.Contribute to creating a positive work climate and culture to energize employees, give meaning to work, minimize work disruption, and maximize employee productivity. Encourage innovation, change agility, and collaboration within the team.Identify solutions to enhance cost-effectiveness and increase operational efficiency.Manage financial and other company resources under your control with due diligence.
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