Product Owner - Insurance Policy Administration Platform (North America)

Genesis10
life insurance, 401(k)
United States, New York, New York
950 3rd Avenue (Show on map)
Mar 20, 2025
Genesis10 is currently seeking a Product Owner/Functional Lead - Insurance Policy Administration Platform (North America) with our client in their New York, NY, Iselin, NJ or Farmington, CT location. This position is open to direct hire and contract to hire candidates. Summary: The Product Owner will work with key business stakeholders in commercial insurance products such as Professional Lines, Casualty and Property . They will be working on IT projects for their core Policy Administration System which plays a crucial role in managing and optimizing the entire policy lifecycle. This role involves overseeing the automation of processes such as policy quoting, issuance, endorsements, renewals, and claims processing. The Functional Lead/Product Owner ensures that the Client is configured to meet business needs, integrates seamlessly with other systems, and maintains regulatory compliance. They also focus on improving operational efficiency, reducing errors, and enhancing customer satisfaction through streamlined workflows and accurate data management. Effective leadership in this role is essential for the smooth operation and strategic success of the insurance company. Responsibilities: Operational Objectives: Determine operational objectives by understanding the business function, scope of the product or request, required changes, deliverables, and expected outcomes, working closely with business and operations stakeholders. Impact Analysis: Define and quantify the impact of requests or changes on business metrics (cost, KPI, GWP, compliance), and help prioritize requests for development based on available capacity. Functional Module Expertise: Experienced in supporting Client platform. Prefer experience in Client platforms, Duck Creek, Guidewire, OneShield or Majesco. Workflow Development: Construct business process flow diagrams, study system capabilities, write specifications, and prepare technical reports by collecting, analyzing, and summarizing information and trends. Project Planning: Define project requirements by identifying project milestones, phases, and elements, form a project team, establish a project budget, and assist with project management for selected projects. Stakeholder Management: Identifying, analyzing, engaging, and managing the expectations and requirements of individuals or user groups affected by or influencing a project. Developing a communication plan and continuously monitoring and adapting the plan to ensure stakeholder satisfaction and project success. Communication and Collaboration: Coordinate with various departmental teams to achieve better business outcomes, support testing system changes to ensure they meet requirements and collaborate with the Product Manager on roadmap planning and prioritization. Resource Management: Validate resource requirements and develop cost estimate models. Requirements: Bachelor's degree or higher in business analysis, business administration, finance or related field. Preference given for holders of a University Degree or Diploma in Computer Science or related field. Minimum 8 years of real-world experience in business requirement. Minimum 3 years of experience in commercial insurance domain. Five or more years of Business Analyst experience. Practical experience with property & casualty insurance/reinsurance and multi-currency systems is an asset. Strong understanding of commercial insurance products such as Professional Lines, Casualty and Property. Experienced in supporting Policy administration platforms. Prefer experience in Guidewire, DXC platforms, Duck Creek or Evari. Ability to analyze business and technical specifications and interact with our business users effectively. Ability to work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations. Excellent written and verbal communication skills. Great analytical, critical thinking and problem-solving abilities. Superior presentation and negotiation skills. Strong management and organizational skills. Adaptable and capable of working in fast-paced environments. Must be a self-starter with a great attitude, not afraid to take the initiative, and work with little supervision. Preferred experience working within an Agile Scrum/Kanban environment. The salary range for this position is $130-$145K If you have the described qualifications and are interested in this exciting opportunity, please apply! Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals. For contract roles, Genesis10 offers the benefits listed below. If this is a perm-placement opportunity, our recruiter can talk you through the unique benefits offered for that particular client. Benefits of Working with Genesis10: Access to hundreds of clients, most who have been working with Genesis10 for 5-20+ years. The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years. Access to an experienced, caring recruiting team (more than 7 years of experience, on average.) Behavioral Health Platform Medical, Dental, Vision Health Savings Account Voluntary Hospital Indemnity (Critical Illness & Accident) Voluntary Term Life Insurance 401K Sick Pay (for applicable states/municipalities) Commuter Benefits (Dallas, NYC, SF) For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as a Best Company for Work-Life Balance, as a Best Company for Career Growth, for Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website. Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.