AVP - IT Product Owner

We are currently seeking an AVP - IT Product Owner / Manager that can lead a high-performing team, collaborating closely with business leaders, stakeholders, and cross-functional partners to deliver innovative solutions that transform business processes, enhance efficiency, and solve complex actuarial challenges.

REQUIRED:

• Background and understanding of Insurance is key, especially actuarial knowledge in Pricing and Reserving.
• Commercial P&C Insurance

Role: AVP - IT Product Owner / Manager

Location: ONSITE in NYC or Iselin, NJ or Farmington, CT

Type: W2 / Full Time / Permanent

Technical Skills / Experience

• Lead and Manage Product Teams: Oversee and guide actuarial product teams responsible for developing and enhancing digital actuarial products and platforms, ensuring alignment with business goals and stakeholder expectations.
  Collaborate with Cross-Functional Stakeholders: Work closely with business leaders, end users, IT teams (Design, Development, Infrastructure), and subject matter experts to gather requirements, prioritize features, and deliver solutions that improve efficiency and solve complex actuarial business problems.
  Drive Product Vision and Strategy: Define and communicate the product roadmap for actuarial IT products, identifying opportunities for innovation and continuous improvement to support business growth and competitive advantage.
  Manage Product Backlog and Agile Processes: Own and prioritize the product backlog, ensuring that development teams have clear, actionable user stories and acceptance criteria; facilitate Agile ceremonies and maintain alignment with Scrum or Agile methodologies.
  Ensure Quality and Compliance: Oversee testing, user acceptance, and deployment of actuarial IT solutions, ensuring compliance with regulatory requirements and internal standards.
  Analyze Market and Business Needs: Conduct market research, competitor analysis, and data analytics to inform product decisions and validate the value delivered by actuarial products.
  Support Regulatory and Filing Processes: Collaborate with actuarial and regulatory teams to support product filings, rate proposals, and compliance activities related to actuarial products.
  Drive Operational Excellence: Enhance tools, processes, and methodologies through automation and data- driven improvements to increase efficiency and accuracy in actuarial product development and delivery.
  Communicate Effectively: Serve as the primary liaison between technical teams and business stakeholders, providing clear updates, managing expectations, and facilitating decision-making.
  Lead Change and Innovation: Champion change initiatives within the actuarial product domain, fostering a culture of innovation and continuous improvement.

Preferred Requirements

• In-depth domain knowledge of actuarial pricing and reserving, including principle-based reserving (PBR) and its applications in life insurance, to drive strategic decision-making and risk management
• Bachelor's Degree in Actuarial Science, Business or related field, complemented by extensive experience in product development.
• Minimum of 5 years of experience in product management roles, with a strong background in insurance, actuarial, particularly in pricing and reserving.

Vertex Solutions Inc is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, national origin, ancestry, religion, age, citizenship, sex, marital or veteran status, disability or handicap, genetics, sexual orientation or any other basis prohibited by applicable law.