USA_Product Owner

  • Varite Inc.
  • Frederick, Maryland
  • Full Time
USA_Product Owner

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 ResponsibilitiesProduct Ownership & DeliveryOwn and manage the product backlog, ensuring alignment with business prioritiesDefine user stories, acceptance criteria, and functional requirementsPrioritize features based on business value, regulatory requirements, and customer impactDrive end-to-end delivery across Agile/Scrum or SAFe frameworksParticipate in Agile ceremonies (Sprint Planning, Grooming, Reviews, Retrospectives)Business & Stakeholder ManagementAct as the single point of contact for business stakeholdersCollaborate with:oProduct ManagersoBusiness SMEsClient development and QA teamsoVendors and third-party partnersTranslate business requirements into technical deliverablesAlign product roadmap with enterprise goals and regulatory obligationsInsurance & Domain AlignmentSupport initiatives across:oLife Insurance (Term, Final Expense, Annuities, etc.)oPolicy administration, underwriting, claims, and servicing platformsWork with policy administration systems and insurance data flowsTechnology & IntegrationCollaborate with engineering teams on:oAPI integrationsoData platforms and reporting solutionsoCRM and digital channels (e.g., Salesforce)Support modernization initiatives including:oCloud transformation (AWS/Azure)oDigital experience platformsoAutomation and workflow toolsGovernance & ReportingTrack product performance using KPIs and metricsManage risks, issues, and dependenciesProvide regular status updates and executive reportingEnsure delivery quality, timelines, and compliance

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
Job ID: 520987969
Originally Posted on: 5/13/2026

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