Product Analyst

Product Analyst

Minimum Requirements:

• Related Degree 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 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 Inclusive 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, and ensure that queries, 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 maximise employee productivity. Be and 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.