Role: Product Owner (Insurance domain)
Location: 3275 Bennett Creek Avenue, Frederick, MD 21701. 100% onsite.
Duration: 6 months
Overview:
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 LGAs strategic objectives| regulatory requirements| and customer experience goals.
Key Responsibilities:
· Product Ownership Delivery Own and manage the product backlog| ensuring alignment with business priorities Define user stories| acceptance criteria| and functional requirements.
· Prioritize features based on business value| regulatory requirements| and customer impact Drive end-to-end delivery across Agile Scrum or SAFe frame works.
· Participate in Agile ceremonies (Sprint Planning| Grooming| Reviews| Retrospectives) Business Stakeholder Management Act as the single point of contact for business stakeholders.
· Collaborate with Product Managers Business SMEs IT development and QA teams Vendors and third-party partners
· Support initiatives across Life Insurance (Term| Final Expense| Annuities| etc.)
· API integrations
· Data platforms and reporting solutions
· CRM and digital channels (e.g.| Salesforce)Support modernization initiatives including
· Cloud transformation (AWSAzure)
· Digital experience platforms
· Automation and workflow tools Governance Reporting Track product performance using KPIs and metrics Manage risks| issues| and dependencies Provide regular status updates and executive reporting Ensure delivery quality| timelines| and compliance standards
Required Skills Qualifications
· Bachelors degree in Business| IT| Finance| or related field71-2 years of experience in
· Product Ownership Product Management
· Agile delivery environments
· Strong experience in Insurance domain (Life Insurance preferred)
· Policy lifecycle and business processes
· Experience with Agile tools (JIRA| Confluence| Azure DevOps) Strong stakeholder communication and leadership skills Ability to translate business needs into technical solutions Preferred Skills Knowledge of Insurance regulatory frameworks
Certifications:
· Certified Scrum Product Owner (CSPO PSPO)
· SAFe Product Owner
· PMP (optional)
Key Competencies Strong product ownership mindset Insurance domain expertise Analytical thinking and decision-making
Top 3 Required Skills
1. Product Ownership in Agile Environments (Scrum/SAFe, backlog management, user stories)
2. Strong Insurance Domain Expertise (Life Insurance, policy lifecycle, underwriting, claims)
3. Stakeholder Management & Business-Technology Alignment
Top 3 Preferred Skills:
1. Experience with Digital Platforms (APIs, CRM – Salesforce, cloud/AWS/Azure) 2. Knowledge of Insurance Regulatory Frameworks 3. Certifications: CSPO / PSPO / SAFe Product Owner / PMP
1. Bachelor’s degree in business, IT, Finance, or related field
“product owner” AND insurance AND safe AND sgile AND PMP AND certification*
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