USA_Product Owner
Job
Varite Inc.
Frederick, MD (In Person)
Full-Time
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Job Description
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 & Delivery
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 & 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 frameworks
- Participate in Agile ceremonies (Sprint Planning, Grooming, Reviews, Retrospectives)Business & Stakeholder Management
- Act as the single point of contact for business stakeholders
- Collaborate with:oProduct ManagersoBusiness SMEsClient development and QA teamsoVendors and third-party partners
- Translate business requirements into technical deliverables
- Align product roadmap with enterprise goals and regulatory obligationsInsurance & Domain Alignment
- Support initiatives across:oLife Insurance (Term, Final Expense, Annuities, etc.)oPolicy administration, underwriting, claims, and servicing platforms
- Work with policy administration systems and insurance data flowsTechnology & Integration
- Collaborate 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 & 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 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 frameworksCertifications:
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 yearsSimilar remote jobs
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