Allied World · 4 months ago
AVP, IT Actuarial Product Owner
US-NY-New York
Full-time
Onsite
Mid, Senior Level
5+ years expAllied World is a global provider of insurance and reinsurance solutions, seeking an AVP, IT Actuarial Product Owner to drive the vision and strategic direction of their digital actuarial products. The role involves leading a high-performing team, collaborating with stakeholders, and delivering innovative solutions that enhance efficiency and solve complex actuarial challenges.
FinanceFinancial ServicesInsurance
Responsibilities
Oversee and guide actuarial product teams responsible for developing and enhancing digital actuarial products and platforms, ensuring alignment with business goals and stakeholder expectations
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
Define and communicate the product roadmap for actuarial IT products, identifying opportunities for innovation and continuous improvement to support business growth and competitive advantage
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
Oversee testing, user acceptance, and deployment of actuarial IT solutions, ensuring compliance with regulatory requirements and internal standards
Conduct market research, competitor analysis, and data analytics to inform product decisions and validate the value delivered by actuarial products
Collaborate with actuarial and regulatory teams to support product filings, rate proposals, and compliance activities related to actuarial products
Enhance tools, processes, and methodologies through automation and data-driven improvements to increase efficiency and accuracy in actuarial product development and delivery
Serve as the primary liaison between technical teams and business stakeholders, providing clear updates, managing expectations, and facilitating decision-making
Champion change initiatives within the actuarial product domain, fostering a culture of innovation and continuous improvement
Qualification
Required
In-depth domain knowledge of actuarial pricing and reserving related to Property and Casualty Insurance
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
At least 5 years of leadership experience, guiding teams in complex projects, ensuring rigorous practices that enhance financial stability and regulatory compliance
Benefits
Health, Dental and Disability Insurance
Company match 401k plan
Group Term Life Insurance
Company
Allied World
About Allied World Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2017-07-07Acquired
2006-07-12IPO
Leadership Team
Denise Choy
VP, Asia Pacific Professional Lines Division at Allied World
Erin Ringbloom
Vice President
Recent News
2025-06-26
2024-02-18
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