Allied World · 3 months ago
IT Product Owner, Insurance Operations
US-NY-New York
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expAllied World is a global provider of insurance and reinsurance solutions. The IT Product Owner plays a crucial role in managing and optimizing the policy lifecycle for the Insurance Policy Administration System, ensuring it meets business needs and regulatory compliance while enhancing operational efficiency and customer satisfaction.
FinanceFinancial ServicesInsurance
Responsibilities
Determine operational objectives by understanding the business function, scope of the product or request, required changes, deliverables, and expected outcomes, working closely with business and operations stakeholders
Define and quantify the impact of requests or changes on business metrics (cost, KPI, GWP, compliance), and help prioritize requests for development based on available capacity
Experienced in supporting PAS platform. Prefer experience in PAS platforms, Duck Creek, Guidewire, OneShield or Majesco
Construct business process flow diagrams, study system capabilities, write specifications, and prepare technical reports by collecting, analyzing, and summarizing information and trends
Define project requirements by identifying project milestones, phases, and elements, form a project team, establish a project budget, and assist with project management for selected projects
Identifying, analyzing, engaging, and managing the expectations and requirements of individuals or user groups affected by or influencing a project. Developing a communication plan, and continuously monitoring and adapting the plan to ensure stakeholder satisfaction and project success
Coordinate with various departmental teams to achieve better business outcomes, support testing on system changes to ensure they meet requirements and collaborate with the Product Manager on roadmap planning and prioritization
Validate resource requirements and develop cost estimate models
Qualification
Required
Minimum 8 years of real-world experience in business requirement
Minimum 3 years of experience in commercial insurance domain
Five or more years of Business Analyst experience
Practical experience with property & casualty insurance/reinsurance and multi-currency systems is an asset
Strong understanding of commercial insurance products such as Professional Lines, Casualty and Property
Experienced in supporting PAS platform
Ability to analyze business and technical specifications and interact with our business users effectively
Ability to work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations
Excellent written and verbal communication skills
Great analytical, critical thinking and problem-solving abilities
Superior presentation and negotiation skills
Strong management and organizational skills
Adaptable and capable of working in fast-paced environments
Must be a self-starter with a great attitude, not afraid to take the initiative, and work with little supervision
Bachelor's degree or higher in business analysis, business administration, finance or related field
Preferred
Experience in DXC platforms, Duck Creek or Evari
Preferred experience working within an Agile – Scrum/Kanban environment
Preference given for holders of a University Degree or Diploma in Computer Science or related field
Benefits
Health, Dental and Disability Insurance
A 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
Company data provided by crunchbase