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Alpha FMC · 1 day ago

Business Analyst/Product Owner - US Insurance Wealth Management

New York, NY

Full-time

Onsite

Mid, Senior Level

$125K/yr - $150K/yr

4+ years exp

Alpha FMC is expanding its North America Insurance practice to deliver value for clients across business and technology outcomes. The Business Analyst/Product Owner will identify and implement solutions for insurance companies, focusing on wealth management servicing and ensuring successful project execution.

Asset ManagementFinancial ServicesManagement ConsultingWealth Management

Comp. & Benefits

Hiring Manager

Danny Hagenbuch

Responsibilities

Serve as the primary subject matter expert (SME) to gather, analyze, and document business and functional requirements from Wealth Management stakeholders and Product Teams

Focus on the servicing lifecycle of life and annuity wealth products, including transfers, rollovers, distributions, beneficiary changes, and regulatory compliance requirements

Develop detailed documentation, including user stories, process flows, data mappings, and functional specifications for the SaaS development team

Collaborate closely with the product team, developers, and QA to ensure a clear understanding of the wealth management needs and successful implementation of features

Drive the execution of wealth management client needs by translating product vision into technical user stories and managing the feature backlog

Participate in sprint planning, testing, and deployment activities, ensuring delivered solutions meet business requirements and quality standards

Analyze and define the forms, data requirements, and data standards necessary for seamless wealth management servicing and regulatory reporting

Act as the bridge between technical teams and business units, ensuring clear and consistent communication on project status, risks, and changes

Qualification

Business AnalysisWealth ManagementSaaS DevelopmentAgile MethodologiesInsurance KnowledgeAnalytical SkillsCommunication SkillsProblem-Solving Skills

Required

A Bachelor's Degree in Business, Finance, or related fields along with at least 4 years of experience as a Business Analyst or similar within Wealth Management, Brokerage, or Financial Services

Experience working within the Insurance Life and Annuity carrier environment

Deep operational knowledge of Wealth Management servicing processes, including account opening, maintenance, transaction processing, and data requirements for regulatory forms and client statements

Proven ability to translate complex business needs into technical specifications for SaaS product development teams

Strong understanding of agile methodologies (Scrum/Kanban)

Exceptional analytical, communication (written and verbal), and problem-solving skills

Preferred

Prior experience in defining integration requirements with major custodians/clearing firms, such as Pershing, Fidelity, and Schwab, is highly preferred