Product Owner / Insurance Business Analyst - P&C Commercial Lines

Job Title: Product Owner / Insurance Business Analyst - P&C Commercial Lines
Location: New York, NY - Hybrid (2 Days onsite)
Duration: 6+ Months
Exp. Level: 10+ Years

Job Description

We are seeking an experienced Product Owner / Business Analyst (BA) with a strong background in Property & Casualty (P&C) insurance within the Commercial Lines sector. The ideal candidate will drive the product vision, collaborate with stakeholders, and define requirements to enhance insurance products and digital solutions.

Key Responsibilities:

Product Ownership & Strategy:

• Define and own the product vision, strategy, and roadmap for P&C Commercial Lines Insurance products.
• Prioritize the backlog and manage the product lifecycle to align with business objectives.
• Work closely with underwriters, actuaries, claims, and IT teams to design, develop, and implement solutions.
• Stay updated on market trends, regulatory changes, and emerging technologies in the P&C insurance industry.

Business Analysis & Requirements Management:

• Gather, analyze, and document business, functional, and technical requirements for new product features and enhancements.
• Define user stories, acceptance criteria, and workflows to guide development teams.
• Work with actuarial and underwriting teams to refine risk models, pricing strategies, and policy management solutions.
• Ensure compliance with regulatory requirements and industry best practices.

Stakeholder Collaboration & Communication:

• Act as a bridge between business teams, technology teams, and external vendors to deliver high-quality insurance solutions.
• Conduct workshops and facilitate discussions with stakeholders to understand pain points and opportunities for improvement.
• Present product updates, reports, and insights to senior management and key stakeholders.

Technology & Implementation Support:

• Partner with developers, QA testers, and DevOps teams to ensure successful implementation of insurance platforms and digital tools.
• Provide UAT (User Acceptance Testing) support and assist with change management and training efforts.
• Optimize workflows in policy administration, claims management, and underwriting systems.

Required Skills & Experience:

• 5+ years of experience as a Product Owner / Business Analyst in P&C insurance (Commercial Lines).
• Strong understanding of policy administration, underwriting, claims, and billing processes.
• Experience with Agile/Scrum methodologies and backlog management using tools like JIRA, Azure DevOps, or Rally.
• Knowledge of insurance regulations (ISO, NAIC, Lloyd's, etc.) and compliance requirements.
• Hands-on experience with Guidewire, Duck Creek, OneShield, Majesco, or similar P&C insurance platforms.
• Proficiency in data analysis, SQL, reporting tools, and APIs is a plus.
• Excellent communication, stakeholder management, and problem-solving skills.

Preferred Qualifications:

• Certified Scrum Product Owner (CSPO) or SAFe Product Owner certification.
• Experience with AI/ML, InsurTech, and digital transformation projects in insurance.
• Strong analytical skills and ability to translate complex business needs into technical solutions.