Product Manager (Fund Management/Investment)

The Product Manager operates as a senior SME/lead team member of a consulting team, assisting assigned Insurance Carrier project teams (“our clients”) to implement, integrate, leverage and enhance the FAST platform as well as oversee the innovation of new platform capabilities within the Group/Retirement arena.  The role primarily involves the innovation of new capabilities and products within the platform & consultative activity to understand and align client objectives with the platform capabilities and leading teams to configure, learn, implement and manage the platform to run their business. Work assignments are carried out in a hybrid working model combining the Verisk home office (US or India), remote and periodic travel to client locations.  The Product Manager works autonomously and uses sound judgment to solve problems, support the client and Verisk team members and collaborate with Verisk product owners and SMEs.  They handle the most complex and crucial tasks that are vital to the organization.

• Project engagement: May oversee, direct or participate on concurrent project assignments, ensuring they meet company goals and industry standards. Manage schedules, prioritize and assign stories to team members to accomplish targets and deliverables. Lead design sessions on business functionality and product logic with clients.
• Team Collaboration: Collaborate with business, IT, actuarial, and operations teams to define objectives, offer recommendations, and align project goals. Mentor and guide junior analysts, fostering their professional growth and skill development.
• Subject Matter Expertise: Provide in-depth knowledge of current Institutional Products and Fund Management to lead a team to innovate new products into the FAST platform
• Market Expertise: Leverage in-depth knowledge of the life insurance and annuity markets to analyze trends, regulatory changes, and competitive landscape. 
• Sales Support: Support early sales activities via subject matter and platform expertise
• Data Analysis & Reporting: Use data analytics to evaluate and improve business processes, identify performance metrics, and generate insightful reports. Regularly update clients and team on project deliverables and deadlines.
• Stakeholder Engagement: Serve as a lead contact between stakeholders, product owners and project teams. Ensure transparency, manage expectations, and support decision-making with clear information. 
• Process Improvement: Identify areas for process optimization and drive initiatives to enhance operational efficiency. Implement best practices and recommend tools or systems to streamline workflows and improve service delivery.
• Change Management: Assist in change management initiatives to ensure smooth transitions for stakeholders and users when implementing new systems or processes.
• Testing and Validation: Oversee the testing process to ensure that solutions meet business requirements, including user acceptance testing (UAT) and validation of deliverables.
• Change Management: Support change management efforts by preparing stakeholders for new systems and processes, providing training, and addressing any concerns.
• Strategic Planning: Contribute to strategic planning sessions, providing insights and recommendations based on data analysis and market trends.

• Bachelor's degree in business administration, finance, economics, or a related field (master’s degree or certifications are a plus).
• A minimum of 10  years of experience in business analysis, product ownership or consulting and working as part of agile teams driving technology improvements and implementations (having led projects preferred).
• Proficiency in industry-standard software and tools, such as SQL, Excel, Tableau, JIRA, Confluence, and business intelligence applications.
• Life Insurance domain knowledge
  • Knowledge of Institutional life insurance products with experience across at least some of,  Pension Risk Transfer, Stable Value, PAR, Investment products, term life, whole life, universal life, variable life, annuities, and group. Knowledge of the policy lifecycle and how different products are serviced over time. LOMA certifications are a plus.
• Soft Skills and Personal Attributes
  • Strong analytical skills to breakdown complex client objectives