Senior Product Development Business Analyst

Summary
The Senior Product Development Business Analyst supports product development initiatives for Prosperity Life’s annuity and life insurance portfolio by managing product requirements, documentation, and cross-functional coordination from concept through launch. This role partners closely with Actuarial, Legal, Compliance, IT, Operations, and external third-party administrators to translate product strategy into clear, executable specifications and support timely, well-governed product delivery.

The ideal candidate demonstrates strong insurance product knowledge, disciplined execution skills, and the ability to work across organizational boundaries. This role also plays a key part in post-launch execution by maintaining product documentation, supporting operational readiness, and ensuring ongoing alignment as products move into steady-state administration.

Key Responsibilities, Product Requirements, & Documentation
- Develop and maintain Preliminary Product Offering (PPO) documents that translate product concepts into structured specifications.
- Support and contribute to Business Requirements Document (BRD) development, ensuring requirements are clear, complete, and aligned with approved product design.
- Maintain requirements traceability and documentation accuracy throughout development, testing, launch, and post-launch changes.

Cross-Functional Coordination
- Coordinate activities and information flow across Actuarial, Legal, Compliance, IT, Operations, and third-party administrators.
- Support tollgate reviews, decision tracking, and approval coordination across the product development lifecycle.
- Track risks, dependencies, and action items, escalating issues as needed to support delivery timelines.

Contract & Administrative Support
- Assist with contract development and administration activities, including drafting supporting documentation and coordinating reviews.
- Track responses, approvals, and execution status, helping to resolve delays or outstanding items.
- Support alignment between contract terms, product specifications, and implementation timelines.

Regulatory, Launch & Day-Two Support
- Support coordination of regulatory filing activities, including tracking state filing and approval status.
- Assist with responses to DOI inquiries and monitor approval timelines.
- Support launch readiness and post-launch execution by maintaining product documentation, supporting operational questions, and coordinating updates or enhancements as products move into steady-state administration.

Continuous Improvement
- Identify opportunities to improve product development processes, documentation standards, and cross-functional coordination.
- Contribute to the development of repeatable templates, tools, and institutional knowledge to support scalability.

Required Qualifications
- Strong understanding of annuity and/or life insurance products, features, and regulatory requirements.
- Experience in business analysis, product development, or product implementation within the insurance industry.
- Demonstrated ability to produce high-quality business and technical documentation.
- Ability to work effectively across multiple functions and with external partners.
- Strong organizational skills, attention to detail, and follow-through.
- Clear written and verbal communication skills.
- Ability to manage multiple priorities in a dynamic environment.