Product Analyst

SUMMARY:
Our client, a market leader in the Insurance space, is currently looking to employ an experienced Product Analyst to their team in Centurion (Gauteng).

3+ years of experience working in a Business Analysis or Product Team in Long-Term Life Insurance or Reinsurance secures.

An awesome career opportunity awaits you!

POSITION INFO:
Requirements:

• Related Degree or Diploma.
• 3+ years of experience working in a Business Analysis or Product Team in Long-Term Life Insurance or Reinsurance.
• In-depth knowledge of Life Insurance products and processes, including product rules, premium rates and charges, value calculations, and investment structures.
• Business analysis or actuarial specialist experience preferred.
• Experience in SQL.
• Advanced Excel skills.
• Financial / Statistical mathematics knowledge.
• Hybrid Position.

• Gather and interpret requirements from key stakeholders/customers in line with business analysis and existing product team frameworks.
• Analyse product and business requirements and validate and translate these into clear and effective requirement specifications for each impacted development area.
• Ensure that requirements and business process specifications are documented and presented in line with both current best practices and existing product team specification frameworks.
• In collaboration with project and testing teams, oversee the quality delivery of requirements and business process specifications that meet the agreed deliverables, in line with best practices and business processes.
• Ensure that requirements and business process specifications are reviewed, validated, tested, and approved by relevant stakeholders at each stage in the development cycle, from conceptual to end product.
• Participate in the conceptual solution design process to make recommendations that create and enhance solutions that are innovative, duplicable, sustainable, and solve complex business problems.
• Collaborate closely with all stakeholders and solutions teams in an ongoing process from end to end to ensure delivery requirements and expectations remain current and adaptive to the changing environment.
• Participate in User Acceptance Testing and guide users to ensure that the designed solution ultimately meets business requirements.
• Manage change requests and queries, collaborating with all stakeholders, facilitating the prioritization of changes to specifications and processes, and ensuring that queries and changes are tracked and accurately resolved.
• Use scenario testing and test cases to ensure that testing covers all aspects of the business specification and anticipated processes.
• Keep abreast of relevant legislative, IT, and business trends and practices to optimize service offerings and minimize risk.
• Make recommendations to improve client service and ensure fair treatment of clients within the area of responsibility.
• Participate and contribute to a culture that builds rewarding relationships, facilitates feedback, and provides exceptional client service.
• Drive client service delivery goal achievement in line with predefined standards to ensure that clients receive appropriate advice and after-sales service.
• Contribute to creating a positive work climate and culture to energize employees, give meaning to work, minimize work disruption, and maximize employee productivity.
• Foster innovation, change agility, and collaboration within the team.
• Identify solutions to enhance cost-effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.