Consultant II
UST Global
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ID: 60181
12 - 15 Years
1 Opening
Trivandrum
Role description
Job Title: Technical Product OwnerJob Summary
We are seeking a highly experienced Technical Product Owner with deep expertise in life insurance and reinsurance administration systems. The ideal candidate will possess strong operational knowledge of insurance processes, platform modernization, and legacy system management. This role will act as a critical bridge between business, actuarial, and engineering teams, driving platform evolution, migration, and high-quality delivery.
Key Responsibilities
Own and manage the product backlog, roadmap, and release planning for life insurance/reinsurance platforms.
Drive end-to-end platform delivery, balancing client requirements, regulatory needs, and technical priorities.
Lead platform migration and modernization initiatives, including dependency mapping, sequencing, and rollback strategies.
Work closely with engineering teams to review architecture, APIs, database design, and deployment pipelines.
Manage legacy systems with multiple client-specific variants, ensuring maintainability and consistency.
Collaborate across engineering, QA, operations, actuarial, and business teams to ensure aligned execution.
Translate business needs into clear technical requirements, user stories, and acceptance criteria.
Ensure smooth coordination across development, testing, and production support teams.
Provide inputs into system design, solution architecture, and technical decision-making.
Maintain awareness of regulatory requirements and ensure system compliance.
Drive continuous improvement, platform standardization, and process optimization initiatives.
Required Skills & Experience
Strong understanding of life reinsurance administration systems, including: Treaty structures
Premium and claims processing
Billing cycles and settlements
Regulatory reporting
Experience working with enterprise insurance/reinsurance platforms
Proven experience managing legacy codebases with multiple variants/forks
Hands-on experience in platform migration and transformation programs
Strong technical fluency: Ability to read and interpret architecture documents
Understanding of APIs, database schemas, and system integration
Familiarity with CI/CD and deployment pipelines
Experience in Agile delivery, backlog management, and prioritization
Strong stakeholder management and cross-team coordination skills
Ability to work with and align business, technical, and operational teams
Strong documentation and specification writing skills
Preferred Qualifications
Exposure to US GAAP / Statutory reporting for life insurance
Understanding of actuarial concepts such as reserving, cashflow modeling, and experience studies
Experience working in insurance domain transformation or digital modernization programs
Familiarity with ITIL processes and production support environments
Certifications in Agile (CSM, SAFe), Product Ownership, or Program Management
Key Competencies
Strategic thinking and decision-making
Technical-business alignment
Stakeholder communication and influence
Problem-solving in complex environments
Adaptability in legacy-to-modern transformation
Skills
change management,product management,life insurance,legacy system,regulatory domain,