Product Owner

Requirements Elicitation, Understanding, Analysis, & Management
• Understand the project's Vision and requirements, and contribute to the creation of the supplemental requirements, building the low-level technical specifications for a particular platform and/or service solution.Project Planning, Tracking, & Reporting• Estimate the tasks and resources required to design, create (build), and test the code for assigned module(s).• Provide inputs in creating the detailed schedule for the project.• Support the team in project planning activities, in evaluating risks, and shuffle priorities based on unresolved issues.• During development and testing, ensure that assigned parts of the project/modules are on track with respect to schedules and quality.• Note scope changes within the assigned modules and work with the team to shuffle priorities accordingly.• Communicate regularly with the team about development changes, scheduling, and status.• Participate in project review meetings.• Tracking and reporting progress for assigned modulesDesign:• Create a detailed (LLD) design for the assigned piece(s) with possible alternate solutions.• Ensure that LLD design meets business requirements.• Submit the LLD design for review.• Fix the detailed (LLD) design for the assigned piece(s) for the comments received from team.Development & Support• Build the code of high-priority and complex systems according to the functional specifications, detailed design, maintainability, and coding and efficiency standards.• Use code management processes and tools to avoid versioning problems.• Ensure that the code does not affect the functioning of any external or internal systems.• Perform peer reviews of code to ensure it meets coding and efficiency standards.• Act as the primary reviewer to review the application code created by software engineers to ensure compliance to defined standards. Recommend changes to the code as required.Testing & Debugging• Attend the Test Design walkthroughs to help verify that the plans and conditions will test all functions and features effectively.• Perform impact analysis for issues assigned to self and Software Engineers /Sr Engineers.• Actively assist with project- and code-level problem solving, such as suggesting paths to explore when testing engineers or software engineers encounter a debugging problem, and escalate urgent issues.Documentation• Review technical documentation for the code for accuracy, completeness, and usability.• Document and maintain the reviews conducted and the unit test results. Process Management• Adhere to the project and support processes.• Adhere to best practices and comply with approved policies, procedures, and methodologies, such as the SDLC cycle for different project sizes.• Shows responsibility for corporate funds, materials and resources. • Ensure adherence to SDLC and audits requirements.• Adhere to best practices and comply with approved policies, procedures, and methodologies.Coaching and Mentoring• Act as a technical subject matter expert for the internal team on areas such as system functionality and approach including solving systems operations issues, performance initiatives. Leverage existing knowledge and expertise in multiple ways.• Build team skills using formal and/or informal training sessions.• Create and maintain knowledge repositories for lessons learnt and developments in the respective domains.

Job Summary:
We are seeking an experienced Product Owner to drive the transformation of annuity administration systems as part of a strategic modernization initiative. This role requires a deep understanding of annuity product lifecycles, strong collaboration with cross-functional teams, and the ability to understand and interpret SQL/PLSQL-based system behavior to ensure accurate requirement translation and delivery. The ideal candidate is business-savvy, technically literate, and comfortable leading agile teams through platform modernization efforts.
Key Responsibilities:
Product Ownership & Backlog Management
Own and manage the product backlog for annuity system modernization workstreams
Define, prioritize, and refine epics, features, and user stories in collaboration with business and IT stakeholders
Ensure user stories are well-articulated with clear acceptance criteria and business context
Serve as the voice of the customer and subject matter expert for annuity operations
Technical Collaboration
Collaborate with development and QA teams to ensure functional alignment and story readiness
Understand SQL/PLSQL logic within the legacy system to help validate business rules and support requirement clarity
Participate in solution design sessions, sprint planning, and backlog grooming
Review queries and data outputs to validate business logic and assist in debugging
Domain-Specific Responsibilities
Represent annuity-specific business processes such as:
Policy onboarding
Contract maintenance and rider management
Interest crediting, annuitization, and withdrawals
Commission processing and agency management
Regulatory and compliance rules (e.g., RMDs, 72(t))
Work with stakeholders from product, operations, actuarial, compliance, and distribution
Required Skills & Qualifications:
8+ years of experience as a Product Owner, Business Analyst, or similar role in the annuity or retirement products domain
Strong understanding of annuity product types: Fixed, Variable, Indexed, and their associated riders
Ability to read and interpret SQL/PLSQL logic to understand backend rules and data behaviors
Hands-on experience working in Agile/Scrum environments
Proven track record of delivering complex system changes with cross-functional collaboration
Soft Skills:
Strong communicator with ability to translate between business and technical language
Detail-oriented and organized with a focus on delivering business value
Confident in leading discussions, driving clarity, and making trade-off decisions

Location:

This position can be based in any of the following locations:

Gurgaon

For internal use only:

R000107274