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Product Analyst

Reference PE003250
Location Gauteng, Centurion
Salary Interval Monthly
Package None-negotiable
Description 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!


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.
Responsibilities:
  • 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.
Please be advised that if you do not receive a response within two weeks of applying, you may consider your application unsuccessful.

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