Job Description

A leading organisation is looking for a Product Business Analyst to join their team. The main purpose of the role is to assist in the realization of Business Strategy, through the understanding and clear communication of product requirements to all impacted stakeholders. This key position in a dynamic Product team, will provide an essential bridge between actuarial life product requirements and the IT team, facilitating the efficient maintenance and development of IT solutions to meet all product requirements as envisaged.

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 practice, 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 process.
• 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 to create and enhance solutions that are innovative, duplicable, and 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, and facilitate prioritization of changes to specifications and processes, and ensure that queries, 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 optimise service offering and minimise risk.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Drive client service delivery goal achievement in line with predefined standards in order to ensure that clients receive appropriate advice and after sales service.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.

Requirements:

• 3+ years' experience working in Product Team in Long Term Life Insurance, or Re-Insurance.
• In depth knowledge of Life Insurance products and processes, with emphasis in Product Rules, Premium Rates & Charges, Values Calculations, Investments Structures.
• 5+ years IT / BA or actuarial specialist experience.
• Experience / Certification in SQL.
• Advanced Excel.
• Agile methodology or similar.
• Workflow (e.g., AWD).
• Testing methodologies & tools.
• Financial / Statistical mathematics.

EE Disclaimer: Kindly note that all positions will be filled in accordance with the Company's Employment Equity plan. We also encourage people with disabilities to apply.

Application Unsuccessful Disclaimer: Should you not receive feedback on your application with us within a period of 2 weeks of submission, you may consider your application as being unsuccessful. Please keep an eye on our website and other career sites for future opportunities that may arise.

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