Momentum - Product Analyst
Job Title - Product Analyst
Position Type - Permanent
Role Family - Information Technology
Cluster Momentum Life
Remote Opportunity - Some of the time
Location - Country - South Africa
Location - Province - Gauteng
Location - Town / City - Centurion
Introduction
- Through our client-facing brands Metropolitan and Momentum, with Momentum Multiply (our wellness and lifestyle rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.We help people grow their savings, protect what matters to them and invest for the future. We help companies and organizations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilizing new platforms Momentum Metropolitan provides practical financial solutions for people, communities, and businesses. Visit us at www.momentummetropolitan.co.za
Disclaimer
- As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
- We are looking for an enthusiastic individual with strong analytical skills 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. The role will require strong interpersonal communications skills, with the ability to relate and engage equally with actuarial, retail administration and finance specialists, and to communicate with each stakeholder area at their respective level. As well as strong Business Analysis skills, a working familiarity with the full product rules value chain will be required.
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About You:
Qualifications, Skills and Experience:
Related Degree
- Financial / Statistical mathematics
- In depth knowledge of Life Insurance products and processes, including product rules, premium rates and charges, values calculations and investments structures
- Advanced Excel
- Business analysis or actuarial specialist experience preferred
- Experience in SQL
- 3+ years’ experience working in a Business Analysis or Product Team in Long Term Life Insurance or Reinsuranc
Duties & Responsibilities
Responsibilities and work outputs
- Analyse product and business’ requirements and validate and translate these into clear and effective requirement specifications, for each impacted development area.
- 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 documented and presented in line with both current best practice, and existing product team specification frameworks
- 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.
- 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.
- 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.
- Participate in User Acceptance testing and guide users to ensure that the designed solution ultimately meets business requirements.
- Drive client service delivery goal achievement in line with predefined standards in order to ensure that clients receive appropriate advice and after sales service.
- 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
- Make recommendations to improve client service and fair treatment of clients within area of responsibility.
- Manage financial and other company resources under your control with due respect.
- Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
- Contribute to creating a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.
- Drive client service delivery goal achievement in line with predefined standards in order to ensure that clients receive appropriate advice and after sales service.
- Be and encourage innovation, change agility and collaboration within the team.
- Identify solutions to enhance cost effectiveness and increase operational efficiency.
- Gather and interpret requirements from key stakeholders/customers in line with business analysis and existing product team frameworks.
Competencies
- Openness
- Responsive to change, encourage and support innovation
- Strong listening skills
- Client Centric / Focused
- Diversity and Inclusive
- Business Acumen
Result oriented
Closing Date: Not Yet Known
Important
Don't miss this opportunity to start your career at Product Analyst !
Interested and qualified candidates can apply through the following application link.