Sr. Product Factory Specialist
Philadelphia Insurance Companies · Bala-Cynwyd, PA · 1 wk ago
Business DevelopmentFull-time
About the role
Senior Product Factory Specialist coordinates Product Factory activities and communications between Actuarial, Compliance, IT, and Underwriting throughout the lifecycle of Product and Policy Administration System changes.
A typical day will include the following:
- Business consultant on activities and functions supporting business process, organizational design, needs assessments, and cost/benefit analysis aligning business strategies with information technology solutions.
- Contributes, as a subject matter authority, to the analysis and design of business projects understanding organizational structures, roles, responsibilities, governance, staffing, and sourcing to support business goals, strategies, and process architecture.
- Oversee and coordinate multiple product factory projects, ensuring alignment with organizational goals and objectives. Participates in complex planning processes across multiple departments or business units.
- Act as a liaison between IT and business units to facilitate clear and effective communication.
- Coordinates across teams for project prioritization, ensuring that all impacted areas and dependencies are informed.
- Informs and supports stakeholders regarding communication, notifications, or training activities related to project changes or updates.
- Champions organization-wide change.
- Coordinate and support User Acceptance Testing (UAT) and Postproduction Validation (PPV) to ensure the quality and success of project outcomes.
- Serve as the first point of contact for IT requirements or development clarifications, coordinating interactions and providing guidance as needed.
- Assist in review of insurance product changes and coordinate between compliance, actuarial, IT, and underwriting units.
Requirements
- Bachelor’s degree in business administration, Project Management, Risk Management, Information Technology, or a related field.
- Minimum 5 years’ experience managing business or IT requirements across products, programs, or processes.
- 5 years commercial underwriting or product management experience preferred.
- 7 years’ experience with ISO-based insurance products is preferred.
- Strong understanding of project management principles and methodologies.
- Excellent communication and interpersonal skills, with the ability to engage and collaborate with cross-functional teams.
- Strong problem-solving skills and the ability to make decisions under pressure.
- Ability to adapt and support organizational change and advancement across business and technology.
Benefits
- Comprehensive benefit package, including tuition reimbursement and a generous 401K match.
- Paid vacation.
- Medical benefits.
- Educational incentives.
- Family-friendly benefits.
- Investment incentives.
- Volunteer benefits.
Our rich history of outstanding results and growth allows us to focus on continued growth, new products, people development, and internal career opportunities.