Product Analyst - $64,000 - $84,000 A Year (Winnipeg)

Product Analyst - $64,000 - $84,000 A Year (Winnipeg)

19 Sep
|
Foresters Financial
|
Winnipeg

19 Sep

Foresters Financial

Winnipeg

Product AnalystPurpose of roleThe Product Analyst supports product development for US and Canadian products by analyzing, developing, designing, and supporting product specifications, rules, rates, and training for new and existing products, enhancements, and related functions, including projects and day-to-day operations.Key ResponsibilitiesResearch, draft and refine insurance contracts and regulatory forms to ensure compliance, clarity, and consistency with product plan design and regulatory requirements.Use product and regulatory knowledge to support regulatory filings and approval functions, including review of filings, objections, and interpretation of regulatory requirements.Seek opinions and assistance from various levels of management, business, legal, and peers.Support product initiatives and enhancements by evaluating and applying industry and Foresters-specific knowledge and best practices within the product development life cycle.Use knowledge of processes to support projects, enhancements, day-to-day operations, inquiries related to product rules and processes, and improve procedures while ensuring product integrity and regulatory compliance.Participate in stages of quality assurance testing of product rules, including review of test criteria, contract content, data validation, processes, and system changes.Collaborate with stakeholders, subject matter experts, and project teams to define functional and business process improvements, and provide recommendations for sound decision-making.Key Qualifications & SkillsEducation (minimum required):



University degree or college diploma.LOMA designation or other industry accreditation.Paralegal background an asset.Experience (minimum required): 5-10 years in operations, actuarial, product, or business analysis roles.Strong life insurance background and technical writing or legal background an asset.Attention to detail and strong analytical, writing, and communication skills.Knowledge of US and/or Canadian life insurance and annuity products and regulations.Broad understanding of Foresters products, functions, and systems an asset.Functional knowledge of the product development life cycle.Strong knowledge of building and maintaining products on the administration system, including contracts, calculations, product rules, and rate structures.Ability to multi-task and prioritize to meet deadlines in a demanding, fast-paced environment.Excellent facilitation and interpersonal skills and ability to work independently.Commitment to a robust culture of ethics, compliance, and risk identification and management.Willingness to learn new concepts and technologies, adapt to changes and demands related to product design, development, and implementation.Ability to assess impacts on business processes and product development/management processes.Salary Range$64,000.00 – $84,000.00 (base salary). Eligible employees may be eligible for a discretionary variable incentive plan based on individual and company performance.Equal Opportunity Employment and InclusionForesters Financial is committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all employees can show up wholly and authentically as themselves.#J-18808-Ljbffr

📌 Product Analyst - $64,000 - $84,000 A Year (Winnipeg)
🏢 Foresters Financial
📍 Winnipeg

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