BA/Product Owner - Insurance Wealth Management

Preferred Locations – New York, New Jersey, Connecticut

• Established yet entrepreneurial – with over 20 years of success and a proven record on the London Stock Exchange, Alpha offers the stability of an established consultancy with the energy of a fast-growth business.
• Backed by Bridgepoint – as part of one of the world’s leading growth investors, Alpha benefits from strategic investment that fuels innovation, expansion and new offerings – creating even more opportunity for our people.
• Exposure to senior leadership – whether you are in an internal or a client facing role, you will have the opportunity to work with and learn from the best of the best – high performers at the top of their game.
• Learning and growth opportunities – we run tailored training to help you be successful, provide you excellent mentorship, and offer up to 5 days paid training time per year. Perhaps the best training though is the experience on the job – as everyone at Alpha has high responsibility and autonomy, you can develop your skillsets quickly.
• Performance-driven culture with real impact – advancement at Alpha is based on impact and capability, not tenure or quotas. You’ll have autonomy and see the tangible difference your ideas and decisions make.

Roles and Responsibilities:

We have a fast-growing team of dedicated consultants with deep experience from working both within the industry and consulting. Successful candidates should expect a diverse range of complex and strategic engagements across the Insurance market. As we continue to expand our client base and expertise, we are looking for individuals to join our team to support our growth journey. We are seeking a highly skilled and experienced Business Analyst with a strong focus on Wealth Management Servicing within the Insurance Life and Annuity sector. The ideal candidate will possess deep expertise in the operational and data requirements of wealth management products, acting as a crucial liaison between our wealth management clients/product owners and the internal SaaS development teams. This role is central to translating complex client and product needs into actionable technical requirements that enhance our wealth management product offerings. Please see below an outline of the responsibilities of the role as well as the requirements.

As a BA/Product Owner, you will be responsible for: 

• Serve as the primary subject matter expert (SME) to gather, analyze, and document business and functional requirements from Wealth Management stakeholders and Product Teams.
• Focus on the servicing lifecycle of life and annuity wealth products, including transfers, rollovers, distributions, beneficiary changes, and regulatory compliance requirements.
• Develop detailed documentation, including user stories, process flows, data mappings, and functional specifications for the SaaS development team.
• Collaborate closely with the product team, developers, and QA to ensure a clear understanding of the wealth management needs and successful implementation of features.
• Drive the execution of wealth management client needs by translating product vision into technical user stories and managing the feature backlog.
• Participate in sprint planning, testing, and deployment activities, ensuring delivered solutions meet business requirements and quality standards.
• Analyze and define the forms, data requirements, and data standards necessary for seamless wealth management servicing and regulatory reporting.
• Act as the bridge between technical teams and business units, ensuring clear and consistent communication on project status, risks, and changes.

We want to hear from people with: 

• A Bachelor’s Degree in Business, Finance, or related fields along with at least 4 years of experience as a Business Analyst or similar within Wealth Management, Brokerage, or Financial Services.
• Experience working within the Insurance Life and Annuity carrier environment.
• Deep operational knowledge of Wealth Management servicing processes, including account opening, maintenance, transaction processing, and data requirements for regulatory forms and client statements.
• Proven ability to translate complex business needs into technical specifications for SaaS product development teams.
• Prior experience in defining integration requirements with major custodians/clearing firms, such as Pershing, Fidelity, and Schwab, is highly preferred.
• Strong understanding of agile methodologies (Scrum/Kanban).
• Exceptional analytical, communication (written and verbal), and problem-solving skills.

Other info:

• May require infrequent travel to client sites

Compensation and Perks:

As part of the Alpha team, you will be rewarded with the following: 

• Competitive salary with annual profit-sharing opportunity 
• 401k matching 
• 25 days of annual paid time off  
• Supplemented medical, dental and vision coverage 
• Reimbursement for commuting, mobile phone, and home internet expenses 
• Choice of laptop 
• North America team-wide training and retreats 
• Sponsorship towards professional certifications / training supported with 5 days of paid training time