Product Owner with GAAP Frederick, MD 21701
ramashish kumar
Hi,
Kindly share your updated resume if you are good with the JD below. I will be happy to share more information.
Role : Product Owner
Location: 3275 Bennett Creek Avenue, Frederick, MD 21701
Duration: 6 months
Role Descriptions: IFRS to US GAAP (Product Owner)Role SummaryThe US GAAP Product Owner at Banner Life Insurance is responsible for driving the design and delivery of financial reporting solutions compliant with US GAAP standards| with a strong focus on LDTI (ASU 2018-12). This role bridges Finance| Actuarial| and Technology teams to ensure accurate| audit-ready reporting for life insurance products.Key ResponsibilitiesOwn and manage the product backlog for US GAAP financial reporting systems aligned with LDTI requirements.Translate actuarial models and accounting requirements (ASC 944) into clear user stories and technical deliverables.Ensure accurate reporting of insurance liabilities| DAC| and premium revenue.Collaborate with Finance| Actuarial| IT| and Compliance teams to align product roadmap.Validate financial outputs to meet audit and regulatory standards.Support LDTI transformation initiatives and ongoing enhancements.Required SkillsStrong expertise in US GAAP (ASC 944| LDTI ASU 2018-12| CECL)Experience in Life Insurance Annuities domainAgile Product Owner experience (Scrum SAFe)Knowledge of policy administration systems financial reporting platformsStrong stakeholder management and communication skills
Essential Skills: IFRS to US GAAP (Product Owner)Role SummaryThe US GAAP Product Owner at Banner Life Insurance is responsible for driving the design and delivery of financial reporting solutions compliant with US GAAP standards| with a strong focus on LDTI (ASU 2018-12). This role bridges Finance| Actuarial| and Technology teams to ensure accurate| audit-ready reporting for life insurance products.Key ResponsibilitiesOwn and manage the product backlog for US GAAP financial reporting systems aligned with LDTI requirements.Translate actuarial models and accounting requirements (ASC 944) into clear user stories and technical deliverables.Ensure accurate reporting of insurance liabilities| DAC| and premium revenue.Collaborate with Finance| Actuarial| IT| and Compliance teams to align product roadmap.Validate financial outputs to meet audit and regulatory standards.Support LDTI transformation initiatives and ongoing enhancements.Required SkillsStrong expertise in US GAAP (ASC 944| LDTI ASU 2018-12| CECL)Experience in Life Insurance Annuities domainAgile Product Owner experience (Scrum SAFe)Knowledge of policy administration systems financial reporting platformsStrong stakeholder management and communication skills
Skills: Product Owner
Experience Required: 8-10
Role Summary
The US GAAP Product Owner at Banner Life Insurance is responsible for driving the design and delivery of financial reporting solutions compliant with US GAAP standards, with a strong focus on LDTI (ASU 2018-12). This role bridges Finance, Actuarial, and Technology teams to ensure accurate, audit-ready reporting for life insurance products.
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Key Responsibilities
• Own and manage the product backlog for US GAAP financial reporting systems aligned with LDTI requirements.
• Translate actuarial models and accounting requirements (ASC 944) into clear user stories and technical deliverables.
• Ensure accurate reporting of insurance liabilities, DAC, and premium revenue.
• Collaborate with Finance, Actuarial, IT, and Compliance teams to align product roadmap.
• Validate financial outputs to meet audit and regulatory standards.
• Support LDTI transformation initiatives and ongoing enhancements.
________________________________________
Required Skills
• Strong expertise in US GAAP (ASC 944, LDTI – ASU 2018-12, CECL)
• Experience in Life Insurance / Annuities domain
• Agile Product Owner experience (Scrum / SAFe)
• Knowledge of policy administration systems & financial reporting platforms
• Strong stakeholder management and communication skills
Regards
Ramashish Kumar
Valzo Soft Solutions LLC
A: 12600 Deerfield Parkway ,
Suite -2123, Alpharetta, GA-30004
LinkedIn : linkedin.com/in/ramashishkumar86