AAA Life Insurance Company

Finance Product Owner

ID 2025-1935
Category
Operations
Position Type
Regular Full-Time
Remote
No
Location
US-MI-Livonia

Overview

The Finance Product Owner will own the vision, roadmap, and delivery of digital products and platforms that support the finance domain, including billing, payments, reconciliation, reporting, and compliance. This role bridges business strategy with technology delivery, ensuring financial systems are scalable, secure, and aligned with enterprise objectives. Partnering closely with Finance, Technology, and Operations stakeholders, the Product Owner will drive value creation through automation, modernization, and innovative solutions.

 

Responsibilities

Product Vision & Strategy

  • Define and maintain the finance product roadmap, aligned with business strategy and regulatory requirements.
  • Collaborate with the Director of Product Management and Finance leadership to prioritize initiatives based on business value, risk, and ROI.

Backlog & Delivery Management

  • Own and refine the product backlog, ensuring clear requirements, user stories, and acceptance criteria.
  • Partner with Engineering, QA, and Architecture teams to deliver high-quality solutions on time and within budget.
  • Support adoption of automation, APIs, and integration across finance systems.

Stakeholder Collaboration

  • Act as the primary liaison between Finance (Accounting, FP&A, Treasury, Compliance) and Technology teams.
  • Translate complex financial processes into product capabilities and technical requirements.
  • Ensure transparency and alignment across teams through consistent communication and demos.

Governance & Compliance

  • Ensure products meet security, compliance, and audit standards (e.g., SOX, GAAP, insurance regulations).
  • Partner with Risk and Compliance teams to manage financial controls and reporting obligations.

Continuous Improvement

  • Leverage data, KPIs, and feedback loops to improve financial product performance and user experience.
  • Stay current with fintech and insurtech trends, exploring opportunities for innovation. Success Measures
    • Improved financial process automation and accuracy.
    • On-time delivery of product features with measurable business value.
    • High satisfaction scores from Finance stakeholders.
    • Compliance with regulatory and audit standards.

Success Measures

• Improved financial process automation and accuracy.

• On-time delivery of product features with measurable business value.

• High satisfaction scores from Finance stakeholders.

• Compliance with regulatory and audit standards.

Qualifications

  • Bachelor’s degree in Finance, Accounting, Business, or related field. MBA or CPA/CFA is a plus.
  • 5–8 years experience as a product owner or business analysis, with at least 3 years in Finance, FinTech, or Insurance.
  • Knowledge: Strong understanding of financial processes (billing, payments, reporting, GL, reconciliation). Familiarity with ERP/financial systems (SAP, Oracle, Workday, NetSuite, etc.).
  • Skills: Agile product management (Scrum, SAFe, Kanban). Strong analytical and problem-solving skills. Ability to communicate across technical and non-technical teams.

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