Product Owner, Senior Associate - Annuity & Life Insurance

About Luma Financial Technologies

Founded in 2018, Luma Financial Technologies ("Luma") has pioneered a cutting-edge fintech software platform that has been adopted by broker/dealer firms, RIA offices, and private banks around the world. By using Luma, institutional and retail investors have a fully customizable, independent, buy-side technology platform that helps financial teams more efficiently learn about, research, purchase, and manage alternative investments as well as annuities. Luma gives these users the ability to oversee the full, end-to-end process lifecycle by offering a suite of solutions. These include education resources and training materials; creation and pricing of custom structured products; electronic order entry; and post-trade management. By prioritizing transparency and ease of use, Luma is a multi-issuer, multi-wholesaler, and multi-product option that advisors can utilize to best meet their clients' specific portfolio needs. Headquartered in Cincinnati, OH, Luma also has offices in New York, NY, Miami, FL, Zurich, Switzerland and Lisbon, Portugal. For more information, please visit Luma's website.

Role Overview


We are looking for a detail-oriented and execution-focused Product Owner, Senior Associate, with a strong understanding of product development within the Life Insurance and Annuity industry. This role is responsible for executing the product lifecycle from design through launch, implementation, and ongoing support. The position requires a blend of technical understanding, client focus, and cross-functional coordination to ensure smooth execution of product initiatives.


The Product Owner, Associate, will work closely with cross-functional teams to drive customer centered design, manage product backlogs, translate stakeholder requests into actionable user stories, and support the timely and accurate delivery of roadmap projects. The role requires strong communication skills and the ability to manage competing priorities while ensuring transparency in product development progress.


Key Responsibilities


1. Product Execution & Delivery

• Assist in executing the product vision and roadmap, ensuring alignment with Luma's growth strategy.

• Coordinate efforts across product teams to ensure streamlined execution of initiatives.

• Support the prioritization of product features and enhancements that drive adoption, efficiency, and scalability for financial professionals.

• Break down large initiatives into an overall project workplan with smaller, manageable tasks, assign them to development teams, and drive progress

• Ensure backlog items are clearly defined, ordered, and up to date for team meetings.

2. Stakeholder & Team Coordination

• Translate stakeholder requests into detailed user stories and functional requirements for development teams.

• Collaborate with the VP, Product Owner, and engineering teams to support sprint planning and backlog grooming.

• Provide ongoing updates to internal and external stakeholders on product progress, timelines, and expectations.

• Assist in refining requirements, running sprint rituals, testing, and coordinating releases.

3. Platform Development & Integration

• Work with engineering teams to support the development and integration of scalable, modular solutions.

• Ensure proper API integration and alignment with wealth management platforms, custodians, and trading systems.

• Assist in identifying and mitigating technical challenges to maintain platform stability and scalability.

4. Cross-Functional Collaboration

• Support sales and marketing teams in articulating product value propositions.

• Collaborate with customer success teams to enhance product adoption and client satisfaction.

• Maintain close alignment between business and engineering teams to drive seamless product execution.

Qualifications & Experience


Must-Have Skills & Experience:

• 5+ Years working for Carrier, IMO, BGA or other Insurances related companies

• Deep financial product knowledge in Annuity and Life Insurance

• 3+ Years years of experience as a Product Owner, Business Analyst, or similar role in financial technology or life insurance and annuity product development.

• Familiarity with CRM, carrier, and distribution firm integrations.

• Strong understanding of human centered design and agile disciplines

• Ability to translate business needs into structured requirements and backlog items.

• Strong analytical and problem-solving skills, with a detail-oriented and data-driven approach.

Preferred Qualifications:

• Experience working in product or competitive intelligence roles at Insurance Carriers

• Experience working in high-growth SaaS environments.

• Experience working with engineering teams on integrations, product development, or workflow automation.

• Expertise in product development software, including JIRA and Figma

• Strong communication and organizational skills, with experience engaging internal stakeholders and development teams.