Product Consultant, P&C Insurance

Brookfield Wealth Solutions, Ltd•Chicago, IL

3d•$96,000 - $120,000•Onsite

About The Position

The Product Consultant plays a key role in driving the development and delivery of strategic product initiatives within the Property & Casualty (P&C) insurance space. This role focuses on leading complex, large-scale projects, managing third-party vendor relationships, and partnering closely with Agile teams to deliver high-impact business outcomes. The ideal candidate combines strong product acumen, project leadership, and cross-functional collaboration skills to translate business strategy into executable product solutions. This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Requirements

Bachelor’s degree in Business, Finance, Insurance, or related field
4 - 8+ years of experience in insurance (P&C preferred), product management, or consulting
Demonstrated experience leading large-scale, cross-functional initiatives
Strong understanding of Agile methodologies and product delivery frameworks
Experience building and maintaining effective partnerships with third-party vendors and external business partners.
Excellent analytical, problem-solving, and communication skills

Nice To Haves

Experience working in P&C insurance products (e.g., policy administration, claims, billing, underwriting)
Familiarity with Agile frameworks such as Scrum or SAFe
Experience with digital transformation, platform modernization, or system implementations

Responsibilities

Lead the planning and execution of large-scale product initiatives aligned with organizational goals and customer needs
Translate strategic objectives in order to influence product roadmaps, features, and deliverables
Partner with leadership to identify opportunities for product innovation, operational efficiency, and market differentiation
Ensure alignment between product vision, regulatory requirements, and business priorities
Act as a key liaison between business stakeholders and Agile delivery teams (Scrum/SAFe)
Define and refine product requirements, user stories, and acceptance criteria
Participate in Agile ceremonies including sprint planning, backlog grooming, demos, and retrospectives
Support prioritization of the product backlog to maximize value delivery and maintain alignment with strategic objectives
Develop a strong understanding of data and reporting functions, leveraging insights and influencing outcomes to support business objectives and informed decision-making.
Provide ongoing guidance to development teams to ensure solutions meet business and customer expectations
Manage end-to-end execution of complex, cross-functional initiatives involving multiple stakeholders
Coordinate across business units, IT, underwriting, claims, and operations to ensure seamless delivery
Identify risks, dependencies, and constraints, and proactively drive resolution
Track progress against milestones, budgets, and timelines; provide regular updates to leadership
Oversee relationships with external vendors, including technology providers, data partners, and consulting firms
Define scope, expectations, and performance metrics for vendor deliverables
Ensure vendor solutions align with internal architecture, compliance, and business requirements
Monitor vendor performance, manage contracts, and resolve issues to maintain delivery quality and timelines
Serve as a trusted advisor to internal stakeholders across product, IT, actuarial, underwriting, and operations
Communicate complex concepts clearly to both technical and non-technical audiences
Facilitate decision-making by providing data-driven insights, trade-off analysis, and recommendations
Drive alignment across competing priorities and stakeholder perspectives
Participate in Regional Strategy Team discussions to help ensure the product roadmaps align with the key strategic needs of each region.