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  1. Home
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  5. Product Analyst
Banner Life family of companies | life insurance logo

Product Analyst

Not Disclosed•Full-TimeHybrid

location_onTabler Road, Riverwood, Urbana, Frederick County, Maryland, 21704, United States

Apply Now

About Banner Life

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities—not just today, but long-term as well. Our people are the driving force behind everything we achieve; their passion, purpose, and pursuit of innovation empower us to deliver cutting-edge solutions that support those we serve.

We are a forward-thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand. We are here for you, here for good, and here for better.

About the Role

The Product Analyst plays a pivotal role in supporting the Product & Transformation function to deliver digital-first, data-driven products and journeys that align with Banner Life’s business strategy. This position exists to bridge the gap between business problems, customer needs, and performance data, translating them into actionable solutions and measurable outcomes.

In this role, you will partner closely with Product Managers and Digital Platform Owners to guide product prioritization and enable effective backlog management. You will ensure product roadmaps are prioritized based on value, risk, and impact, directly supporting Banner Life’s goal of delivering best-in-class experiences for customers, agents, and partners. Your day-to-day involves analyzing product performance and market trends to identify optimization opportunities, collaborating with UX/CX designers to test hypotheses, and documenting workflows to support business readiness. You will be a key voice in defining OKRs and KPIs, ensuring that data insights drive value realization across the organization.

Hiring Process & Application

We invite you to apply if you are ready to contribute to a team that values diversity and continuous improvement. Our interview process is designed to assess both your technical capabilities and your cultural fit within our collaborative environment.

Equal Opportunity Employer

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.

Work location

Work model: Hybrid

location_on

Tabler Road, Riverwood, Urbana, Frederick County, Maryland, 21704, United States

Urbana, Maryland

Key Responsibilities

  • check_circleSupport detailed quantitative and qualitative analysis on product performance and market trends
  • check_circleCollect business requirements and construct user stories with clear acceptance criteria
  • check_circleFacilitate accurate product backlog grooming and prioritization aligned to roadmaps
  • check_circlePartner with UX designers to test hypotheses and deliver data-backed recommendations
  • check_circleDocument current and future state workflows and integration touchpoints
  • check_circleAssist in risk and issue tracking across pods, products, and journeys
  • check_circlePartner with Change & Adoption teams to ensure product launch readiness
  • check_circleMonitor digital KPIs to identify trends or anomalies for escalation to leadership
  • check_circleProvide data analysis to define OKRs and KPIs for value realization

Requirements

  • verifiedBachelor's degree or equivalent in business, data analytics, or IT
  • verified2–4 years product/business analysis experience
  • verified4+ years financial services/insurance experience preferred
  • verifiedFoundational understanding of Agile frameworks (Scrum, SAFe)
  • verifiedFamiliarity with Power BI, Tableau, Google Analytics, or Adobe Analytics
  • verifiedProficiency with JIRA and Confluence

Nice to Have

4+ years of experience in financial services, insurance, or related digital transformation environments.

Benefits & Perks

check_circleHealth, life, and dental insurancecheck_circle401K with company match up to 6%check_circlePension packagecheck_circle15 vacation days and 10 sick days accrued bi-weekly9 paid holidays throughout the calendar year
Banner Life family of companies | life insurance cover image
Banner Life family of companies | life insurance logo
Company

Banner Life family of companies | life insurance

Industry

Insurance Carriers

Headquarters

Frederick, Maryland

Open Roles

1

Here for you. Here for good. Here for better.

Banner Life family of companies, headquartered in Frederick, Maryland, operates within the insurance carriers industry with a legacy dating back to 1949. The organization comprises two distinct entities: Banner Life Insurance Company, which provides coverage to policyholders and annuitants across 49 states and the District of Columbia, and its wholly-owned subsidiary, William Penn Life Insurance Company of New York. William Penn products are exclusively available within New York, while Banner Life does not conduct business in that state. The company focuses on delivering term life insurance and retirement solutions designed to support individuals and families. Recent data highlights the organization's operational scale, noting that 99% of term life insurance claims were paid to nearly 4,000 families, while retirement security was secured for over 35,000 annuitants in 2024. This structure allows the Banner Life family of companies to serve a broad demographic with a commitment to reliability and financial protection during critical moments.

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Skills, education and keywords

Skills: Agile, Scrum, Safe, Power Bi, Tableau, Google Analytics, Adobe Analytics, Jira, Confluence.

Education: Bachelor's degree or equivalent combination of education and experience.

Frequently asked questions about Product Analyst at Banner Life family of companies | life insurance

What does a Product Analyst at Banner Life family of companies | life insurance do?expand_more
In this Product Analyst at Banner Life family of companies | life insurance role, you will support detailed quantitative and qualitative analysis on product performance and market trends; collect business requirements and construct user stories with clear acceptance criteria; facilitate accurate product backlog grooming and prioritization aligned to roadmaps; and partner with ux designers to test hypotheses and deliver data-backed recommendations.
What are the requirements for this Product Analyst role?expand_more
To qualify for the Product Analyst at Banner Life family of companies | life insurance position, applicants should have: Bachelor's degree or equivalent in business, data analytics, or IT; 2–4 years product/business analysis experience; 4+ years financial services/insurance experience preferred; Foundational understanding of Agile frameworks (Scrum, SAFe); Familiarity with Power BI, Tableau, Google Analytics, or Adobe Analytics; and Proficiency with JIRA and Confluence.
Where is the Product Analyst role at Banner Life family of companies | life insurance located?expand_more
Product Analyst at Banner Life family of companies | life insurance is based in Tabler Road, Riverwood, Urbana, Frederick County, Maryland, 21704, United States. This is a hybrid role.
Is this Product Analyst job remote, hybrid, or on-site?expand_more
Banner Life family of companies | life insurance has listed this Product Analyst role as hybrid.
How much experience is required for this Product Analyst role?expand_more
Product Analyst at Banner Life family of companies | life insurance typically requires 2–4 years of relevant experience at the mid level level.
What skills do you need for the Product Analyst role at Banner Life family of companies | life insurance?expand_more
Key skills for Product Analyst at Banner Life family of companies | life insurance include Agile; Scrum; Safe; Power Bi; Tableau; Google Analytics; Adobe Analytics; and Jira.
What education is required for Product Analyst at Banner Life family of companies | life insurance?expand_more
Educational requirements for this role: Bachelor's degree or equivalent combination of education and experience.
What category does the Product Analyst role belong to?expand_more
Product Analyst at Banner Life family of companies | life insurance is part of the it job category on Recrutus.

About Banner Life family of companies | life insurance

Banner Life family of companies, headquartered in Frederick, Maryland, operates within the insurance carriers industry with a legacy dating back to 1949. The organization comprises two distinct entities: Banner Life Insurance Company, which provides coverage to policyholders and annuitants across 49 states and the District of Columbia, and its wholly-owned subsidiary, William Penn Life Insurance Company of New York. William Penn products are exclusively available within New York, while Banner Life does not conduct business in that state. The company focuses on delivering term life insurance and retirement solutions designed to support individuals and families. Recent data highlights the organization's operational scale, noting that 99% of term life insurance claims were paid to nearly 4,000 families, while retirement security was secured for over 35,000 annuitants in 2024. This structure allows the Banner Life family of companies to serve a broad demographic with a commitment to reliability and financial protection during critical moments.

Browse more roles: All Banner Life family of companies | life insurance jobs, it jobs on Recrutus.

Recrutus

Curating the world's most innovative career opportunities. We bridge the gap between visionary talent and industry-leading companies.

Search roles by city, category, skill, or job type — explore verified US employers, salary benchmarks, and remote-friendly teams hiring nationwide.

publiclanguageshare
Job seekers
Browse jobsCompanies hiringRemote jobsJobs by locationJobs by cityJobs by categoryJobs by skillCareer guidesCareer blogSalary insights
Job types
Contractor jobsFull-Time jobsIntern jobsOther jobsPart-Time jobsPer-Diem jobsTemporary jobs
Top states
Jobs in TexasJobs in New YorkJobs in CaliforniaJobs in FloridaJobs in North CarolinaJobs in MassachusettsAll states →
Top categories
Healthcare & Nursing jobsLogistics & Warehouse jobsEngineering jobsIT jobsHospitality & Catering jobsSales jobsTeaching jobs
Popular skills
CDL-A jobsRegistered Nurse jobsBLS jobsExcel jobs
Featured employers
Company
About usFAQContactPrivacy policyUS privacy notice

Recrutus helps candidates discover roles that match their skills and helps teams reach qualified applicants faster. Browse by metro, discipline, or work style — from internships to senior leadership.

© 2026 Recrutus. All rights reserved.
Terms of serviceCookie policyAcceptable useDMCA policyEmployer termsCandidate terms
check_circle
check_circleAnnual Incentive Plan with 8% target payment
check_circleEligibility for sign-on bonus and long-term incentives
check_circlePaid time off to volunteer for causes
View company profilearrow_forwardlanguageWebsitelinkLinkedIn
Quick Overview

Experience

2-4 yrs (Mid Level)

Education

Bachelor's degree or equivalent combination of education and experience

Job Type

Full-Time

Skills Required

AgileScrumSafePower BiTableauGoogle AnalyticsAdobe AnalyticsJiraConfluence
Accessibility