Product Owner – Riester / Protected Business · GDPR · Anti-Money Laundering

Project overview

For an exciting assignment with an insurance client, we are looking for an experienced Product Owner with in-depth Riester expertise at the interface between business and IT.

You will be responsible for the functional further development of processes and IT functions in the Riester environment. You will combine product and prioritization responsibility with a deep understanding of Riester policy administration and practical experience with Life Factory. You will consider protected business, GDPR, and anti-money laundering together with the responsible specialist departments.

Responsibilities

Product Goals and Priorities: Align functional goals with stakeholders and prioritize the product backlog according to business value, regulatory urgency, risks, and dependencies.

Riester Processes: Manage requirements along the contract lifecycle – from application and policy administration through premium and subsidy processes to contract changes, transfers, terminations, and the benefits phase.

Subsidy and Reporting Processes: Functionally classify and prioritize requirements for subsidy management, data exchange with the Central Subsidy Agency for Pensions (ZfA), certificates, and correction and reclaim processes.

Business and IT: Bring together the business department, policy administration, development, architecture, data protection, and compliance; clarify conflicting goals and make decisions transparent.

Life Factory Implementation: Specify requirements together with BA/RE and IT, evaluate solution alternatives, and consider impacts on interfaces, data models, and neighboring systems.

Implementation Readiness and Quality: Ensure clear user stories and acceptance criteria, decide on functional queries, and support refinements, reviews, and functional acceptances.

Protected Business: Integrate requirements for confidentiality, sensitive contract and customer data, and access protection and authorizations into product development.

GDPR and Anti-Money Laundering: Consider agreed-upon specifications for data protection, identification, KYC, and risk-based audit processes in the backlog and track their implementation.

Statutory control and release responsibilities remain with the responsible functions.

What You Bring

Several years of experience as a Product Owner in life insurance or private pension provision with demonstrable product and backlog responsibility.

In-depth Riester expertise and practical experience with the associated contract, subsidy, allowance, and reporting processes, as well as their system implementation.

Practical experience with the Life Factory policy administration system.

Ability to evaluate functional and regulatory requirements, set binding priorities, and bring together different stakeholder interests.

Very good knowledge of requirements management, functional process modeling, and conception and evaluation of solution alternatives.

Experience with protected business, sensitive data, and the implementation of GDPR and compliance requirements.

Functional understanding of anti-money laundering / AML and its impact on business processes and IT systems.

Technical understanding or IT background explicitly desired, ideally knowledge of system architectures, interfaces, and data models.

Proficiency in agile product development, Jira and Confluence or comparable tools; confident communication and very good German language skills.

Additionally Beneficial

Experience with ZfA interfaces, data migrations, or the modernization of Riester portfolios.

Experience in partner business and business partner management.

PSPO/CSPO certification or comparable qualification.

Interested?

Please send your profile with project examples for Product Ownership, Riester, and Life Factory, as well as a brief description of your experience with protected business, GDPR, and anti-money laundering. Include your availability, potential workload, preferred deployment, and conditions.

Project details

• Start: 2026-11
• Duration: 6 Monate
• Remote: hybrid
• Location: Düsseldorf, Deutschland, DE
• Languages: German