Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Experience
Timeline
Generic

Praveen Kumar

Dallas,TX

Summary

Results-driven professional with 15 years of experience in Life & Annuities, Insurance, Finance, IT, and Health Care. Expertise in agile environments, developing product features, and managing programs to deliver innovative business solutions. Proven ability to drive product vision and align roadmaps with strategic goals while fostering strong stakeholder relationships.

Overview

16
16
years of professional experience

Work History

Director – Business & Product Readiness/Management

ALLIANZLIFE (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
04.2023 - Current
  • Spearheaded the end-to-end management of the B2B Data Uplift Team, enhancing data exchange platform functionality, resulting in a 50% increase in data accuracy and processing. Aligned product vision, established product roadmap, and defined MVP, prioritizing backlog to meet customer demands. Coordinated new product launches for Fixed and Variable annuities across Allianz platforms, enhancing cross-functional collaboration and delivery efficiency. Chief Product Owner for B2B Data Uplift Team, managing functionality end to end for Industry leading data and information exchange platform DTCC and DST for external data transfers to our Sales and Distribution partners across North America. Aligned vision, established product roadmap, defined MVP (Minimum Viable Product), and prioritized backlog to meet internal/external customer demands as a result of collaborative efforts involving extensive collaboration with the Program Management team. Successfully coordinated new product launches for Fixed and Variable annuities across different internal Allianz platforms. Led cross-functional product squads (design, engineering, GTM) through discovery and delivery, enhancing collaboration velocity and shortening time-to-launch. Oversaw integration architecture and workflow modernization initiatives, partnering with engineering leadership to define platform standards, data flows, and technical approaches.
  • Environment: Azure Data Factory, ALIP Policy Admin System, SQL Server, T-SQL, MS Visio, Balsamiq, SharePoint, Agile, MS Office, JIRA, Kanban, DTCC, POV, FAR, User Story Mapping, ETL, SSIS, ALIP, Apply Now, AN4, Affirm
  • Led cross-functional teams to drive technology integration and process improvements in life and annuity operations.
  • Developed strategic initiatives to enhance customer experience and operational efficiency across service channels.
  • Oversaw implementation of compliance frameworks ensuring adherence to regulatory standards in life insurance services.

VP: Product Management (Impairments and Capital Risk Products)

BARCLAYS (FINANCIAL & CONSUMER BANKING SERVICES)
04.2022 - 04.2023
  • Direct products for Barclays US Consumer Bank’s Impairments and Capital Risk Calculations business division as the Product Lead for RFT (Risk, Finance, and Treasury). Defined product vision and strategy for new Impairments and Capital Calculation capabilities, transforming ambiguous problem spaces into cohesive roadmaps grounded in real customer insight and regulatory/operational pain points. Oversee key product updates and bank’s book of work through strategic and tactical approach to achieve a seamless end-to-end transition throughout project life cycle. Implemented Impairments and Capital products and financial model with business stakeholders and IT engineering teams. Designed enterprise business solutions that balance customer requirements and operational efficiencies. Led application integration discussions for workflow updates to meet bank regulators' SOX standards.
  • Environment: IFRS9, CECL, CCAR, ALLL, AWS, JIRA, Oracle PL/SQL, SOX, SharePoint, MS Visio, TFS, Share point, Agile, MS Office, JIRA, SQL Server, Scrum, Agile Methodologies, Quantitative Modeling.
  • Led strategic initiatives to enhance customer engagement and drive revenue growth across financial services.
  • Developed and implemented risk management frameworks, improving compliance and operational resilience.
  • Directed cross-functional teams to optimize product offerings, aligning with market trends and consumer needs.

Product Management Lead

ALLIANZLIFE (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
04.2021 - 05.2022
  • Functioned as Product Manager for e-Commerce IT team, overseeing the end-to-end functionality of policy issuance, maintenance, and administration. Managed secure data transmission with different internal and external implementation partners/vendors utilizing industry standard DTCC layouts. Facilitated new product implementations for Life and Annuities products of AllianzLife. Collaborated with the Program Management team to align vision, establish product roadmap, define MVP, and prioritize backlog for customer needs. Designed solutions for end-users to deliver product features into the production environment in close collaboration with engineering and development teams.
  • Directed product delivery from concept to launch, including scoping, engineering partnership, design prototyping, integration strategy, and adoption. Directed efforts on program backlog refinement and PI (Program Increment) planning, contributing strategically to program vision and PI objectives.
  • Oversaw end-to-end product delivery—from early concepting and scoping through engineering partnership, design prototypes, integration strategy, launch, and adoption. Directed efforts on program backlog refinement and PI (Program Increment) planning, contributing strategically to program vision and PI objectives.
  • Led product strategy and implementation for enterprise e-commerce platforms across North America, providing critical capabilities for agents and advisors.
  • Led data-to-data testing and recon analysis of strategic vs legacy data platforms for multiple data models for large-scale legacy database decommission initiatives.
  • Environment: ALIP Policy Admin System, SQL Server, T-SQL, MS Visio, Balsamiq, Share point, Agile, MS Office, JIRA, Kanban, DTCC, POV, FAR, User Story Mapping, ApplyNow, Affirm, AN4

Sr. Product Manager

SE2 INC. (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
03.2019 - 04.2021
  • Led various client projects and supported launch of new Annuity products, with focus areas including designing Marketing Commission Systems for agents and broker-dealers nationwide. Translated product management program strategy goals and priorities to align with the vision and defined features in the product backlog. Defined and communicated product features and influenced partner decisions through senior Product meetings, maintaining customer experience and delivery of specified MVP features. Acted as a liaison between business and technical side to convey business needs to system architects. Designed Marketing Commission systems to facilitate third-party Broker Dealer requirements and ensured alignment of feature mapping with per set priority. Conducted GAP Analysis for new functionality requirements and prioritized them in alignment with business needs. Validated business rules and identified data quality using data analysis techniques.
  • Identified and documented issues, risks, gaps, and impacts, providing tailored recommendations and alternatives for application development to meet user requirements.
  • Directed modernization and re-architecture of life insurance administration platforms and marketing commission systems, ensuring alignment with current industry technology and trends.
  • Environment: Life CAD, Core, F.A.S.T, SQL Server, T-SQL, MS Visio, Balsamiq, SharePoint, Agile, MS Office, JIRA, Kanban, DTCC File transmission, DST, Feature Mapping

Business Product Manager

BLUE CROSS BLUE SHIELD OF NORTH CAROLINA (HEALTHCARE & TECHNOLOGY)
01.2018 - 03.2019
  • Led enterprise-level projects and scope items, enhancing company-wide applications for healthcare policy enrollment and operations for BCBSNC. Developed business process designs, functional specifications, and conducted gap, system, and impact analyses. Ensured quality assurance documentation and technical specifications aligned with business requirements. Managed project plans, schedules, and issue logs while addressing business-technical conflicts. Created guidelines, user manuals, and step-by-step procedure guides for successful technical implementation of business projects.
  • Coordinated IT processes and activities among business and financial operational teams.
  • Environment: Rational Requisite Pro, DNG, SharePoint, MS Visio, TFS, SharePoint, Agile, MS Office, JIRA, SQL Server, Facets, Edifecs, Scrum, Customer Journey Mapping.

Education

Master of Marketing Research (M.S.) - Business Strategy & Data Analytics, Consumer Research & Buyer Behavior

Southern Illinois University
Edwardsville, IL

Master of Business Administration (MBA) - Marketing Analytics, Finance & CRM

Osmania University
Hyderabad, India

Certified Scrum Product Owner (CSPO) - undefined

Skills

  • Life & Annuity Platforms: LIFECAD (Policy Admin System), ALIP, FAST (Life Products Admin System)
  • Insurance Technology
  • Databases: SQL Server, Oracle, T-SQL, PL/SQL, Azure Data Factory
  • Data-driven decision making
  • Risk management frameworks
  • Business Applications: Microsoft Office Suite, MS Visio, MS Project, SharePoint, SPSS, SSMS, SSRS, ETL
  • Source/Version Control: TFS (Team Foundation Server), JIRA(Atlassian), DNG, RRC Tools, Balsamiq
  • Software development methodologies

Accomplishments

  • Spearheaded and scaled legacy applications and policy admin systems to handle more than $4B+ in annual premium transactions
  • Delivered 20+ enterprise new product launches with end to end from ideation to implementation.
  • Launched new digital systems and improved user experience and intuitiveness across the end-to-end channel i.e. mobile and phone
  • Modernized and created product strategy and vision for new commission systems and UI for agents and broker dealer networks, which was adopted by more than 200K agents nationwide.

Additional Experience

  • Sr. Business /Product Owner, 2016 – 2017 | SE2 Inc (Life & Annuities) – NJ
  • Sr. Product Owner, 2014 – 2016 | Liberty Mutual (Property & Casualty Insurance) – MN
  • IT Application Product Owner, 2013 – 2014 | Westfield Insurance (Property & Casualty Insurance) – OH
  • Business Systems Analyst, 2012 – 2013 | DHHS (Healthcare) – MD
  • Market Research Analyst, 2009 – 2011 | DataMonitor (an Informa PLC Company) – India

Timeline

Director – Business & Product Readiness/Management

ALLIANZLIFE (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
04.2023 - Current

VP: Product Management (Impairments and Capital Risk Products)

BARCLAYS (FINANCIAL & CONSUMER BANKING SERVICES)
04.2022 - 04.2023

Product Management Lead

ALLIANZLIFE (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
04.2021 - 05.2022

Sr. Product Manager

SE2 INC. (LIFE & ANNUITY, TECHNOLOGY & SERVICES)
03.2019 - 04.2021

Business Product Manager

BLUE CROSS BLUE SHIELD OF NORTH CAROLINA (HEALTHCARE & TECHNOLOGY)
01.2018 - 03.2019

Master of Business Administration (MBA) - Marketing Analytics, Finance & CRM

Osmania University

Certified Scrum Product Owner (CSPO) - undefined

Master of Marketing Research (M.S.) - Business Strategy & Data Analytics, Consumer Research & Buyer Behavior

Southern Illinois University
Praveen Kumar