Life & Annuity Actuarial Illustrations Project Manager

Life & Annuity Actuarial Illustrations Project Manager

Requirements

• Minimum of 10 years of experience in the life insurance & annuity industry as a senior business systems analyst and quality assurance tester, with a high level of expertise in life and/or annuity illustration systems and/or policy administration systems
• Life and annuity taxation experience, including TAMRA/MEC considerations
• Advanced proficiency with Microsoft Excel, including experience developing quality assurance testing tools for life and/or annuity product calculations
• Bachelor’s degree in Math, Computer Science, Software Engineering, Information Systems, Information Technology, Finance, or equivalent business experience
• Excellent analytical, troubleshooting, problem-solving, communication, & organizational skills
• Experience writing business systems requirements and performing quality assurance testing
• Excellent time management skills and the ability to contribute to multiple complex projects simultaneously
• Experience working with cross-functional teams in a hybrid environment
• The ASA – Associate, Society of Actuaries – designation

Responsibilities

• Collaborating with colleagues in Product Development, Actuarial, Compliance, IT, and Policy Administration/Operations, as well as with our illustration software vendor (iPipeline/WELIS) in both the planning and implementation phases
• Assisting the Head of Life & Annuity Illustrations in defining project scope, developing project & resource allocation plans, providing direction & consultation to analysts and testers
• Translating complex actuarial product requirements and/or high-level end-user requirements into detailed illustration system specifications for product calculations
• Developing, modifying, and employing Excel based tools to verify the accuracy of illustration calculations
• Creating detailed numerical examples to assist the software development team (third party vendor) in delivering quality code
• Developing, reviewing, & contributing to the documentation and execution of detailed test plans to ensure that illustration calculations align with product requirements and end user needs
• Identifying, reporting, and reconciling system defects on a timely basis
• Coordinating User Acceptance Testing with our business customers and obtaining their sign-offs on software deliverables
• Evolving the team’s standard processes for requirements documentation & system testing
• Regularly communicating status on current projects and initiatives
• Participating in the after-business hours’ testing of our software production deployments (approximately 6 times per year)
• Troubleshooting complex technical problems with product calculations and/or rates with a sense of urgency
• Providing production support for inquiries / problems surfaced by end-users
• Serving as a back-up to the Illustrations Project Managers and other teammates
• Providing cross training and knowledge sharing to ensure the team’s continuous growth & development
• Performing ad hoc calculations for illustrations requiring manual workarounds for requests beyond the system’s current functionality
• Distilling complex illustration processing to non-technical field or colleague audience
• Advising cross-functional teams on project impacts to their systems due to interdependencies and restrictions with the illustration system
• Coordinating, implementing, & testing complex illustration system changes required due to new policy administrative practices or systems

Preferred Qualifications

• Project Management and/or People Management experience preferred
• Advanced Markets Sales experience, a plus