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Life & Annuity Actuarial Illustrations Systems Analyst

Life & Annuity Actuarial Illustrations Systems Analyst

CompanyGuardian Life
LocationNew York, NY, USA, Bethlehem, PA, USA
Salary$67450 – $110815
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Minimum of 6 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
  • 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

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
  • Defining project scope, and creating or contributing to project plans
  • 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 partners and obtaining their sign-offs on software deliverables
  • Evolving the team’s standard methodologies 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

Preferred Qualifications

  • Actuarial background strongly preferred
  • Life and annuity taxation experience, including MEC considerations, a plus
  • Project Management and/or People Management experience, a plus
  • Advanced Markets Sales experience, a plus