Sr. Actuarial Technician

Job Summary

This position is responsible for providing expert product advice/support in the process of executing new products or any enhancements to existing products. This position is also responsible for maintaining a thorough understanding of life and / or annuity products, regulations, business platforms, and providing ongoing support of retail projects and initiatives. Responsibilities are inclusive of product training, development of product supporting checking tools and administrative system verification to ensure product integrity is achieved.

Duties and Responsibilities

• Support the overall Product Roadmap to meet the timing and milestones from the Product Development and Product Implementation deliverables while exhibiting flexibility as projects are re-prioritized or timelines are shifted
• Lead the development and maintenance to checker tools and calculators used to support new products, riders, enhancements, and remediation efforts in the Administration and Illustration systems and any applicable production requests (e.g. Accelerated Death Benefit quotes).
• Review and approve test plans for new products, riders, enhancements, and remediations efforts in the Administration and Illustration Systems, in coordination with the Product Implementation and Illustration teams
• Execute test cases and ensure accuracy in the Administration and Illustration Systems, in coordination with the Product Implementation, Illustration, QA, and external third party administrators.
• Provide additional Product Development support to new products, riders, enhancements, and remediation efforts which includes assisting in the review and creation of Product Specs, Business Requirement Documents, policy and rider forms
• Provide support to business as usual items within the Product Team, such as: Illustration Certification testing, Nonforfeiture testing, competitive intel and analysis, etc.

Experience and Education Requirements

• Bachelor’s degree required – Preferred in Mathematics, Actuarial Science or related technical field
• Life insurance and annuity product knowledge is required with preference for Indexed UL and Fixed Indexed Annuity experience.
• Strong technical, analytical, organizational, computer, and team skills.
• 5+ years experience in the financial services industry
• Able to perform in a fast-paced production environment with minimal direction while addressing multiple projects and responsibilities

Knowledge, Skills & Abilities

• Expert knowledge of Excel, SQL and Visual Basic for Applications, with the ability to manage large data sets and complex formulas.
• Must be extremely detail oriented, organized, analytical, and be able handle multiple projects with minimal oversight
• Team player with demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes
• Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments
• Ability to interact with personnel at all levels of the organization in both technical and business areas successfully
• Excellent verbal, written, interpersonal, and presentation skills
• Typical professional office environment with periods of extended sitting required
• Occasional travel may be required

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