Actuarial Systems Analyst

nationallifeinsurancecompany; Addison (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

National Life Group seeks an actuarial and business analyst within the Life & Annuity Solutions team to design, implement, and manage life and annuity products and riders. You will resolve diverse issues through analytical and problem-solving techniques, ensuring accuracy across illustration, policy administration, and ancillary systems.

A successful candidate thrives in a fast-paced environment, balances multiple priorities, and collaborates across Agile scrum teams and product actuaries to

Qualifications

• Bachelor's Degree or equivalent combination of education and experience.
• 3-5 years experience in systems or systems support, product implementation or related role in financial services industry.
• Basic understanding of life and annuity product mechanics.
• Ability to work independently and collaboratively, build effective relationships, and manage multiple priorities.

Responsibilities

• Responsible for setup and maintenance of Life and Annuity products across administration, illustration, and ancillary systems.
• Define products in systems, validate values, and load rates; build testing tools and analyses for accuracy.
• Collaborate with Agile scrum teams, illustration team, and product actuaries to optimize implementation and testing.

Skills

Analytical thinking

Problem solving

Collaboration

Attention to detail

Agile/Scrum

Education

Bachelor's Degree

Tools

Illustration software

Policy administration systems

SQL

Testing tools

Job description

About National Life Group

Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our Mission

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

Company Culture

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Role Summary

This position is part of the Life & Annuity Solutions team, which is responsible for designing, implementing, and managing our life and annuity products. The team is at the forefront of delivering innovative solutions that enhance customer experience and drive business growth.

This role performs actuarial and business analyst functions within the company's illustration, policy administration and ancillary systems for life and annuity products and riders, resolving diverse issues creatively using analytical and problem-solving techniques to assess and identify causes.

A successful candidate thrives in a fast-paced environment, ensuring accuracy through rigorous testing while balancing multiple priorities with adaptability, exceptional attention to detail, and a proactive approach to problem-solving. More than just a business analyst position, this role offers the opportunity to shape the future of life and annuity solutions. It involves cross-functional collaboration and meaningful contributions to the company's mission of delivering on its promises. If you're driven by innovation and impact, this could be the perfect fit.

This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Please note that we do not offer visa sponsorship for this position.

Essential Duties and Responsibilities

Responsible for assigned aspects of the setup and maintenance of Life and Annuity products, ensuring accuracy across administration, illustration, and ancillary systems. This role defines products in systems, validates values, and loads rates while also performing systems analysis and building testing tools to ensure all life and annuity product calculations are complete and accurate. Working collaboratively with Agile scrum teams, the illustration team, and product development actuaries, this role optimizes product implementation and ensures accurate system integration.

• Analyze assigned product changes to identify potential system modifications, collaborating with Senior Actuarial Systems Analyst, Principal Actuarial Systems Analyst, or manager to confirm the required changes, and develop business requirements for assigned system changes, as applicable.
• Continue developing knowledge of NLG's life and annuity products, benefit structures, calculations, and systems, applying product and business context when making implementation and testing decisions appropriate to the scope of assigned work.
• Develop and refine test strategies, validation approaches, and test tools used to validate product rates, calculations, values, and system behavior, following established protocols, and raising potential improvements or alternative approaches for review with a Senior or Principal Actuarial Systems Analyst.
• Create and maintain tools and applications that support accurate implementation, administration, validation, and ongoing support of life and annuity products that can be understood and maintained by others.
• Develop and maintain system-based rule configurations to accurately reflect product features in administrative and illustration environments.
• Provide product and policy analysis and work collaboratively with other business areas to support accurate contract administration, considering downstream impacts of implementation and systems decisions.
• Provide guidance and training to Associate Actuarial Systems Analysts as appropriate, sharing product, systems, testing, and technical knowledge.

Minimum Qualifications

• Bachelor's Degree or equivalent combination of education and experience.
• 3-5 years experience in systems or systems support, product implementation or related role in financial services industry.
• Basic understanding of life and annuity product mechanics.
• Ability to work independently and collaboratively, build effective relationships, and manage multiple priorities in a