Senior Actuarial Life Insurance Business Analyst

New York Technology Partners; Cary (NC); On-site; USD 85,000 - 120,000; Full time

Job summary

New York Technology Partners is seeking an experienced Insurance Business Analyst (Actuarial) for a Cary, NC long-term contract. The role focuses on Retail Life Insurance initiatives, partnering with actuarial, underwriting, product management, business and technology teams to drive transformation and system enhancements.

Responsibilities include gathering requirements for Life Insurance products, translating them into specifications, and supporting pricing, reserves, regulatory reporting, and

Qualifications

• Requirement gathering and elicitation for Life Insurance products and actuarial processes
• BRD FRD User Stories Use Cases
• Process Mapping and Gap Analysis
• AgileScrum and Waterfall methodologies
• Stakeholder Management
• UAT Planning and Execution

Responsibilities

• Gather, analyze, and document business requirements for Life Insurance products and actuarial processes
• Collaborate with actuarial, product, underwriting, policy administration and IT teams to define business solutions
• Translate business requirements into functional specifications, process flows, user stories, and acceptance criteria
• Support product development, pricing, valuation, reserve calculations, and regulatory reporting initiatives
• Work on policy lifecycle processes including New Business, Policy Administration, Billing, Claims and Servicing
• Analyze impacts of product changes and ensure alignment with business objectives and actuarial assumptions
• Facilitate workshops, stakeholder meetings, requirement walkthroughs and UAT sessions
• Support testing activities by developing test scenarios, reviewing results and validating outcomes
• Perform gap analysis and identify opportunities for process improvement and automation
• Ensure compliance with insurance regulations and actuarial standards

Skills

Retail Life Insurance

Actuarial models

Pricing and product development

Reserves and statutory reporting

Mortality and lapse assumptions

Risk analysis

UAT Planning

Stakeholder Management

Requirement elicitation

BRD FRD

User Stories

Process Mapping

Job description

New York Technology Partners is seeking an experienced Insurance Business Analyst (Actuarial) for a Cary, NC long-term contract. The role focuses on Retail Life Insurance initiatives, partnering with actuarial, underwriting, product management, business and technology teams to drive transformation and system enhancements.

Responsibilities include gathering requirements for Life Insurance products, translating them into specifications, and supporting pricing, reserves, regulatory reporting, and