Actuarial Tester / Senior Associate, LIS Tool Developer

Pay: $55 - #65/hr W 2
Location: New York, NY

Job Description:

• 12 Month Contract
• Location: NYC Home Office
• Schedule: Hybrid

Role Overview

• Core Modernization is a transformative initiative designed to elevate client’s foundational technology.
• Major upgrade to the policy administration system managing insurance policy transactions.
• Modernization replaces legacy infrastructure with state-of-the-art technology.
• Enables faster innovation, reduced servicing friction, and improved client and agent experiences.
• Positioning client at the forefront of the industry.
• Join the Life Insurance Solutions team (LIS) and play an essential role in the Core Modernization initiative.
• Support development, testing, and maintenance of Excel-based scenario testing tools.
• Ensure accurate policy lifecycle values and a successful system transition.

What You’ll Do

• Configure retail life insurance products into the new policy administration system.
• Validate that the system produces accurate values throughout the policy lifecycle.
• Create scenario testing tools for each product to compare results from the new system.

Core Responsibilities

• Design and update Excel-based scenario testing tools for Retail Life products.
• Build, test, and maintain accurate and reliable testing tools.
• Collaborate with the Automation Development team to integrate automation features.
• Monitor tool efficiency and reliability, making improvements to usability and performance.
• Provide clear documentation and communicate findings across the team.

What You’ll Bring

Required Skills

• Extensive knowledge of Life Insurance products and product functionality.
• Strong Excel skills, including VLOOKUP and formulas.
• General understanding of IRC Sections 7702 and 7702A.
• Strong communication skills.

Preferred Skills

• Experience with Excel VBA.
• Experience working in an Agile software development environment.
• Working knowledge of QA review and testing processes.

MUST HAVES

• Extensive, detailed knowledge of Life Insurance products and product functionality.
• Strong Excel skills including VLOOKUP and formulas.
• General understanding of IRC Section 7702 and 7702A requirements.
• Strong communication skills with the ability to clearly explain tasks and report on calls with the SCRUM team.