Insurance Product Configuration Engineer

This role sits at the intersection of insurance product design, actuarial logic, and systems configuration. As an Insurance Product Configuration Engineer, you will help turn complex pricing, risk, and product requirements into scalable, production-ready system behavior across Life, Health, and Annuity products.

You'll play a key role in how insurance products are built, configured, validated, and delivered-translating product and actuarial intent into accurate rules, calculations, and automated validation approaches. Working across actuarial, engineering, and business teams, you will help improve product quality, accelerate delivery, and support modernization through automation, product configuration expertise, and AI-enabled ways of working.

DUTIES & RESPONSIBILITIES:

• Translate actuarial models, product specifications, and business rules into executable system logic within a product configuration environment.
• Configure and support product behavior across Life, Health, and Annuity domains, including premium calculations, benefit structures, payout logic, and rating rules.
• Validate complex calculations and product behavior, including interest, mortality, morbidity, present value, future value, and risk-based logic within the software environment.
• Build and maintain automated validation and testing approaches that compare system outputs to expected results and support reliable, low-regression releases.
• Use AI tools to improve speed and accuracy in rule interpretation, documentation, analysis, and configuration workflows.
• Partner with actuaries, architects, engineers, and business stakeholders to deliver consistent, high-quality product behavior across connected systems.

Why This Role?

This is a unique opportunity to work at the intersection of actuarial science, insurance product design, and modern engineering practices. In this role, you will help shape how complex insurance products are configured, validated, and delivered at scale-combining analytical rigor with automation, AI, and system design.

If you enjoy solving complex problems, translating detailed product logic into real-world system behavior, and working across disciplines to improve quality and speed, this role offers the chance to make visible, meaningful impact. It's an opportunity to contribute to modernization while building deep expertise in insurance product delivery and configuration.

QUALIFICATIONS & SKILLS:

Required:

• Bachelor's degree in Computer Science or other technical field or equivalent work experience
• 5+ years applicable experience
• Demonstrated leadership on mid-large scale projects

Preferred:

• Insurance and Financial Services Experience: Strong understanding of Life, Health, or Annuity product mechanics, including familiarity with policy administration platforms and processes.
• Education and Domain Knowledge: Degree or coursework in Engineering, Actuarial Science, Applied Mathematics, Data Science, or a related field.
• Technical Skills: Experience with SQL, Python, SFTP, APIs, and product configuration or business rules engines.
• Automation and Delivery Practices: Familiarity with automated testing frameworks, validation approaches, and CI/CD practices that support repeatable, high-quality releases.
• Communication and Translation: Ability to translate actuarial concepts into system design and configuration, partnering effectively with technical, actuarial, and business stakeholders.
• AI Fluency: Practical experience using generative AI to accelerate documentation, analysis, rule interpretation, code assistance, and configuration workflows for complex business systems.
• Analytical and Critical Thinking: Strong problem-solving skills with the ability to evaluate complex product logic, identify risks, and make sound decisions.
• Collaboration and Learning Agility: Demonstrates curiosity, adaptability, and the ability to work effectively across disciplines while learning new domains, tools, and platforms quickly.
• Organization and Execution: Strong organizational skills with the ability to manage detail, prioritize effectively, and maintain quality across multiple workstreams.
• Technology Standards and Governance: Familiarity with technology standards, procedures, and policies that support secure, compliant, and maintainable delivery practices.

Pay Transparency

Thrivent's long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $99,108.00 - $134,087.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent's plans/policies are subject to change at any time at Thrivent's discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.

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