Business Systems Analyst | Hybrid

3 days ago

Minneapolis, United States Allianz Full time

At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

The Product Configuration team within the Actuarial department is responsible for the successful implementation of complex calculations in our policy administration system. As a Business Systems Analyst, you will work directly with the business and IT teams to create, maintain, and enhance technical documentation for the ALIP (Accenture Life Insurance & Annuity Platform) system related to the configuration of insurance/annuity products. You will report to the Solution Architect.

What you do:

  • Collaborates with developers to create, maintain, and enhance technical documentation for business systems and/or models essential to the successful completion of operational responsibilities and requiring integration of product design, administrative systems and regulatory requirements.
  • Consults with developers and testers to design and document testing strategies on new and existing product to mitigate future risk and triage defects.
  • Develop in-depth understanding of complex insurance and annuity product features and requirements. Develop product expertise for all lines of business.
  • Assists with training and development of individuals. Peer reviewer of other's work.
  • Participates in key initiatives and special projects as assigned.
  • Documentation of processes, analysis performed and business systems built or modified.


What you bring:
  • Four year degree: Four year degree in technical discipline, engineering, business, Actuarial science, mathematics, physics, economics or related field; or equivalent work experience required
  • Intermediate ability demonstrated in: Knowledge of annuity and Life insurance product features and mechanics and their administration systems; Programming concepts; Knowledge of ACORD standards; Microsoft Excel functionality including Visual Basic for Applications; Data handling and analysis
  • Understanding of Life and Annuities product rules and business processes
  • Life and Annuities product development experience with a Policy Administration System; ALIP Product Configuration is preferable
  • Advocate of Agile practices and culture


What we offer:At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer. Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let's care for tomorrow.

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