Product Configuration Specialist

3 weeks ago


Minneapolis, Minnesota, United States Experis Full time
Product Configuration Analyst

Job Purpose/Role:

The Product Configuration team within the Actuarial department is responsible for implementing complex calculations in the policy administration system. As a Product Configuration Analyst, you will collaborate with business and IT teams to design, build, test, implement, and maintain critical processes within the ALIP system for configuring insurance and annuity products.

Key Responsibilities:

  • Develop an in-depth understanding of complex insurance and annuity product features and requirements.
  • Translate product specifications into ALIP system design, rules, and logic, ensuring adherence to best practices and standards.
  • Solve complex problems while considering business functionality, sustainability, and scalability of solutions.
  • Review implementation solutions with key stakeholders.
  • Troubleshoot, debug, and resolve issues in lower and production environments.
  • Provide subject matter expertise on system functionality to stakeholders.
  • Regularly assess and develop process improvements within and around applicable systems.
  • Develop product expertise across all lines of business.
  • Work within an Agile environment focused on product delivery.
  • Communicate effectively with teams, third-party vendors, and stakeholders to improve turnaround time and efficiency.

Requirements:

  • Understanding of life and annuity product rules and business processes.
  • Experience with life and annuities product development using a policy administration system; ALIP Product Configuration experience is preferred.
  • Basic knowledge of SQL databases and ability to write simple queries.
  • Advocate for Agile practices and culture.
  • Four-year degree in a technical discipline, engineering, business, actuarial science, mathematics, physics, economics, or a related field; or equivalent experience.
  • Technology, business, and project management certifications preferred.


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