Allianz - Minneapolis, MN

posted 5 months ago

Full-time - Mid Level
Hybrid - Minneapolis, MN
Insurance Carriers and Related Activities

About the position

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 Product Configuration Analyst, you will work directly with the business and IT teams to design, build, test, implement, and maintain critical processes within the ALIP (Accenture Life Insurance & Annuity Platform) system related to the configuration of insurance/annuity products. You will report to the Product Configuration Director. In this role, you will develop an in-depth understanding of complex insurance and annuity product features and requirements, translating product specifications into ALIP system design, rules, and logic while ensuring best practices are met. You will provide subject matter expertise to partners on system functionality, solve complex problems considering required business functionality, sustainability, and scalability of solutions. Additionally, you will review implementation solutions with important partners, troubleshoot, debug, and fix issues as they arise in lower and production environments, and assess and develop process improvements within and surrounding the applicable systems. You will work within an Agile environment focused on product delivery.

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 while ensuring best practices are met.
  • Provide subject matter expertise to partners on system functionality.
  • Solve complex problems considering required business functionality, sustainability, and scalability of solutions.
  • Review implementation solutions with important partners.
  • Troubleshoot, debug, and fix issues as they arise in lower and production environments.
  • Assess and develop process improvements within and surrounding the applicable systems.
  • Work within an Agile environment focused on product delivery.

Requirements

  • 2-3 years' experience required.
  • 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.
  • Understanding of SQL database and ability to write simple queries.
  • Advocate of Agile practices and culture.
  • Four year degree in technical discipline, engineering, business, Actuarial science, mathematics, physics, economics or related field; or equivalent experience.

Benefits

  • Health savings account
  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • Vision insurance
  • 401(k) matching
  • Life insurance
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