Allianz - Minneapolis, MN

posted 2 days ago

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

About the position

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 Principal Actuarial Analyst.

Responsibilities

  • Develop in-depth understanding of complex insurance and annuity product features and requirements.
  • Translate product specifications in ALIP system design, rules, and logic while ensuring best practices and standards are met.
  • Provide subject matter expertise to stakeholders on system functionality.
  • Solve complex problems considering required business functionality, sustainability and scalability of solutions.
  • Review implementation solutions with key stakeholders.
  • Troubleshoot, debug and fix issues as they arise in lower and production environments.
  • Regularly assess and develop process improvements within and surrounding the applicable systems.
  • Work within an Agile environment focused on product delivery.

Requirements

  • 2+ years of 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 work experience required.

Benefits

  • Comprehensive medical and dental plan options.
  • Generous time off plan.
  • Outstanding 401(k) company match.
  • Award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias.
  • Active role in shaping culture through Employee Resource Groups.
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