- Location
- Addison, TX; Montpelier, VT · Addison, TX · Montpelier, VT
- Workplace
- Onsite
- Department
- 0180 - 8200180
- Experience
- 3+ years
- Visa
- Not sponsored
- Source
- Greenhouse
Description
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
Please note that we do not offer visa sponsorship for this position.
Role Summary
This position is part of the Life & Annuity Solutions team, which is responsible for designing, implementing, and managing our life and annuity products. The team is at the forefront of delivering innovative solutions that enhance customer experience and drive business growth.
This role performs actuarial and business analyst functions within the company’s illustration, policy administration and ancillary systems for life and annuity products and riders, resolving diverse issues creatively using analytical and problem-solving techniques to assess and identify causes.
A successful candidate thrives in a fast-paced environment, ensuring accuracy through rigorous testing while balancing multiple priorities with adaptability, exceptional attention to detail, and a proactive approach to problem-solving. More than just a business analyst position, this role offers the opportunity to shape the future of life and annuity solutions. It involves cross-functional collaboration and meaningful contributions to the company’s mission of delivering on its promises. If you're driven by innovation and impact, this could be the perfect fit.
This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.
Essential Duties and Responsibilities
Responsible for assigned aspects of the setup and maintenance of Life and Annuity products, ensuring accuracy across administration, illustration, and ancillary systems. This role defines products in systems, validates values, and loads rates while also performing systems analysis and building testing tools to ensure all life and annuity product calculations are complete and accurate. Working collaboratively with Agile scrum teams, the illustration team, and product development actuaries, this role optimizes product implementation and ensures accurate system integration.
To accomplish this, the role involves the following responsibilities:
Responsibilities include:
- Analyze assigned product changes to identify potential system modifications, collaborating with Senior Actuarial Systems Analyst, Principal Actuarial Systems Analyst, or manager to confirm the required changes, and develop business requirements for assigned system changes, as applicable.
- Continue developing knowledge of NLG’s life and annuity products, benefit structures, calculations, and systems, applying product and business context when making implementation and testing decisions appropriate to the scope of assigned work.
- Develop and refine test strategies, validation approaches, and test tools used to validate product rates, calculations, values, and system behavior, following established protocols, and raising potential improvements or alternative approaches for review with a Senior or Principal Actuarial Systems Analyst.
- Create and maintain tools and applications that support accurate implementation, administration, validation, and ongoing support of life and annuity products that can be understood and maintained by others.
- Develop and maintain system-based rule configurations to accurately reflect product features in administrative and illustration environments.
- Provide product and policy analysis and work collaboratively with other business areas to support accurate contract administration, considering downstream impacts of implementation and systems decisions.
- Provide guidance and training to Associate Actuarial Systems Analysts as appropriate, sharing product, systems, testing, and technical knowledge.
Minimum Qualifications
- Bachelor’s Degree or equivalent combination of education and experience.
- 3-5 years experience in systems or systems support, product implementation or related role in financial services industry.
- Basic understanding of life and annuity product mechanics.
- Ability to work independently and collaboratively, build effective relationships, and manage multiple priorities in a dynamic environment.
- Strong mathematical, analytical, problem-solving, verbal and written communication skills.
- Strong proficiency in MS Office suite of applications including very strong Excel skills.
Preferred Qualifications
- Bachelor’s degree in Mathematics, Computer Science, Finance or related field.
- Experience with life insurance and/or annuity products with a demonstrated understanding of relevant product mechanics and calculations, such as UL, IUL, whole life cash value and death benefit calculations, definition of life insurance and modified endowment calculations, interest theory, and other related actuarial product benefit calculations.
- Familiarity with administration or illustration systems for life insurance and/or annuity products.
AI Proficiency Expectations
At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.
- Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
- Stay curious and open to new AI-enabled ways of working.
- Exercise sound judgment by reviewing and validating AI-generated content and results.
- Maintain accountability for the accuracy, quality, fairness, and integrity of work products, including work created or supported through AI.
- Use AI responsibly and in accordance with company policies and guiding principles related to confidentiality, data privacy, security, compliance, retention, and intellectual property.
Core Competencies
Service Focus - Demonstrates a client centric focus for satisfying one’s external and/or internal customers; establishes and maintains effective relationships with customers and gains their trust and respect.
Decision Making - Makes sense of complex information, critically evaluates, and creates solutions.
Results Oriented - Sets performance and personal goals; Driven to meet or exceed goals and objectives.
Plans and Aligns - Plans and prioritizes work to meet commitments aligned with organizational goals; Aligns people and skills to tasks and assignments; Evaluates results of work.
Demonstrates Learning Agility - Enhances skills and knowledge through continuous learning; Focuses on personal results by establishing stretch goals; Seeks feedback and changes accordingly.
Establishes Relationships - Builds partnerships with others to instill trust, collaborate, and meet shared objectives.
Communicates Effectively - Actively listens, conveys messages to meet different audience needs, and remains open to new ideas and opinions.
Fosters Diversity - Values diversity and difference in thought, experience, and perspective; Promotes an environment that embraces diversity, equity, and inclusion; Supports equal and fair treatment for all.
Benefits
- Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!
Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
Site Disclosure and Privacy Policy
National Life Group
1 National Life Dr
Montpelier, VT 05604