Insurance Product Configuration Engineer

ThriventRemote-Minnesota, MN
$99,108 - $134,087Remote

About The Position

This role sits at the intersection of insurance product design, actuarial logic, and systems configuration. As an Insurance Product Configuration Engineer, you will help turn complex pricing, risk, and product requirements into scalable, production-ready system behavior across Life, Health, and Annuity products. You’ll play a key role in how insurance products are built, configured, validated, and delivered—translating product and actuarial intent into accurate rules, calculations, and automated validation approaches. Working across actuarial, engineering, and business teams, you will help improve product quality, accelerate delivery, and support modernization through automation, product configuration expertise, and AI-enabled ways of working.

Requirements

  • Bachelor's degree in Computer Science or other technical field or equivalent work experience
  • 5+ years applicable experience
  • Demonstrated leadership on mid-large scale projects

Nice To Haves

  • Strong understanding of Life, Health, or Annuity product mechanics, including familiarity with policy administration platforms and processes.
  • Degree or coursework in Engineering, Actuarial Science, Applied Mathematics, Data Science, or a related field.
  • Experience with SQL, Python, SFTP, APIs, and product configuration or business rules engines.
  • Familiarity with automated testing frameworks, validation approaches, and CI/CD practices that support repeatable, high-quality releases.
  • Ability to translate actuarial concepts into system design and configuration, partnering effectively with technical, actuarial, and business stakeholders.
  • Practical experience using generative AI to accelerate documentation, analysis, rule interpretation, code assistance, and configuration workflows for complex business systems.
  • Strong problem-solving skills with the ability to evaluate complex product logic, identify risks, and make sound decisions.
  • Demonstrates curiosity, adaptability, and the ability to work effectively across disciplines while learning new domains, tools, and platforms quickly.
  • Strong organizational skills with the ability to manage detail, prioritize effectively, and maintain quality across multiple workstreams.
  • Familiarity with technology standards, procedures, and policies that support secure, compliant, and maintainable delivery practices.

Responsibilities

  • Translate actuarial models, product specifications, and business rules into executable system logic within a product configuration environment.
  • Configure and support product behavior across Life, Health, and Annuity domains, including premium calculations, benefit structures, payout logic, and rating rules.
  • Validate complex calculations and product behavior, including interest, mortality, morbidity, present value, future value, and risk-based logic within the software environment.
  • Build and maintain automated validation and testing approaches that compare system outputs to expected results and support reliable, low-regression releases.
  • Use AI tools to improve speed and accuracy in rule interpretation, documentation, analysis, and configuration workflows.
  • Partner with actuaries, architects, engineers, and business stakeholders to deliver consistent, high-quality product behavior across connected systems.

Benefits

  • various bonuses (including, for example, annual or long-term incentives)
  • medical, dental, and vision insurance
  • health savings account
  • flexible spending account
  • 401k
  • pension
  • life and accidental death and dismemberment insurance
  • disability insurance
  • supplemental protection insurance
  • 20 days of Paid Time Off each year
  • Sick and Safe Time
  • 10 paid company holidays
  • Volunteer Time Off
  • paid parental leave
  • EAP
  • well-being benefits
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