OIPA Configuration Specialist
About The Position
As an OIPA Configuration Specialist, you will convert business and product requirements into system behavior using OIPA. You will build configurations, test features, and partner across Actuarial, IT, and Product to support both product launches and ongoing administration. This role is ideal for someone early-mid career who is ready to step into deeper technical ownership and has strong upward potential. The Nationwide Financial Actuarial organization uses state-of-the-art tools and is encouraged to innovate and learn to master actuarial methodologies. As an Actuarial Configuration Specialist, you’ll translate business requirements into new functionality. You’ll work with Actuarial, Technology and Product Development to configure life insurance products on the Life Administration System (OIPA).
Requirements
- Degree in Computer Science, Math, Actuarial Science, or related field.
- 4+ years in systems, ETL, data, or config-heavy roles (insurance preferred but not required).
- Familiarity with XML, SQL, VBA/Excel, or similar tools.
- Undergraduate degree in actuarial science, mathematics, statistics, computer science or related field requiring modeling, programming or quantitative analysis preferred.
- Four or more years of systems / actuarial experience (including configuration) with a focus on calculations and actuarial concepts, and strong business acumen.
- Financial or insurance experience a plus.
- Experience in Oracle Insurance Policy Administration (OIPA) configuration is strongly preferred.
- Experience with actuarial concepts and calculations, XML, SQL SoapUI, Excel, and VBA preferred.
- Knowledge of actuarial business functions, statistical methods and actuarial systems including database and integration.
- Solid communication, problem solving and priority setting skills.
Nice To Haves
- OIPA experience is a plus, not a requirement.
- Actuarial exams welcome, but this role does not align with active exam study programs.
Responsibilities
- Configure rules, calculations, and system logic within OIPA (80–90% of the role).
- Build test tools and validate product calculations.
- Analyze data and system behavior to identify improvements or defects.
- Assist in projection/valuation processes and financial/actuarial reporting workflows.
- Contribute ideas to improve performance, architecture, and operational processes.
- Analyzes, designs, and then enters configuration rules, including unit testing, based on the defined business requirements.
- Configures and codes functionality for features that are new to the system.
- Applies actuarial concepts to configuration and coding.
- Configures and codes product features based on product specifications (e.g., calculations).
- Analyzes and loads product rates and updates parameters.
- Supports the testing of configuration rules.
- Maintains and updates the rules palette.
- Configures access and security rules.
- Provides configuration support for monthly production implementation releases.
- Partners with business and technology professionals to build dashboards, custom objects and ensure integration points are supported.
- Utilizes large databases to create visualizations for analysis of actuarial concepts such as policy holder behavior.
- May perform other responsibilities as assigned.
Benefits
- medical/dental/vision
- life insurance
- short and long term disability coverage
- paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
- nine paid holidays
- 8 hours of Lifetime paid time off
- 8 hours of Unity Day paid time off
- 401(k) with company match
- company-paid pension plan
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
