Sr. Actuarial Systems Analyst

National Life Insurance Company•Montpelier, VT

1d•$95,625 - $140,250•Onsite

About The Position

This position is part of the Life & Annuity Solutions team, focused on designing and managing innovative life and annuity products that enhance customer experience and support business growth. The role blends actuarial and business analyst responsibilities, working across illustration, policy administration, and ancillary systems to resolve complex issues using analytical and problem-solving techniques. The ideal candidate thrives in a fast-paced environment, demonstrates exceptional attention to detail, and maintains accuracy through rigorous testing. Adaptability, a proactive mindset, and the ability to manage multiple priorities are key traits for success in this role. 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 are 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.

Requirements

Bachelor’s Degree or equivalent combination of education and experience.
3-5 years experience in systems or systems support role in financial services industry
Basic understanding of life and annuity product mechanics
Ability to work independently and collaboratively. Builds effective relationships.
Strong math, analysis and verbal and written communication skills.
Understanding of MS Office suite of applications including very strong Excel skills.
Highly organized, proactive, solutions-oriented, and a creative problem solver with leadership capabilities

Nice To Haves

Bachelor’s degree in Mathematics, Computer Science, Finance or related field.
Experience with a wide range of life insurance and annuity products with a demonstrated understanding of product mechanics and calculations, including development of 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.

Responsibilities

Assist in identifying areas of the systems requiring modifications to support new product designs and functionality.
Write business requirements for needed modifications to systems, if applicable.
Continue deepening understanding of NLG’s life and annuity products, their benefit structures and calculations, and the systems on which they are illustrated and administered.
Develop and refine test strategies, plan for values validation, and coordinate tasks associated with creating or modifying admin or illustrations systems, following established protocols, with an eye toward adapting approaches.
Independently modify and create test tools to validate product rates and values on impacted systems.
Create and maintain tools and applications required for the accurate implementation, administration, and support of life and annuity products. Deploy such tools for use by other business units as appropriate.
Help guide the efforts of Associate Actuarial Systems Analysts, including training.
Work to build and/or strengthen cross-functional partnerships with other business units and teams throughout the organization.
Develops and maintains system-based rule configurations to accurately reflect product features in administrative and illustration environments.
Ad hoc product and policy analysis as required to ensure National Life Group is correctly administering all life and annuity contract.
All other duties as assigned.