Life Insurance SME Actuary
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Job Summary
To support the successful conversion of life insurance products, the part-time temporary Life Insurance SME Actuary will provide actuarial expertise to ensure accurate documentation, testing, and validation of product rules and calculations during the transition to a new policy administration platform.
Key responsibilities
- Serve as the primary subject matter expert for assigned life insurance products, interpreting and documenting product rules across the policy lifecycle
- Analyze legacy system outputs and historical data to identify undocumented rules and inconsistencies, translating them into testable business requirements
- Collaborate with cross-functional teams to validate conversion mappings and define test scenarios, ensuring accurate outputs between legacy and new systems
Required qualifications
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Business, or related field
- ASA (Associate of the Society of Actuaries) designation
- 7+ years of experience in life insurance product, actuarial, policy administration, or insurance operations roles
- 5+ years of hands-on experience with life insurance products across the policy lifecycle
- Expertise in compliance with IRC Sections 7702 and 7702A, including Necessary Premium Testing
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