Product Analyst
The primary focus of the Product Analyst will be providing detailed technical product support ranging from implementation of new products through development of expertise on issues related to inforce contracts and existing products. The Product Analyst will have a solid knowledge of the business and be an independent worker.
Responsibilities
- Support implementation of new products and product revisions in administration and illustrations systems through review and interpretation of product specifications, responding to questions identified during requirements review and testing and creating models to test accuracy of administration and illustrations systems.
- Support state submission of new products by providing sample values, calculations and formulas where required.
- Responsible for responding to detailed requests/questions on inforce contract features and values and providing clear explanation of results.
- Develop tools and processes to improve and streamline support for existing products.
- Assist in development of improved process for testing of illustration systems.
- Maintain and improve documentation of responsibilities
- Assist in quality control.
- Provide prompt responses to involved questions from management and other departments in a clear and concise manner.
- Enhance understanding of legal and statutory requirements of the business, with the goal of providing accurate and timely responses to issues that arise.
- Serve as a resource and supervise/review the work of team members assigned to assist with projects.
Qualifications:
- Minimum three-plus years of experience in Insurance or Financial Services Industry (experience as Actuarial Analyst preferred).
- Knowledge and Skills Strong understanding of variable annuity products
- Strong understanding of financial/ economic principles and mathematical skills.
- Superior aptitude for MS Office applications, particularly Excel. Visual Basic skills preferred.
- Strong oral and written communication skills.
- Well-developed analytical and problem-solving ability.
- Solid organizational skills.
- Ability to provide concise, accurate explanations in addition to answers.
- Strong programming skills preferred
- Key Differentiator
- Previous VP/MS experience
Experience:
- Bachelors degree or equivalent experience.