Actuarial Tester​/Senior Associate, LIS Tool Developer

Actuarial Tester/Senior Associate, LIS Tool Developer

Job Number: 26-00333

Find your next opportunity in the Financial Services Industry. ECLARO is looking for an Actuarial Tester/Senior Associate, LIS Tool Developer for our client in Lebanon, NJ.

ECLARO's client is one of the largest mutual life insurance companies and provides long-term care insurance, mutual funds and retirement‑plan services across the US. If you’re up to the challenge, then take a chance at this rewarding opportunity!

• As a Senior Associate, LIS Tool Developer, you will join the Life Insurance Solutions team (LIS) and play an essential role in the Core Modernization initiative.
• Support the development, testing, and maintenance of Excel based scenario testing tools used to validate product behavior in the new policy administration system.
• Expertise in Universal Life and/or Whole Life products, strong Excel modeling skills, and clear communication will be vital to ensuring accurate policy lifecycle values and a successful system transition.
• As part of the Core Modernization program, client must configure retail life insurance products into the new policy administration system and validate that the system produces accurate values throughout the policy lifecycle.
• To accomplish this, scenario testing tools must be created for each product to compare results from the new system.

Pay Rate: $64.72/Hour.

• Design and update Excel-based scenario testing tools to support product configuration and lifecycle analysis for Retail Life products
• Build, test, and maintain accurate and reliable testing tools as we migrate to the new policy administration system
• Collaborate closely with the Automation Development team to integrate automation features and ensure seamless interaction with testing tools
• Monitor tool efficiency and reliability, making improvements to usability and performance
• Provide clear documentation and communicate findings across the team to support product development and modernization efforts

• Extensive knowledge of Life Insurance products and product functionality
• Strong Excel skills
• General understanding of IRC Sections 7702 and 7702A
• Strong communication skills
• Extensive, detailed knowledge of Life Insurance products and product functionality - understand product components, how money/taxes come into play
• Strong Excel skills - VLOOKUP, formulas
• General understanding of IRC Section 7702 and 7702A and the requirements within
• Strong communication skills - ability to clearly explain tasks, report on calls with the Scrum team

• Experience with Excel VBA
• Experience working in an Agile software development environment
• Working knowledge of QA review and testing processes, including designing test scenarios, understanding testing techniques and tools, and recognizing technology impacts

• 401k Retirement Savings Plan administered by Merrill Lynch
• Commuter Check Pretax Commuter Benefits
• Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO

Lester Candilado

Lester Candilado | Linked In

Equal Opportunity

Employer:

ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.