Operations Technical Analyst Senior | Hybrid

Job Level:  Professional
Location: 

Minneapolis, MN, US, 55416

Area of Expertise:  Actuarial
Unit:  Allianz US Life
Employing Entity:  Allianz Life Insurance Company
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  43264
Position Cluster:  Non-Executive

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

 

Your goal as part of the Product Analysis team within Actuarial Modeling & System is to own implementation of policy values calculations for new product, and maintaining stakeholder engagement with a wide range of areas (actuarial, IT, compliance and legal). You will write and develop system calculations, requirements, and partner with leadership and product owners to understand operational challenges. This role leads development for technical solutions to achieve operational goals and efficiencies by applying knowledge of products, relevant regulations, and administrative systems. Instrumental in implementation of solutions in complex situations.

 

What you do:
 

  • Develop calculation requirements alongside other Operations Technical Analysts, Product Owners, and key stakeholders; create and verify accuracy of a “source of truth” document for product values.
  • Leads meetings to review technical requirements and facilitate discussions on solution application.
  • Verify Calculation Library and requirements through creation of mathematical and development testing tools.
  • Use Agile methodologies, participate in Scrum team(s), and identify impacts/changes to product calculations in Allianz administration systems while evaluating risk and test coverage needed.
  • Assist with creation of clear, concise test plans; review test evidence in order to ensure test execution was completed as written.
  • Research and analyze technical administrative opportunities and develop recommendations to improve accuracy, efficiency and compliance through collaboration with key stakeholders and other technical areas. 
  • Assist with training and development of individuals; senior reviewer of others’ work.
  • Participate in key initiatives and special projects as assigned.
  • Document processes and analysis performed.

 

What you bring:

  • 4-5 years’ experience in relevant technical and/or business field required
  • Four-year degree in Mathematical or related field required
  • Advanced technical skills in the areas of:
    • Microsoft Excel functionality including Visual Basic for Applications
    • Product features and mechanics and their administration systems
    • Modeling of product features
    • Relevant regulations and mathematical interpretation of policy language
    • Understanding of basic Actuarial concepts

 

43264 | Actuarial | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

 

Join us. Let's care for tomorrow.


Nearest Major Market: Minneapolis