Product Configuration Analyst | Hybrid

Job Level:  Professional

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:  47615
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.


The Product Configuration team within the Actuarial department is responsible for the successful implementation of complex calculations in our policy administration system. As a Product Configuration Analyst, you will work directly with the business and IT teams to design, build, test, implement, and maintain critical processes within the ALIP (Accenture Life Insurance & Annuity Platform) system related to the configuration of insurance/annuity products. You will report to the Product Configuration Director.


What you do:

  • You will develop in-depth understanding of complex insurance and annuity product features and requirements. Develop product expertise for all lines of business.

  • You will translate product specifications in ALIP system design, rules, and logic while ensuring best practices are met. Provide subject matter expertise to partners on system functionality.

  • You will solve complex problems considering required business functionality, sustainability and scalability of solutions.

  • You will review implementation solutions with important partners.

  • You will troubleshoot, debug and fix issues as they arise in lower and production environments.

  • You will assess and develop process improvements within and surrounding the applicable systems.

  • You will work within an Agile environment focused on product delivery.


What you bring:

  • 2-3 years’ experience required

  • Understanding of Life and Annuities product rules and business processes

  • Life and Annuities product development experience with a Policy Administration System; ALIP Product Configuration is preferable

  • Understanding of SQL database and ability to write simple queries

  • Advocate of Agile practices and culture

  • Four year degree in technical discipline, engineering, business, Actuarial science, mathematics, physics, economics or related field; or equivalent experience


What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.

47615 | 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