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Life Insurance Operations Technical Analyst

Life Insurance Operations Technical Analyst

TEKsystemsMinneapolis, Minnesota, United States
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  • Job Description
  • We are seeking a detail-oriented and innovative Life Insurance Operations Technical Analyst to join our team. This role will focus on the development, testing, and maintenance of life insurance illustration platforms, supporting new product launches, regulatory compliance, and operational excellence. The ideal candidate will have a strong technical bckgd, experience with life insurance products, and a passion for process improvement.

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    Key Responsibilities

    • Develop, test, and maintain life insurance illustration models using tools such as VPMS, Excel, and Assure Product Engine.
    • Collaborate with actuarial, product, and IT teams to ensure illustration calculations are accurate, consistent, and compliant with regulatory requirements.
    • Map complex product structures into the illustration platform, supporting new product launches and system conversions.
    • Build and validate life and annuity product illustrations in Excel, including creating robust testing frameworks and performing calculation audits.
    • Script calculation logic using Excel VBA, JavaScript, or similar tools to prototype or troubleshoot illustration outputs.
    • Document model assumptions, test results, and illustration rules to support audit and business review processes.
    • Support quality assurance by performing regression and compliance testing for new product launches and updates.
    • Ensure alignment with industry data standards such as ACORD, where applicable.
    • Use version control tools (e.g., GIT) for illustration models and testing assets.
    • Translate business and regulatory requirements into clear, actionable artifacts for development and QA teams.
    • Own the documentation process : requirements, workflow diagrams, data mapping, and process maps.
    • Participate in cross-functional meetings to explain requirements, testing results, and system logic to both technical and non-technical stakeholders.
    • Stay current with industry trends and regulatory changes affecting life insurance illustrations and operations.
    • Skills
    • vba, excel analysis, Sql, Data analysis, Forecasting

    • Top Skills Details
    • vba,excel analysis

    • Additional Skills & Qualifications
    • Bachelor's degree in Computer Science, Mathematics, Actuarial Science, or related field.
    • 3+ years of experience with life insurance illustrations, preferably in a modeling, testing, or business analyst capacity.
    • Strong working knowledge of illustration platforms (VPMS, Assure Product Engine).
    • Solid actuarial foundation or experience in life / annuity calculations.
    • Proficiency in Excel-based calculations and scripting (Excel VBA, JavaScript).
    • Deep understanding of life insurance product structures (Term, UL, IUL, SUL, riders).
    • Familiarity with regulatory compliance (CVAT, guideline premiums, etc.) in illustration logic.
    • Excellent analytical, problem-solving, and communication skills.
    • Experience with digital product launches, UX journeys, and technical documentation is a plus.
    • Pay and Benefits
    • The pay range for this position is $27.00 - $30.00 / hr.

      Eligibility requirements apply to some benefits and may depend on your job

      classification and length of employment. Benefits are subject to change and may be

      subject to specific elections, plan, or program terms. If eligible, the benefits

      available for this temporary role may include the following :

    • Medical, dental & vision
    • Critical Illness, Accident, and Hospital
    • 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
    • Life Insurance (Voluntary Life & AD&D for the employee and dependents)
    • Short and long-term disability
    • Health Spending Account (HSA)
    • Transportation benefits
    • Employee Assistance Program
    • Time Off / Leave (PTO, Vacation or Sick Leave)
    • Workplace Type
    • This is a hybrid position in Minneapolis,MN.

    • Application Deadline
    • This position is anticipated to close on Oct 8, 2025.

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      About TEKsystems :

      We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

      The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

      About TEKsystems and TEKsystems Global Services

      We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

      The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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    Operation Analyst • Minneapolis, Minnesota, United States