Job Details

ID #45895405
State New Jersey
City Lebanon
Job type Permanent
Salary USD TBD TBD
Source New York Life Insurance Company
Showed 2022-09-22
Date 2022-09-21
Deadline 2022-11-19
Category Et cetera
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Test Engineer - Calculation Tool Developer

New Jersey, Lebanon, 08833 Lebanon USA

Vacancy expired!

When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

Hybrid (on-site Tues, Wed, Thurs)

The Retail Life Insurance Technology team is seeking an experienced Actuarial Programmer with a minimum of 5+ years of Whole Life or Universal Life product experience. The individual will be responsible for developing testing tools for the validation of product calculations from the administrative systems. This will involve knowledge of transactional processing in a real live administrative environment. The testing tools use EXCEL and EXCEL VBA development platform. The testing tool results, and the administration system results are validated using a batch compare process that allows for hands off automated validation. The individual may play a key role in functional projects, process or vendor management and is also responsible for training the QA team on proper usage of the calc tool and training any Junior Developers, Test Engineers, or new team members on coding and best practices in the development of the calculation tools

Job Requirements

Provide support for NYL Life Product portfolio relating to:
  • Design/development of Life Product complex product simulations
  • Design/ development of batch processing [life cycle] of Life Product calculation simulations
  • Automation of end-to-end product life cycle calculations to achieve speed to market, efficiency, and accuracy
  • Maintain and enhance existing calculation simulation tools
  • Design / establish benchmark programs against the NYL Administrative Systems
  • Support the Retail Life QA team, troubleshoot technical issues within prescribed productivity time frame
  • Provides the QA Test Engineers and Solution Developers in the interpretation of expected results produced from the simulation tools and the Administrative Systems
  • Participates in Life Product Design sessions and may provide recommendations and suggestions, on approach when applicable

Required Skills
  • Minimum of 5+ years of Life insurance experience
  • Strong knowledge of Whole Life and/or Universal life a plus
  • Experience with Life Insurance Product Illustrations a plus
  • Analytical and financial model skills a plus
  • Strong execution and time management skills, ability to move multiple projects along under tight deadlines
  • Experience with Advanced Excel and VBA required
  • Experience with database and SQL servier a plus
  • Programming skills a plus
  • Ability to convey technical concepts to non-technical audience
  • Strong written and oral communication skills
  • Detail oriented

Education
  • Bachelor's degree in Mathematics and/or Actuarial certification preferred but not required
SF: LI-CC1

SF: LI-PC1

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation . We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn , our Newsroom and the Careers page of www.NewYorkLife.com .

Job Requisition ID: 87293

Vacancy expired!

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