Job Description

WHO WE ARE :



Zinnia is simplifying how people buy, sell, and administer insurance products. Combining intuitive enterprise technology solutions and data insights, the Policygenius marketplace, and market-leading products including SmartOffice, AnnuityNet, LifeSpeed, WinFlex, TPP, VitalSales Suite, and Exchange Consulting, Zinnia is redesigning the insurance experience for shoppers, advisors, and insurers alike -- and enabling more people to protect their financial futures along the way. Zinnia has over $173.7 billion in assets under administration across 100+ carrier clients, 2500 distributors and partners, and over 2 million policyholders.


WHO YOU ARE:



Actuarial Analysts are key contributors to the flow of information between the Actuarial department and other areas of the company such as Product Configuration, Information Technology, Finance, Marketing, and others to help ensure sound business solutions are implemented with quality. Actuarial Analysts are responsible for validating system values during conversions, new product builds, while testing system enhancements, and in other situations. Actuarial Analysts are also responsible for updating documentation when appropriate.


WHAT YOU'LL DO:


• Build an Actuarial calculators/Templates (in Excel) for the various Life Insurance (Term, WL, UL, VUL, IUL) or annuity products (Fixed, Variable, FIA, MYGA) specific calculations like (COI, Cash Value, RMD, MVA, Death benefit, Loans, Illustrations, etc.)
• Reviewing calculators provided by the client for validation at the direction of the client.
• Analyze the client new product requirements, product enhancements and coming up with the new calculations or models to support leadership in decision making.
• In client conversions, participate in product rationalization efforts through analysis of product design and review of specification documents and/or product prospectuses. This includes performing full product assessments in order to identify plan code consolidation and system requirements.
• Consult with internal Product Analysts, Product Specialists and other internal clients to help them gain understanding of clients' products and to cooperatively build test cases for User Acceptance Testing.
• Utilize and update (as necessary, including documentation) toolsets to both demonstrate system functionality and validate system values.
• Identify gaps between client requirements and the ZINNIA solution and proposing ideas to address these issues; if necessary, consulting with system vendors.
• Develop a detailed understanding of clients' products and how those products will be integrated with ZINNIA solutions through interfacing with internal and external client resources.
• Effectively communicate progress and timelines with project teams and management.


WHAT YOU'LL NEED:


• 3 -5 years' of total work experience
• Minimum of 3 years' experience with Actuarial related activities.
• Minimum of 3 years of experience working in the insurance field, and experience with one or more of the following: Fixed Annuities, Variable Annuities, Fixed Indexed Annuities, Traditional Life Insurance (Term Life, Whole Life),Universal Life, Variable Universal Life Insurance, Index Universal Life
• Strong understanding of actuarial principles and concepts
• Advanced experience of the Microsoft suite of products, especially Microsoft Excel. Knowledge of database management via SQL is a big plus.
• Complete understanding of the product life cycle
• Excellent oral and written communication skills
• Strong problem solving, analytical and decision-making skills
• Flexible and adaptable to changing business conditions
• Strong initiative and ability to work independently
• Proven ability to work with other departments and meet aggressive objectives and timelines


Qualifications


• Should have Post graduate degree with Mathematics, Statistics, Computer Science, or Econometrics qualification from reputed institutes
• Completion of min 3 Actuarial papers from the Institute of Actuaries of India or IOA (UK)


WHAT'S IN IT FOR YOU?



At Zinnia, you collaborate with smart, creative professionals who are dedicated to delivering cutting-edge technologies, deeper data insights, and enhanced services to transform how insurance is done. Visit our website at www.zinnia.com for more information. Apply by completing the online application on the careers section of our website. We are an Equal Opportunity employer committed to a diverse workforce. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability.