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AVU Manager
Ref No.: 17-07067
Location: Plano, Texas
Position Type:Direct Placement
Start Date: 08/04/2017
Title: Actuarial Validation Unit Manager
Type: Direct-Hire/Permanent
Location: Plano, TX
Start: ASAP


Position:
  • Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through intense education and experience.
  • Travel, 2-3 times/year domestically & conference
  • Support and mentor Actuarial Validation Unit (AVU) team members in designing, coding and testing software for product calculation test automation; develop test strategies and lead team through each plan.
  • Perform automated QA and testing tasks for complex life, health and accumulation product implementations across multiple business areas; identify conditions and scenarios, determine expected results and script outcomes, and document results.
  • Collaborate with business and development teams to determine testing and test automation requirements; coordinate testing with other areas.
  • Create software test automation frameworks and tools that improve and optimize calculation testing efficiency.
  • Perform review of test output, and root cause analysis for discrepancies during testing; report defects and track resolutions.
  • Develop actuarial assumptions to use in pricing, reserving or actuarial modeling in support of business assumptions; perform actuarial analysis to develop valuation approach or risk management strategies.
  • Participate in backlog management, stand-up meetings, planning meetings, and post project meetings.
  • Serve as a liaison to other teams to help them implement calculation test automation and QA strategies.
  • Help define, implement and maintain quality assurance methodologies and processes in line with the larger Quality Assurance organization.
  • Keep abreast of developments and trends in Agile, DevOps, Lean, test automation and software programming practices.
  • Guide teams in agile practices and development of team epics, user stories, acceptance criteria and tasks.
  • Participate in software and actuarial Communities of Practice and other professional development associations or activities.
Qualifications:
  • Bachelor's degree in Actuarial Science, Math or technically related field, or equivalent education/experience.
  • Five years of experience in the financial services industry, including detailed knowledge of products and/or systems for new business and inforce
  • Expertise in one or more product lines and a high level understanding of additional product lines, which include life insurance, annuity products, retirement plans, health insurance, casualty, insurance and group/employer sponsored insurance products
  • In-depth understanding of systems that support one product line and impact multiple functional areas, and working knowledge of systems that support additional product lines
  • Experience in agile testing, project management, and agile software development
  • Interpersonal and collaboration skills
  • Eight years of related work experience.