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AVU Manager
Ref No.: 17-07176
Location: Plano, Texas
Position Type:Direct Placement
Start Date: 08/03/2017
Our direct client in the Plano, TX area is hiring an Actuarial Validation Unit (AVU) Manager!

Position: Actuarial Validation Unit (AVU) Manager
Location: Plano, TX
Duration: Full Time
Salary: DOE
Start Date: ASAP

  • 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.
Position Day-to-day:
  • 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 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.