Life Insurance Product Expert

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Life Insurance Product Expert

@ CGI

Position Description:

  • CGI is seeking a highly skilled and experienced Life Insurance Product Expert with a strong background in product manufacturing/design/analysis.
  • The ideal candidate will possess deep expertise in Life and Annuity products, including comprehensive knowledge of complex product actuarial rules, valuation, projections, interest crediting, administrative rules and other related areas.
  • This is an excellent opportunity for a highly motivated individual to apply their Life/Annuity product expertise to solve complex and challenging problems and contribute to the growth of the CGI Life/Annuity practice.
  • This position is located in our Lafayette, LA; Cary, NC; NYC, NY; New Brunswick, NJ or Plymouth Meeting, PA offices, in a hybrid working model.


Your future duties and responsibilities:

  • Lead the analysis of Life and Annuity products in closed block/runoff businesses.
  • Document/clarify business rules and calculations in support of Operations and IT users.
  • Collaborate with cross-functional teams to identify options for simplifying runoff business including consolidation of product/plan codes, manual operations, or replacement products where possible.
  • Support analysis and testing of IT systems in collaboration with development/support teams with a focus on financial reconciliation.
  • Provide expert insights and technical guidance to internal teams on product-related issues.


Qualifications:

Required qualifications to be successful in this role:

  • Proven experience in life insurance product manufacturing, with a focus on IUL/VUL/VA and other complex products.
  • In-depth knowledge of actuarial rules, valuation principles, and projection techniques.
  • Strong analytical and problem-solving skills with the ability to manage complex product designs.
  • Familiarity with regulatory frameworks and compliance requirements in the life insurance industry.
  • Excellent communication skills for effective collaboration with internal and external stakeholders.
  • Professional actuarial credentials (e.g., ASA, FSA) and/or business credentials (FLMI, ALMI) are strongly preferred.


Desired Skills:

  • Experience with analyzing legacy books of business and rationalizing product/plan codes for runoff is desired


Education Requirements:

  • Bachelor's degree


Skills:

  • Business Analysis
  • Data Analysis
  • Life Insurance
  • Product Owner


How to Apply:

Apply online at https://www.cgi.com/en/careers

Visit Site to Apply

Location: Lafayette, LA
Date Posted: January 24, 2025
Application Deadline: February 24, 2025
Job Type: Full-time