Sr. Actuarial Systems Analyst

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Role Summary

This position is part of the Life & Annuity Solutions team, focused on designing and managing innovative life and annuity products that enhance customer experience and support business growth. The role blends actuarial and business analyst responsibilities, working across illustration, policy administration, and ancillary systems to resolve complex issues using analytical and problem-solving techniques. The ideal candidate thrives in a fast-paced environment, demonstrates exceptional attention to detail, and maintains accuracy through rigorous testing. Adaptability, a proactive mindset, and the ability to manage multiple priorities are key traits for success in this role. More than just a business analyst position, this role offers the opportunity to shape the future of life and annuity solutions. It involves cross-functional collaboration and meaningful contributions to the company’s mission of delivering on its promises. If you're driven by innovation and impact, this could be the perfect fit.

This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Essential Duties and Responsibilities

• Assist in identifying areas of the systems requiring modifications to support new product designs and functionality.
• Write business requirements for needed modifications to systems, if applicable.
• Continue deepening understanding of NLG’s life and annuity products, their benefit structures and calculations, and the systems on which they are illustrated and administered.
• Develop and refine test strategies, plan for values validation, and coordinate tasks associated with creating or modifying admin or illustrations systems, following established protocols, with an eye toward adapting approaches.
• Independently modify and create test tools to validate product rates and values on impacted systems.
• Create and maintain tools and applications required for the accurate implementation, administration, and support of life and annuity products. Deploy such tools for use by other business units as appropriate.
• Help guide the efforts of Associate Actuarial Systems Analysts, including training.
• Work to build and/or strengthen cross-functional partnerships with other business units and teams throughout the organization.
• Develops and maintains system-based rule configurations to accurately reflect product features in administrative and illustration environments.
• Ad hoc product and policy analysis as required to ensure National Life Group is correctly administering all life and annuity contract.
• All other duties as assigned.

Minimum Qualifications

• Bachelor’s Degree or equivalent combination of education and experience.
• 3-5 years experience in systems or systems support role in financial services industry
• Basic understanding of life and annuity product mechanics
• Ability to work independently and collaboratively. Builds effective relationships.
• Strong math, analysis and verbal and written communication skills.
• Understanding of MS Office suite of applications including very strong Excel skills.
• Highly organized, proactive, solutions-oriented, and a creative problem solver with leadership capabilities

Preferred Qualifications

• Bachelor’s degree in Mathematics, Computer Science, Finance or related field.
• Experience with a wide range of life insurance and annuity products with a demonstrated understanding of product mechanics and calculations, including development of UL, IUL, whole life cash value and death benefit calculations, definition of life insurance and modified endowment calculations, interest theory, and other related actuarial product benefit calculations.
• Familiarity with administration or illustration systems for life insurance and/or annuity products.

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

All applicants are expected to:

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life’s AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.

Base Pay Range . The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.

Additional Compensation and Benefits . The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.

National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.

Salary Pay Range

$95,625—$140,250 USD

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.

Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.

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National Life Group

1 National Life Dr

Montpelier, VT 05604