Participates in the design, development, testing, implementation and subsequent maintenance of Lafayette Life's life insurance and annuity products on their administration and illustration system platforms. Coordinates with IT to write detailed requirements to ensure that calculations are accurately performed and kept with the intended and approved product design. Researches and solves product problems. Coordinates programming change request process and supports testing of revised code. This position is expected to be able to work independently and escalate issues appropriately.
What you will do:
• Independently manages routine maintenance and smaller scale product projects as assigned.
• Supports new product projects through ideation and assessment by assisting in the development of detailed marketing requirements and determination of viable sales levels, product features, risk levels, and profitability.
• Participates in assigned product development execution projects by analyzing issues, recommending solutions, and providing product, illustration, procedural, and testing guidance to project team upon request.
• Assists in the assembly, analysis, and communication of industry and regulatory information on emerging products, services, illustrations and sales systems to be used in the product development process, business planning, and strategic analysis.
• Identifies and documents areas and opportunities for improvement. Coordinates problem resolution with Lafayette, Shared Services, and external personnel.
• Provides support for the development, maintenance and testing of administration systems, illustration systems, transition and rollout plans, product training and educational materials, and operational procedures in a timely manner.
• Participates in the logic and calculation testing of new product coding or updates to coding in both the illustration and administration systems.
• Properly escalates and researches items that arise out of any assigned project that require Lafayette Life signoff and relays those decisions to the project team.
• Liaises with shared services areas for production and operation support, including IT support, business technology, new business, internal wholesaling team, and policy services.
• Supports the testing of programming fixes using Enterprise testing methodologies, ensuring that the fixes are accurate and do not impact other programs already implemented.
• Conducts assigned periodic recurring reporting ensuring that each is delivered correctly and timely. Maintains documentation for all assigned periodic reporting work programs.
• Conducts quality assurance checks upon request, ensuring that product features and calculated values are correct and align with contract language and computation standards. Corrects errors, working with IT and policy services to communicate and, where appropriate, escalate issues.
• Performs other duties as assigned.
• Complies with all policies and standards.
Work Setting/Position Demands:
Travel Requirements:
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