Lead Business Systems Analyst - Actuarial IT
Transamerica · Denver, CO · 2 wk ago
Information Technology$100k–$125k/yrFull-time
About the role
The Lead Business Analyst – IT Actuarial plays a pivotal role in shaping how artificial intelligence enhances actuarial systems and decision-making. This role leads with an AI mindset—identifying, defining, and enabling AI-driven solutions—while serving as the bridge between actuarial experts, IT teams, and business stakeholders.
Responsibilities
- Lead with an AI-first perspective to identify opportunities where artificial intelligence, automation, and advanced analytics can improve actuarial systems and processes.
- Partner with actuarial business teams to gather, analyze, and document requirements, with a focus on AI-enabled use cases such as predictive insights, automation, deep research, and decision support.
- Translate complex actuarial concepts into clear technical and AI-ready specifications for IT, data, and AI engineering teams.
- Collaborate with AI, data engineering, and platform teams to support AI-driven enhancements, data integrations, and modernization initiatives.
- Define and document requirements for actuarial data usage in AI/ML workflows, including data quality, lineage, and governance considerations.
- Work closely with QA and validation teams to define test scenarios and validate AI outputs and system results against actuarial expectations.
- Serve as a strategic bridge between business outcomes and AI-enabled technical execution, ensuring clarity and alignment throughout delivery.
- Research, evaluate, and propose AI approaches for actuarial modeling, risk assessment, process optimization, and analytics.
- Support change management, documentation, and stakeholder communication related to AI adoption within actuarial functions.
- Promote responsible AI usage, explainability, and transparency in actuarial systems and analytics.
Qualifications
- Bachelor’s degree in business, Information Systems, Mathematics, Actuarial Science, Computer Science, or a related field.
- Proven experience as a Business Analyst in an IT, actuarial, data, or analytics-focused environment.
- Strong understanding of Life, Health, Retirement and Annuity insurance products and actuarial processes.
- Demonstrated ability to translate business and actuarial needs into AI-aware functional and technical requirements.
- Familiarity with data-driven systems, data integrations, and analytics platforms.
- Working knowledge of data analysis tools such as SQL, Excel, and BI platforms.
- Strong analytical thinking, problem-solving, and documentation skills.
- Excellent communication skills, with the ability to engage effectively with actuarial, technical, and business stakeholders.
Preferred Qualifications
- Hands-on experience or strong conceptual understanding of AI and machine learning, including predictive modeling, NLP, or decision intelligence.
- Experience supporting or partnering on AI-enabled initiatives within actuarial, finance, or insurance domains.
- Technical background in software development, data engineering, or analytics.
- Exposure to actuarial or financial data platforms and large-scale data environments.
- Experience with automation, data modernization, or digital transformation initiatives.
- Familiarity with Agile or hybrid delivery methodologies.
- Experience in insurance or financial services organizations.
What We Offer
- Competitive Pay
- Annual Bonus based on the Company Bonus Plan/Individual Performance
- Pension Plan
- 401(k) Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
- Health and Work/Life Balance Benefits
- Be Well Company holistic wellness program
- Parental Leave
- PTO for Volunteer Hours
- Employee Assistance Program
- Back-Up Care Program
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion & Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs