What are the responsibilities and job description for the Lead Actuary Java Developer position at W3Global?
Job Title: Lead Actuary Java Developer
Location: Remote (Monthly Travel to Newtown Square, PA)
Employment Type: Full-Time
Company Overview
The Client is a leading provider of cloud-native Policy Administration Systems (PAS) for Life and Annuities. Their software-as-a-service (SaaS) platform accelerates product development, enhances compliance, and reduces costs for insurance carriers. They are on a mission to be the premier insurance software platform for product innovation and service.
They are looking for a Lead Actuary Java Developer with hands-on actuarial experience in Life Insurance (Indexed Universal Life required) and strong Java development skills to join their team.
Key Responsibilities
✅ Actuarial & Insurance Expertise:
✔ Competitive salary
✔ Remote-first role (with occasional travel to Newtown Square, PA).
✔ Comprehensive Benefits Package, Including
Location: Remote (Monthly Travel to Newtown Square, PA)
Employment Type: Full-Time
Company Overview
The Client is a leading provider of cloud-native Policy Administration Systems (PAS) for Life and Annuities. Their software-as-a-service (SaaS) platform accelerates product development, enhances compliance, and reduces costs for insurance carriers. They are on a mission to be the premier insurance software platform for product innovation and service.
They are looking for a Lead Actuary Java Developer with hands-on actuarial experience in Life Insurance (Indexed Universal Life required) and strong Java development skills to join their team.
Key Responsibilities
- Actuarial & Product Development:
- Develop and maintain product templates for Indexed Universal Life (IUL), Whole Life, Term, and Annuity products.
- Analyze actuarial requirements to ensure accurate product implementation.
- Validate product configurations, rates, and features for accuracy.
- Identify gaps in the Penn River framework that may impact product success.
- Java Development & API Integration:
- Write Java code to implement and maintain Penn River's Life and Annuity product templates.
- Develop REST API endpoints and document changes using Penn River's standards.
- Utilize JPA (database mapping), JAXB (XML/JSON mapping), and JAX-RS (REST framework) to ensure system integration.
- Work with the Penn River correspondence framework to code client messages and notifications.
- Develop extracts and reports for clients using Penn River's reporting tools.
- Collaboration & Problem-Solving:
- Work closely with Business Analysts to validate product requirements and expected results.
- Coordinate with Integration and UI teams to ensure smooth development.
- Troubleshoot issues with client technical teams during testing.
- Provide guidance to junior developers, write integration specifications, and conduct code reviews.
✅ Actuarial & Insurance Expertise:
- 3 years of hands-on actuarial experience in Life Insurance (Indexed Universal Life experience is required).
- Strong understanding of Life & Annuity product development.
- Experience analyzing and implementing actuarial requirements into software products.
- 3 years of Java development experience with proven expertise in:
- Eclipse (Preferred development environment).
- JSF (JavaServer Faces) for UI development.
- JPA (Relational database mapping).
- JAXB (Object-to-XML/JSON mapping).
- JAX-RS (REST API development).
- SQL/PostgreSQL (Database management).
- Ability to write clean, efficient, and well-documented code.
- Bachelor's degree in Mathematics, Actuarial Science, Statistics, Computer Science, or related fields.
- Strong communication and problem-solving skills.
- Ability to work independently in a fast-paced, agile environment.
- Must be a U.S. citizen or permanent resident.
- Must pass a criminal background check.
✔ Competitive salary
✔ Remote-first role (with occasional travel to Newtown Square, PA).
✔ Comprehensive Benefits Package, Including
- 401(k) with matching
- Health, dental, and vision insurance
- Paid time off and flexible scheduling ✔ Opportunity to work with cutting-edge insurance technology. ✔ Make an impact by shaping the future of Life Insurance product development.
