Join a Global Leader in Workforce Solutions – Net2Source Inc.
Who We Are
Net2Source Inc. isn't just another staffing company, we're a powerhouse of innovation, connecting top talent with the right opportunities. Recognized for 300% growth in the past three years, we operate in 34 countries with a global team of 5,500+. Our mission? To bridge the talent gap with precision—Right Talent. Right Time. Right Place. Right Price.
Role Name: Business Analyst (Actuarial)
Location: Cary, NC
Duration: 12+ MOnths
JOB DESCRIPTION:
Job Summary
We are seeking an experienced Insurance Business Analyst with strong Actuarial domain expertise to support Retail Life Insurance initiatives The ideal candidate should have deep knowledge of Life Insurance products including Term Life Whole Life WL Universal Life UL and Variable Universal Life VUL and experience working closely with business stakeholders actuarial teams underwriting product management and technology teams to drive business transformation and system enhancements
Key Responsibilities
Gather analyze and document business requirements for Life Insurance products and actuarial processes
Collaborate with actuarial product underwriting policy administration and IT teams to define business solutions
Translate business requirements into functional specifications process flows user stories and acceptance criteria
Support product development pricing valuation reserve calculations and regulatory reporting initiatives
Work on policy lifecycle processes including New Business Policy Administration Billing Claims and Servicing
Analyze impacts of product changes and ensure alignment with business objectives and actuarial assumptions
Facilitate workshops stakeholder meetings requirement walkthroughs and UAT sessions
Support testing activities by developing test scenarios reviewing test results and validating business outcomes
Perform gap analysis and identify opportunities for process improvement and automation
Ensure compliance with insurance regulations and actuarial standards
Required Skills Experience
Insurance Domain
Strong experience in Retail Life Insurance
Indepth understanding of
Term Life Insurance
Whole Life WL
Universal Life UL
Variable Universal Life VUL
Knowledge of policy administration and life insurance operations
Actuarial Expertise
Strong understanding of
Actuarial models and methodologies
Pricing and product development
Reserves and statutory reporting
Mortality and lapse assumptions
Risk analysis and profitability studies
Experience working with actuarial teams and actuarial calculations
Business Analysis
Requirement gathering and elicitation
BRD FRD User Stories Use Cases
Process Mapping and Gap Analysis
AgileScrum and Waterfall methodologies
Stakeholder Management
UAT Planning and Execution
Nice to Have
Experience with US Canadian or LATAM Life Insurance markets
Experience in product migrations digital transformation or cloud modernization programs
Knowledge of regulatory frameworks and actuarial reporting standards
Key Competencies
Strong analytical and problemsolving skills
Excellent stakeholder management
Effective communication and documentation skills
Ability to bridge business and technology teams
Strong understanding of life insurance products and actuarial concepts
Mandatory Skills Retail Life Insurance Actuarial Analysis Term Life Whole Life Universal Life Variable Universal Life Requirements Gathering UAT Stakeholder Management SQL
Why Work With Us?
We believe in more than just jobs—we build careers. At Net2Source, we champion leadership at all levels, celebrate diverse perspectives, and empower you to make an impact. Think work-life balance, professional growth, and a collaborative culture where your ideas matter.
Our Commitment to Inclusion & Equity
Net2Source is an equal opportunity employer, dedicated to fostering a workplace where diverse talents and perspectives are valued. We make all employment decisions based on merit, ensuring a culture of respect, fairness, and opportunity for all, regardless of age, gender, ethnicity, disability, or other protected characteristics.
Awards & Recognition
• America's Most Honored Businesses (Top 10%)
• Fastest-Growing Staffing Firm by Staffing Industry Analysts
• INC 5000 List for Eight Consecutive Years
• Top 100 by Dallas Business Journal
• Spirit of Alliance Award by Agile1
Ready to Level Up Your Career?
Click Apply Now and let's make it happen.
Best regards,
Juan C. Matus
Sr. Customer Success Manager