**Product Systems Analyst** **Milwaukee, WI** **Type:** Contract-to-Hire **Category:** Business Analysis **Industry:** Insurance **Reference ID:** JN -062025-102551 **Date Posted:** 06/17/2025 **Shortcut:** http://careers.eliassen.com/uQ0iXr + Description + Recommended Jobs **Description:** *Hybrid inMilwaukee, WI* Our client is looking for a Product Systems Analyst. The Product Sytems Analyst is responsible for configuring and maintaining life insurance and annuity products within the company's policy administration system. This includes setting up product plans, rules, rate tables, and related system logic to ensure accurate policy issuance, billing, and administration. The role works closely with product, actuarial, operations, and IT teams to implement new products, support in-force changes, and ensure compliance with regulatory and business requirements. _This is a contract to hire opportunity. Applicants must be willing and able to work on a w2 basis and convert to FTE following contract duration. For our w2 consultants, we offer a great benefits package that includes Medical, Dental, and Vision benefits, 401k with company matching, and life insurance._ _Rate: $60 - $70 / hr. w2_ **Responsibilities:** + Configure life and annuity product plans, rules, benefits, and rate tables in the policy administration system (PAS). + Collaborate with actuarial and product teams to interpret product specifications and translate them into system logic. + Validate and test configuration changes to ensure accurate calculations of premiums, benefits, riders, and illustrations. + Maintain documentation of product setup, configuration changes, and version control. + Support implementation of new product launches and modifications to existing products. + Troubleshoot system issues related to product configuration and provide resolution in coordination with IT and vendor teams. + Ensure product configurations align with business rules, regulatory requirements, and compliance standards. + Assist in quality assurance testing and user acceptance testing (UAT) for product-related system changes. + Participate in system upgrades or conversions impacting product setup. **Experience Requirements:** + 3+ years of experience in life insurance and/or annuity product setup, configuration, or administration. + Strong working knowledge of policy administration systems (e.g., ALIP, Vantage, LifeComm, CoreSuite, or similar). + Understanding of insurance product structures, including term, whole life, UL, and annuity products. + Proficiency with Excel; familiarity with reading actuarial specs, rates, and formulas. + Experience with system testing, defect tracking, and configuration documentation. + Strong analytical, organizational, and communication skills. **Education Requirements:** + Bachelor's degree in Business, Computer Science, Actuarial Science, or related field preferred. _Skills, experience, and other compensable factors will be considered when determining pay rate. The pay range provided in this posting reflects a W2 hourly rate; other employment options may be available that may result in pay outside of the provided range._ _W2 employees of Eliassen Group who are regularly scheduled to work 30 or more hours per week are eligible for the following benefits: medical (choice of 3 plans), dental, vision, pre-tax accounts, other voluntary benefits including life and disability insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality._ _Please be advised- If anyone reaches out to you about an open position connected with Eliassen Group, please confirm that they have an Eliassen.com email address and never provide personal or financial information to anyone who is not clearly associated with Eliassen Group. If you have any indication of fraudulent activity, please contact InfoSec@eliassen.com._ _About Eliassen Group:_ _Eliassen Group is a leading strategic consulting company for human-powered solutions. For over 30 years, Eliassen has helped thousands of companies reach further and achieve more with their technology solutions, financial, risk & compliance, and advisory solutions, and clinical solutions. With offices from coast to coast and throughout Europe, Eliassen provides a local community presence, balanced with international reach. Eliassen Group strives to positively impact the lives of their employees, clients, consultants, and the communities in which they operate._ _Eliassen Group is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status._ _Don't miss out on our referral program! If we hire a candidate that you refer us to then you can be eligible for a $1,000 referral check!_