
Actuarial Software Engineer II
iCapital
Salt Lake City, UT • 11m ago • On-site
Mid
On-site
80,000 - 95,000 USD/yr
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Potential salary for Actuarial Software Engineer II role
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$80,000 – $95,000/year
Quick Facts
- Role: Actuarial Software Engineer II
Description
You will design, develop, and maintain business calculation engines and services that power insurance illustration, quoting, and product sales platforms. You’ll translate actuarial and product rules, financial and actuarial calculations, and spreadsheet-based models into scalable, high-performance .NET applications, APIs, and services, ensuring accuracy, performance, and auditability.
Responsibilities
- Design, develop, and maintain complex business calculation engines and services using C# and .NET
- Translate business requirements, product specifications, formulas, and spreadsheet-based calculation models into scalable, maintainable software
- Build and enhance APIs and backend services that power insurance illustration, quoting, and product platforms
- Ensure calculations are accurate, performant, auditable, and aligned with product requirements
- Apply strong object-oriented design principles, SOLID, design patterns, and .NET architectural best practices
- Develop comprehensive unit tests and support automated testing for calculation integrity and system reliability
- Analyze, debug, and resolve complex business logic and application issues
- Collaborate with product, actuarial, QA, and engineering teams to deliver high-quality solutions
- Create and maintain clear technical documentation for calculation logic and system design
- Provide accurate effort estimates and take ownership of deliverables through design, development, testing, and deployment
- Participate in Agile development and continuous improvement initiatives
Requirements
- 3+ years of professional software development experience
- Strong proficiency in C# and the .NET ecosystem
- Strong back-end development experience implementing business logic
- Strong understanding of object-oriented design, SOLID principles, and design patterns
- Experience with SQL databases (SQL Server preferred), including query optimization and data modeling
- Hands-on experience with Excel
- Familiarity with Agile and Scrum
- Experience with Git and Azure DevOps, JIRA, or similar tools
- Strong debugging, problem-solving, and analytical skills
- Comfort working across global teams
- Strong attention to detail, especially for financial accuracy
- Willingness to continuously learn insurance domain knowledge and modern engineering practices
- Performance optimization experience (caching and asynchronous processing)
- Knowledge of application security and data protection best practices
Benefits
- Base salary range: $80,000 to $95,000
- Compensation package includes salary, equity, and an annual performance bonus
- Employer-matched retirement plan
- Generously subsidized healthcare including 100% employer-paid dental and vision; telemedicine and virtual mental health counseling
- Parental leave and unlimited paid time off (PTO)
- Work model: office Monday–Thursday; remote flexibility on Friday
- Based in Salt Lake City, UT
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