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Actuarial Software Engineer II - Analyst

iCapital - Jaipur, India - Hybrid - posted 2026-07-29

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iCapital is seeking a C#/.NET Software Engineer to design, develop, and maintain the business calculation layer powering insurance illustration and sales platforms. This role focuses on translating complex product rules, financial calculations, and business formulas into scalable, high-performance software solutions. You will work closely with product, actuarial, and engineering teams across India and the US to implement calculation logic for life and annuity insurance products. The core responsibility involves analyzing business requirements and calculation spreadsheets, then converting those rules into robust, maintainable .NET applications and APIs. Key responsibilities include: - Design and develop complex business calculation engines and services using C# and .NET - Translate business requirements, product specifications, and spreadsheet-based models into scalable software solutions - Build and enhance APIs and backend services for insurance platforms - Ensure calculations are accurate, performant, auditable, and aligned with product requirements - Apply object-oriented design principles, design patterns, and .NET architectural best practices - Develop comprehensive unit tests and support automated testing - Analyze, debug, and resolve complex business logic issues - Collaborate with product, actuarial, QA, and engineering teams - Create and maintain technical documentation - Provide effort estimates and own deliverables through the full development lifecycle - Participate in Agile development processes Required qualifications: - 3+ years of professional software development experience - Strong proficiency in C# and the .NET ecosystem - Experience with ASP.NET / .NET Core, Web APIs, and service-oriented architecture - Solid understanding of object-oriented design, SOLID principles, and design patterns - Experience with SQL databases (SQL Server preferred), including query optimization and data modeling - Ability to interpret and validate financial and actuarial calculations - Hands-on Excel experience for understanding calculation logic - Familiarity with Agile/Scrum development - Experience with Git / Azure DevOps, JIRA, or similar tools - Strong debugging, problem-solving, and analytical skills - Ability to bridge actuarial logic and software engineering - High ownership and accountability - Comfort working in distributed India–US teams - Strong attention to detail for financial accuracy - Willingness to learn insurance domain knowledge Preferred experience includes insurance illustration or actuarial systems, annuity/life insurance products, Entity Framework or similar ORMs, CI/CD pipelines, performance optimization techniques, and application security best practices. The role operates on a hybrid schedule with four days in office and one day remote (Friday).

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