Thanks for these interesting insights. It's hard to imagine today how scarce computers actually were at that time. The assembler was for the System/360?
The 9300 I programmed had 32K, tape drives, card reader & punch. It ran NCOS (Non-Concurrent OS). It had no virtual memory, so we had to write our own "overlays", sections of code that were loaded at beginning and end of a run, for initialization and wrapping up. No console, just sixteen lights to display error numbers, and eight butterfly switches for writing directly to memory.
Imagine running an insurance company on 32K!
Was your whole insurance application only assembler, i.e. no COBOL or RPG at all?
I left the company after three years because I could only compile & test at night or on weekends.