Senior Consultant - Insurance - FAST Configuration

Role: Product configurator – Business Analyst

Location: Bangalore / Chennai / Coimbatore / Kochi / Kolkata / Noida /Hyderabad / Pune / Trivandrum 

Roles and Responsibilities:

• Deep knowledge of Life and annuity product filling in U.S. market and configuration into platforms.
• Life and Annuity product knowledge and FAST configuration. U.S. State and NAIC product compliance knowledge
• Core Configuration responsibilities: Translate product specs (policy norms, riders’ illustration) in to FAST product configurator rules – plan definitions, coverage options, rate structures, eligibility rules.
• Build and maintain product templates, rules within the configurator
• Manage version control across product variants.
• Requirement gathering across stakeholders from actuarial, products.
• Perform gap analysis between out of box FAST product capabilities and client specific product needs.

Qualification and Experience

• Qualification: Graduate with MBA or bachelor’s in engineering.
• LOMA – ALMI (must)
• Experience: 6 to 9 Years of experience working in Life and Annuity domain in IT Services, Consulting, and Insurance company.
• Have worked on Life and Annuity policy admin system like FAST, Vantage, ALIP, LIFE 400 etc.