Business Analysis Digital-Ba, Consulting Digital
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Job Summary
15 Years of experience in Life Insurance Retirement and Annuity Domain as a Functional SME
Responsibilities
Job Description
- 15 Years of experience in Life Insurance Retirement and Annuity Domain as a Functional SME
- At least 8-10 years of experience in Vantage or Wealth Management Accelerator (WMA) as a Lead Business Analyst/Functional SME
- Experience in other Policy Admin Systems (ex-ALIP FAST Cyberlife OIPA etc.) and other Insurance S/w (Like Claims Vantage (For Claims) DSS SAP Billing etc.) is good to have
- Should have stakeholder Management Experience as a Functional SME/Lead Business Analyst. Experience in the following (must have):
- Led the Joint Application Development Requirement Gathering in new product launches platform modernization system/product enhancement etc.
- Has a lead of Junior Intermediate and Senior BAs in their assignments and bringing BA best practices in-play
- Helping the Customers in process improvements (i.e. consulting them with Industry Best Practices)
Qualifications
From Policy Admin Vantage side below are the technical skill sets which we are expecting candidate to have
| Functional Area | Details |
| Post Issue Life Cycle | Should have a detailed understanding of the post issuance life cycle process:
The Candidate should have proper understanding of above transactions for example for surrender and withdrawals they should have understanding of surrender charge/Penalty Rules(How they are driven based on Business Rules Tables) Rules For Free Amount etc. Differences between Lapse Pending Lapse Paid Up should have comprehension skills to understand different rules What is the difference between Cost Of Insurance Rider Fee Benefit Charges Premium Load etc. |
| Business Rules Tables | Life and Annuity Policy Admin Systems like Vantage WMA ALIP etc are driven around business rules instead of Hard Vantage there are various db2/VSAM (In Old Instance Of Vantage) Tables where the Business Rules are defined instead of doing hard coding. Few examples are:
Note: It is not mandatory for the Candidate to know all the Tables since these tables are highly customized/and vary on the versions of vantage instance and also vary on what kind of products Insurance carrier have. But they should have a reasonable understanding of how the business rule table works and they should be able to explain it how they have used it in their previous projects with different clients |
About Company
At Zensar, we’re “experience-led everything”. We are committed to conceptualizing, designing, engineering, marketing, and managing digital solutions and experiences for over 130 leading enterprises. We are a company driven by a bold purpose: Together, we shape experiences for better f ... View more
