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EY Senior - BT-INS 
India, West Bengal, Kolkata 
236098658

17.07.2024

Working as part of the Consulting team, you will take part in engagements related to a wide range of topics. Some examples of domains in which you will support our clients include the following:

  • Proficient in Individual and Group Life Insurance concepts, different type of Annuity products etc.
  • Proficient in different insurance plans - Qualified/Non-Qualified Plans, IRA, Roth IRA, CRA, SEP, 401K
  • Solid knowledge on the Policy Life cycle
    • Illustrations/Quote/Rating
    • New Business & Underwriting
    • Policy Servicing and Administration
    • Billing & Payment
    • Claims Processing
    • Disbursement (Systematic withdrawals, RMD, Surrenders)
    • Regulatory Changes & Taxation
  • Understanding of business rules of Pay-out
  • Demonstrated ability of Insurance Company Operations like Nonforfeiture option/ Face amount increase, decrease/ CVATor GPT calculations /Dollar cost averaging and perform their respective transactions
  • Understanding on upstream and downstream interfaces for policy lifecycle

Consulting Skills

  • Experience in creating business process map for future state architecture, creating WBS for overall conversion strategy, requirement refinement process in multi-vendor engagement.
  • Worked on multiple Business transformation and modernization programs
  • Conducted multiple Due-Diligence and Assessment projects as part of Transformation roadmaps to evaluate current state maturity, gaps in functionalities and COTs solution features
  • Requirements Gathering, Elicitation –writing BRDs, FSDs. Conducting JAD sessions and Workshops to capture requirements and working close with Product Owner.
  • Work with the client to define the most optimal future state operational process and related product configuration
  • Define scope by providing innovative solutions and challenging all new client requirements and change requests but simultaneously ensuring that client gets the required business value
  • Elaborate and deliver clearly defined requirement documents with relevant dataflow and process flow diagrams
  • Work closely with product design development team to analyse and extract functional enhancements
  • Provide product consultancy and assist the client with acceptance criteria gathering and support throughout the project life cycle

Technology Skills-

  • Proficient in technology solution architecture, with a focus on designing innovative and effective solutions.
  • Experienced in data migration projects, ensuring seamless transfer of data between systems while maintaining data integrity and security.
  • Skilled in data analytics, utilizing various tools and techniques to extract insights and drive informed decision-making.
  • Strong understanding of data governance principles and best practices, ensuring data quality and compliance.
  • Collaborative team player, able to work closely with stakeholders and technical teams to define requirements and implement effective solutions.

Industry certifications (AAPA/LOMA) will be added advantage.

Experience on these COTS product is preferrable.

  • FAST
  • ALIP
  • OIPA



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