Noida, IND
1 day ago
Software Dev. Sr. Specialist Advisor
1. Candidates with experience in Life/Annuity Insurance product conversion from one admin system to another is very helpful 2. An ideal candidate will require working knowledge to expertise on many of the following: 1. Working daily reconciliation reports and performing root cause analysis for life products (traditional life, universal life, ISWL, Indexed UL). 2. Thorough understanding and experience working with the following product elements: 3. Market Value Adjustment (MVA) 4. Bailout/Caps/Floor rates 5. Free Withdrawal 6. Minimum Gtd Cash Value 7. Premium based bonus (additional X bps credited assuming Prem Paid > Set limit) 8. Account Value based bonus (additional Y bps credited assuming Account Value > Set Limit) 9. Minimum Premium functionality (Prem that will keep policy active even if cash value is below threshold) 10. h. UL product calculations: COI, Monthly Load, Per Thousand Load, Policy Fee, Payment Fee 11. 7702/7702A - basic understanding of tax limits on premiums paid 12. Working with/coordinating resources helping with the conversion projects/task related activities (not an active project manager, but will require coordination/following up with people in various areas) 13. Working with recon forms, reports, and processes in Access DB and Excel. 14. Experience using VBA with Excel reporting 15. Compiling progress and reporting on status of recon activities 16. Independently working to complete a task with little direction (after understanding the objective and path froward) 3. JIRA experience 4. Need to analyze complex data, identify patterns, and develop solutions. 5. Able to analyze the calculation differences between 2 Admin systems for compare and solution to match them. 6. Must be able to explain technical concepts clearly and concisely to both technical and non-technical audiences 7. Need to be able to evaluate information from various sources and analyze the problem to find solution. Experience / Skills + 15+ years’ work experience in successful delivery of complex policy conversion projects end to end + Strong understanding of data conversion processes, data structures, data mapping + Life & Annuity Insurance domain knowledge in a TPA environment is a must. + Knowledge and experience with project management methodologies (Agile/Waterfall). + Excellent written and verbal communication skills, including the ability to effectively communicate with both technical and non-technical audiences. + Ability to identify and resolve business issues and challenges related to data conversion + Strong understanding of data quality principles and best practices. + Familiarity with life insurance systems, regulations, and industry standards
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