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 valuable 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 BA’s 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:
Should have detailed understanding of the different transactions
Policy Add (EA)
Remittance/Premiums (NA,MA)
Surrenders (TA), Withdrawals (TB,TW)
Payouts (TK)
Loans Processing (TL). Different Kinds of Loans ( Participating, Non Participating, ZIL etc.)
Lapse Pending , Lapse , Paid UP etc
Different Kinds of Disability/ Waiver Claims (Waiver Of Premium, Waiver Of COI, LTC etc.)
Death Claim (DP, PA and DBA) etc. etc.
Basic Understanding of Minimum Required distribution RMD (US), 2 Pot Withdrawals (South Africa) i.e. understanding of early withdrawal concepts for retirement products etc. etc.

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.

Di

📌 Lead Business Analyst (Hyderabad)
🏢 Zensar Technologies
📍 Hyderabad