The OFSAA Insurance Domain role is crucial in ensuring the efficient functioning of financial systems within an insurance organization. This position involves utilizing OFSAA (Oracle Financial Services Analytical Applications) to implement and maintain data models and workflows that support various insurance processes, risk management, and regulatory compliance.
Job Role: OFSAA Insurance Domain – L1 SupportNotice Period: Immediate – 15 daysExperience: 2 – 10 YearsLocation: BangaloreShift Timings: IST 1:30 AM to 10:30 AM 9:30 AM to 6:30 PM 7:00 AM to 4:00 PM
Knowledge / Experience in : Oracle Data Integrator (ETL)PL/SQLReports - OBIEE (Oracle Analytics Server/Oracle Analytics Publisher)
Key Responsibilities:
- Collaborate with business stakeholders to understand and document OFSAA implementation requirements.
- Design, configure, and maintain OFSAA insurance data models and analytical applications.
- Develop and implement OFSAA workflows for insurance business processes, including policy administration, claims management, and underwriting.
- Perform data analysis to support insurance risk management activities and regulatory reporting.
- Ensure data quality and integrity within the OFSAA system for insurance-related information.
- Participate in testing and validation of OFSAA system changes and enhancements.
- Provide technical support and troubleshooting for OFSAA insurance applications.
- Collaborate with cross-functional teams to integrate OFSAA with other systems and applications within the insurance environment.
- Conduct training and knowledge transfer sessions for end users and stakeholders.
- Stay updated with industry best practices and regulatory requirements related to OFSAA and insurance.
Required Qualifications:
- Bachelor's degree in Finance, Business, Computer Science, or related field.
- 5+ years of experience in implementing and supporting OFSAA within insurance organizations.
- Solid understanding of insurance processes, such as policy administration, claims management, and underwriting.
- Proficiency in data analysis tools and techniques for insurance risk management and compliance.
- Knowledge of regulatory frameworks and requirements relevant to the insurance industry.
- Experience in designing and configuring OFSAA data models and workflows specific to insurance.
- Excellent problem-solving and troubleshooting skills related to OFSAA insurance applications.
- Ability to effectively communicate and collaborate with business stakeholders and technical teams.
- Familiarity with integrating OFSAA with other enterprise systems and applications.
- Relevant certifications in OFSAA and/or insurance technology are a plus.