06 Aug
|
Tata Consultancy Services
|
Chennai
06 Aug
Tata Consultancy Services
Chennai
Urgent Hiring for Life and Annuity Specialist Role in Chennai !!
Position Title: Life & Annuity Insurance Analyst / Consultant
Location: Chennai
Experience: 1-7 years
Shifts : US Shift
Role Summary
The Life & Annuity Insurance professional is responsible for supporting business operations, product administration, policy servicing, claims processing, and business analysis activities related to Life Insurance and Annuity products. The role requires strong domain expertise in insurance processes, regulatory requirements, policy lifecycle management, and stakeholder engagement.
Key Responsibilities
- Analyze and manage Life & Annuity insurance business processes.
- Support policy administration activities including:
- New Business Processing
- Underwriting Support
- Policy Issuance
- Policy Servicing
- Claims Processing
- Surrenders and Withdrawals
- Gather, document, and validate business requirements from stakeholders.
- Perform gap analysis and recommend process improvements.
- Collaborate with business users, product owners, developers, and testing teams.
- Support UAT (User Acceptance Testing) and defect management.
- Ensure compliance with insurance regulations and company policies.
- Prepare business reports, documentation, and process maps.
- Assist in product configuration and implementation initiatives.
- Provide SME support for Life Insurance and Annuity products.
Required Skills
Domain Knowledge
- Solid understanding of:
- Life Insurance
- Fixed Annuities
- Variable Annuities
- Universal Life
- Whole Life
- Term Life Products
- Knowledge of policy lifecycle management.
- Understanding of premiums, beneficiaries, riders, claims, underwriting, and policy servicing.
📌 Urgent Hiring For Life and Annuity Specialist Role in Chennai !!
🏢 Tata Consultancy Services
📍 Chennai