Description
15+ Years of experience in Life Insurance, Retirement and Annuity Domain as a Functional SME

Responsibilities
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, QUICK, Cyberlife, OIPA etc.) and other Insurance S/w (Like Claims Vantage (For Claims) , DSS, SAP Billing etc.) is good 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 with

📌 Business Analysis (Pune)
🏢 Zensar Technologies
📍 Pune