FS-RC-BT INS-Life and Annuity at EY

Noida, Uttar Pradesh, India -

Full Time

Start Date

Immediate

Expiry Date

24 Feb, 26

Salary

0.0

Posted On

26 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Life Insurance, Annuity Products, Policy Life Cycle, New Business Underwriting, Policy Servicing, Claims Processing, Data Migration, Data Analytics, Data Governance, Business Process Mapping, Requirements Gathering, Product Consultancy, COTS Products, DXC Platforms, Consulting Skills, Regulatory Changes

Industry

Professional Services

Description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. JD for L&A Business Consultant Working as part of the Consulting team, you will take part in engagements related to a wide range of topics. Some examples of domains in which you will support our clients include the following: Proficient in Individual and Group Life Insurance concepts, different type of Annuity products etc. Proficient in different insurance plans - Qualified/Non-Qualified Plans, IRA, Roth IRA, CRA, SEP Solid knowledge on the Policy Life cycle Illustrations/Quote/Rating New Business & Underwriting Policy Servicing and Administration Billing & Payment Claims Processing Disbursement (Systematic withdrawals, RMD, Surrenders) Regulatory Changes & Taxation Understanding of business rules of Pay-out Understanding on upstream and downstream interfaces for policy lifecycle Experience in DXC Platforms – Vantage, wmA, nbA, CSA, Cyber-life, Life70, Life Asia, PerformancePlus Consulting Skills – Experience in creating business process map for future state architecture, creating WBS for overall conversion strategy, requirement refinement process in multi-vendor engagement. Requirements Gathering, Elicitation –writing BRDs, FSDs. Conducting JAD sessions and Workshops to capture requirements and working close with Product Owner. Work with the client to define the most optimal future state operational process and related product configuration. Define scope by providing innovative solutions and challenging all new client requirements and change requests but simultaneously ensuring that client gets the required business value. Elaborate and deliver clearly defined requirement documents with relevant dataflow and process flow diagrams. Work closely with product design development team to analyse and extract functional enhancements. Provide product consultancy and assist the client with acceptance criteria gathering and support throughout the project life cycle. Technology Skills - Experienced in data migration projects, ensuring seamless transfer of data between systems while maintaining data integrity and security. Skilled in data analytics, utilizing various tools and techniques to extract insights and drive informed decision-making. Strong understanding of data governance principles and best practices, ensuring data quality and compliance. Collaborative team player, able to work closely with stakeholders and technical teams to define requirements and implement effective solutions. Industry certifications (AAPA/LOMA) will be added advantage. Experience on these COTS product is preferrable. FAST ALIP OIPA wmA EY | Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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Responsibilities

As part of the Consulting team, you will engage in various projects related to life insurance and annuity products. You will work closely with clients to define optimal operational processes and provide product consultancy throughout the project lifecycle.