Functional Architect

at  Sapiens

COMPANY DESCRIPTION:

Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation. Serving more than 600 customers in 30 countries, Sapiens offers insurers across Property & Casualty, Workers’ Compensation and Life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. Sapiens’ team of more than 5,000 employees operates through our offices in North America, the UK, EMEA and Asia Pacific.

DESCRIPTION:

Provide end to end functional architect support to R&D and project initiatives through understanding of current functionality, design of enhancements to the Sapiens Life and Pension policy administration system and ability to create solutions within an ecosystem.

MANDATORY SKILLS & REQUIREMENTS:

• 5 years of Experience working as functional architect for administration or actuarial systems in a life insurance, pensions, and/or annuity environment.
• Proven experience creating solutions for large multi-component systems included integrations with portals and / or third-party vendors.
• Ability to consider the big picture as well as system details in a solution.
• Proven experience implementing US insurance regulations such as 7702 / 7702A, RMD, etc.
• Proven experience as functional architect in integration projects, including policy administration system and integration platform.
• Able to demonstrate depth of knowledge of life and pension products and processes.
• Demonstrated ability to understand business requirements and create implementable solutions that meet these requirements.
• Experience in database based systems.
• Demonstrated ability to work productively on a cross functional and cross geographic team.
• Fluent English – both writing and verbal
• Knowledge of SQL and Excel, experience with other programming languages desirable.

• Support design of project End to End solutions ensuring all project stream solutions are in line with the overall solution.
• Write end to end solutions for specific policy administration system enhancements.
• Analyze current system functionality to determine when enhancements are required and the best enhancement to meet business requirements.
• Write and / or review Requirements and Design Documents.
• Ensure all Requirements, Design Documents are delivered on time.
• Act as a Consultant in requirement and design workshops internally and externally.
• Engage with Lead BA/PD/PM on project Actions, Assumptions, Risks, Issues, Decisions, Constraints.
• Review the Technical Design Specifications.
• Support Development throughout the build phase of projects.
• Review the Test Scripts and support testing throughout the test phase.
• Help to define acceptance criteria and high-level estimates.
• Work in accordance with Sapiens processes & Sapiens best practices.
• Provide clients with functional analysis and design advice guidance and consultancy in Sapiens solution throughout the project.
• Participate in Peer Review activities, interacting with Business Analysts, to ensure quality and completeness of requirement and design work.
• Configure/Support the configuration of the parameters that determine the functionality specified in the design documentation.
• Ensure Product Material collateral is updated and presentable.
• Support training sessions on the system and its product sets.