Fast - Senior

EY; Bengaluru; On-site; INR 1,500,000 - 2,000,000; Full time

Job summary

EY is seeking a Product Configurator – Business Analyst to translate policy specs into FAST configurator rules for Life and Annuity products across multiple Indian locations. You will build templates, manage variants, and collaborate with actuarial and product teams to ensure compliant configurations.

The role demands 6–9 years in Life/Annuity IT services or insurance, with LO MA ALMI and relevant FAST/LIFE 400 experience. This is a hands-on configurator-focused BA position at EY.

Qualifications

• Degree in MBA or engineering with IT/insurance domain
• LOMA ALMI certification completed
• 6–9 years in Life and Annuity IT services/insurance
• Experience with FAST, Vantage, ALIP or LIFE 400 policy admin systems

Responsibilities

• Translate product specs into FAST configurator rules (plans, riders, coverage)
• Build and maintain product templates and rules within the configurator
• Manage version control across product variants
• Gather requirements from actuarial, product and other stakeholders
• Perform gap analysis between out-of-box FAST capabilities and client needs

Skills

Life & Annuity domain knowledge

FAST configurator rules

Requirement gathering

Version control

Education

MBA or BE degree

LOMA ALMI certification

Tools

FAST

Vantage

ALIP

LIFE 400

Job description

At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

Role: Product configurator – Business Analyst

Location: Bangalore / Chennai / Coimbatore / Kochi / Kolkata / Noida /Hyderabad / Pune / Trivandrum

Roles and Responsibilities

• Deep knowledge of Life and annuity product filling in U.S. market and configuration into platforms.
• Life and Annuity product knowledge and FAST configuration. U.S. State and NAIC product compliance knowledge
• Core Configuration responsibilities: Translate product specs (policy norms, riders’ illustration) in to FAST product configurator rules – plan definitions, coverage options, rate structures, eligibility rules.
• Build and maintain product templates, rules within the configurator
• Manage version control across product variants.
• Requirement gathering across stakeholders from actuarial, products.
• Perform gap analysis between out of box FAST product capabilities and client specific product needs.

Qualification And Experience

• Qualification: Graduate with MBA or bachelor’s in engineering.
• LOMA – ALMI (must)
• Experience: 6 to 9 Years of experience working in Life and Annuity domain in IT Services, Consulting, and Insurance company.
• Have worked on Life and Annuity policy admin system like FAST, Vantage, ALIP, LIFE 400 etc.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.