Fast - Senior

Ernst & Young Advisory Services Sdn Bhd; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

EY Bengaluru is seeking a Product Configurator – Business Analyst with expertise in Life & Annuity IT services to translate product specs into FAST configurator rules and maintain templates.

You will perform requirement gathering with actuarial and product teams, manage version control across variants, and perform gap analysis against client needs for U.S. market compliance.

Qualifications

• Graduate with MBA or bachelor’s in engineering.
• LOMA – ALMI (must)
• 6 to 9 years of experience in Life and Annuity IT/Insurance domain.

Responsibilities

• Translate product specs (policy norms, riders’ illustration) into FAST rules — plan definitions, coverage options, rate structures, eligibility rules.
• Build and maintain product templates and rules within the configurator.
• Manage version control across product variants.
• Requirement gathering across actuarial and product stakeholders.
• Perform gap analysis between out-of-box FAST capabilities and client-specific needs.

Skills

Life & Annuity domain

FAST configurator

Requirements gathering

Stakeholder communication

Education

MBA or Bachelor’s in Engineering

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

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.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.