Fast - Senior

EY; Ernakulam; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

EY is hiring a Product Configurator – Business Analyst to join our Life & Annuity practice in India. You will translate product specs into FAST configurator rules, build and maintain product templates, and ensure version control across multiple product variants.

Collaboration with actuarial and product teams is essential to align client needs with FAST capabilities. Ideal candidates have 6–9 years in Life & Annuity domains within IT services, consulting, or insurance, and hold LOMA‑ALMI

Qualifications

• Graduate with MBA or bachelor’s in engineering.
• LOMA – ALMI certification required.
• 6–9 years of experience in Life & Annuity IT services or insurance.
• Experience with FAST, Vantage, ALIP or LIFE 400 policy admin systems.

Responsibilities

• Translate product specs into FAST configurator rules.
• Develop and maintain product templates and rules.
• Manage version control across product variants.
• Gather requirements from actuarial and product teams.
• Analyze gaps between FAST capabilities and client needs.

Skills

Life & Annuity products

FAST configuration

Product configurator

Requirement gathering

Version control

Education

MBA or Engineering degree

LOMA – ALMI

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.