Fast - Senior

EY; Hyderabad; On-site; INR 1,500,000 - 2,600,000; Full time

Job summary

EY is seeking a Product configurator – Business Analyst to drive FAST configuration for Life & Annuity products in the US market. The role requires 6–9 years of experience and a graduate degree (MBA or engineering) with LOMA ALMI certification.

Multiple India locations (Bangalore, Chennai, Coimbatore, Kochi, Kolkata, Noida, Hyderabad, Pune, Trivandrum) are supported. You will translate product specs into configurator rules, build templates, manage versions, and collaborate with actuarial and

Qualifications

• Graduate with MBA or bachelor’s in engineering.
• LOMA – ALMI (must).
• 6–9 years in Life and Annuity IT services, consulting or insurance.

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.
• Translate product specs into FAST configurator rules: plan definitions, coverage options, rate structures, eligibility.
• Build and maintain product templates and rules within the configurator.
• Manage version control across product variants.
• Gather requirements across actuarial and product stakeholders.
• Perform gap analysis between out-of-box FAST capabilities and client needs.

Skills

Life & Annuity domain knowledge

FAST configuration

Requirement gathering

Education

MBA or BE/Engineering degree

LOMA – ALMI

Tools

FAST

Vantage

ALIP

LIFE 400

Job description

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.