Fast - Senior

EY; Pune District; On-site; INR 1,400,000 - 2,000,000; Full time

Job summary

EY is seeking a Product configurator – Business Analyst in India to translate policy specs into FAST configurator rules, build templates, and manage version control across product variants. You will work with actuarial and product stakeholders to gather requirements and perform gap analyses against client needs.

Ideal candidates have 6–9 years in Life & Annuity IT services or insurance, with LO MA – ALMI certification and a degree in engineering or MBA.

Qualifications

• Graduate with MBA or engineering degree.
• Must have LO MA – ALMI certification.
• 6–9 years in Life & Annuity IT services/consulting/insurer domain.
• Experience with policy admin systems like FAST, Vantage, ALIP, LIFE400.

Responsibilities

• Apply Life & Annuity product knowledge to FAST configurator rules and plan definitions.
• Create and maintain product templates and configurator rules.
• Manage version control across product variants.
• Gather requirements across actuarial, product stakeholders.
• Perform gap analysis between out-of-the-box capabilities and client needs.

Skills

Life & Annuity domain

FAST configuration

Stakeholder requirements

Education

MBA or B.E./B.Tech in Engineering

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.