Fast - Senior

EY; Thiruvananthapuram; On-site; INR 1,200,000 - 1,600,000; Full time

Job summary

EY in India is seeking a Product configurator – Business Analyst to join our Life & Annuity practice. You will translate product specs into FAST configurator rules, build templates, and manage version control across variants. Collaborate with actuarial and product teams to support U.S.

market configurations. The role requires a Graduate degree (MBA or B.E./B.Tech.), LOMA ALMI certification, and 6–9 years of Life & Annuity experience in IT services, consulting or insurance.

Qualifications

• Graduate with MBA or engineering degree.
• LOMA ALMI certification is required.
• 6–9 years in Life & Annuity IT/Consulting/Insurance.
• Experience with FAST, Vantage, ALIP and LIFE 400.

Responsibilities

• Translate product specs into FAST configurator rules.
• Deep knowledge of Life & Annuity products for US market.
• Build and maintain product templates and rules in the configurator.
• Manage version control across product variants.
• Gather requirements from actuarial and product stakeholders.
• Perform gap analysis between out-of-box FAST capabilities and client needs.

Skills

Product configuration

Business analysis

Stakeholder management

Requirements gathering

Education

MBA or B.E./B.Tech.

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.