Senior Consultant

Infosys BPM Ltd.; Hyderabad; On-site; INR 1,200,000 - 1,700,000; Full time

Job summary

Infosys BPM Ltd. in Hyderabad seeks an experienced actuarial software professional to contribute to life insurance and annuity new business and conversion projects.

You will work closely with client actuaries to define requirements and translate them into robust software designs, enabling efficient delivery. Collaborating with near‑shore and offshore teams, you will apply knowledge of life product values and regulations, including 7702/7702A/101f, to drive accurate calculations and compliant

Qualifications

• Relevant actuarial software experience preferred.
• Experience translating actuarial requirements to software design.
• Knowledge of life insurance and annuity product calculations is essential.

Responsibilities

• Experience in life insurance/annuity new business and conversion projects.
• Work with client actuaries to define actuarial requirements and translate to software engineering teams.
• Deliver with near-shore and offshore teams.
• Coordinate with actuarial modernization and compliance initiatives.
• Create spreadsheet-based calculation tools for actuarial calculations.

Skills

Microservices

Springboot

Drools

BA Life Insurance

Angular JS

Pega

Progress

Actuarial requirements

Education

Graduate

Job description

Responsibilities

• Experience in life insurance/annuity new business and conversion projects
• Knowledge on Life Insurance terminology and calculations for life and annuity product values like cash value, death benefits, compliance values like TAMRA premium, CVAT and GPT values
• Strong working experience with client actuaries on defining actuarial requirements and translating to software engineer for design and development
• Delivering with near-shore and off-shore teams
• Associate Society of Actuaries /Fellow of the Society of Actuaries designations
• Familiarity with US 7702, 7702A, 101(f) regulations
• a. Requirements gathering and creating actuarial requirements specification documents and getting signoffs from client actuaries
• b. Proactively contribute to all associated project work streams ensuring appropriate knowledge and information is exchanged to drive successful project outcomes. This includes (but is not limited to) 7702, 7702A, 101f related calculations.
• c. Analyze and resolve life insurance and annuity policy value, compliance value calculation, and analyzing mismatches ( to resolve differences)
• d. Prioritize various production issues and track them for resolution along with various project team members.
• e. Independently drive the business meeting with actuarial stakeholders for prioritisation, work intake, business review and to provide regular feedback on work items.
• f. Create spread sheet based calculation tools for actuarial calculations

Educational Requirement

Graduate

Preferred Skills

• Microservices
• Springboot
• Drools
• BA Life Insurance
• Angular JS
• +Pega
• Progress

Service Line

BPO Service Line