Lead Consultant (Business Analyst)

• Infosys McCamish
• Lead Consultant
• Atlanta, GA, USA

As a Lead Consultant, you will be contributing to different phases of the consulting lifecycle. You will be intensely involved in life insurance process consulting; you will define the problem, propose and create the solution. You will possess strong knowledge of Life insurance and annuity products.

You will work closely with actuaries, business/test analyst and software engineers to analyze, resolve and provide expert advice on calculations as it pertains to US compliance. You will guide teams on project processes, deliverables and contribute to the proposal development, client training and internal capability building and help detail the project scope.

You will have the opportunity to shape value-adding consulting solutions that enable our clients to meet the changing needs of the global landscape.

Location: Atlanta, GA, USA. No Remote

Note: This role may require travel, as per project needs.

The job entails sitting as well as working at a computer for extended periods of time. Should be able to communicate by telephone, email or face to face.

Qualifications

Basic

1. Bachelor’s or Master’s degree in engineering/risk management sciences or foreign equivalent required from an accredited institution

2. At least 10-12 years of experience in the job description below.

3. Must have completed LOMA certification

4. Must have experience in US Insurance domain knowledge on Life or Annuity.

5. Should have experience on New product launch/implementation and/or Conversion and migration

Preferred

1. Should have experience on atleast one Policy administration system (Vantage/Ingenium/OIPA/IPAS/ALIP/EXIGEN) and exposure to external interfacing systems to administration systems

2. Should be well-versed with Annuity product types, annuity specific riders, contract life cycle processes and annuity payouts.

3. Nice to have experience on Compliance, Taxation rules and its impact on Policy servicing.

4. Should be well-versed in Requirements Management, Requirements Gathering tools & techniques, Use Cases. Experience in life insurance/annuity new business and conversion projects

5. Nice to have knowledge on Life Insurance terminology and calculations for life products like cash value, death benefits, compliance values like TAMRA premium, CVAT and GPT values

6. Strong working experience with client actuaries on defining requirements and translating to software engineer for design and development

7. Delivering with near-shore and off-shore teams

8. Your responsibilities would include

a. Requirements gathering and creating requirements specification documents and getting signoffs from client

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 stakeholders for prioritization, work intake, business review and to provide regular feedback on work items.

Benefits

• 401(k)

Experience

• Life Insurance OR Anuuity : 1 year (Preferred)

Work Location: In person