Principal Consultant

Key Responsibilities:

• 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
• Familiarity with US 7702 7702A 101 f regulations
• Requirements gathering and creating requirements specification documents and getting signoffs from clients
• 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
• Analyze and resolve life insurance and annuity policy value compliance value calculation and analyzing mismatches to resolve differences
• Prioritize various production compliance issues and track them for resolution along with various project team production support team members
• Independently drive the business meeting with stakeholders for prioritization work intake business review and to provide regular feedback on work items
• Create spread sheet based calculation tools for calculations

Technical Requirements:

• 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 Deemed cash value DCV Necessary premium testing NPT Fair Market Value calculation FMV CVAT and GPT values

Preferred Skills: