Software Dev. Sr. Specialist Advisor

15 - 20 years

5 - 9 Lacs

Posted:2 days ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

  1. Candidates with experience in Life/Annuity Insurance product conversion from one admin system to another is very helpful
  2. An ideal candidate will require working knowledge to expertise on many of the following:
  3. Working daily reconciliation reports and performing root cause analysis for life products (traditional life, universal life, ISWL, Indexed UL).
  4. Thorough understanding and experience working with the following product elements:
  5. Market Value Adjustment (MVA)
  6. Bailout/Caps/Floor rates
  7. Free Withdrawal
  8. Minimum Gtd Cash Value
  9. Premium based bonus (additional X bps credited assuming Prem Paid > Set limit)
  10. Account Value based bonus (additional Y bps credited assuming Account Value > Set Limit)
  11. Minimum Premium functionality (Prem that will keep policy active even if cash value is below threshold)
  12. h. UL product calculations: COI, Monthly Load, Per Thousand Load, Policy Fee, Payment Fee
  13. 7702/7702A - basic understanding of tax limits on premiums paid
  14. Working with/coordinating resources helping with the conversion projects/task related activities (not an active project manager, but will require coordination/following up with people in various areas)
  15. Working with recon forms, reports, and processes in Access DB and Excel.
  16. Experience using VBA with Excel reporting
  17. Compiling progress and reporting on status of recon activities
  18. Independently working to complete a task with little direction (after understanding the objective and path froward)
  • JIRA experience
  • Need to analyze complex data, identify patterns, and develop solutions.
  • Able to analyze the calculation differences between 2 Admin systems for compare and solution to match them.
  • Must be able to explain technical concepts clearly and concisely to both technical and non-technical audiences
  • Need to be able to evaluate information from various sources and analyze the problem to find solution.
    1. Experience / Skills

      • 15+ years work experience in successful delivery of complex policy conversion projects end to end
      • Strong understanding of data conversion processes, data structures, data mapping
      • Life & Annuity Insurance domain knowledge in a TPA environment is a must.
      • Knowledge and experience with project management methodologies (Agile/Waterfall).
      • Excellent written and verbal communication skills, including the ability to effectively communicate with both technical and non-technical audiences.
      • Ability to identify and resolve business issues and challenges related to data conversion
      • Strong understanding of data quality principles and best practices.
      • Familiarity with life insurance systems, regulations, and industry standards

      Mock Interview

      Practice Video Interview with JobPe AI

      Start Job-Specific Interview
      cta

      Start Your Job Search Today

      Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

      Job Application AI Bot

      Job Application AI Bot

      Apply to 20+ Portals in one click

      Download Now

      Download the Mobile App

      Instantly access job listings, apply easily, and track applications.

      coding practice

      Enhance Your Skills

      Practice coding challenges to boost your skills

      Start Practicing Now
      NTT DATA, Inc. logo
      NTT DATA, Inc.

      IT Services and IT Consulting

      Tokyo Plano

      RecommendedJobs for You

      kolkata, hyderabad, bengaluru