Actuarial Product Development Lead

4 weeks ago


Bengaluru, Karnataka, India Oracle Full time
Job Description

We are seeking an experienced Actuarial Product Development Lead to join our team at Oracle Financial Services Modern Risk and Finance.

Our Team

As a comprehensive and robust group offering products and services for financial institutions, we cover core capabilities in risk and finance, including accounting standards like IFRS 9 and 17, Balance sheet planning, profitability and liquidity management with comprehensive finance modernization.

Your Opportunity

You will be responsible for applying your extensive knowledge of insurance and actuarial analysis for the design and development of an actuarial application for life insurance companies. Your responsibilities will include designing and developing requirements, ensuring services are delivered, and leveraging your skills to develop a service-based application.

Salary: $140,000 - $170,000 per year

Your Qualifications

  • Must have cleared 8+ actuarial papers
  • 10+ years in the actuarial domain

Our Ideal Candidate

The ideal candidate should preferably be from an Insurance domain, with experience working in an insurance company or an insurance product development company. Familiarity with industry-specific tools and technologies is highly desirable.

Your Responsibilities

  • Develop design documents and explain functionality with detailed excel working
  • Design and document functional and process flow for the application
  • Design and document user interfaces for the development of the application services
  • Research market and competitive landscape to decide what features are to be developed
  • Work directly with architects to ensure newer capabilities are built by applying the right design principles
  • Work with remote and geographically distributed teams to enable building the right products, using the right building blocks, and making them consumable by other products easily
  • Be very hands-on and own/drive key end-to-end product/services
  • Ensure customer success including delivering fixes/patches as needed

Diversity and Inclusion:

We are committed to creating a workforce where all individuals can do their best work. We believe that innovation starts with diversity and inclusion, and we strive to build a team that reflects this value.

Career Level: IC5



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