Software Dev. Sr. Specialist Advisor

3 days ago

Chennai, Tamil Nadu, India NTT DATA, Inc. Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Candidates with experience in Life/Annuity Insurance product conversion from one admin system to another is very helpfulAn ideal candidate will require working knowledge to expertise on many of the following:Working daily reconciliation reports and performing root cause analysis for life products (traditional life, universal life, ISWL, Indexed UL).Thorough understanding and experience working with the following product elements:Market Value Adjustment (MVA)Bailout/Caps/Floor ratesFree WithdrawalMinimum Gtd Cash ValuePremium based bonus (additional X bps credited assuming Prem Paid > Set limit)Account Value based bonus (additional Y bps credited assuming Account Value > Set Limit)Minimum Premium functionality (Prem that will keep policy active even if cash value is below threshold)h. UL product calculations: COI, Monthly Load, Per Thousand Load, Policy Fee, Payment Fee7702/7702A - basic understanding of tax limits on premiums paidWorking 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)Working with recon forms, reports, and processes in Access DB and Excel.Experience using VBA with Excel reportingCompiling progress and reporting on status of recon activitiesIndependently working to complete a task with little direction (after understanding the objective and path froward)JIRA experienceNeed 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 audiencesNeed to be able to evaluate information from various sources and analyze the problem to find solution.Experience / Skills15+ years work experience in successful delivery of complex policy conversion projects end to endStrong understanding of data conversion processes, data structures, data mappingLife & 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 conversionStrong understanding of data quality principles and best practices.Familiarity with life insurance systems, regulations, and industry standards

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