Senior Consultant – Life Insurance Domain

2 days ago

Bengaluru, Karnataka, India Vlaunchu Full time ₹ 10,00,000 - ₹ 25,00,000 per year

Job Title: Senior Consultant – Life Insurance Domain

Locations: Pune / Chennai / Hyderabad / Bangalore
Shift: General Shift
Budget: JL5B/A – up to ₹25 LPA
Experience Level: 5A – Senior Consultant

Role Overview

We are seeking a Senior Consultant with strong expertise in US Life Insurance domain to lead requirement elicitation, business analysis, and product implementation/migration for insurance systems. The candidate should possess hands-on experience in policy administration systems and must have completed LOMA certification. A deep understanding of insurance compliance, taxation, and regulatory trends is essential.

Key Responsibilities

  • Lead requirement elicitation and business analysis for Life Insurance systems

  • Work closely with stakeholders to gather, analyze, and document business requirements

  • Collaborate with technical teams during design, development, and testing phases

  • Drive new product launches or policy migration initiatives

  • Ensure compliance with regulatory standards, taxation rules, and their impact on policy servicing

  • Translate business requirements into use cases, process flows, and detailed documentation

  • Conduct presentations, client workshops, and requirement walkthroughs

Mandatory Skills & Experience

  • Minimum 5+ years of experience in Life Insurance Group domain (US Market)

  • Completed LOMA Certification (Mandatory)

  • Experience with at least one Policy Administration System:
    Vantage / Ingenium / OIPA / IPAS / ALIP / EXIGEN

  • Exposure to external interfacing systems for administration platforms

  • Hands-on experience in new product launch, migration, or implementation

  • Understanding of Compliance, Taxation, and Policy Servicing impacts

  • Strong experience with Requirements Gathering, Use Cases, and Agile Methodology

  • Proficient in MS Office, MS Visio, and documentation tools

  • Excellent communication, presentation, and client-facing skills


 

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