Software Dev. Sr. Specialist Advisor

NTT Data

  • Chennai, Tamil Nadu
  • Permanent
  • Full-time
  • 1 day ago
  • Candidates with experience in Life/Annuity Insurance product conversion from one admin system to another is very helpful
  • An 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 rates
  • Free Withdrawal
  • Minimum Gtd Cash Value
  • Premium 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 Fee
  • 7702/7702A - basic understanding of tax limits on premiums paid
  • 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)
  • Working with recon forms, reports, and processes in Access DB and Excel.
  • Experience using VBA with Excel reporting
  • Compiling progress and reporting on status of recon activities
  • 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.
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

NTT Data

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