What are the responsibilities and job description for the Functional Lead (Insurance) position at Comrise?
Job Title : Functional Lead (Insurance Policy Administration Platform)
Location : Hybrid Remote – Farmington, CT or New York, NY (3 days onsite, 2 days remote)
Term : Perm / FTE
Salary : $130k-140k per year (base salary)
Industry : Insurance
Note : Must have legal authorization to work in the United States. No Corp to Corp (C2C) or Visa sponsorship provided.
Job Overview :
A Functional Lead on an Insurance Policy Administration System (PAS) plays a crucial role in managing and optimizing the entire policy lifecycle. This role involves overseeing the automation of processes such as policy quoting, issuance, endorsements, renewals, and claims processing. The Functional Lead ensures that the PAS is configured to meet business needs, integrates seamlessly with other systems, and maintains regulatory compliance. They also focus on improving operational efficiency, reducing errors, and enhancing customer satisfaction through streamlined workflows and accurate data management. Effective leadership in this role is essential for the smooth operation and strategic success of the insurance company.
Duties and Responsibilities :
- Operational Objectives : Determine operational objectives by understanding the business function, scope of the product or request, required changes, deliverables, and expected outcomes, working closely with business and operations stakeholders.
- Impact Analysis : Define and quantify the impact of requests or changes on business metrics (cost, KPI, GWP, compliance), and help prioritize requests for development based on available capacity.
- Functional Module Expertise : Experienced in supporting PAS platform. Prefer experience in PAS platforms, Duck Creek, Guidewire, OneShield or Majesco
- Workflow Development : Construct business process flow diagrams, study system capabilities, write specifications, and prepare technical reports by collecting, analyzing, and summarizing information and trends.
- Project Planning : Define project requirements by identifying project milestones, phases, and elements, form a project team, establish a project budget, and assist with project management for selected projects.
- Stakeholder Management : Identifying, analyzing, engaging, and managing the expectations and requirements of individuals or user groups affected by or influencing a project. Developing a communication plan, and continuously monitoring and adapting the plan to ensure stakeholder satisfaction and project success.
- Communication and Collaboration : Coordinate with various departmental teams to achieve better business outcomes, support testing on system changes to ensure they meet requirements and collaborate with the Product Manager on roadmap planning and prioritization.
- Resource Management : Validate resource requirements and develop cost estimate models.
Job Requirements :
Education :
Salary : $130,000 - $140,000
