Demo

Life Insurance Specialist

Quess GTS
Newark, NJ Contractor
POSTED ON 3/20/2025
AVAILABLE BEFORE 4/17/2025

Hiring Neutrinos Life Insurance SME & BA (Core Life Insurance Systems-policy administration, underwriting, claims, and billing, NAIC, IFRS-17, GAAP, Neutrinos AI Platform for Insurance Processes / Low-Code/No-Code Platforms, Automation tools) role on a 1099 Independent Contractor / Corp-to-Corp basis. Professionals suitable for the opportunity below may send their up-to-date resumes to Sriram.Parasa@brainhunter.com


Requirement Summary

  • Job Role/Title: Neutrinos Life Insurance SME & BA
  • Job Location: Newark, New Jersey, USA.
  • Job-Type: Contract opportunity, the initial contract is for 8 months, with good possibilities for further extension.
  • Work Style: On-site role - 5 days/week in the office required.


Position Overview and Key Responsibilities: Our prestigious client is seeking a skilled Business Analyst (BA) with expertise in Life Insurance, particularly in core life insurance systems, rating, pricing, and business rules. The ideal candidate will be responsible for documenting requirements, analyzing pricing methodologies, and collaborating with stakeholders to streamline policy administration and underwriting processes.


Requirement Gathering & Documentation:

  • Work closely with business stakeholders, actuaries, and IT teams to define and document requirements.
  • Create Business Requirement Documents (BRD), Functional Specification Documents (FSD), and Use Cases for life insurance products and rating models.
  • Ensure that pricing and underwriting rules align with business objectives and regulatory requirements.


Core Life & Pricing System Expertise:

  • Work with core life insurance systems (policy administration, underwriting, claims, and billing).
  • Define and document pricing methodologies, rating structures, and business rules for life insurance products.
  • Collaborate with actuaries and product teams to ensure seamless integration of pricing models with core systems and rules engines.


Process Analysis & Business Solutions:

  • Evaluate existing workflows in policy issuance, premium calculations, underwriting, and claims processing.
  • Identify areas for automation, system optimization, and digital transformation.
  • Work with technology teams to configure rules engines for business logic implementation.


Stakeholder Management & Communication:

  • Act as a bridge between business teams, IT developers, actuaries, and third-party vendors.
  • Lead requirement gathering workshops, stakeholder discussions, and process reviews.
  • Ensure effective communication between business and technology teams to deliver robust solutions.


Onsite Collaboration:

  • Work onsite in New Jersey, engaging directly with customers, development teams, and insurance partners.
  • Support User Acceptance Testing (UAT) to ensure business requirements are met.


Qualifications and Key Skillset for this Role

Industry Experience:

  • 5 years of experience as a Business Analyst/SME in Life Insurance.
  • Hands-on experience with core life insurance platforms (policy administration, underwriting, or claims systems).
  • Strong understanding of rating engines, pricing models, and underwriting rules.
  • Experience with term life and whole life insurance products.


Technical & Analytical Skills:

  • Background in pricing system integration and rules engine configuration.
  • Ability to analyze actuarial pricing models and translate them into business requirements.
  • Proficiency in documentation tools such as Visio, Confluence, JIRA, and Excel.
  • Experience with Neutrinos AI-Powered Platform for Insurance Processes, Low-Code/No-Code platforms, or automation tools.
  • Excellent knowledge of regulatory frameworks (e.g., NAIC (The National Association of Insurance Commissioners), IFRS 17, or GAAP for Life Insurance).
  • Exposure to APIs, digital insurance ecosystems, and pricing model integration.


Business & Communication Skills:

  • Strong analytical and problem-solving skills.
  • Excellent communication skills for effective collaboration with business and IT teams.
  • Ability to work independently and drive digital transformation initiatives.


***


How to Apply: Please email me your up-to-date Resume/CV at Sriram.Parasa@brainhunter.com


We appreciate all the applicants' interest in working with us, however, only those candidates shortlisted for the next steps in the hiring process will be contacted.


Brainhunter is committed to providing an inclusive and accessible recruitment process. If you require accommodation at any point during the recruitment process, please reach out directly to the job poster or email aoda@brainhunter.com.


Thank you!! Have a great day :)

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