Industry Principal

4 days ago

Atlanta, Georgia, United States Infosys Full time
About the Role

We are seeking an experienced Industry Principal to join our team at Infosys McCamish Systems. As a key member of our consulting team, you will be responsible for contributing to different phases of the consulting lifecycle, including complex actuarial calculations, life insurance process consulting, and project scope definition. You will work closely with actuaries, business analysts, and software engineers to analyze, resolve, and provide expert advice on actuarial calculations related to US compliance.

Key Responsibilities
  • Define actuarial requirements and translate them to software engineers for design and development
  • Contribute to proposal development, client training, and internal capability building
  • Guide teams on project processes, deliverables, and project scope definition from a compliance perspective
  • Analyze and resolve life insurance and annuity policy value, compliance value calculation, and analyzing mismatches
  • Prioritize various production compliance issues and track them for resolution
  • Independently drive business meetings with actuarial stakeholders for prioritization, work intake, business review, and to provide regular feedback on work items
  • Create spreadsheet-based calculation tools for actuarial calculations
Requirements
  • Bachelor's degree or foreign equivalent required from an accredited institution
  • At least 13 years of relevant work experience in the job description
  • Experience in life insurance/annuity new business and conversion projects
  • Knowledge on Life Insurance terminology and calculations for life and annuity product values like cash value, death benefits, compliance values like TAMRA premium, Deemed cash value (DCV), Necessary premium testing (NPT), Fair Market Value calculation (FMV), CVAT and GPT values
  • Associate Society of Actuaries (ASA)/Fellow of the Society of Actuaries designations (FSA)
  • Familiarity with US 7702, 7702A, 101(f) regulations
About Us

Infosys McCamish Systems, located in Atlanta, Georgia, is the Life Insurance and Retirement Services subsidiary of Infosys BPO Limited. We have an outstanding business perspective and an exemplary track record that no other outsourcer of business solutions can claim - generating US$16 billion of recurring premium in less than five years as a virtual insurance company. We have expert technology and outsourcing credentials, along with a proven business model for re-engineering systems and performing back-office services at a reduced cost, while reinforcing accuracy, speed, and security. Seven of the top ten US insurers are among our many BPM clients. We have our operations spread across Atlanta GA and Des Moines IA in USA.

We are an Equal Opportunity Employer and welcome applications from diverse candidates.

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