Functional Architect (Life Insurance)

Sapiens is on the lookout for a Functional Architect to become a key player in our Bangalore team. If you're a seasoned Architect pro and ready to take your career to new heights with an established, globally successful company, this role could be the perfect fit.

Location: Bangalore

Working Model: Our flexible work arrangement combines both remote and in-office work, optimizing flexibility and productivity.

This position will be part of Sapiens’ L&P (R&D) division, for more information about it, click here: https://sapiens.com/solutions/life-and-pension-software/

Description:

Provide end to end functional architect support to R&D and project initiatives through understanding of current functionality, design of enhancements to the Sapiens Life and Pension policy administration system and ability to create solutions within an ecosystem.

Responsibilities:

• Support design of project End to End solutions ensuring all project stream solutions are in line with the overall solution.
• Write end to end solutions for specific policy administration system enhancements.
• Analyze current system functionality to determine when enhancements are required and the best enhancement to meet business requirements.
• Write and / or review Requirements and Design Documents.
• Ensure all Requirements, Design Documents are delivered on time.
• Act as a Consultant in requirement and design workshops internally and externally.
• Engage with Lead BA/PD/PM on project Actions, Assumptions, Risks, Issues, Decisions, Constraints.
• Review the Technical Design Specifications.
• Support Development throughout the build phase of projects.
• Review the Test Scripts and support testing throughout the test phase.
• Help to define acceptance criteria and high-level estimates.
• Work in accordance with Sapiens processes & Sapiens best practices.
• Provide clients with functional analysis and design advice guidance and consultancy in Sapiens solution throughout the project.
• Participate in Peer Review activities, interacting with Business Analysts, to ensure quality and completeness of requirement and design work.
• Configure/Support the configuration of the parameters that determine the functionality specified in the design documentation.
• Ensure Product Material collateral is updated and presentable.
• Support training sessions on the system and its product sets.

Mandatory Skills & Requirements:

• 5 years of Experience working as functional architect in life and/or pensions and/or Annuity environment.
• Proven experience as functional architect in projects, including policy administration system and integration integrations with 3rd party systems.
• Able to demonstrate depth of knowledge of life and pension products and processes.
• Demonstrated ability to understand business requirements and create implementable solutions that meet these requirements.
• Experience in database based systems
• Demonstrated ability to work productively on a cross functional and cross geographic team.
• Experience with actuarial concepts and calculations – An advantage
• Fluent English – both writing and verbal, other European languages - An advantage.  
• Knowledge of SQL and Excel, experience with other programming languages desirable

Preferred:

• Previous experience working with a Life or Pensions policy administration system, , Digital platform and Business intelligence.
• Experience in collaborative and agile working methods.
• Preferred Educational Requirements.
• BE/B.Tech in Computer Science, information systems engineering, or similar.  

Disclaimer: Sapiens India does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Sapiens . Further, Sapiens does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events. Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Sapiens shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.

In the event that you come across any fraudulent activities in the name of Sapiens , please feel free report the incident at sapiens to sharedservices@sapiens.com.