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Location Bangladore, India
Working Model Fulltime, Hybrid
Req ID 12345

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Functional Architect

Req ID:  55615
Location: 

Illinois, Rolling Meadows, CA

Title: Functional Architect

Location: Remote

Company Description:

Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation. Serving more than 600 customers in 30 countries, Sapiens offers insurers across Property & Casualty, Workers’ Compensation and Life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. Sapiens’ team of more than 5,000 employees operates through our offices in North America, the UK, EMEA and Asia Pacific.

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.
  • 25% travel anticipated

Mandatory Skills & Requirements:

  • 5 years of Experience working as functional architect for administration or actuarial systems in a life insurance, pensions, and/or annuity environment.
  • Proven experience creating solutions for large multi-component systems included integrations with portals and / or third-party vendors.
  • Ability to consider the big picture as well as system details in a solution.
  • Proven experience implementing US insurance regulations such as 7702 / 7702A, RMD, etc.
  • Proven experience as functional architect in integration projects, including policy administration system and integration platform.
  • 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.
  • Fluent English – both writing and verbal
  • 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.
  • BSc in Computer Science, information systems engineering, or similar.  

At Sapiens, we are dedicated to building a diverse, equitable, and inclusive work environment. We believe that diverse perspectives, backgrounds, and experiences make us stronger and more innovative. We are committed to creating a culture where every individual is valued and can thrive regardless of their race, ethnicity, gender, age, sexual orientation, gender identity, religion, disability, or any other characteristic.

 

Sapiens is an E-Verified & Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

 

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About Sapiens

Sapiens is a global leader in the insurance industry, delivering its award-winning, cloud-based SaaS insurance platform to over 600 customers in more than 30 countries. Sapiens’ platform offers pre-integrated, low-code capabilities to accelerate customers’ digital transformation. With more than 40 years of industry expertise, Sapiens has a highly professional team of over 5,000 employees globally.

For More information visit us on www.sapiens.com.

Sapiens is an equal opportunity employer. We value diversity and strive to create an inclusive work environment that embraces individuals from diverse backgrounds.

Your Recruitment Journey

We will keep you in the loop, as we focus on providing an inclusive screening and interview process. Each country has a local flavor, but here's what you can expect during our recruitment process:

Disclaimer

Sapiens India does not authorize 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 were acted upon, you do so at your own risk. Sapiens shall neither be responsible for honoring 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.

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