Knowledge on Life Insurance terminology and calculations for life and annuity product values like cash value death benefits compliance values like TAMRA premium CVAT and GPT values
Familiarity with US 7702 7702A 101 f regulations
Requirements gathering and creating requirements specification documents and getting signoffs from clients
Proactively contribute to all associated project work streams ensuring appropriate knowledge and information is exchanged to drive successful project outcomes
This includes but is not limited to 7702 7702A 101f related calculations
Analyze and resolve life insurance and annuity policy value compliance value calculation and analyzing mismatches to resolve differences
Prioritize various production compliance issues and track them for resolution along with various project team production support team members
Independently drive the business meeting with stakeholders for prioritization work intake business review and to provide regular feedback on work items
Create spread sheet based calculation tools for calculations
Technical Requirements:
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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