Principal Consultant – Life & Annuity Domain

Job Location: Hyderabad, India (No Remote – Travel as per project requirement)
Qualification: Full-time BE/B.Tech or MCA
Experience: 13+ Years
Shift: General

• Provide domain expertise in Life Insurance & Annuity products (Term, Whole Life, Indexed, Flexible).

• Lead client engagements including requirements gathering, functional solutioning, and delivery oversight.

• Work closely with business analysts, actuaries, and engineers to design solutions compliant with U.S. Taxation & Compliance rules (7702, 7702A, 101(f), etc.).

• Guide teams through project deliverables, estimations, and documentation.

• Analyze discrepancies in policy value and compliance calculations and resolve mismatches.

• Create tools using spreadsheets for actuarial and compliance-related calculations.

• Lead meetings with stakeholders for prioritization, work intake, and project updates.

• Actively contribute to proposal development, client training, and internal capability building.

• Work collaboratively with near-shore and offshore teams.

• Bachelor’s degree or foreign equivalent from an accredited institution.
  (3 years of progressive experience may substitute for every year of education.)

• Minimum 13 years of experience in life insurance/annuity consulting roles.

• Strong knowledge of:

  • Product features, risks, and benefits of Life & Annuity products

  • Actuarial modeling, reserving, and valuation techniques

  • US Compliance & Taxation rules (7702, 7702A, 101(f))

• Experience with new business/conversion projects in Life & Annuity domain.

• Working knowledge of key actuarial concepts such as:

  • Cash Value, Death Benefit, TAMRA Premium, DCV, NPT, FMV, CVAT, GPT

• Proven ability to translate business needs to technical requirements.

• Experience working in global delivery models (onshore/offshore).

• Excellent communication skills (verbal and written).

• Comfortable working for extended hours on a computer.

• Able to communicate via email, telephone, or face-to-face as needed.

• Willing to travel based on project requirements.