Lead Business Process Consultant - Life Insurance in Toronto at Volt

Date Posted: 3/15/2018

Job Snapshot

  • Employee Type:
  • Location:
  • Job Type:
  • Duration:
    24 weeks
  • Date Posted:
  • Job ID:
  • Contact Name
    Volt Branch

Job Description

We are looking to hire a Lead Business Process Consultant (Canada) for my Client in Toronto, ON. This role is a 6  months assignment with the possibility of extension.

Job Description: 

  • Job Title: Lead Business Process Consultant – Canada
  • Employer: Volt Workforce Solutions Canada
  • Client and End-Client: In the life insurance and annuity business process outsourcing industry
  • Address: North York, ON M2N6L7, Canada
  • Pay: based on experience (T4) Rates only
  • Term: 6 months with the possibility of extension

Job Summary:

As a Lead Consultant, you will be an expert contributing to different phases of the consulting lifecycle. You will be intensely involved in Business Process Consulting; you will define the problem, propose and create the solution. You will also play an important role in the development, configuration and deployment of the overall solution. You will guide teams on project processes, deliverables and contribute to the proposal development, client training and internal capability building and help detail the project scope. You will have the opportunity to shape value-adding consulting solutions that enable our clients to meet the changing needs of the global landscape.

Location for this position is Toronto, ON. This role needs travel as per project needs.

Note: Applicants for employment in the Canada must possess work authorization which does not require sponsorship by the employer.

The job entails sitting as well as working at a computer for extended periods of time. Should be able to communicate by telephone, e-mail or face to face.

Basic Qualification Requirements:

  1. Bachelor’s degree or foreign equivalent required from an accredited institution.
  2. At least 7 years of experience in the job description below.

Preferred Requirements:

  1. Experience in life insurance/annuity projects
  2. Knowledge on Life Insurance terminology and Data Structures (such as the ACORD model)
  3. Experience in analyzing functionalities and designing applications for various insurance products (Term, Whole/Universal/Variable Universal Life, Fixed/variable Annuity, Payout/Structured Settlements and/or Disability)
  4. Experience in Policy Administration System (PAS) conversion
  5. Delivering with near-shore and off-shore teams
  6. Experience of dealing with Legacy systems
  7. LOMA/CLU Certifications
  8. Experience with Canadian life/annuity market
  9. Knowledge on Reinsurance, Agent Compensation, Insurance Compliance/Tax, New Business and Claims
  10. Your responsibilities would include:
    1. Writing migration solution explaining method of conversion for various insurance products
    2. Analyze and map data models between source and target policy administration systems with element to element mapping and transformation rules
    3. Analyze gaps between source data and target data and Identifying conversion solution to resolve difference in data models
    4. Develop data validation and reconciliation strategies
    5. Drive discussions on platform conversion and data cleanup strategies with Client SMEs (Business)
    6. Review migration results and identify causes for mismatches
    7. Review/validate migrated data in target policy administration system to confirm functional aspects of the policy is preserved
    8. Drive consistency/alignment across multiple conversion tracks (many source administration systems to one target system)
    9. 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) life/annuity Product Build, Data Migration, Testing, Cutover and Service Transition.

Note: Volt Workforce Solutions Canada is committed to meeting the needs of applicants and employees with disabilities in a timely manner, and will do so by preventing and removing barriers to accessibility in support of the Accessibility for Ontarians with Disabilities Act. Please let us know if you need an accommodation during any part of the application and selection process.

Volt Workforce Solutions Canada is an Equal Opportunity employer.