Oracle Finance-OIPA -Oracle Insurance Policy Administration-Staff
EY · Bengaluru, Karnataka, India
- On site
- Full-time
- $95,000 / year
- Bengaluru, Karnataka, India
Job highlights
- Configure Oracle OIPA for insurance clients.
- Enhance and extend existing insurance products.
- Manage the policy lifecycle effectively.
- Collaborate internationally on delivery excellence.
- Develop next-generation delivery platforms.
About the role
Oracle Finance OIPA Configuration Specialist - EY GDS Delivery Excellence Staff
At EY, we are committed to shaping your future with confidence. We provide a globally connected powerhouse of diverse teams and support your career aspirations wherever they may lead. Join EY and contribute to building a better working world.
About the Role
In the last decade, cost of delivery and Delivery Excellence have become critical factors for successful global businesses. To support this dynamic IT transformation industry, we leverage cutting-edge Delivery Excellence models and tools, with a relentless focus on automation, to offer best-in-class, tailored solutions to our clients. As part of our global team, you will contribute to GDS projects as a Delivery Excellence management professional. You will tackle challenging problems and create next-generation delivery excellence platforms.
The Opportunity
This is a demanding role where you will utilize advanced Quality models to implement the latest delivery excellence solutions. You will have the opportunity to interact within an international environment and collaborate with influential players in the Delivery Excellence space.
Job Summary
The core requirement for this role is strong expertise in OIPA product configuration. Preferred understanding of the Life Insurance domain, including products and business processes, is highly valued. You will be responsible for enhancing and extending existing products, performing end-to-end configuration updates, and building new insurance products within the platform. A solid understanding of policy lifecycle management is essential.
People Responsibilities
- Work Experience: 1 to 3 years
Key Skills Required
- Core OIPA Configuration: Extensive knowledge of OIPA rules, transactions, cycles, and screen configurations.
- Technical Skills: XML, SQL, and understanding of RDBMS.
- Integration: Experience with OIPAI, SOA, or MuleSoft.
- Domain Knowledge: Life Insurance and Annuities domain expertise is highly sought after.
Technical Skills Requirements
- Technical Skills: XML, SQL, and understanding of RDBMS.
- Integration: Experience with OIPAI, SOA, or MuleSoft.
- Certifications: LOMA certification is often preferred.
Additional Requirements
- General insurance domain knowledge is beneficial for supporting product workflows and requirements.
- Exposure to API integrations; additional technical proficiency in integration frameworks is an added advantage.
- Familiarity with RDBMS concepts, including the ability to write and analyze database queries.
What Working At EY Offers
At EY, we are dedicated to helping our clients, from start-ups to Fortune 500 companies. The work we do is as varied as they are. You will engage in inspiring and meaningful projects. Our focus is on education and coaching, complemented by practical experience, to ensure your personal development. We value our employees and empower you to control your development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:
- Support, coaching, and feedback from engaging colleagues.
- Opportunities to develop new skills and progress your career.
- The freedom and flexibility to handle your role effectively.
About EY
EY is building a better working world by creating new value for clients, people, society, and the planet, while building trust in capital markets. Enabled by data, AI, and advanced technology, EY teams help clients shape the future with confidence and develop answers to today's and tomorrow's most pressing issues. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy, and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network, and diverse ecosystem partners, EY teams provide services in over 150 countries and territories.
Key skills/competency
- Oracle OIPA
- OIPA Configuration
- Life Insurance
- Policy Administration
- XML
- SQL
- RDBMS
- Integration
- SOA
- MuleSoft
Skills & topics
- Oracle OIPA
- OIPA Configuration
- Insurance Policy Administration
- Life Insurance
- Annuities
- XML
- SQL
- RDBMS
- Integration
- SOA
- MuleSoft
- Delivery Excellence
- EY
- Consulting
How to get hired
- Tailor your resume: Highlight OIPA configuration, life insurance domain knowledge, and relevant technical skills (XML, SQL).
- Showcase integration experience: Emphasize any experience with OIPAI, SOA, or MuleSoft.
- Demonstrate domain understanding: Clearly articulate your knowledge of life insurance products and business processes.
- Prepare for technical questions: Be ready to discuss OIPA rules, transactions, cycles, RDBMS concepts, and SQL queries.
- Highlight collaboration: Mention experience working in international or interdisciplinary teams.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary focus of the Oracle Finance OIPA Configuration Specialist role at EY?
- The primary focus is on configuring the Oracle OIPA product, enhancing existing insurance products, and building new ones within the platform, while also understanding the life insurance domain and policy lifecycle management.
- What technical skills are essential for an Oracle Finance OIPA Configuration Specialist at EY?
- Essential technical skills include extensive knowledge of OIPA configuration (rules, transactions, cycles, screens), XML, SQL, and an understanding of RDBMS. Experience with integration tools like OIPAI, SOA, or MuleSoft is also highly valued.
- Does EY prefer candidates with specific certifications for this Oracle Finance OIPA role?
- Yes, LOMA certification is often preferred for this role, indicating a strong understanding of insurance principles and practices.
- What kind of domain knowledge is beneficial for this Oracle Finance OIPA Configuration Specialist position?
- Strong knowledge of the Life Insurance and Annuities domain is highly sought after. General insurance domain knowledge is also beneficial for supporting product workflows and requirements.
- What are the work experience requirements for the Oracle Finance OIPA Configuration Specialist role at EY?
- The role requires 1 to 3 years of relevant work experience, particularly in OIPA configuration and the insurance domain.
- How does EY support career development for its Delivery Excellence Staff?
- EY offers individual progression plans, coaching, feedback, and opportunities to develop new skills, allowing employees to control their career development and grow into responsible roles.
- What is the work arrangement for the Oracle Finance OIPA Configuration Specialist role?
- While not explicitly stated, based on EY's global delivery model and the nature of the role, it is likely to be a hybrid or remote arrangement, with potential for on-site collaboration.
- What kind of projects can I expect to work on as an Oracle Finance OIPA Configuration Specialist at EY?
- You can expect to work on challenging projects involving cutting-edge Delivery Excellence models and tools, creating next-generation delivery excellence platforms and implementing advanced quality models for clients.