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Oracle Insurance Policy Admin (OIPA)

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Ventures Unlimited

2021-12-03 07:32:28

Job location Washington, District of Columbia, United States

Job type: fulltime

Job industry: Administration

Job description

Job Title: Oracle Insurance Policy Admin (OIPA)

Location: Remote

Type: Full Time

Job Description

Requirements:

  • Ability to Configure OIPA using Rules Palette
  • Strong knowledge of XML and SQL required
  • Ability to self-start, multi-task and manage conflicting priorities
  • Critical and creative thinking skills with proven ability look at a problem and think through possible solutions.
  • Ability to translate complex concepts for a variety of business and technical audiences
  • Experience with and understanding of change control methodologies.
  • LOMA certification and knowledge of typical insurance business functions including: underwriting and policy issue, payment processing, monthaversary, anniversary, disbursement, withdrawal correspondence, nonforfeiture, lapse processing, state reporting, billing, policy servicing, product set-up, health claims processing, life claims processing
  • Working knowledge of OIPA Versions 11
  • Knowledge of Oracle SOA and BPM will be an asset
  • Understanding of the OIPA configuration language, or a strong set of traditional programming skills (C, C#, Java etc.)
  • Comprehensive working knowledge of database concepts and a strong understanding of SQL query building and optimization
  • Bachelor's degree preferred in Actuarial science, math, statistics, business, finance or Computer Science, or other related field

Responsibilities:

  • Implement the business rules specific to insurance and/or annuity products. These business rules can be purely calculation driven or can be more procedure driven.
  • Is a specialist in the field of Life Insurance and Annuity processing for Policy Administration
  • Follow all Code Standards
  • Demonstrate strong analytical and problem solving skills
  • Provide quality review of other team members work
  • Design logical queries to facilitate calculations, reporting and complex formulas
  • Proactively assess short/long term design implications that would impact effective and efficient operations of the overall OIPA system.
  • Peer review team mates configuration

- provided by Dice

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