MUNIREDDY KRISHNAREDDY

To replace Legacy mainframe UW and Admin systems with new web-based Underwriting Platform for CHUBB A&H Insurance (Group Personal Accident, Driver Personal Accident & Business Travel Insurance Products) also Integration of Broker Platforms & Migration of corresponding policies to new system

• As Senior Business Analyst, led implementation of web-based Accident & Health underwriting platform , successfully gathering requirements, Configuration/reference data and migration of 40,000+ policies from legacy mainframe systems (Genius).
• Led rollout of underwriting platform across EMEA (19 countries), improving efficiency by 25% and reducing errors in policy issuance.
• Configuration and attachment/Integration of Treaty Reinsurance at A&H Portfolio level.
• Mapping of Input/Output fields for Pricing Models for RADAR Pricing Tool with Underwriting platforms and validation of pricing for Policies
• Extracting Rating Factors for Insurance products from existing local Excel raters with help of Actuaries and underwriters, streamlining rating process across EMEA countries, defining Rating process/calculation rating models, convert pricing factors in format required by RADAR team to configure Rating Models in RADAR
• Gained sign off on rating models from Actuarial and Underwriting teams and coordinated rollout of pricing models with RADAR for 19 EMEA countries
• Coordinated with Business to define UAT scenarios, test data creation, Pricing output validation of RADAR with local raters/client In-house raters
• Gathering requirements for Quote and Policy Pack/Documents, mapping of fields in documents with UW Platforms
• Managed cross-functional teams for data, policy, Documents Migration (xPression and Quadient Document Generations Tools/systems) and application migrations as part of large-scale digital transformation initiative.
• Coordinated comprehensive SIT/UAT, reviewing SIT scenarios & preparation of UAT scenarios, in meeting user requirements and expectations.
• Managed Integrations with Underwriting applications with Broker/Customer facing platforms with Azure Services Managing team of 3+ Business Analyst and UAT testers.
• Training Business Users (Underwriters, Brokers, and Operations teams) on UW platform and Broker Platforms along with upstream and downstream systems
• Mentored junior analysts, fostering skill development and promoting best practices in business analysis methodologies.

The program's objective was to replace Legacy mainframe UW and Admin systems with a new web-based Underwriting Platform for CHUBB P&C, Financial Lines (D&O, E&O, PI, Cyber, ML & FI Insurance) and Multinational (Inward/Outward) Insurance and Migration of corresponding policies to new UW platform.

• As a Business Analyst, led Business workshops, requirements gathering and migration for Property & Casualty and Financial Lines Underwriting systems, transitioning from mainframe legacy systems to modern web-based applications.
• Enhanced global rollout processes (39 Countries include key APAC, EMEA and LATAM countries), reducing deployment time by 20% through streamlined workflows and targeted stakeholder training.
• Involved in complex Multinational Policies requirements analysis, which includes MN Outward/Producing Policies (Master/producing Country, Freedom of Service, Non-Admitted Permitted Countries), Locally Admitted Policies and MN Inward/Service Office Policies (with both Affiliated and Non-Affiliated companies
• Creation and attachment of FAC Reinsurance at Policy level for P&C Policies, attachment of Captive Reinsurance for Multinational P&C Policies
• Mapping of Input/Output fields for Property &Casualty Pricing Models (RADAR), validation of pricing and CAT Modelling for Property Policies
• Gathering requirements for Quote and Policy Pack/Documents and mapping of fields with UW Platform
• UW Platform Property Survey mapping requirements to integrate Survey system (Eureka 2)
• Conducted comprehensive SIT/UAT, preparing /reviewing SIT/UAT scenarios in meeting user requirements and expectations.
• Training Business Users (Underwriters and Operations teams) on UW platforms along with upstream and downstream systems
• Performed gap analysis between existing systems or processes and desired state, identifying areas for improvement or enhancement.

The objective was to replace Legacy mainframe UW and Admin systems with a new web-based Underwriting Platform for Hartford Retirement Portfolio – Corporate & Government Plans and Migration of corresponding policies to new UW platform.

• As an Analyst, contributed to digital transformation of Life Insurance policy administration systems, including regulatory compliance requirements for retirement plans/Policies (401k & 408b).
• Analysed system requirements and translated them into functional specifications for development teams.
• Collaborated with developers to eliminate 99% of software bugs during deployment of new product lines, including lifetime income insurance products.
• Coordinated with Business on preparation and execution of UAT scenarios, change management, production issue root cause analysis and provided workarounds to Business to ensure Business continuity.
• Implemented data migration strategies ensuring accuracy during system upgrades and transitions.