Oracle - Insbridge Consultant

Job Description
Do you love a career where you Experience, Grow & Contribute at the same time, while earning at least 10% above the market? If so, we are excited to have bumped onto you.

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If you are a Insbridge Consultant looking for excitement, challenge and stability in your work, then you would be glad to come across this page.

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Role:Insbridge Consultant
Experience:4-8Years
Location:Hyderabad | Bangalore | Pune | ChennaiWork Mode:Hybrid
Type:Contract to Hire
Notice Period: 0-60 days max

Requirements

We are seeking an experienced Oracle Insurance Insbridge Enterprise Rating Consultant with hands-on expertise in Oracle Insbridge Enterprise Rating (OIER) and RateManager. The ideal candidate should have a strong understanding of Property & Casualty (P&C) Insurance and experience configuring insurance rating rules, premium calculations, and deploying rating packages across environments.

This role involves working closely with business analysts, underwriting teams, and application developers to design, configure, test, and support enterprise rating solutions.

Key Responsibilities

• Configure and maintain insurance rating rules using Oracle Insbridge Enterprise Rating (OIER).
  
• Develop and manage rating logic using the RateManager Designer/Authoring Tool.
  
• Configure company-specific rating algorithms, pricing rules, and premium calculation models.
  
• Build, test, and deploy Soft Rater Packages across development, QA, UAT, and production environments.
  
• Perform scenario testing and analyze the impact of rating changes on the book of business.
  
• Support integration of Insbridge Rating Engine APIs with policy administration and underwriting systems.
  
• Collaborate with business stakeholders to gather rating requirements and implement rating changes.
  
• Troubleshoot rating issues and provide production support.
  
• Participate in code reviews, testing, deployment activities, and documentation.
  

Required Skills

Insurance Domain

• Good understanding of Property & Casualty (P&C) Insurance.
  
• Knowledge of insurance rating, underwriting, premium calculations, and policy lifecycle.
  

Technical Skills

• Experience with Oracle Insurance Insbridge Enterprise Rating (OIER).
  
• Hands-on experience using the RateManager Designer/Authoring Tool.
  
• Ability to configure insurance rating rules and pricing logic.
  
• Experience creating and deploying Soft Rater Packages.
  
• Knowledge of testing rating scenarios and validating premium calculations.
  
• Experience consuming and supporting Rating Engine APIs.
  
• Understanding of deployment and configuration management across multiple environments.
  
• Strong analytical and troubleshooting skills.
  

Preferred Skills

• Experience with Oracle Insurance products.
  
• Knowledge of REST/SOAP APIs.
  
• Experience integrating rating engines with Policy Administration Systems.
  
• Understanding of Agile/Scrum methodology.
  
• Familiarity with SQL and XML is an added advantage.
  

Oracle Insbridge Enterprise Rating Knowledge

Candidates should have experience with the following capabilities of Oracle Insurance Insbridge Enterprise Rating:

• Enterprise insurance rating engine
  
• Centralized rating management
  
• Multi-variable pricing and rating models
  
• Premium calculation and rate optimization
  
• Rating worksheets
  
• Rule-based rating engine
  
• Automated underwriting support
  
• Rate table management
  
• Governance and audit compliance
  
• Scalable enterprise architecture
  

Benefits

Visit us at http://alignity.io/careers. Alignity Solutions is an Equal Opportunity Employer, M/F/V/D.

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Requirements
The required skillsets for this role include: Basic understanding on P&C insurance. Experience with Rate Manager designer/authoring tool. Ability to configure company-specific rates and rules related to premium quoting. Capability to test the impact of scenarios on the book of business. Proficiency in creating Soft Rater packages and deploying them to various rating environments. Support in consuming Rating engine APIs. Insbridge Enterprise Rating Overview: Oracle Insurance Insbridge Enterprise Rating is an enterprise insurance ratings engine designed for insurance organizations. It enables users to accelerate the development of new ratings and rating changes, gain visibility into the rating process for risk management and revenue optimization and automate underwriting decisions. Key features include a centralized rating engine, multi-variate pricing and rate analysis, multi-platform rating and rules engine, support for rate table import from major data stores, governance and compliance audits, scalable architecture, and rating worksheets.