Job Summary
Experience:
6.00 - 12.00 Years
Industrial Type:
IT-Software/Software Services
Location:
Bangalore
Functional Area:
IT Software - Other
Designation:
Lead Rule book Configurator
Key Skills:
Rule book
Educational Level:
Graduate/Bachelors
Job Post Date:
2026-07-08 17:11:16
Stream of Study:
Degree:
BE-Comp/IT, BE-Other, BTech-Comp/IT, BTech-Other, MBA, MCA
Company Description
Our client is a global leader in Consulting, Technology and Outsourcing Business in the SW Services & Product arena. Client has impressive customers list in over 30 countries this includes some of the best known names across globe. With offices in every continent and development centers in practically every developed country, our client is known for their successful Delivery model. Our client is structured into Business Units and caters to the BFSI, Manufacturing, Infrastructure, System Integration, Retail, Engineering Services Industries/domains. Their foray into Banking Software products and Intellectual property has differentiated them from their competitors.
Job Description
Key Responsibilities
Rulebook Configuration and Product Build
?Lead the configuration of insurance products, rating algorithms, underwriting rules, referral rules, eligibility rules, authority checks, and workflow logic within Rulebook.
?Convert Excel-based pricing models into Rulebook-compatible configuration components, ensuring calculation accuracy and business alignment.
?Configure rating tables, factors, modifiers, risk attributes, premium calculations, validations, and business rules.
?Configure and maintain Rulebook pages, page flows, page linking, product structures, and user journeys.
?Support document generation logic, quote outputs, pricing worksheets, and downstream data outputs where applicable.
?Ensure reusable configuration patterns are applied across products/classes to improve maintainability and consistency.
Business and Domain Analysis
?Work with underwriters, actuaries, operations SMEs, and product owners to understand pricing intent, risk appetite, referral logic, and underwriting guidelines.
?Challenge and clarify ambiguous business rules before configuration.
?Translate business requirements into clear configuration specifications and implementation-ready artefacts.
?Identify gaps, inconsistencies, or risks in pricing spreadsheets, underwriting guides, or product documentation.
?Support impact analysis for pricing changes, product enhancements, and model version updates.
Stakeholder Management and Communication
?Act as a primary configuration lead in workshops with senior London-based business stakeholders.
?Explain configuration design, rule logic, testing outcomes, issues, and trade-offs in clear business language.
?Facilitate discussions between business SMEs, actuaries, developers, testers, architects, and delivery leads.
?Provide structured status updates, risk/issue summaries, and decision points to project leadership.
?Ensure business stakeholders understand how configured rules reflect their underwriting and pricing requirements.
Testing, Validation, and Governance
?Define and execute rule configuration testing, scenario testing, regression testing, and spreadsheet-to-Rulebook reconciliation.
?Validate Rulebook outputs against source Excel models, expected pricing outcomes, underwriting rules, and edge-case scenarios.
?Support SIT, UAT, defect triage, root-cause analysis, and defect resolution.
?Maintain configuration documentation, traceability, version control, and audit evidence.
?Ensure configurations support governance, auditability, and controlled deployment of pricing/underwriting changes.
Required Experience
?6–10+ years of overall experience in insurance technology, product configuration, business rules implementation, rating engine configuration, or insurance platform delivery.
?2+ years of hands-on experience with Verisk Rulebook / Sequel Rulebook preferred.
?If direct Rulebook experience is limited, strong experience with adjacent platforms such as insurance rating engines, business rules engines, product configurators, FICO Blaze, IBM ODM, Drools, InRule, Duck Creek rating/product configuration, Guidewire rating/product model, or similar tools may be considered.
?Experience converting Excel-based pricing models into system-based rules/configurations.
?Strong understanding of P&C / specialty insurance and London Market.
?Experience working with underwriting, actuarial, product, operations, and IT stakeholders.
?Experience in Agile delivery, UAT support, defect management, and requirements traceability.
Technical Skills
Mandatory
?Strong Rulebook configuration mindset: ability to translate business rules into structured configuration.
?Strong Excel skills, including ability to understand complex formulas, rating sheets, lookup tables, factors, and calculation flows.
?Good understanding of XML and structured configuration files.
?Ability to understand rule hierarchies, conditional logic, validations, decision trees, and calculation dependencies.
?Experience with configuration testing, regression testing, and price-output reconciliation.
?Familiarity with JIRA, Confluence, Azure DevOps, or similar delivery tools.
?Ability to document configuration logic clearly.
Desirable
?Understanding of APIs, JSON, SQL, or data mapping.
?Exposure to rating services, quote/bind platforms, broker portals, or delegated authority platforms.
?Experience with document production, workflow configuration, or downstream integration.
?Familiarity with rule deployment, release management, and environment promotion.


