Senior Oracle Fusion Testing Consultant – Insurance Industry

Overview:

A Senior Oracle Fusion Testing Consultant in the insurance industry plays a critical role in ensuring the seamless implementation, integration, and functionality of Oracle Fusion Cloud applications. This role involves defining test strategies, conducting functional and integration testing, and ensuring that Oracle Fusion modules align with insurance business processes such as policy administration, claims processing, underwriting, and finance.

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Key Responsibilities:

1. Test Strategy & Planning

• Develop test strategies and test plans tailored to insurance business operations.

• Define testing scope, objectives, risks, and dependencies for Oracle Fusion Cloud modules (Finance, Procurement, HCM, ERP).

• Collaborate with business stakeholders to align testing efforts with industry-specific requirements.

2. Functional & Integration Testing Execution

• Conduct functional, system integration (SIT), and regression testing for Oracle Fusion applications in an insurance environment.

• Validate insurance business workflows, including policy administration, claims management, underwriting, and financial reconciliation.

• Support User Acceptance Testing (UAT) and ensure alignment with insurance regulatory compliance standards.

3. Defect Management & Quality Assurance

• Identify, log, and track defects using test management tools (JIRA, HP ALM, TestRail).

• Collaborate with insurance business analysts, developers, and IT teams to resolve system defects.

• Ensure data integrity and compliance with insurance financial regulations (IFRS, GAAP, Solvency II, etc.).

4. Test Data Management & Reporting

• Prepare and manage test data for insurance-specific transactions, including policy premiums, claims payouts, and risk assessments.

• Generate test reports, defect analysis, and dashboards for senior management and compliance teams.

• Provide recommendations to improve testing efficiency and mitigate risks in insurance business processes.

5. Leadership & Stakeholder Engagement

• Mentor and guide junior testers and functional consultants on Oracle Fusion testing best practices.

• Work closely with insurance business units, project managers, and IT teams to ensure seamless system rollouts.

• Act as a subject matter expert (SME) for Oracle Fusion testing within insurance organizations.

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Required Skills & Qualifications:

Technical Expertise:

• 5+ years of experience in Oracle Fusion Cloud testing, specifically in the insurance domain.

• Strong expertise in manual testing methodologies, including SIT, UAT, regression, and end-to-end business process testing.

• Experience with test management and defect tracking tools (JIRA, HP ALM, TestRail).

• Strong knowledge of SQL for data validation in Oracle Fusion applications.

• Understanding of insurance industry processes, such as:

• Claims processing (FNOL, adjudication, payout).

• Policy lifecycle management (issuance, endorsements, renewals, cancellations).

• Premium calculations and financial reconciliations.

• Regulatory compliance (SOX, IFRS 17, GAAP, Solvency II, NAIC guidelines).

Soft Skills & Leadership:

• Excellent analytical and problem-solving skills.

• Strong communication skills to interact with insurance business users, actuaries, claims specialists, and finance teams.

• Proven ability to lead testing efforts and mentor junior team members.

• Experience working in Agile/Scrum methodologies.

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Preferred Qualifications:

• Education: Bachelor’s/Master’s degree in Computer Science, IT, Business Administration, or Insurance Technology.

• Certifications:

• ISTQB (Software Testing)

• Oracle Cloud Certification (Fusion ERP, HCM, Finance)

• Insurance-related certifications (LOMA, CPCU, AINS)

• Experience: Prior involvement in Oracle Fusion Cloud implementation for insurance firms.