Executive Summary

Security Benefit was founded in 1892 and has a nearly 133-year track record of delivering successful insurance services. The Company offers life and health insurance, retirement plans, annuities, mutual funds, and related services. Security Benefit Life Insurance serves customers in the United States.


Customer Challenge

Security Benefits wanted an Expert Data Engineer to join their team, covering off hours when their On-Site team is off. They wanted an expert with Snowflake and Matillion expertise using AWS Cloud Services. Security Benefit wanted this support from their existing and trusted partner who can support by providing AWS expert resources from Offshore on a contract basis and delivering the project. This project required 24/7 assistance and a cost-effective solution to deliver this project.


ITTStar Solution

ITTStar understood the challenges and requirements of security benefits and was able to deploy a data engineer expert using an offshore resourcing model. ITTStar has been supporting them for several years and has become their one-stop solution for their Staff Augmentation requirement for both Onshore and Offshore.

ITTStar gave Security Benefit full transparency in terms of the resources and managed to keep the cost under the given budget through an offshore resourcing model. Together, the organizations partnered to onboard the offshore Data Engineer resource and fulfill the requirement in a winning scenario for all involved.


Impact and Benefits:

  • Trusted Partner: ITTStar has been a trusted partner for the past several years and has been continuing to deliver excellent work. ITTStar is an AWS Advanced Consulting Partner who has a global presence and AWS Data & Analytics Competency under the badge, without having to go through multiple vendors based on the locations and managing hurdles.
  • Transparency & Control: Security Benefit retained 100% transparency of ITTStar’s costs and investments throughout the process and now has full control of the resources working effectively and efficiently.
  • Cost Effective: Security Benefit saved an average of 60% of their average personnel costs through ITTStar’s Offshore model.
  • Time-Saving: Security Benefit saved 40% of their baseline average time spent in terms of sourcing, interviewing, and qualifying new hires, as well as dealing with multiple vendors.
  • Operational Free Management: With ITTStar managing the resources, Security Benefit had peace of mind and ZERO involvement in managing routine day-to-day operations.

About customer 

Security Benefit is a financial services company with over 130 years of experience, specializing in retirement solutions such as fixed and variable annuities, mutual funds, and 401(k) plans. With a strong focus on helping individuals achieve long-term financial security, they offer a range of tax-deferred annuities and investment options tailored to different risk profiles and financial goals. The company prides itself on its customer-centric approach, providing comprehensive support and resources to help clients effectively manage their retirement plans. Known for its financial strength and stability, Security Benefit combines a long history of expertise with a commitment to offering reliable, growth-oriented financial solutions.

Testimonial

Eshwar has significantly improved our data management processes. He quickly integrated with our team and streamlined our data workflows which is helping us to make more informed decisions and improve overall efficiency.

- Project Manager