Mely Lerman

Co-Founder

Pozuelo de Alarcón, Community of Madrid, Spain46 yrs 4 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Over 30 years of consulting experience in insurance systems.
  • Expert in modernizing legacy COBOL systems.
  • Proven track record in delivering complex IT solutions.
Stackforce AI infers this person is a Fintech expert specializing in legacy system modernization and insurance technology.

Contact

Skills

Core Skills

CobolFinancial AnalysisTeam LeadershipProject ManagementProgramming

Other Skills

Python (Programming Language)FinanceSystems AnalysisOracle DatabaseDatabase Management System (DBMS)Cascading Style Sheets (CSS)Analytical SkillsStrategyDocumenting and Flowcharting COBOL ApplicationsBusiness ProcessBusiness IntelligenceLife InsuranceSoftware Project ManagementPensionsHealth Insurance

About

My Journey Through Insurance and the Future of Legacy Systems Since 1965, I've been immersed in the world of software. My focus for decades has been on the financial field and, more specifically, Insurance systems. It has given me an in-depth understanding of all aspects of Life Insurance and what I believe is unparalleled industry knowledge in the insurance sector. My path has taken me through various roles. I was a Partner at LOGIC LTD from 1980 to 1993, where I was responsible for teams dedicated mainly to Insurance systems. During that time, our teams implemented our own end-to-end AS/400 system in 8 Life Insurance Companies and a Policy Administration system on IBM mainframe in 3 Life Insurance Companies. Later, from 2003 till July 2006, I served as VP Insurance, Life and Pensions at Sapiens International Corporation. This was a truly global role. I was responsible for the vision of Sapiens INSIGHT for Life & Pensions, a powerful, framework-based solution covering life insurance, pension funds, and saving plans. As the owner of Lead Software Consultants 2000 LTD since 1993 till 2021 (when I left Israel), I've held consultancy positions with a wide array of insurance companies. I have worked with all major Israeli insurance providers, including Migdal Insurance, Clal Insurance, Harel Insurance, and Menora Mivtachim. My relationship with Migdal Insurance, for instance, spans over more than 30 years as a consultant. My career is marked by managing and participating in dozens of projects for these major insurance companies. I provided general IT consultancy for David Shield, an international medical insurance provider. These projects, among many others, demonstrate a proven track record of delivering complex IT solutions. My professional journey hasn't been confined to one country. I've had the opportunity to work in UK, Switzerland, France, Germany, Brazil, Belgium, Republica Dominicana, and of course, Israel. Currently based in Spain, I specialize in modernizing legacy insurance systems, particularly COBOL programs. As the founder of COBOL Toolkit, I developed a tool that automates documentation creation by scanning COBOL code, aiding enterprises in bridging legacy systems with modern applications. My work focuses on analysis, refactoring, optimization, and migration, ensuring seamless transitions and enhancing interoperability. The Toolkit accelerates ROI and innovation while reducing risks, empowering institutions to navigate the complexities of ageing systems in the evolving technological landscape.

Experience

46 yrs 4 mos
Total Experience
5 yrs 8 mos
Average Tenure
6 yrs 3 mos
Current Experience

Https://www.coboltoolkit.com/

Founder

Feb 2020Present · 6 yrs 3 mos · Pozuelo de Alarcón

  • Unlocking the Power of Legacy Code: A COBOL Toolkit for Modern Success
  • COBOL Toolkit Enterprise is a game-changer for financial institutions grappling with the challenges of aging legacy systems. For maintenance or modernization, it empowering teams with the deep understanding they need to navigate regulatory changes, reduce risk, and accelerate innovation.
  • It automates analysis and documentation, transforming complex COBOL into intuitive flowcharts and business logic documentation.
  • New developers can grasp the logic of legacy systems, bridging the gap between experienced and inexperienced teams.
Financial AnalysisProgrammingCOBOLPython (Programming Language)FinanceSystems Analysis

Cobol toolkit

Founder

Feb 2020Present · 6 yrs 3 mos

A.r.m.l klein technologies ltd

Consultant - Insurance IT Expert

Nov 2014Dec 2019 · 5 yrs 1 mo · Tel Aviv Area, Israel

Team LeadershipFinancial AnalysisProgrammingDatabase Management System (DBMS)

Idit computer software - sapiens

Business Analyst

Jul 2013Jun 2014 · 11 mos · Israel

  • Health Insurance Project BA
Team LeadershipFinancial AnalysisProgrammingDatabase Management System (DBMS)

Migdal insurance co.

Consultant

Aug 2012Mar 2014 · 1 yr 7 mos

  • Migdal is the biggest insurance company in Israel. I have been working with Migdal since 1971 in innumerous projects.
Oracle DatabaseTeam LeadershipFinancial AnalysisProgrammingDatabase Management System (DBMS)

Halperin consulting group

External Consultant

Nov 2011Jun 2013 · 1 yr 7 mos · Tel Aviv

  • data quality on life insurance and pensions systems
Financial AnalysisProgrammingDatabase Management System (DBMS)

Accenture

Consultant

Oct 2010Feb 2011 · 4 mos

  • Consultancy for the ALIP system (Accenture Life Insurance Package)

Sapiens

Consultant

Sep 2010Mar 2011 · 6 mos

  • Sapiens International Corporation is a leading global provider of innovative business solutions for the insurance industry, helping to modernize business processes, to proactively define and provide innovative new services and to respond quickly to change.

China global doctors - international medical insurance

Consultant

May 2009Jan 2009 · 8 mos

  • Global Doctors offers travel insurance, labour and ex-pat health insurance for Chinese insureds abroad.
  • The project was to define the business processes and the IT requirements.

Insfocus

Life Insurance consultant

Mar 2009May 2011 · 2 yrs 2 mos

  • InsFocus BI delivers seamless analysis, reporting, and dashboards to every insurance business domain and powers it all with a built-in, comprehensive insurance data model to offer a smarter choice for intelligent BI software.
Financial AnalysisProgrammingDatabase Management System (DBMS)

Fis software

Consultor Sënior

Jan 2009Mar 2009 · 2 mos

  • Consultancy in a Brazilian project

Sentryi

Consultant

Jul 2008Jan 2010 · 1 yr 6 mos

  • Focusing on providing innovative solutions to the financial services and wealth management community, SENTRYi Marketing Pte Ltd was established in Singapore in Dec 2004, by a group of executives from both the IT and wealth management industries.
  • SENTRYi innovative solutions, the PORTFOLIO DESIGNER and MANAGEMENT PLATFORM have been installed in leading global advisories and have proven to add tangible, measurable value to clients, advisors and practice owners by adding transparency, compliance and processing efficiencies.
  • In 2010 Sentryi wwas bought by IRESS ltd

Davidshield

Consultant

Jan 2007Jan 2011 · 4 yrs

  • DavidShield is a leading provider of international medical insurance and offers health insurance around the world, under the insurance umbrella offered by insurance companies.

Sapiens international

VP Insurance, Life Insurance

Jan 2003Jan 2006 · 3 yrs

  • Consultant, Domain Manager and VP Insurance, Life and Pensions (01/2005)
  • Responsibility included dealing with clients, answering RFPs, participating in design, marketing and in the implementation of large projects all over the world. Sapiens International is a global provider of IT solutions for Insurance companies with headquarters in Israel and subsidiaries in North America United Kingdom, and Japan. Sapiens clients include AXA, Allianz Group, Liverpool Victoria, Norwich Union, Principal Financial Group, and Menora among others.

Ness technologies

external consultant

Jan 2002Jan 2003 · 1 yr

  • Consultant at the Harel project

Ntr

External Consultant

Jan 1998Jan 2000 · 2 yrs

  • Part of the team to develop a start up in US

Amdocs brazil

external consultant

Jan 1997Jan 2001 · 4 yrs

  • Recruitment (300 people, 200 in Brazil)
  • Marketing

Lead software consultants 2000 ltd

Owner

Jan 1993Dec 2021 · 28 yrs 11 mos · Israel

Oracle DatabaseTeam LeadershipFinancial AnalysisProgrammingDatabase Management System (DBMS)Project Management

Migdal insurance

external consultant

Jan 1981Jan 2002 · 21 yrs

  • Huge and small projects including:
  • Specifications and system analysis of the system for a front office finance advice
  • Responsible for the migration of Maoz, Sela, Shimshon, Migdal, and Hamagen into Haim 2000
  • Responsible for main algorithms of Haim 2000
  • Managed the extract of Life claims into SAP and BI
  • Managed the development and implementation of the system for Life Insurance Reinsurance
  • Managed the development and implementation of the system for Maoz, Sela and Migdal in the eighties

Logic ltd / israel

owner

Jan 1980Jan 1993 · 13 yrs

  • Between 1986 till 1993 LOGIC LTD managed by Mely Lerman implemented its own end-to-end AS/400 system in 8 Life Insurance Companies:
  • Hasneh Insurance Company (today merged into MIGDAL and CLAL)
  • Hamagen Insurance Company (today merged into MIGDAL)
  • MENORA Insurance Company
  • Mano Life Insurance Company (today merged into MENORA)
  • ZION Insurance Company
  • HAREL Insurance Company
  • SHILOAH Insurance Company
  • SAHAR Insurance Company (today merged into HAREL)
  • Between 1982 till 1984 LOGIC LTD managed by Mely Lerman implemented its Policy Administration system (IBM mainframe) in 3 Life Insurance Companies owned by Migdal. The system worked for 18 years.
  • MIGDAL Insurance Company
  • Maoz Insurance Company (today merged into MIGDAL)
  • Selah Insurance Company (today merged into MIGDAL)

Education

Universidade Federal de Minas Gerais

Jan 1963Jan 1966

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