Business Analyst

Capgemini is actively seeking a highly skilled Business Analyst specializing in General Insurance Regulatory Reporting Financial Compliance for a leading Global Insurer We are seeking a detail-oriented and compliance-driven Business Analyst to support the delivery of accurate auditable and timely regulatory reports across multiple financial domains This role is critical in ensuring the organization meets both local and international regulatory obligations while contributing to data validation report specification audit readiness and transformation initiatives You will collaborate with finance risk compliance and data teams to bridge regulatory requirements with technical delivery ensuring that reports are accurate transparent traceable and inspection-ready This role will involve a comprehensive understanding of regulations standards and financial compliance frameworks relevant to our clients in the insurance industry The ideal candidate will be responsible for supporting regulatory reporting activities ensuring compliance with all financial regulations and requirements and helping our clients maintain transparency and accountability in their reporting processes You will collaborate closely with various stakeholders including finance teams compliance officers and regulators to develop strategies that meet regulatory expectations while aligning with the company s business goals Our client is one of the largest insurance companies globally known for its innovation scale and commitment to excellence Key Responsibilities The key responsibilities of the role include Analyze and interpret the latest regulatory requirements impacting financial reporting in the general insurance domain Develop and maintain comprehensive documentation related to financial compliance and regulatory reporting processes Collaborate with finance and compliance teams to gather relevant data and prepare accurate reports for regulatory purposes Support the implementation of an efficient reporting framework that enhances compliance and reduces risk Provide training and guidance to stakeholders on regulatory requirements and reporting best practices Monitor changes in regulations and standards proactively communicating relevant updates to stakeholders Assist in audits and assessments related to regulatory compliance and reporting accuracy Specific day-to-day job responsibilities and expecations are listed below Regulatory Reporting Compliance Prepare and validate reports under frameworks such as Basel III IV CRR CRD IV IFRS GAAP Solvency II EMIR SFDR AnaCredit COREP FINREP Translate regulatory instructions into clear reporting rules and data logic Ensure full traceability from regulatory requirements to data fields and calculation logic Data Validation Reconciliation Conduct data quality checks and reconciliations across source systems GL risk platforms insurance admin systems Identify and resolve data gaps or anomalies in collaboration with data engineers and architects Align regulatory reporting with internal management reporting views Domain-Specific Support Apply financial expertise across Accounting Mapping IFRS GAAP structures to regulatory disclosures Tax Supporting tax compliance elements e g FATCA CRS Controlling Integrating cost performance structures into regulatory views Technical Insurance Supporting reports on premiums claims policy exposure and underwriting risk metrics Requirement Specification Definition Collaborate with product owners and compliance officers to define scope and logic for new reports Draft and maintain BRDs functional specifications and data mappings Ensure all reports meet audit and inspection standards for documentation and reproducibility Testing UAT and Audit Support Design and execute test cases for regulatory reports Support UAT cycles and regulator test submissions Provide audit trails commentary and documentation for internal external reviews Continuous Improvement Transformation Participate in regulatory change programs and assess impact of new rules Recommend improvements in data sourcing controls automation and reporting processes Promote governance and data stewardship across the reporting lifecycle Location India Requirements Required Qualifications 3-5 years of experience in regulatory reporting risk finance audit or financial compliance Strong knowledge of regulatory frameworks IFRS GAAP and risk reporting obligations Hands-on experience with reporting platforms risk data models or financial data warehouses Proficient in Excel SQL and structured reporting templates Ability to interpret regulatory texts and translate them into operational specifications Preferred Qualifications Background in insurance banking or financial services Familiarity with tools such as Power BI AxiomSL Abacus360 Moody s or SAP BW Experience working in Agile or hybrid delivery environments Exposure to data governance metadata lineage tools or compliance automation Benefits Competitive compensation and benefits package Competitive salary and performance-based bonuses Comprehensive benefits package Career development and training opportunities Flexible work arrangements remote and or office-based Dynamic and inclusive work culture within a globally renowned group Private Health Insurance Retirement Benefits Paid Time Off Training Development Performance Bonus Note Benefits differ based on employee level About Capgemini Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology The Group is guided every day by its purpose of unleashing human energy through technology for an inclusive and sustainable future It is a responsible and diverse organization of over 350 000 team members in more than 50 countries With its strong 55-year heritage and deep industry expertise Capgemini is trusted by its clients to address the entire breadth of their business needs from strategy and design to operations fueled by the fast evolving and innovative world of cloud data AI connectivity software digital engineering and platforms The Group reported EUR22 billion in revenues in 2024