Life Insurance Business Solutions Analyst

3 weeks ago


Mumbai, Maharashtra, India WhatNxt Full time

Job Title: Business Analyst Life Insurance Company Information

We at WhatNxt have been innovating and co-creating solutions to complex business problems across various industries for over 20 years.

Our deep domain understanding and drive for excellence have made us the partner of choice for global organizations.

Notice Period: 30 Days

Responsibilities:

  • Analyze existing policies and procedures for efficiency and effectiveness
  • Identify opportunities for process improvement in policy servicing operations
  • Ensure compliance with regulatory requirements and company standards
  • Collaborate with stakeholders to gather and document business requirements
  • Prepare comprehensive documentation using tools like MS Office
  • Analyze data related to policy performance, customer demographics, and market trends
  • Prepare reports and presentations to communicate insights and recommendations
  • Monitor key performance indicators (KPIs) and propose corrective actions as needed
  • Build and maintain relationships with internal teams and external partners
  • Facilitate communication and collaboration between different stakeholders
  • Assist the New Business Development Team in researching market trends and competitive landscape
  • Provide analytical support in developing and evaluating new insurance products and services
  • Conduct feasibility studies and prepare business cases for new initiatives

Skills:

  • Worked with Policy Servicing Team
  • End-to-end policy work handling experience
  • Requirement gathering
  • Documentation using MS Office
  • Worked with New Business Development Team
  • Communication skills
  • Stakeholder management
  • Worked in entire Life Insurance flow

Qualifications: Bachelor's Degree

Key Areas of Expertise: business analysis, data analysis, policy servicing, analytical support, insurance



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