Business Analyst

3 weeks ago


Pune, Maharashtra, India DATAECONOMY Full time
Business Analyst (Insurance Domain)

DATAECONOMY is seeking a seasoned Business Analyst to join our Insurance team. The ideal candidate will possess a deep understanding of the insurance domain lifecycle and excel in analytical and problem-solving skills. This role involves collaborating with stakeholders to gather requirements, analyze data, and develop effective solutions to drive business growth and efficiency.

Key Responsibilities
  • Requirements Gathering:
    • Elicit, analyze, and document business requirements from stakeholders across different levels of the organization.
    • Conduct interviews, workshops, and surveys to gather information and understand business processes.
    • Create detailed requirements specifications, including use cases, process flows, and data models.
  • Business Analysis:
    • Analyze existing business processes and identify opportunities for improvement.
    • Conduct data analysis to identify trends, patterns, and anomalies.
    • Develop business cases to justify proposed solutions and measure their impact.
  • Solution Design:
    • Collaborate with technical teams to design and develop solutions that meet business requirements.
    • Ensure that solutions align with the overall business strategy and architecture.
  • Testing and Implementation:
    • Support the development and execution of test plans.
    • Coordinate with project teams to ensure timely implementation of solutions.
  • Post-Implementation Support:
    • Provide ongoing support and maintenance for implemented solutions.
    • Monitor performance and identify areas for optimization.
Requirements
  • Bachelor's degree in Business Administration, Computer Science, or a related field.
  • 5-9 years of experience in business analysis, with a strong focus on the insurance domain.
  • In-depth understanding of the insurance lifecycle, including underwriting, policy administration, claims processing, and risk management.
  • Proven ability to gather, analyze, and document complex business requirements.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Experience with business analysis tools and methodologies (e.g., UML, BPMN).
  • Preferred:
    • Experience with insurance industry software applications.
    • Knowledge of data analytics and visualization tools.
  • Good to have: LOMA (Life Office Management Association) certification or equivalent.
Benefits

Opportunity to work with cutting-edge technologies in a fast-paced environment.

Be part of a collaborative and supportive team.

Work on impactful projects that make a difference.



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