Life Insurance Business Operations Analyst

7 days ago


Mumbai, Maharashtra, India WhatNxt Full time
Job Title: Business Analyst for Life Insurance

At WhatNxt, we are committed to creating innovative solutions to complex business problems. Our team of experts has been innovating and co-creating solutions for over 20 years, making us the partner of choice for global organizations.

Job Summary

We are seeking a skilled Business Analyst to join our Life Insurance team. The ideal candidate will have experience in policy servicing operations and a strong understanding of business analysis and data analysis.

Responsibilities
  • Analyze existing policies and procedures to identify opportunities for improvement
  • Collaborate with stakeholders to gather and document business requirements
  • Ensure compliance with regulatory requirements and company standards
  • 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
SkillsMust-Have Skills
  • Experience in policy servicing operations
  • End-to-end policy work handling experience
  • Requirement gathering
  • Documentation using MS Office
  • Experience working with new business development teams
  • Communication skills
  • Stakeholder management
  • Experience in the entire life insurance flow
Good-to-Have Skills
  • Background in the life insurance industry
Qualifications

Academic Qualifications: Bachelor's Degree

Business analysis, data analysis, policy servicing, analytical support, insurance



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