Life Insurance Business Operations Analyst
7 days ago
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 SummaryWe 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
- 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
- Background in the life insurance industry
Academic Qualifications: Bachelor's Degree
Business analysis, data analysis, policy servicing, analytical support, insurance
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