Insurance Domain Business Consultant
2 weeks ago
At DATAECONOMY, we are seeking a highly motivated and experienced Business Analyst to join our Insurance team. The ideal candidate will have a strong understanding of the insurance domain lifecycle and possess excellent analytical and problem-solving skills. This role will involve collaborating with various 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.
- 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.
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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