Senior Business Analyst – Insurance – IFRS Medical Underwriting

2 days ago

Chennai, Tamil Nadu, India EPAM Systems Full time ₹ 12,00,000 - ₹ 36,00,000 per year

We are looking for a highly experienced
Senior Business Analyst
to drive business analysis activities for the Life Admin modules of our insurance administration platform. This role requires deep domain expertise in
insurance or reinsurance
, strong analytical capabilities, and the ability to leverage
GenAI tooling
to accelerate backlog authoring, documentation, and stakeholder engagement.

Responsibilities

  • Oversee the elicitation, analysis, and documentation of business requirements for Reinsurance components such as UW, Premium and Claims processing
  • Translate complex insurance/reinsurance concepts into clear, actionable user stories and backlog items
  • Collaborate with Product Owners, Technical Leads, and Data Engineers to ensure alignment between business needs and technical solutions
  • Leverage GenAI tools to draft and refine backlog items, generate documentation, process maps, and test scenarios, summarize regulatory or actuarial inputs as system requirements, and automate traceability matrices and impact assessments
  • Facilitate workshops, sprint planning sessions, and retrospectives with a focus on business value delivery
  • Support data analysis and validation efforts using SQL and reporting tools
  • Act as a domain expert for Life Admin workflows, bordereaux processing, and treaty management

Requirements

  • 6+ years of experience as a Business Analyst, with significant exposure to insurance or reinsurance domains
  • Strong understanding of Life Admin systems, including premium verification, claims assessment, and treaty onboarding
  • Proficiency in SQL and data analysis for requirement validation and reporting
  • Experience with agile methodologies and backlog management tools (e.g., Azure DevOps, Jira)
  • Hands-on experience with GenAI platforms (e.g., Azure OpenAI, ChatGPT, GitHub Copilot) for documentation and productivity
  • Strategic thinking and stakeholder management skills
  • Excellent communication and facilitation skills
  • Leadership and mentoring capabilities
  • Curiosity and adaptability to explore emerging technologies like GenAI
  • Strong analytical mindset with attention to detail
  • English level of minimum B2 (Upper-Intermediate) for effective communication

Nice to have

  • Familiarity with bordereaux transformation and medical underwriting workflows
  • Understanding of GDPR, IFRS 17, and data privacy regulations
  • Experience working with cross-functional squads, including developers, QA engineers, and data engineers

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