Business Analyst

5 days ago

Bengaluru, Karnataka, India Idyllic Services Full time ₹ 15,00,000 - ₹ 30,00,000 per year

Business Analyst – Insurance (London Market)


Locations:
Bangalore, Hyderabad, Chennai, Mumbai, Pune, Gurgaon


Experience Required:
7+ Years

Role Overview

We are looking for a highly skilled
Business Analyst
with deep expertise in the
London Insurance Market
and a proven track record of delivering
data-centric projects
within the
General Insurance domain
. This role will serve as a vital bridge between business stakeholders and technology teams—ensuring requirements are clearly captured, solutions align with business goals, and industry standards are adhered to.

Key Responsibilities

  • Collaborate with business and technical stakeholders to
    gather, analyze, and document requirements
    .
  • Conduct
    workshops, interviews, and process analysis
    to understand current operations and identify improvements.
  • Translate business needs into
    functional specifications, user stories, process flows, and data models
    .
  • Partner with development, data engineering, and QA teams to ensure requirements are implemented effectively.
  • Support
    UAT planning & execution
    including test case design, execution oversight, and defect management.
  • Analyze and optimize workflows across
    underwriting, claims, policy administration, and finance
    .
  • Lead initiatives in
    data migration, cleansing, and system integration
    during system transitions.
  • Drive
    decommissioning of legacy platforms
    and support migration to modern
    Policy Administration Systems (PAS)
    .
  • Ensure compliance with
    regulatory frameworks, data governance, and quality standards
    .

Required Skills & Experience

  • 7+ years
    of Business Analyst experience with strong exposure to
    London Market Insurance
    .
  • Hands-on experience with
    data-centric projects
    in General Insurance.
  • Strong knowledge of the
    insurance lifecycle
    (underwriting, claims, policy admin, finance).
  • Expertise in writing
    BRDs/FRDs, data models, and process flows
    .
  • Proven experience in
    data migration, data cleansing, and system integration
    .
  • Familiarity with
    Policy Administration Systems (PAS)
    and legacy platform decommissioning.
  • Excellent
    communication, stakeholder management, and facilitation skills
    .
  • Knowledge of
    regulatory and compliance frameworks
    within the London Market.

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