Business Analyst

5 days ago

Bengaluru Chennai, India UPWARDIQ SOFTWARE SOLUTIONS PRIVATE LIMITED Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Job Title: Business Analyst Insurance Domain

Location: Chennai

Experience: 7-10 years

Job Type: Full-time

Work Mode: WFO

Job Summary:

We are seeking an experienced Business Analyst with strong expertise in the insurance domain to join our team. The ideal candidate will have in-depth knowledge of insurance processes, underwriting, claims management, and policy administration. The role involves working closely with stakeholders, gathering and analyzing business requirements, and ensuring seamless implementation of insurance solutions.

Key Responsibilities:

  • Work with stakeholders to gather, analyze, and document business requirements related to insurance products and services.
  • Collaborate with IT teams to develop and implement system enhancements for policy administration, claims processing, and underwriting.
  • Conduct gap analysis, feasibility studies, and impact assessments for new system implementations or modifications.
  • Develop functional specifications, user stories, and process flows to facilitate system design and development.
  • Work with QA teams to define test scenarios and validate insurance-related functionalities.
  • Conduct user acceptance testing (UAT) and support end-users in system adoption.
  • Assist in regulatory and compliance requirements within the insurance industry.
  • Identify opportunities for process improvement and recommend solutions to enhance business efficiency.
  • Provide training and documentation for end-users and stakeholders.

Required Skills & Experience:

  • 7+ years of experience as a Business Analyst in the Insurance domain (Life, Health, Property & Casualty, etc.).
  • Strong understanding of insurance workflows, underwriting, claims processing, and policy administration systems.
  • Experience with insurance software platforms (e.g., Guidewire, Duck Creek, Insurity, or other core insurance systems).
  • Knowledge of insurance regulations and compliance requirements.
  • Proficiency in Agile/Scrum methodologies, including writing user stories and managing backlogs.
  • Strong experience with SQL, data analysis, and reporting tools.
  • Hands-on experience with process modeling tools (Visio, Lucidchart, BPMN, etc.).
  • Excellent communication skills to interact with technical and non-technical stakeholders.

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