Insurance Business Analyst

5 days ago

Bengaluru Navi Mumbai Noida, India Hexaware Technologies Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Mandatory skills -

  • Analyze business processes and requirements specific to US Property & Casualty (P&C) insurance
  • Collaborate with stakeholders to identify gaps and opportunities for process improvement.
  • Define and document business requirements, workflows, and functional specifications.
  • Conduct market research and competitor analysis within the US P&C insurance domain.
  • Support the design and implementation of insurance systems and solutions.
  • Work closely with IT teams to ensure alignment between business needs and technical solutions.
  • Facilitate workshops and meetings to gather requirements and validate solutions.
  • Monitor regulatory changes impacting the US P&C insurance industry and recommend necessary adjustments.

Key Responsibilities

  • Strong knowledge of US P&C insurance products, processes, and regulations.
  • 5-10 years of experience in business analysis or consulting within the insurance domain.
  • Proficiency in business analysis tools (e.g., JIRA, Confluence, Visio).
  • Excellent communication and stakeholder management skills.
  • Ability to work independently and as part of a team in a fast
  • paced environment.
  • Familiarity with Agile methodologies and frameworks.
  • Experience with data analysis and reporting tools (e.g., Excel, Power BI, Tableau).

Preferred Qualifications

  • Certification in business analysis (e.g., CBAP, CCBA) or insurance (e.g., CPCU, AINS).
  • Experience with US P&C insurance systems and platforms.
  • Knowledge of emerging trends in InsurTech and digital transformation within the US P&C insurance market.

Educational Background

  • Bachelors degree in Business, Finance, Insurance, or related field (Masters preferred).
  • Analytical mindset with a strong problem
  • solving approach.
  • Adaptability to changing business environments and priorities.
  • Strong interpersonal skills for collaboration across diverse teams.

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