drjobs Business Analyst

Business Analyst

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1 Vacancy
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Job Location drjobs

Mumbai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Key Responsibilities:Business Analysis: Analyze insurance business processes and identify areas for improvement. Collaborate with stakeholders to gather document and validate business requirements and translate them into technical specifications.Requirement Gathering: Conduct detailed meetings with business users to understand functional requirements and ensure alignment with business objectives.Knowledge of underwriting claims policy administration or actuarial processes.Stakeholder Management: Work closely with internal teams product owners IT and third party vendors to ensure successful implementation and delivery of insurance solutions.Data Analysis & Reporting: Utilize data analytics tools to generate reports dashboards and metrics to support business decisionmaking and performance tracking.Project Management Support: Assist in the management of insurance related projects ensuring that timelines budget and scope are adhered to.Compliance & Regulations: Ensure that all solutions and processes are compliant with insurance regulations and industry best practices.Testing & Quality Assurance: Assist in the development of test plans and participate in user acceptance testing (UAT) to ensure the quality of deliverables.Training & Support: Provide training to business users and support in the adoption of new processes and systems.Continuous Improvement: Continuously monitor and analyze business processes and suggest improvements to enhance productivity reduce costs and optimize the overall business operation.Required Skills and Qualifications:Experience: 5 to 6 years of experience in business analysis with a focus on the insurance industry (life health property & casualty).Insurance Knowledge: Strong understanding of insurance products processes regulations and technology solutions.Analytical Skills;Ability to analyze large data sets identify trends and provide actionable insights.Communication Skills :Excellent verbal and written communication skills to engage with stakeholders at all levels.Technical Skills: Proficiency in Microsoft Office Suite (Excel Word PowerPoint) and experience with business analysis tools (e.g. JIRA Confluence).Process Documentation:Experience in creating business requirement documents (BRDs) functional specification documents (FSDs) and process flows.Problem Solving:Strong problem solving and critical thinking abilities to address challenges in a timely and efficient manner.Certifications:Certification in Business Analysis (CBAP CCBA) or insurance specific certifications (e.g. CPCU LOMA) is a plus.Education:Bachelors degree in business administration Finance Insurance or related field. Masters degree is a plus.

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Employment Type

Full-Time

Company Industry

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