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IT & Systems

Job Code

1528242

Business Analyst - P&C/Insurance Segment

4 - 7 Years.Hyderabad
Posted 1 week ago
Posted 1 week ago

Experience needed: 4-7- years as Business Analyst.

Type: Full-Time.

Industry: Insurance (P&C)- Domain experience needed as mandatory.

Mode: 100% WFO (Monday to Friday).

Shift: General Shift.

Location: Hyderabad, India.

Job Description:

- A Business Analyst for a client facing role that will contribute to cloud-based- solution implementations leveraging core Business Analysis skills, domain and functional understanding.

- Business Analyst will perform Configurations (insurance rate plans, business- rules, and deviations to standard bureau offerings, etc.) and contribute to standalone application- development projects.

- Business Analyst will engage with Insurance IT, Business teams and all the internal and external- stakeholders for implementation.

Key Responsibilities:

- Engage with the customer to determine business requirements, work closely with- internal stakeholders, to ensure the development is in line with the requirements and- scope.

- Understanding of P&C Domain and Business Processes.

- Configuration of rating logic and business rules.

- Ability to document and articulate all functional, UI, and product requirements using- standard methods.

- Understanding of the offerings and Products that will be implemented as part of- Enterprise Products LOB implementations; understanding of what is currently available,- supported and not supported.

- Ability to do functional testing of the solution.

- Ability to trouble shoot and identify the issues quickly, report to respective stakeholders- and track to closure.

- Ability to provide detailed mapping specifications for integration with other systems.

- Engagement with customer - provide functional walkthroughs of the solution; discuss on- scope changes to determine the impact analysis; engage with UAT users effectively and- assist UAT to completion.

- Engagement with implementation team - Provide detailed walkthroughs of the system- requirement; configuration activities; closely work with technical associates on project- development activities; review test cases and assist QA to closure; internal KTs on the- domain.

- Engagement with PM/DM/CSD - Provide estimates for the configuration activities; as- part of change management, inform the criticality, impact, risks, and priority.

- Engagement with internal stakeholders Provide timely walkthroughs of the work items - documentation, configured products, solution; regularly update the complex and- challenging scenarios; inform the scope changes and impact.

Additional requirements:

- Detail oriented and drive to deliver high quality work.

- A strong analytical and logical focus to problem solving.

- Flexibility to adjust work timings and willingness to achieve stretched targets, when- required.

Assertiveness:

- Willing to travel for business/customer meetings on need basis.

- Highly motivated and should be at ease with managing multiple tasks at any point in- time.

- MS Office Suite.

Skills and Experience:

- 4-7 years of relevant IT experience in the following areas, including 3+ years of in- P&C domain.

- Excellent Knowledge of P&C Insurance domain (preferably Commercial Lines).

- Knowledge of ISO is an additional advantage.

- Experience in implementing solutions using established Insurance Products/Suites is- an advantage.

- Ability to explain complex business and technical issues in simple terms.

- Experience in implementing Policy Administration, Rating and Underwriting- modules.

- Excellent interpersonal and communication skills.

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