Sr. Business Analyst (P&C)

Overview

• 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.

Job Type: Full-time

Pay: From ₹1,200,000.00 per year

Schedule:

• Monday to Friday
• Morning shift

Application Question(s):

• Do you have knowledge on ISO in relevance to P&C?
• How many projects have you worked in P&C domain?
• Are you comfortable in Full-Time, Hyderabad location, in 100% Work From Office mode?
• This role requires some as Immediate Joinee to 30 days of serving notice period, do you fit in this category?
• What is your CTC?
• What is your expected CTC?

Experience:

• Business Analyst: 4 years (Required)
• Insurance domain: 3 years (Required)
• P&C (Property & Casualty): 2 years (Required)
• Commercial Lines: 1 year (Required)
• overall: 4 years (Required)
• Functional Testing: 3 years (Required)
• Policy Administration, Rating and Underwriting modules: 3 years (Required)

Work Location: In person