Business Analyst

Key Responsibilities:

• Requirements Gathering
• Collaborate with stakeholders (business users, IT, project managers) to collect and document business requirements for new products, processes, or system enhancements. Preferably for New business, Bank/Partner Integration, and customer onboarding processes.
• Conduct discussions with user department to elicit detailed requirements.
• Translate business needs into clear, actionable documentation (user stories, use cases, process flows)
• Conducts Meetings with IT to explain the requirements to technical team and resolve all their dependencies.
• Process Improvement
• Map and analyse existing business processes to identify inefficiencies or gaps.
• Recommend and help implement process enhancements to improve operational efficiency and customer experience.
• Testing and Implementation Support
• Participate in solution testing, including preparing or reviewing test scenarios and supporting user acceptance testing (UAT).
• Assist in training users and preparing documentation for new systems or processes.
• Stakeholder Communication
• Maintain clear communication with internal teams (e.g., new business, IT, operations) and external partners (vendors, consultants).
• Present findings and recommendations to senior stakeholders in a clear, concise manner.

Required Skills and Qualifications

• Prior experience of 5+ years in insurance is must.
• Bachelors degree in business administration, Finance, Insurance, or a related field
• Strong analytical and critical thinking skills, with attention to detail
• Strongunderstanding of life insurance products, underwriting, policy administration, claims, and regulatory compliance.
• Proficiency in business analysis tools (e.g., JIRA, Confluence, Excel). Familiarity with data analysis or visualization tools is a plus.
• Familiarity with project management or agile methodologies.
• Understanding of API integration
• Excellent written and verbal communication skills for effective stakeholder engagement
• Should be familiar with Customer lifecycle in Insurance domain and should be able to quickly learn insurance products, processes, and regulatory requirements
• Certifications like CBAP, PMI-PBA, IIIcertifications or domain-specific credentials can be advantageous.