Product Owner - Sr Business Analyst - BF

Position Title:

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Job Description:

Job Title

Senior Business Analyst

Requirement Type

Full Time

Job Location

Bangalore

Requirement Level

Senior Associate

Hiring Manager

Senior Manager

Primary Skill

Product Management

Business

Product Management - Data Analytics

Skill Category

Super Niche

ABOUT ELEVANCE

Elevance Health is a leading health company in America dedicated to improving lives and communities and making healthcare simpler. It is the largest managed health care company in the Blue Cross Blue Shield (BCBS) Association serving more than 46 million lives across 14 states.

A regular in the Fortune 500 list, Elevance ranked 20 in 2025. Gail Boudreaux , President and CEO of Elevance has been a consistent name in the Fortune list of most powerful women and currently holds 53rd rank on this list.

ABOUT CARELON

Carelon Global Solutions was founded in 2017 as a fully owned subsidiary of Elevance (Previously Anthem Inc).

At the center of Carelon is its philosophy of Think Limitless. This enables us to strive for operational excellence, design and cutting-edge innovations and solutions, and deliver exceptional business value for the clients.

Diversity is one of the cornerstone values at Carelon and we are proud of harboring a rich and wholesome environment that embraces differences, is inclusive, values talent and creativity, and discriminates against any bias.

Carelon received its Great Place To Work certification in July 2021.

OUR MISSION & VALUES

Our Mission: Improving Lives and Communities. Simplifying Healthcare. Expecting More.

Our Values : Leadership | Community | Integrity | Agility | Diversity

JOB POSITION

• Carelon Global Solutions India is looking for a Senior Business Analyst .
• In this role, associate will be primarily responsible for requirements analysis, analysis of data, processes & systems associated with the requirements, creating and managing a product backlog for a specific set of capabilities of a Health Insurance focused product/application.
• While you take planned features to the market, you are also expected to keep yourself up to date with the market/competition and bring fresh ideas that will help in creating a competitive Product.
• In this position you will work in a global product team collaborating with the Engineering, Product and Business teams .

JOB RESPONSIBILITY

• Conducting market/competitor assessments and discussions with internal teams to identify new features that could improve the competitiveness of the Product
• Creation of business cases for compelling ideas working with the US Product Manager with preliminary estimates collaborating with engineering/architect team members
• Analysis of high level requirements and breaking them down to logical features and user-stories with clear objectives, outcomes and acceptance criteria
• Creating, managing and prioritization of the Product Backlog
• Conducting PI Planning, grooming and sprint planning sessions with the Engineering teams
• Participating in the scrum and ensuring requirement related impediments/clarifications faced by the team are resolved
• Work closely with the stakeholders (Engineering Lead, Engineering team members, Architects, Business, Onshore Product Manager, Quality Team, Release teams) during the course of product development
• Maintain requirements related risks/issues and track them to closure by working with the respective stakeholders
• Working with UX/UI designers to articulate requirements and enabling them to create mockups
• Reviewing test cases, test scenarios created by the QA team for User Story testing
• Validation of the test results and user-story acceptance
• Support UAT (User Acceptance Testing), working with UAT stakeholders
• Lead product demo with stakeholders for feedback and providing status updates (progress/risk/challenges)
• Participating and preparing Business Readiness documents (including release notes, Quick Start Guides, User Manuals, FAQs) for end-user training
• Assist in gathering and performing analysis including data analysis/profiling, process flow analysis, issue/observation analysis, root cause analysis (need basis)

QUALIFICATION

• Bachelor s degree in Engineering or equivalent (BCA/MCA) from a recognized University
• MBA or equivalent (PGDM, Diploma in Management) would be an added advantage
• Specialized training, certifications, and/or other special requirements (one or more of the below will be nice to have):
• Product Management (example certifications listed below)
• Certified Scrum Product Owner (CSPO)
• Professional Scrum Product Owner (PSPO)
• SAFe Product Owner/Product Manager (POPM)
• Pragmatic Marketing
• US Healthcare (AHM250)
• Business Analysis (example certifications listed below)
• CBAP (Certified Business Analysis Professional)
• CCBA (Certification of Capability in Business).

EXPERIENCE

• Overall work experience of 4-7 years of IT industry work experience
• About 2-3 years of experience in Product Management (includes sprint planning, backlog management, PI Planning, Market Assessment)
• Experience of working in an Agile environment
• Exposure to Jira, Rally, Confluence or other user story /requirement management tools
• Prior experience of working with SQL , Data Analytics, Reporting, AI would be an added advantage
• Prior experience in US Healthcare, Startups will be very valuable.

SKILLS AND COMPETENCIES

• Excellent written and verbal communication skills
• Stakeholder Management (Ability to connect and communicate with technical, functional and business stakeholders)
• Backlog management, User story writing, User Story grooming, Sprint Planning
• Understanding of US Healthcare players and 1-2 process areas (like claims, benefits, provider/network management)
• Excellent Analytical skills
• Excellent planning, organizational and time management skills
• Understanding of technology (Databases, Data Flows, SQL, Reporting, Cloud, AI concepts)
• Hands-on usage of AI tools that help in product management.

THE CARELON PROMISE

Aligning with our brand-belief of limitless minds are our biggest asset , we offer a world of limitless opportunities to our associates.

It is our strong belief that one is committed to a role when it is not just what the role entails, but also what lies in its periphery that completes the value circle for an associate.

This world of limitless opportunities thrives in an environment that fosters growth and well-being, and gives you purpose and the feeling of belonging.

LIFE @ CARELON

• Extensive focus on learning and development
• An inspiring culture built on innovation, creativity, and freedom
• Holistic well-being
• Comprehensive range of rewards and recognitions
• Competitive health and medical insurance coverage
• Best-in-class amenities and workspaces
• Policies designed with associates at the center

EQUAL OPPORTUNITY EMPLOYER

Reasonable Accommodation

Our inclusive culture empowers Carelon to deliver the best results for our customers. We not only celebrate the diversity of our workforce, but we also celebrate the diverse ways we work.

If you have a disability and need accommodation such as an interpreter or a different interview format, please ask for the Reasonable Accommodation Request Form.

*Disclaimer: Offered designation titles differs.*

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