Lead Business Analyst

Job Summary :

We are seeking a highly experienced and seasoned Technical Business Analyst with a deep understanding of the Life Insurance industry. In this critical role, you will bridge the gap between business needs and technical solutions, leveraging your extensive experience to analyze complex business requirements, translate them into technical specifications, and facilitate the successful delivery of technology projects. Your proficiency in SQL for data analysis and experience with API integration will be crucial in driving informed decision-making and ensuring seamless system interactions. We are looking for a stable and committed professional with a proven track record of delivering impactful results within the Life Insurance domain. Immediate joiners or those with a short notice period are highly :

• Business Requirements Elicitation and Analysis : Elicit, analyze, and document complex business requirements from stakeholders within the Life Insurance domain, including underwriting, policy administration, claims processing, actuarial, and distribution.
• Technical Requirements Definition : Translate detailed business requirements into clear, concise, and technically feasible specifications, including functional and non-functional requirements.
• Data Analysis and Insights : Utilize strong SQL skills to perform in-depth data analysis, identify trends, and provide valuable insights to support business decisions and project planning.
• API Integration Expertise : Understand and document API integration requirements, ensuring seamless data exchange between various systems and applications.
• Process Modeling and Documentation : Create process flow diagrams, use cases, and other relevant documentation to clearly articulate business processes and system functionalities.
• Stakeholder Management : Effectively communicate and collaborate with diverse stakeholders, including business users, IT teams, and vendors, to ensure alignment and understanding throughout the project lifecycle.
• Solution Design and Evaluation : Participate in the evaluation of potential technical solutions, ensuring they meet business needs and technical requirements.
• Testing and Validation Support : Support testing efforts by providing business context, reviewing test plans and test cases, and assisting with user acceptance testing (UAT).
• Project Lifecycle Support : Actively participate in all phases of the project lifecycle, from initiation to deployment and post-implementation support.
• Domain Expertise Application : Leverage your in-depth knowledge of Life Insurance business processes, products, and terminology to provide valuable context and ensure solutions are aligned with industry best practices.
• Problem Solving and Issue Resolution : Identify, analyze, and resolve business and technical issues that arise during the project lifecycle.
• Continuous Improvement : Identify opportunities for process improvement and contribute to the development of best practices within the business analysis and Experience :
• 15- 20 years of relevant experience as a Technical Business Analyst.
• Strong preference for candidates with experience in the Life Insurance Expertise :
• Proficiency in SQL for data analysis, querying, and report generation.
• Experience with API integration concepts and Expertise :
• In-depth knowledge of Life Insurance business processes across various functional areas (e.g., New Business, Underwriting, Policy Servicing, Claims, Finance, Actuarial).
• Familiarity with Life Insurance products, regulations, and industry :
• At least 3 years of experience in a single company or organization, demonstrating stability and continuity in career progression.
• Excellent analytical, problem-solving, and conceptual thinking skills.
• Strong written and verbal communication skills, with the ability to effectively communicate complex technical and business concepts to diverse audiences.
• Proven ability to work independently and collaboratively within a team environment.
• Experience working with project management methodologies (e.g., Agile, Waterfall).
• Bachelor's degree in Computer Science, Business Administration, Finance, Actuarial Science, or a related Skills :
• Experience with specific Life Insurance administration systems or platforms.
• Knowledge of data modeling and database concepts.
• Familiarity with business intelligence (BI) and reporting tools.
• Experience with regulatory compliance within the Life Insurance industry.
• Certifications in Business Analysis (e.g., CBAP, CCBA).

ref : hirist.tech)