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Business Analyst - Life Insurance Industry

Business Analyst - Life Insurance Industry

Hipos Consulting Services LLPMaharashtra, India
30+ days ago
Job description

Business Analyst - Candidate Should Be From Life Insurance Domain Only

Job Description : Responsibilities :

End-to-End Product Launch System Setup Activities :

  • Analyse product specifications and translate them into actionable system requirements.
  • Collaborate with cross-functional teams to ensure seamless integration and implementation.

Regulatory Compliance :

  • Ensure all product launches align with regulatory guidelines and adhere products specs / contract.
  • Stakeholder Collaboration :

  • Act as a liaison between Operations, Finance, Actuaries, Product Management, and IT teams.
  • Facilitate clear communication to address requirements and resolve challenges.
  • Coordinate with functions for Sign-offs BRD, FSD and UAT.
  • Business Analysis :

  • Conduct thorough requirement gathering, gap analysis, and feasibility studies.
  • Develop and maintain documentation, including business requirement documents (BRDs), analysis of Functional Specification Document (FSD), business process flows, managing UAT, and test scenarios / cases.
  • Domain Expertise :

  • Utilize in-depth knowledge of life insurance products to provide insights and solutions.
  • Stay updated on market trends and regulatory changes impacting the life insurance domain.
  • Key Qualifications :

  • 5+ years of experience as a Business Analyst in the life insurance industry.
  • Strong understanding of life insurance products and processes.
  • Proven ability to manage end-to-end product launches.
  • Excellent analytical, problem-solving, and communication skills.
  • Key Competencies :

  • Strong stakeholder management and collaboration skills.
  • Attention to detail and a solution-oriented mindset.
  • Ability to handle multiple priorities and meet tight deadlines.
  • Team player with excellent interpersonal and negotiation skills.
  • ref : iimjobs.com)

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