Senior Business Analyst - Insurance Domain

Profile : Senior Business Analyst / Functional Consultant Insurance Domain (Life & Annuities).

Location : Gurgaon.

Budget : As per Your Interview & Experience.

Experience : 2 Years to 9 Years.

Job Summary :

We are looking for a highly skilled and experienced Senior Business Analyst / Functional Consultant with strong functional and technical expertise in Life Insurance and Annuities domain.

The ideal candidate will have in-depth knowledge of INGENIUM and Group Asia applications, excellent SQL skills, and hands-on experience in Agile and Waterfall methodologies.

This role involves requirement gathering, analysis, stakeholder coordination, solution design, testing support, and implementation across back-end insurance Responsibilities :

Functional & Technical Analysis :

• Responsible for requirement elicitation, gap analysis, and defining / documenting the scope of business needs.
• Identify project risks and assumptions during functional documentation.
• Perform detailed functional analysis and coordinate with stakeholders for requirement clarifications.
• Create use cases, data flow diagrams, activity diagrams, flow charts, and other process documentation using tools like MS Visio, Balsamiq, etc.
• Perform gap analysis and re-engineering of existing business Domain Expertise :
• Deep knowledge of Life Insurance & Annuity products and Indian insurance operations.
• Experience working with INGENIUM and Group Asia applications, including backend data structures and integration.
• Provide insights on process improvements and assist in defining business operating Proficiency :
• Strong knowledge of SQL and Oracle databases with excellent query-writing skills.
• Ability to understand and work with high and low-level system designs.
• Assist development teams in API development, system changes, and interface integration with third-party systems.
• Exposure to MongoDB and tools like Postman, SOAPUI, Swagger is an added & Deployment :
• Work closely with QA during all testing phases (SIT, UAT) and assist in test case preparation, defect tracking, and resolution.
• Support end users during acceptance and handle migration activities.
• Ensure smooth handover to maintenance teams post-production & Team Management :
• Support program management through regular updates and status tracking.
• Help in estimating delivery timelines and allocate work across team members.
• Mentor and onboard new team members, conduct regular performance reviews, and engage in stakeholder meetings for continuous improvement.
• Review and ensure quality of Functional Requirement Documents (FRDs), RCA reports, work logs, and delivery & Communication :
• Prepare and review key project artifacts including :
• Functional / Technical Requirement Specifications (FRS / TRS).
• Requirement Traceability Matrix (RTM).
• Acceptance Criteria.
• Wireframes, Prototypes, HTML Reviews.
• Provide functional walkthroughs to developers, testers, and business users.
• Maintain strong communication with internal teams and external Skills :
• 8+ years of experience in Insurance Domain (Life & Annuities).
• Excellent understanding of INGENIUM, Group Asia, backend systems.
• Strong expertise in SQL, Oracle DB, and data querying.
• Hands-on with Agile delivery and tools like JIRA.
• Proficiency in MS Office Suite, MS Visio, Balsamiq.
• Experience in Business & Functional Documentation.
• Strong interpersonal and stakeholder management :
• Experience with MongoDB.
• Understanding of API development and integration.
• Experience in preparing regression test results.
• Knowledge of tools like Postman, SOAPUI, Skills :
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication.
• Ability to work independently and lead cross-functional teams.
• Detail-oriented with a focus on quality and timely delivery.

(ref : hirist.tech)