Business Analyst

Key Skills: P&C Insurance and Insurance Suite
Job Location: Hyderabad, Pune, and Coimbatore
Mode of Work: Work From Office

Experience: 3-8 Years

About the job:
A Business Analyst is a client facing role that will orchestrate solution implementations leveraging core Business Analysis skills, domain, and functional understanding in coordination the entire team. He/ She will first understand the solution, tools, technology landscape, architectural of the solution to understand the dataflows, user roles, business features/ needs in scope, etc. She/ He will then perform the activity of planning his/her activities, reviewing the plan, task breakdown, scheduling, and detailing the outcomes from each. He/ She will ensure relevant and latest updates in the insurance industry for geography relevant to the allocated project/ client are known to him/ her and they are utilized during implementation.

Know your team:

At ValueMomentum Technology Solution Centers, we are a team of passionate software engineering teams who thrive on tackling complex business challenges with innovative solutions catering to the P&C insurance value chain. We achieve this through a strong software engineering foundation and by continuously refining our processes, methodologies, tools, agile delivery teams, and core engineering archetypes. Our core expertise lies in six key areas: Platforms, Infra/Cloud, Application, Data, Core, and Quality Assurance.

Join our team that invests in your growth. Our Infinity Program empowers you to build your career with role-specific skill development, leveraging immersive learning platforms. You'll have the opportunity to work with some of the best minds serving insurance customers in the US, UK and Canadian markets.

Responsibilities:

• Engage with Insurance IT, Business teams and all the internal and external stakeholders involved in implementations and rollout to determine business requirements, and to ensure the development is in line with the requirements and scope.
• Configure/ provide configuration of rating logic and business rules along with patterns of business logic.
• Document and articulate all functional, UI, and product requirements using standard methods.
• Understand the offerings and Products that will be implemented; understand what is currently available, supported and not supported and present the same.
• Perform functional testing of the solution to troubleshoot and identify the issues quickly, report to respective stakeholders and track to closure during development and before deployment.
• Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT.
• Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.
• Provide estimates for the activities; as part of change management inform the criticality, impact, risks, and priority. Provide timely walkthroughs of the work items – documentation, configured products, solution; regularly update the complex and challenging scenarios.

Requirements:

• Analysis, documentation, presentation, and communication should be detailed where required and of high quality.
• Flexibility to adjust work timings and willingness to achieve stretched targets, when required.
• Assertive and highly motivated and should be at ease with managing multiple tasks at any point in time. Excellent interpersonal and communication skills.
• Experience – 3 to 8 years.
• Experience and knowledge of the Life / P&C Insurance domain and Products like Life Insurance or Commercial Lines Indian market.
• Experience in implementing software solutions using established Insurance software products or customised software solutions.
• Experience in implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various Life / General insurance products.