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53 Data Economy Jobs

Business Analyst (Insurance Domain)

5-9 years

Kolkata, Mumbai, New Delhi + 4 more

1 vacancy

Business Analyst (Insurance Domain)

Data Economy

posted 3mon ago

Job Description

We are seeking a highly motivated and experienced Business Analyst to join our Insurance team. The ideal candidate will have a strong understanding of the insurance domain lifecycle and possess excellent analytical and problem-solving skills. This role will involve collaborating with various stakeholders to gather requirements, analyze data, and develop effective solutions to drive business growth and efficiency.

Key Responsibilities

Requirements Gathering:

  • Elicit, analyze, and document business requirements from stakeholders across different levels of the organization.
  • Conduct interviews, workshops, and surveys to gather information and understand business processes.
  • Create detailed requirements specifications, including use cases, process flows, and data models.

Business Analysis:

  • Analyze existing business processes and identify opportunities for improvement.
  • Conduct data analysis to identify trends, patterns, and anomalies.
  • Develop business cases to justify proposed solutions and measure their impact.

Solution Design:

  • Collaborate with technical teams to design and develop solutions that meet business requirements.
  • Ensure that solutions align with the overall business strategy and architecture.

Testing and Implementation:

  • Support the development and execution of test plans.
  • Coordinate with project teams to ensure timely implementation of solutions.

Post-Implementation Support:

  • Provide ongoing support and maintenance for implemented solutions.
  • Monitor performance and identify areas for optimization.

Requirements Qualifications and Experience

  • Bachelors degree in Business Administration, Computer Science, or a related field.
  • 5-9 years of experience in business analysis, with a strong focus on the insurance domain.
  • In-depth understanding of the insurance lifecycle, including underwriting, policy administration, claims processing, and risk management.
  • Proven ability to gather, analyze, and document complex business requirements.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Experience with business analysis tools and methodologies (e.g., UML, BPMN).

Preferred:

  • Experience with insurance industry software applications.
  • Knowledge of data analytics and visualization tools.
  • Good to have : LOMA (Life Office Management Association) certification or equivalent.


Employment Type: Full Time, Permanent

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What people at Data Economy are saying

Business Analyst salary at Data Economy

reported by 1 employee with 14 years exp.
₹25.2 L/yr - ₹32.2 L/yr
198% more than the average Business Analyst Salary in India
View more details

What Data Economy employees are saying about work life

based on 51 employees
90%
97%
58%
67%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Data Economy Benefits

Work From Home
Soft Skill Training
Health Insurance
Cafeteria
Education Assistance
Gymnasium +6 more
View more benefits

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