Happiest Minds Technologies - Business Analyst - Insurance Domain (6-20 yrs)

Title : Business Analyst

Job Location : Hyderabad, and Bangalore.

Experience : 6 + Years

Business Analysts conduct market analyses, analyzing both product lines and the overall profitability of the business. In addition, they develop and monitor data quality metrics and ensure business data and reporting needs are met. Strong technology, Insurance knowledge, analytical, and communication skills are must-have traits.

Essential Responsibilities :

- Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions.

- Leading ongoing reviews of business processes and developing optimization strategies.

- Staying current on the latest processes and IT advancements to automate and modernize systems.

- Experience in the Insurance Domain.

- Conducting meetings and presentations to share ideas and findings.

- Have strong experience in Insurance Domain.

- Understand the business requirements and document and translate them into features/user stories.

- Ensure the system design is perfect as per the needs of the customer. Participating in functionality testing and user acceptance testing of the new features.

- Developing business artifacts related to the client business and conducting formal training sessions for the team.

- Acting as a coach on assigned projects and assignments; and providing business-related direction and clarification to the developers and other project stakeholders.

- Develop a team culture where everyone thinks from the end-user perspective.

- Performing requirements analysis.

- Documenting and communicating the results of your efforts.

- Effectively communicating your insights and plans to cross-functional team members and management.

- Gathering critical information from meetings with various stakeholders and producing useful reports.

- Working closely with clients, technicians, and managerial staff.

- Allocating resources and maintaining cost efficiency.

- Ensuring solutions meet business needs and requirements.

- Performing user acceptance testing.

- Managing projects, developing project plans, and monitoring performance.

- Updating, implementing, and maintaining procedures.

- Prioritizing initiatives based on business needs and requirements.

- Serving as a liaison between stakeholders and users.

- Managing competing resources and priorities.

- Monitoring deliverables and ensuring timely completion of projects.

Requirements :

- A bachelor's degree in business or related field or an MBA.

- A minimum of 3 years of experience in business analysis or a related field.

- Exceptional analytical and conceptual thinking skills.

- The ability to influence stakeholders and work closely with them to determine acceptable solutions.

- Excellent documentation skills.

- Fundamental analytical and conceptual thinking skills