Assistant Vice President/Deputy Vice President - Business Analyst - Insurance Domain (15-20 yrs)

Job Title : Business Analyst - Vice President / Deputy Vice President

Age : 42

Experience : 15+ Years

Location : Thane

Domain : Insurance Domain (preferably Health Insurance)

Job Summary :

We are seeking an experienced and strategic Business Analyst (VP/DVP level) to lead and drive business analysis initiatives for our organization. The ideal candidate should have 15+ years of experience in business analysis, financial modeling, and strategy execution, with a proven track record of handling a portfolio size of INR 1,500 Cr to 2,000 Cr. The role requires strong leadership skills to manage a team, optimize business processes, and drive data-driven decision-making.

Key Roles & Responsibilities:

Strategic Planning & Business Analysis:

- Lead and drive business strategy, financial planning, and forecasting to ensure portfolio growth and profitability.

- Conduct market analysis, competitor benchmarking, and industry trend assessments to support decision-making.

- Develop financial models, investment strategies, and risk assessments for optimizing portfolio performance.

- Collaborate with senior stakeholders to define key business objectives, KPIs, and metrics for tracking performance.

Portfolio Management & Performance Optimization:

- Oversee and manage a portfolio worth INR 1,500 Cr - 2,000 Cr, ensuring profitability and risk mitigation.

- Identify opportunities for portfolio diversification, expansion, and revenue enhancement.

- Monitor and analyze financial performance, asset utilization, and investment returns.

- Work closely with cross-functional teams to enhance operational efficiencies and reduce costs.

Stakeholder & Team Management:

- Lead, mentor, and develop a team of business analysts to drive high performance.

- Act as a liaison between business units, finance teams, technology, and senior leadership to align business goals.

- Present business insights, reports, and strategic recommendations to the executive leadership.

- Foster strong relationships with clients, investors, and external partners to support business growth.

Process Improvement & Technology Enablement:

- Identify process gaps, inefficiencies, and areas for digital transformation.

- Work with IT and data teams to implement technology-driven solutions, automation, and business intelligence tools.

- Leverage AI, analytics, and data visualization tools to enhance business insights and decision-making.

Risk Management & Compliance:

- Ensure compliance with regulatory standards, financial reporting norms, and corporate governance policies.

- Conduct risk assessments and develop mitigation strategies to protect business interests.

- Collaborate with legal and compliance teams to ensure adherence to industry regulations and policies.

Key Skills & Competencies:

- Strong expertise in business analysis, financial modeling, and strategy development.

- Proficient in portfolio management, investment analysis, and risk management.

- Advanced knowledge of MS Excel, Power BI, Tableau, SQL, and other data analytics tools.

- Strong leadership, team management, and stakeholder engagement skills.

- Ability to drive digital transformation and process automation initiatives.

- Excellent communication, presentation, and negotiation skills.

- Experience in the Insurance domain, preferably Health Insurance, is mandatory.

Qualifications & Experience:

- MBA in Finance / Business Analytics / Strategy or equivalent.

- CFA / CA / PMP certification is a plus.

- 15+ years of experience in business analysis, financial planning, and strategy execution.

- Proven experience in handling a portfolio size of INR 1,500 Cr - 2,000 Cr.

- Experience in managing teams and working with senior leadership.