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Business Analyst

Location: India, Hyderabad

Work Experience: 8-15 Years

Requirements:

  • Knowledge of Worksite Insurance, Voluntary Benefits, or Employee Benefits Insurance.
  • Understanding of employer-sponsored insurance benefits offered to employees through payroll deductions.
  • Familiarity with supplemental benefits that provide additional financial protection beyond standard health insurance.
  • Must have an insurance background with specific experience in US Supplemental Health Insurance.
  • Strong experience in Business Analysis, Requirements Management, Agile/Scrum, User Story Writing, and Backlog Management.
  • Proficiency in Process Modeling, Data Analysis/Mapping, SQL, Reporting Tools, APIs, and UAT.
  • Excellent Stakeholder Management and Facilitation skills with strong knowledge of US Supplemental Health and Worksite Insurance domains.
  • Hands-on experience with Jira, Confluence, Microsoft Office Suite, and preferably Wealth Management domain knowledge.
  • Good to have exposure to COTS products such as EIS, Duck Creek, Majesco, Guidewire, and wMA.

Qualifications: Bachelor’s or Master’s degree in any discipline from a recognized institution is acceptable.

Job Description:

  • Elicit, analyze, and document business requirements through stakeholder interviews, workshops, and discovery sessions.
  • Translate complex business needs into clear functional requirements, user stories, process flows, and acceptance criteria that enable successful solution delivery.
  • Collaborate with Product Owners, Architects, Developers, and QA teams to ensure requirements are accurately understood and implemented.
  • Perform business process analysis and process improvement initiatives, identifying opportunities for automation, optimization, and operational efficiency.
  • Develop and maintain business process models, workflows, use cases, and data mappings to support solution design and implementation.
  • Partner with business stakeholders to understand and translate insurance, wealth management, and financial services requirements into actionable business and system requirements.
  • Facilitate requirements refinement sessions and support Agile ceremonies including backlog grooming, sprint planning, reviews, and retrospectives.
  • Analyze data from multiple sources to identify trends, business impacts, process gaps, and opportunities for improved decision-making.
  • Support User Acceptance Testing (UAT) by defining test scenarios, validating business requirements, coordinating testing activities, and obtaining stakeholder sign-off.
  • Ensure compliance with business policies, regulatory requirements, governance standards, and audit controls applicable to the insurance and financial services industry.
  • Manage requirement traceability throughout the project lifecycle, ensuring alignment between business objectives, solution design, testing, and implementation.
  • Build strong relationships with stakeholders across business and technology teams while providing leadership, mentorship, and guidance to junior analysts.