Business Analyst-Commercial Insurance

Job Description

Specification: Location: Chennai Job Type: Full-time Experience : 1.5+ years Mode of interview : Virtual + F2F (If required) Notice period: Immediate days to 15 days Job Title: Business Analyst- Commercial Insurance project About the Role: We are seeking a highly skilled Business Analyst with experience in commercial insurance projects to join our team. The ideal candidate will have a deep understanding of insurance products, policy administration, claims management, and regulatory compliance. They will work closely with stakeholders to analyze business needs, define requirements, and support the development and implementation of insurance solutions. Key Responsibilities: - Gather, analyze, and document business requirements for commercial insurance projects. - Collaborate with stakeholders and IT teams to identify and implement process improvements. - Define functional and non-functional requirements for insurance applications and systems. - Work with stakeholders to develop business process models, workflows, and use cases. - Conduct gap analysis to identify areas for improvement in insurance operations. - Support the development of test cases and validate system functionality against business requirements. - Facilitate stakeholder meetings, workshops, and requirement elicitation sessions. - Ensure compliance with industry regulations and company policies. - Assist in user training, change management, and post-implementation support. - Stay up-to-date with industry trends and best practices in commercial insurance and business analysis. Qualifications & Skills: - Bachelor's degree in Business, Finance, Information Technology, or a related field. - 1.5+ years of experience as a Business Analyst, with at least a year of experience in commercial insurance projects. - Strong knowledge of commercial insurance products such as Property, Casualty, Liability, and Workers' Compensation or Experience in motor and health insurance also fine. - Proficiency in business analysis tools (e.g., JIRA, Confluence, Visio, SQL, or similar tools). - Strong analytical, problem-solving, and communication skills. - Ability to translate complex business needs into clear and concise technical requirements. - Professional certifications (e.g., CBAP, CCBA, or insurance-related certifications such as CPCU, AINS) are a plus.