Senior Business Analyst - Group Life Insurance

Cognizant; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A global consulting company in Toronto is seeking a Senior Business Analyst to join their Group Insurance team. The role focuses on translating business requirements into detailed specifications for insurance solutions. The ideal candidate has 3–5 years of experience in group life insurance, strong analytical skills, and proficiency in tools like Jira and Confluence. This is a hybrid position requiring in-office work part-time.

Benefits

Medical, dental, vision, and life insurance

401(k) plan

Employee stock purchase plan

Learning and development programs

Qualifications

• 3–5 years of experience as a Business Analyst in group life insurance.
• Strong analytical and investigation skills.
• Hands-on experience with Scaled Agile methodology.

Responsibilities

• Analyze and refine business requirements into detailed specifications.
• Document functional, technical, and user interface requirements.
• Participate in JAD sessions to elicit system requirements.

Skills

Analytical skills

Investigative skills

Data mapping

Integration between applications

Understanding of APIs

Scaled Agile methodology

Education

LOMA or similar certification

Tools

Jira

Confluence

Job description

Senior Business Analyst – Group Insurance

Location – Toronto

About Cognizant Consulting

Cognizant Consulting is more than Cognizant’s consulting practice—we’re a global community of 6,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we’re looking for our next colleague who’ll join us in shaping the future of business. Could it be you?

About the Role

As a Business Analyst – Group Insurance, you will make an impact by translating high-level business requirements into detailed system specifications and user stories for complex insurance solutions. You will be a valued member of our Consulting team and work collaboratively with business stakeholders, vendors, and technical teams to deliver transformation programs in the group life insurance domain.

In this Role, You Will

• Analyze and refine business requirements, converting them into detailed functional specifications and user stories.
• Review BRDs from business and vendors, provide feedback, and validate requirements with stakeholders.
• Participate in JAD sessions to elicit system requirements and support system development.
• Document functional, technical, and user interface requirements using system and data analysis.
• Perform data mapping and transformation between upstream and downstream applications.
• Understand and work with APIs and JSON request/response structures.
• Apply Scaled Agile practices, including backlog management, story estimation, prioritization, and participation in Scrum ceremonies.
• Use tools like Jira and Confluence for advanced requirement management and collaboration.

Work Model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring two days a week in a client or Cognizant office. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.

What You Must Have to Be Considered

• 3–5 years of experience as a Business Analyst, specifically in group life insurance or group insurance.
• Strong analytical and investigation skills to translate high-level requirements into detailed specifications.
• Experience with data mapping, transformation, and integration between applications.
• Understanding of APIs, JSON structures, and system logic.
• Hands-on experience with Scaled Agile methodology, Jira, and Confluence.
• Intermediate knowledge of group life insurance products and LOMA or similar certifications.

These Will Help You Succeed

• Knowledge of cloud technologies (Azure, AWS).
• Experience integrating vendor products in group life insurance.
• Exposure to legacy modernization and transformation programs.

Compensation

This position is eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant’s applicable plans.

Benefits

• Medical, dental, vision, and life insurance
• 401(k) plan and contributions
• Employee stock purchase plan
• Employee assistance program
• 10 paid holidays plus PTO
• Paid parental leave and fertility assistance
• Learning and development certifications and programs