Business Analyst

Cognizant; Chennai District, Bengaluru, Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Cognizant Consulting Insurance is hiring for a range of roles including Business Analyst, Consultant, Senior Consultant and Product Owner. Selection will be based on experience to fit the best role across Financial Services, Insurance and related domains.

Openings are PAN India with emphasis on strong BA skills, stakeholder management and ability to deliver domain-led consulting offerings in fast-paced environments.

Qualifications

• Strong business analysis skills: elicitation, documentation, stakeholder management.
• Experience in BRD, FSD, use cases, and user stories.
• Exposure to Insurance domain and UK/EMEA markets is desirable.
• Familiarity with Agile and Waterfall methodologies.

Job description

JOB DESCRIPTION

We have various roles in Cognizant Consulting Insurance ranging from Business Analyst, Consultants, Senior Consultants and Product Owner. Depending upon your experience and expertise, we will triage them accordingly for best fitment.

Consulting & Business Analysis Skills

• Ability to gather, analyze and document business and system requirements.
  Experience in creating requirements artifacts like BRD, FSD, use cases and user stories.
  Experience in leading or complementing teams in domain consulting assignments.
  Extensive experience in Agile and Waterfall methodologies.
  Ability to collaborate with business users to assess complexity and provide effort estimation.
  Demonstrated Business Analysis skills working on Financial Services and Insurance projects.
  Strong core Business Analysis skillset including requirements elicitation, stakeholder management, process analysis, and solution validation.
  Design thinking and ability to work in fast-paced and ambiguous situations.
  Strong Communication & Presentation Skills with a flair for writing documents and presenting to various audiences.

Insurance Domain Knowledge

• Experience in Financial Services domain is mandatory.
  Experience in Insurance Domain, preferably Life Insurance, Pensions, Annuities, Retirement, Group Insurance, or related areas.
  Good understanding of Life Insurance and Pensions business processes, products, and operations.
  Experience working with Insurance organizations and business stakeholders.
  Exposure to digital initiatives undertaken by insurers to improve customer experience, customer insights, channel performance, and process transformation.
  Knowledge of policy administration, retirement products, pension administration, underwriting, claims, or related insurance operations will be an advantage.
  Good understanding of UK/EMEA Life & Pensions markets, pension regulations, retirement products, and transformation initiatives is desirable.
  Demonstration of Thought Leadership in a particular area of insurance domain.
  Ability to contribute and lead creation of domain-led consulting offerings.

Soft Skills

• Ability to work in fast-paced and ambiguous situations.
  Strong Communication & Presentation Skills with a flair for writing documents and presenting to various audiences.
  Displays a high level of personal maturity and ability to perform in an unstructured, ambiguous environment.
  Ability to advance and shoulder greater responsibilities.
  Ability and willingness to proactively accept and drive change.
  Ability to lead, motivate, and influence others to accomplish objectives.
  Leadership experience in client-facing situations.
  Displayed leadership or initiative in work or personal settings.
  Ability to groom team members for higher responsibilities.

Qualification

• Bachelors and Masters
  Preferable tertiary qualification in IT, Finance, Insurance, or related disciplines.
  Insurance industry certifications (LOMA, CII, PMI, etc.) will be an added advantage.
  Exposure to InsurTech, Data Science, and Digital Insurance platforms preferred.
  UK Pension or Life Insurance certifications and experience will be an added advantage.

Experience

• 5 to 13 years of experience in Financial Services and Insurance domain.
  Mandatory experience in Core Business Analysis roles.
  Strong preference for candidates with Life Insurance and/or Pensions experience.
  Experience in UK/EMEA Life & Pensions projects is desirable.

Key Skills

• Business Analysis
  Requirements Gathering & Documentation
  BRD, FSD, User Stories & Use Cases
  Stakeholder Management
  Financial Services Domain
  Life Insurance
  Pensions / Retirement Services
  UK/EMEA Life & Pensions
  Agile & Waterfall Methodologies
  Process Mapping & Gap Analysis
  Communication & Facilitation Skills
  Problem Solving & Analytical Thinking
  Consulting & Client Management

Experience Range: 6 to 15 Years
Role: Senior Consultant / Consulting Manager/ Senior consulting manager
Domain: Financial Services, Life Insurance & Pensions
Location: PAN India