Business Analyst

NexTurn; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

NexTurn is seeking a seasoned Business Analyst with strong expertise in US Supplemental Health Insurance, Worksite Insurance, and voluntary benefits. The role centers on eliciting requirements, writing user stories, and aligning business objectives with technical delivery in an insurance/financial services context.

You will collaborate with product, architecture, and QA teams, drive process improvements, and ensure regulatory compliance.

Qualifications

• Knowledge of Worksite Insurance, Voluntary Benefits, or Employee Benefits Insurance.
• Experience with US Supplemental Health Insurance domain.
• Strong skills in business analysis, requirements management, and Agile/Scrum.
• Ability to translate business needs into user stories and acceptance criteria.
• Experience in data analysis, process modeling, and data mapping.
• Familiarity with Jira, Confluence, and MS Office.
• Stakeholder management and facilitation experience.
• Wealth management domain knowledge is a plus.

Responsibilities

• Elicit, analyze, and document business requirements through stakeholder interviews, workshops, and discovery sessions.
• Translate complex business needs into 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.

Skills

Worksite Insurance

US Supplemental Health Insurance

Business Analysis

Requirements Management

Agile/Scrum

User Story Writing

Backlog Management

Process Modeling

Data Analysis/Mapping

SQL

Reporting Tools

APIs

UAT

Stakeholder Management

Facilitation

Jira

Confluence

Microsoft Office

Wealth Management domain knowledge

Education

Bachelor's degree

Master's degree

Tools

Jira

Confluence

EIS

Duck Creek

Majesco

Guidewire

wMA

Job description

• 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.