Business Analyst/ SME in Life Insurance

Shashwath Solution; Dadri; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Shashwath Solution in India is seeking an experienced Business Analyst/SME in Life Insurance to work on policy administration, underwriting, and claims systems. You will evaluate rating engines and pricing models, and translate actuarial insights into practical business requirements.

The role involves collaborating with IT and business teams, documenting processes in Visio and Confluence, and supporting digital transformation initiatives.

Qualifications

• 5+ years of experience as a Business Analyst/SME in Life Insurance.
• Hands-on experience with core life insurance platforms (policy admin, underwriting or claims).
• Strong understanding of rating engines, pricing models and underwriting rules.

Responsibilities

• Analyze actuarial pricing models and translate into business requirements.
• Collaborate with business and IT teams for digital transformation initiatives.
• Document processes and requirements using Visio, Confluence and JIRA.

Skills

Business Analyst

SME

Life Insurance

policy administration

underwriting systems

claims systems

rating engines

pricing models

underwriting rules

term life

whole life

pricing system integration

rules engine configuration

actuarial pricing models

Visio

Confluence

JIRA

Excel

analytical skills

problem-solving

communication

digital transformation

Neutrinos

Low-Code

No-Code

automation tools

NAIC

IFRS 17

GAAP

APIs

digital insurance

pricing model integration

Tools

Visio

Confluence

JIRA

Excel

Job description

Qualifications & Skills: Industry Experience:
5+ years of experience as a Business Analyst/SME in Life Insurance.
Hands-on experience with core life insurance platforms (policy administration, underwriting, or claims systems). Strong understanding of rating engines, pricing models, and underwriting rules.
Experience with term life and whole life insurance products.
Technical & Analytical Skills:
Background in pricing system integration and rules engine configuration.
Ability to analyze actuarial pricing models and translate them into business requirements.
Proficiency in documentation tools such as Visio, Confluence, JIRA, and Excel.
Business & Communication Skills: Strong analytical and problem-solving skills.
Excellent communication skills for effective collaboration with business and IT teams.
Ability to work independently and drive digital transformation initiatives.

Preferred Qualifications:
Experience with Neutrinos, Low-Code/No-Code platforms, or automation tools.
Knowledge of regulatory frameworks (e.g., NAIC, IFRS 17, or GAAP for Life Insurance).
Exposure to APIs, digital insurance ecosystems, and pricing model integration

Skills : - Business Analyst, SME, Life Insurance, policy administration, underwriting systems, claims systems, rating engines, pricing models, underwriting rules, term life insurance, whole life insurance, pricing system integration, rules engine configuration, actuarial pricing models, business requirements, Visio, Confluence, JIRA, Excel, analytical skills, problem-solving, communication skills, business collaboration, IT collaboration, digital transformation, Neutrinos, Low-Code, No-Code, automation tools, regulatory frameworks, NAIC, IFRS 17, GAAP, APIs, digital insurance ecosystems, pricing model integration.