Functional Business Consultant

msg global solutions; Bengaluru; Hybrid; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health Insurance

Flexible Working

Training and Development

Team Events

Career Growth

Employee Referral Program

Job summary

msg global solutions is seeking a Business Analyst to drive SAP for reinsurance implementations across client projects. You will analyze reinsurance processes, design integrated SAP landscapes, and collaborate with stakeholders to ensure successful delivery.

The role requires strong English communication, domain knowledge in Reinsurance and P&C, and willingness to travel up to 80% of the time. You will work within a consulting and system integration environment focusing on insurance tech

Qualifications

• Excellent knowledge of Reinsurance and insurance business processes, particularly for P&C lines of business.
• Several years of experience in business consulting and package-based implementation projects.
• Strong understanding of integrated IT architectures and SAP implementation methodologies (e.g., ASAP).

Responsibilities

• Analyzing, specifying, testing, and documenting reinsurance business processes.
• Designing integrated and sustainable system landscapes.
• Participating in process flow analysis, redesign, and business process optimization.
• Designing transition maps, roadmaps, implementation, integration, and migration strategies.
• Providing functional consulting expertise to reinsurance clients.
• Defining best practices and evaluating third-party solution alternatives as part of functional design documents.
• Coordinating with business process owners and technical teams to design, customize, and implement SAP for reinsurance solutions.
• Supporting User Acceptance Testing (UAT).
• Participating in training, design, documentation, and delivery activities in alignment with the Project Manager.
• Contributing to internal projects as required.
• Traveling to client locations up to 80% of the time

Skills

Reinsurance knowledge

SAP

ASAP methodology

Client communication

Analytical thinking

Problem solving

Cross-functional collaboration

Tools

SAP

Job description

What We Do

msg global is a consulting and system integration company with a strong focus on the insurance and reinsurance industry. We support our clients in designing, transforming, and implementing integrated IT architectures across end‑to‑end business processes. With deep industry expertise, we deliver high‑quality SAP‑based solutions tailored to the specific requirements of insurance and reinsurance organizations.

What You Will Do

As a Business Analyst, you will collaborate closely with msg global project teams and customer stakeholders to deliver SAP for reinsurance implementations. Your responsibilities will include:

• Analyzing, specifying, testing, and documenting reinsurance business processes
• Designing integrated and sustainable system landscapes
• Participating in process flow analysis, redesign, and business process optimization
• Designing transition maps, roadmaps, implementation, integration, and migration strategies
• Providing functional consulting expertise to reinsurance clients
• Defining best practices and evaluating third‑party solution alternatives as part of functional design documents
• Coordinating with business process owners and technical teams to design, customize, and implement SAP for reinsurance solutions
• Supporting User Acceptance Testing (UAT)
• Participating in training, design, documentation, and delivery activities in alignment with the Project Manager
• Contributing to internal projects as required
• Traveling to client locations up to 80% of the time

What We Are Looking For

• Excellent knowledge of Reinsurance and insurance business processes, particularly for P&C lines of business
• Several years of experience in business consulting and package‑based implementation projects
• Strong understanding of integrated IT architectures and SAP implementation methodologies (e.g., ASAP)
• Ability to manage complex initiatives with minimal supervision
• Very strong analytical, conceptual, and problem‑solving skills
• A proactive mindset with a strong willingness to learn
• Flexibility and adaptability in a dynamic work environment
• Strong customer focus and a service‑oriented, self‑driven approach to work
• Excellent communication and presentation skills
• Excellent written and spoken English
• Experience working directly with clients, business stakeholders, and functional teams
• SAP for Insurance/Reinsurance knowledge is an added advantage

What We Offer

• A place where individuals are equally valued and where diversity and cultural differences are cherished.
• A global team of highly respected developers and industry experts where you can make a difference.
• Competitive salaries and a broad range of benefits, some of which are highlighted below.
• The opportunity to work on complex and challenging reinsurance transformation projects
• Exposure to global clients and collaboration with experienced international teams
• A key role in shaping business processes and IT architectures for leading reinsurance organizations
• A professional environment that values expertise, independence, and continuous learning
• Opportunities to contribute to both client projects and internal initiatives
• Career growth within a specialized reinsurance consulting organization

Benefits

• Health Insurance: We provide hospitalization and non-hospitalization benefits like annual medical screening and mental health assistance program for employees and their dependents.
• Employee Wellbeing: We provide various options for sport and recreation benefits.
• Job for Friends: Get your friends on board through our employee referral program, and we will reward you.
• Flexible Working: We offer flexible work schedules, including flexible start and end times as well as remote and/or hybrid work.
• Anniversary & Success Milestones: We celebrate your work anniversaries and success by rewarding your loyalty and dedication.
• Gift Vouchers: We share your happiness with you and provide vouchers for newborns, wedding, work anniversaries, annual and festival gifts.
• Team Events: We celebrate our success with team-building activities throughout the year.
• Training and Development: We provide a broad training portfolio for personal and professional growth, including unlimited access to course platform to all our employees.