Senior Business Analyst II

LexisNexis Risk Solutions; Chennai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

LexisNexis Risk Solutions in Chennai is seeking a Senior Business Analyst II to collaborate with Insurance IT teams. You will gather and analyze business processes, define current state requirements, and document functional specifications to improve delivery and data-driven decisions.

You will bridge Product, Architecture and development, and participate in SDLC governance and India-based release activities to support business hours.

Qualifications

• Proven ability to gather and analyze business requirements for IT solutions.
• Experience in creating dashboards/reports to support data-driven decisions in insurance.
• Proficiency in data modeling, UML, and data flows for complex processes.
• Strong communication across all organizational levels and with distributed teams.

Responsibilities

• Partner with one or more Business Units to deliver ITS solutions and services.
• Gather, analyze, and document current processes and requirements; define future state and functional specs.
• Bridge Product and Architecture teams with technical teams in India; support SDLC and release management.
• Lead change impact assessments and ensure delivery against definition of done.

Skills

Excellent communication

BI & reporting tools

Data querying languages

UML

Data modeling

Requirements gathering

Stakeholder management

Education

Insurance Domain experience

Tools

Dashboard tools

Data modeling tools

Job description

Do you enjoy documenting business process?

Would you like to contribute to our product solutions?

About the Business

LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our insurance vertical, we provide customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle, all while reducing risk. You can learn more about LexisNexis Risk at https://risk.lexisnexis.com/insurance .

About the Team

You’ll join a collaborative engineering team building scalable, high-quality software solutions across backend, frontend, and cloud. The team works closely with cross-functional partners, values knowledge sharing and continuous learning, and encourages everyone to contribute ideas and improvements while balancing technical excellence with delivery.

About the Role

The Senior Business Analyst II is a senior-level position that will work with one or more Business Units, supporting multiple complex assigned projects aimed at delivering IT solutions and services that meet company cost, quality, and strategic targets. The role will predominately focus on gathering and analyzing work group data, defining current processes and requirements, researching best practices, and identifying and documenting process improvements and functional specifications. The objective of this role is to build and retain in-house functional expertise for our MVR insurance product within ITTC. This resource will serve as a liaison between the Product and Architecture teams and our technical teams in India, helping to bridge knowledge gaps and improve delivery effectiveness. In addition, the individual will be trained in Release Management activities so that we can provide release support from India during our business hours.

Responsibilities

Planning

• Builds up good working relationships with senior stakeholders, knows who to involve, when and why
  Develops a trusted advisor relationship with stakeholders through effective communication, and efficient quality execution on projects.
• Identifies return on investment, detailed tangible / intangible benefits, direct / indirect benefits, to support the argument to deliver or not deliver a change.
• Leads and supports peers in the creation of change impact assessments for small deliveries across single or multiple teams and is an advocate for change.
• Supports initial scope and objectives discussions, ensuring scope creep does not occur during delivery

Ideation and Framing

• Reacts to stakeholder decisions / options and guides them through the impacts
• Communicates effectively with senior business stakeholders and delivery teams
• Leads workshops and ensures objectives are achieved
• Supports both technical and business discussions within a team

Lifecycle Management

• Resolves conflicting priorities across stakeholder groups.
• Actively participates in self-assessment processes re implementation and adherence with SDLC and able to articulate areas for team improvement.
• Facilitates retrospectives ensuring lessons are learned.
• Generates an analysis definition of done for all deliveries.
• Supports junior roles on delivering to the definition of done.
• Supports the Project Manager by taking ownership of the analytical delivery, driving to conclusion.
• Define metrics and measures to evaluate process performance and benefits of improvements.

Vision Strategy and Principles

• Articulates how an organization can act on or transform a product to help achieve a business objective.
• Identifies new areas of business capability and suggests technology improvements to aid support.
• Ensures each technology delivery has strategic alignment.

Requirements, Analysis and Design

• Incorporates user interface and user experience design standards within requirements.
• Conducts change management assessments.
• Compiles functional requirements for increasingly complex solutions.
• Effectively articulates the flow of data to aid business discussions and / or the articulation of requirements.
• Collaborates on solution design, including prototyping and proof-of-concept development.
• Assists with solution design and implementation, in support of business requirements and customer perspectives.
• Takes lead from key technology teams (e.g. security) guidance regarding which aspects of application need to be improved / maintained within the solution.

Solution Evaluation

• Identifies the value being delivered across a solution (as-is) using both subjective and objective assessment techniques.
• Identifies the limitations of the solution which may be preventing value from being achieved.

Requirements

• Possess extensive experience as an IT business analystwithin Insurance Domain (Must Have) having advanced proficiency in conceptual data modeling, UML, data flows, analysis, and processing.
• Uses business intelligence and reporting tools to create dashboards and reports to support data-driven decision making within an organization.
• Analyses and interprets a variety of datasets using data querying languages in support of a business need, business decision or system enhancement, validates deployments across non-prod and prod environments, ensuring success.
• Produces low and high-fidelity user interface diagrams and creates test cases, test scripts, and test plans to ensure successful validation of multiple development items and/or business workflows.
• Have excellent communication skills that allow for effective communication across all levels of the organization
• Careful handling of customer and commercial data in line with access controls and approved processes.
• Strong written and verbal communication skills, with the ability to explain technical findings in practical business terms.
• A structured approach to competing priorities, time-sensitive work, and collaboration across distributed teams.

Our Commitment to Inclusion

We welcome applications from individuals of all backgrounds, including underrepresented groups, people with disabilities, career changers, and candidates with non-traditional education or experience. If you require accommodations at any stage of the recruitment process, please let us know. We are committed to supporting your success.

We know your well-being and happiness are key to a long and successful career. We are delighted to offer country specific benefits.

We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form or please contact 1-855-833-5120.

We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.