Sr. Business Analyst

Fulcrum Digital; Pune District; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Fulcrum Digital is seeking a senior Business Analyst with 10+ years in insurance P&C to analyze forms, compute premiums, and ensure regulatory alignment. You will map complex forms, define workflows, and document business needs for stakeholders.

Experience with rating tables, rating algorithms, and strong Excel skills are essential. Familiarity with underwriting or actuarial teams is a plus, with PAS exposure valued.

Qualifications

• 10+ years as a Business Analyst with insurance P&C domain focus.
• Strong analytical skills and problem-solving ability.
• Proven expertise in rating calculations and premium computations.

Responsibilities

• Analyze incoming tickets and requests related to insurance forms and capture business needs.
• Perform forms mapping to align with regulatory requirements.
• Collaborate with stakeholders to document form workflows and compliance.
• Ensure forms adhere to industry standards and regulatory guidelines.
• Prioritize multiple tickets and provide status updates to stakeholders.

Skills

Rating calculations

Analytical skills

Excel proficiency

Regulatory understanding

Communication skills

Tools

Excel

Job description

Fulcrum Digital is an agile and next-generation digital accelerating company providing digital transformation and technology services right from ideation to implementation. These services have applicability across a variety of industries, including banking & financial services, insurance, retail, higher education, food, healthcare, and manufacturing.
Role:

• Analyze incoming tickets and requests related to insurance forms, ensuring business needs are captured comprehensively.
  
• Perform forms mapping, ensuring that complex forms align with business and regulatory requirements.
  
• Collaborate with stakeholders to clarify and document business needs, form workflows, and compliance requirements.
  
• Ensure that forms adhere to insurance industry standards and align with legal and regulatory requirements.
  
• Manage and prioritize multiple tickets, providing status updates to relevant stakeholders.
  
• Provide documentation and support related to forms for business and operational teams.
  

Requirements

Required Skills and Experience:

Experience - 10 - 12 yrs

• 10+ years of experience as a Business Analyst, preferably within the insurance P&C domain with strong analytical skills.
  
• Proven expertise in rating calculations with the ability to compute premiums independently from scratch.
  
• Strong knowledge of rating circulars, rating tables, and rating algorithms.
  
• Excellent analytical and problem-solving abilities.
  
• Exceptional attention to detail and accuracy in manual computations.
  
• Proficient in working with Excel or similar tools for manual rating exercises.
  
• Strong communication skills, both verbal and written.
  

Preferred

• Exposure to PAS (Policy Administration Systems) is a plus.
  
• Experience working with underwriting or actuarial teams is advantageous.