Senior Business Analyst/ Insurance Domain SME

Veracity Software Inc; New York (NY); On-site; USD 79,000 - 99,000; Full time

Job summary

A leading software consultancy in New York is looking for a skilled Senior Business Analyst with expertise in the life insurance and annuity sectors. The ideal candidate has 8 to 14 years of relevant experience and will be responsible for analyzing business processes, translating them into specifications, and ensuring effective project execution. This role offers a competitive salary and a stable work environment.

Qualifications

• 8 to 14 years of experience in the insurance domain.
• Strong communication skills for liaising with business users.
• Experience with policy administration and claims handling.

Responsibilities

• Analyze life insurance processes and translate them into functional specifications.
• Conduct gap analysis and impact assessments.
• Provide training and support to less experienced team members.

Skills

Life Insurance and Annuity domain knowledge

Functional testing knowledge

Problem-solving and analytical skills

Education

B.E

Tools

MySQL

Oracle

Job description

Senior Business Analyst/ Insurance Domain SME

Senior Business Analyst/ Insurance Domain SME

6 days ago Be among the first 25 applicants

Location: New York, USA - Onsite

Type: Long-Term Contract

Experience: 8 to 14 Years (Level 5/6)

Require a Senior Business Analyst with Annuity and Life Insurance domain knowledge at USA location with 8 to 14 years of experience (Level 5/6). Strong Business domain skills are essential. Seeking an experienced professional to join our team in the field of life insurance and annuities.

Functional Skills:

Business Analyst

• Primary Skills : Life Insurance and Annuity domain knowledge. Insurance domain SME with US based ANNUITY domain knowledge
• Secondary Skills : Functional testing knowledge, Functional test design. Insurance domain knowledge
• Analyze life insurance processes and translate them into functional specifications. Act as a liaison between business users and technical teams to ensure alignment. Conduct gap analysis, impact assessments, and support solution design. Participate in system testing, UAT support, and user training.
• Policy Administration: Develop and implement policies to ensure efficient and effective management of life insurance and annuity products.
• Claims Handling: Collaborate with clients to resolve claims in a timely and fair manner.
• Agent Compensation: Work with agents to establish compensation structures that incentivize sales and customer satisfaction.
• Consulting Engagements: Partner with clients on various consulting projects, providing expertise and guidance on life insurance administration.
• Application Enhancement Requirements: Define and prioritize requirements for application enhancements to improve the overall user experience.
• Automation: Explore opportunities for automation to streamline processes and increase efficiency.
• Training and Mentoring: Provide training and support to less experienced team members to ensure knowledge sharing and skill development.
• Automation frameworks and reporting tools.
• Writing, executing, monitoring and maintenance of automated test suites.
• CI/CD tools knowledge and Agile process
• Database- MySQL, Oracle
• Problem-solving and analytical skills; Strong programming skills
• : verbal, both one-on-one and with a group, and written
  
  

Qualification:

• B.E
  
  

Skills

PRIMARY COMPETENCY : Life Insurance and Annuity Platform (ALIP) PRIMARY SKILL : ALIP PRIMARY SKILL PERCENTAGE : 60 SECONDARY COMPETENCY : Domain knowledge SECONDARY SKILL : Insurance SECONDARY SKILL PERCENTAGE : 20 TERTIARY COMPETENCY : Insurance TERTIARY SKILL : Insurance-Transaction processing TERTIARY SKILL PERCENTAGE : 20

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  IT Services and IT Consulting

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