Senior Insurance Business Analyst

Placements24; Randburg; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Hybrid working model

Comprehensive medical aid and pension

Professional development and certs

Annual leave

Job summary

Placements24 is seeking a Senior Insurance Business Analyst in Randburg, Gauteng. The role bridges business needs with technology, analyzing insurance processes and defining requirements for new systems.

You will collaborate with IT and business teams to ensure successful implementation and value delivery. The candidate should have deep insurance knowledge, strong analytical and communication skills, and experience with UML, BPMN, and both Agile and Waterfall methods.

Qualifications

• Bachelor's degree in Business Administration, Information Technology, Finance, or a related field.
• Minimum of 5 years of experience as a Business Analyst, with a significant focus on the insurance industry.
• Proven experience in requirements gathering, process modeling, and solution design.
• Strong understanding of insurance products, operations, and value chains.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in business analysis tools and techniques (e.g., UML, BPMN).
• Experience with Agile and Waterfall methodologies.
• Strong communication, facilitation, and interpersonal skills.
• Ability to work effectively with cross-functional teams.

Responsibilities

• Elicit, analyze, document, and validate business requirements for insurance systems and processes.
• Translate business needs into functional and technical specifications for IT development teams.
• Facilitate workshops and meetings with stakeholders to gather requirements and validate solutions.
• Analyze existing business processes, identify inefficiencies, and propose improvements.
• Develop process flows, use cases, and user stories to clearly define requirements.
• Collaborate with project managers, developers, testers, and end-users throughout the project lifecycle.
• Assist in the design and testing of new system functionalities and user acceptance testing (UAT).
• Provide support during the implementation phase and post-implementation review.
• Contribute to the development of training materials and user documentation.
• Stay updated on insurance industry trends and best practices in business analysis.

Skills

Analytical thinking

Communication

Problem solving

Stakeholder management

Education

Bachelor's degree in related field

Tools

UML

BPMN

Agile

Job description

About the Role

Our client, a prominent insurance company, is seeking a highly skilled Senior Insurance Business Analyst to enhance their operational efficiency and strategic initiatives in Randburg, Gauteng . This role is crucial for bridging the gap between business needs and technology solutions. You will be responsible for analyzing business processes, identifying areas for improvement, defining requirements for new systems or enhancements, and ensuring successful implementation. The ideal candidate will possess a strong understanding of the insurance lifecycle, excellent analytical skills, and the ability to communicate effectively with both technical teams and business stakeholders. This hybrid role offers a blend of office-based collaboration and remote flexibility in the bustling hub of Gauteng .

Key Responsibilities

• Elicit, analyze, document, and validate business requirements for insurance systems and processes.
• Translate business needs into functional and technical specifications for IT development teams.
• Facilitate workshops and meetings with stakeholders to gather requirements and validate solutions.
• Analyze existing business processes, identify inefficiencies, and propose improvements.
• Develop process flows, use cases, and user stories to clearly define requirements.
• Collaborate with project managers, developers, testers, and end-users throughout the project lifecycle.
• Assist in the design and testing of new system functionalities and user acceptance testing (UAT).
• Provide support during the implementation phase and post-implementation review.
• Contribute to the development of training materials and user documentation.
• Stay updated on insurance industry trends and best practices in business analysis.

Requirements

• Bachelor's degree in Business Administration, Information Technology, Finance, or a related field.
• Minimum of 5 years of experience as a Business Analyst, with a significant focus on the insurance industry.
• Proven experience in requirements gathering, process modeling, and solution design.
• Strong understanding of insurance products, operations, and value chains.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in business analysis tools and techniques (e.g., UML, BPMN).
• Experience with Agile and Waterfall methodologies.
• Strong communication, facilitation, and interpersonal skills.
• Ability to work effectively with cross-functional teams.
• Familiarity with core insurance systems is a plus.
• Ability to work a hybrid schedule in our Randburg, Gauteng office.

Benefits

• Competitive annual salary of .
• Hybrid working model offering flexibility and work-life balance.
• Comprehensive medical aid and retirement benefits.
• Opportunities for professional development and certifications.
• Engaging work on impactful projects within the insurance domain.
• A collaborative and dynamic work environment in Randburg .
• Generous annual leave allowance.