Work Location- Remote- United States
US Hourly Range- $20-$24
https://www.exlservice.com/us-careers-and-benefits
Role Summary
The Junior Business Analyst supports Senior Analysts and Project Teams in gathering, documenting, and validating business requirements for LifePRO system implementations. This role focuses on learning insurance products, system functionality, and the project lifecycle while contributing to analysis and testing activities under guidance. Must be able to attend a two-week on-site Training Workshop at the Indianapolis Office.
ResponsibilitiesKey Responsibilities
- Assist in documenting business and product requirements based on client needs.
- Support test case creation and execution for Quality Assurance activities.
- Participate in system testing and validation of changes.
- Help reproduce reported issues to support debugging and resolution.
- Assist with proof-of-concept activities to understand system capabilities.
- Participate in client meetings as a supporting team member.
- Learn actuarial and insurance concepts relevant to supported products.
- Support internal documentation, projects, and sales initiatives as assigned.
Experience & Skills
- 0–3 years of relevant experience.
- Bachelor’s degree or equivalent experience.
- Foundational understanding of insurance or financial services concepts.
- Strong communication skills and willingness to learn.
Scope & Impact
- Works under supervision.
- Contributes to defined tasks.
Basic Qualifications
- Bachelor’s degree from an accredited college or university in business, mathematics, statistics, actuarial science, information systems, or a related field, or equivalent relevant work experience.
- Exposure to requirements documentation, testing, or system implementation activities.
- Basic understanding of insurance or financial services concepts.
- Strong written and verbal communication skills.
- Willingness to learn technical systems and actuarial terminology.
Preferred Qualifications
- Internship or early career experience in the insurance or financial services industry.
- Familiarity with business requirement documents, functional specifications, or test case documentation.
- Exposure to Quality Assurance or User Acceptance Testing.
- Coursework or progress toward actuarial exams is a plus but not required.
- Experience working on small to medium‑sized projects as part of a team.
- Ability to learn actuarial terminology and apply basic actuarial concepts with guidance.
- Interest in developing consulting, presentation, and client‑facing skills.
The posted range is the hiring range for this role — a subset of the broader range available to employees over time — and reflects base salary across our national hiring scale. Final offers are based on several factors, including the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position. The top of the range is reserved for candidates who notably exceed the requirements; the lower end applies to those with less experience or fewer preferred qualifications. For positions based in higher-cost zones (e.g., California, New York, New Jersey), actual compensation may exceed the posted range; your recruiter will share specifics during the process.Graduate in any stream from a Reputed University 6 - 12 months experience in P&C Insurance - Property claims / Recoveries / Subrogation/ Claim adjudication
About UsSkills Required
- 0-3 years of relevant experience
- Bachelor's degree in business, mathematics, statistics, actuarial science, information systems, or related field, or equivalent experience
- Exposure to requirements documentation, testing, or system implementation activities
- Basic understanding of insurance or financial services concepts
- Strong written and verbal communication skills
- Willingness to learn technical systems and actuarial terminology
- Ability to attend a two-week on-site Training Workshop at the Indianapolis Office
- Internship or early career experience in the insurance or financial services industry
- Familiarity with business requirement documents, functional specifications, or test case documentation
- Exposure to Quality Assurance or User Acceptance Testing
- Coursework or progress toward actuarial exams
- Experience working on small to medium-sized projects as part of a team
- Interest in developing consulting, presentation, and client-facing skills
What We Do
Choosing a digital partner is about more than capabilities — it’s about collaboration and character. Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments. At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations. Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale. Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact. We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition. At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward. For more information, visit www.exlservice.com.
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