Business Analyst - Insurance

Posted 9 Hours Ago
Be an Early Applicant
Hiring Remotely in India
Remote
Senior level
Information Technology • Consulting
The Role
Gather and manage business and functional requirements for P&C and specialty insurance lines. Produce BRDs, user stories, process models, and data artefacts. Partner with architects on system design and API integration across policy, claims, billing, and reinsurance. Lead workshops and sprint ceremonies, manage change requests and backlog, support UAT and defect triage, and ensure business alignment through the SDLC.
Summary Generated by Built In
Responsibilities- Elicit, document, and manage business and functional requirements across commercial lines (property, casualty, liability) and specialty risks (marine, D&O, cyber). Produce high-quality artefacts — BRDs, user stories, process maps, data dictionaries, and traceability matrices — that bridge business intent and IT delivery. Model current and future-state business processes using standard notations, identifying gaps and improvement opportunities. Partner with solution architects on system design, API integration points, and data flow across policy, claims, billing, and reinsurance systems. Lead workshops, JAD sessions, and sprint ceremonies to align stakeholders and drive decisions. Manage change requests, conduct impact assessments, and maintain the requirements backlog through the full SDLC. Support UAT planning, defect triage, and sign-off — acting as the voice of the business throughout testing. Stay current on insurance regulatory developments and emerging technology trends (AI/ML underwriting, open APIs, cloud migration). Must-haves 8 to 10 years as a BA in insurance IT Solid working knowledge of P&C insurance lifecycle — policy, claims, billing, reinsurance Hands-on with tools like Visio, Lucidchart, or equivalent Proficiency with JIRA, Confluence, or comparable ALM tooling Experience in Agile/Scrum and waterfall delivery environments Strong stakeholder management and communication skills Nice-to-haves Exposure to specialty lines (cyber, marine, D&O, professional indemnity) Familiarity with core systems: Guidewire, Duck Creek, Majesco, or similar Understanding of insurance data standards (ACORD, CSIO) API literacy — ability to read REST/OpenAPI specs CBAP, PMI-PBA, or equivalent BA certification Experience on cloud migration or modernisation programmes

Skills Required

  • 8 to 10 years as a Business Analyst in insurance IT
  • Solid working knowledge of P&C insurance lifecycle (policy, claims, billing, reinsurance)
  • Hands-on with diagramming tools (Visio, Lucidchart, or equivalent)
  • Proficiency with ALM tooling (JIRA, Confluence, or comparable)
  • Experience in Agile/Scrum and waterfall delivery environments
  • Strong stakeholder management and communication skills
  • Exposure to specialty lines (cyber, marine, D&O, professional indemnity)
  • Familiarity with core insurance systems (Guidewire, Duck Creek, Majesco, or similar)
  • Understanding of insurance data standards (ACORD, CSIO)
  • API literacy; ability to read REST/OpenAPI specifications
  • CBAP, PMI-PBA, or equivalent BA certification
  • Experience on cloud migration or modernisation programmes

Hexaware Technologies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Hexaware Technologies and has not been reviewed or approved by Hexaware Technologies.

  • Healthcare Strength Feedback suggests health insurance is a standout element, often described as strong and comparable or better than many employers. Medical coverage and related protections are repeatedly highlighted as reliable pillars of the package.
  • Parental & Family Support Parental leave options, including extended paid leave in some locations, are offered and seen as valuable for family needs. Feedback suggests these policies complement core medical coverage for a more complete family safety net.
  • Wellbeing & Lifestyle Benefits Wellbeing resources such as an Employee Assistance Program, wellness initiatives, on-site gyms, and engagement activities provide lifestyle support. These offerings are reinforced by flexible work options and shift-related extras where applicable.

Hexaware Technologies Insights

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The Company
HQ: Navi Mumbai, Maharashtra
27,000 Employees
Year Founded: 1990

What We Do

At Hexaware, we're not just a global technology and business process services company; we're a community of 27,000 Hexawarians dedicated to one singular purpose: creating smiles through the power of great people and technology. With a presence in 40+ offices across 19 countries, we empower enterprises worldwide to embark on their digital transformation journey with unparalleled scale and speed. As an employer, we're more than just a workplace. We put our people first, foster diversity and inclusivity, and prioritize their growth through robust learning and development programs. Our culture is a canvas for innovation as we work toward our shared vision of becoming the world’s most loved digital transformation partner. Exciting, isn’t it? Visit www.hexaware.com to join us in embracing the magic of technology, as we passionately advocate for its potential to transform lives today and shape a brighter future. Together, we'll make the digital world a better place.

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