Lead Business Analyst

Reposted Yesterday
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Hiring Remotely in Navi Mumbai, Thane, Maharashtra, IND
In-Office or Remote
Junior
Insurance
The Role
Leads business analysis for customer software projects by gathering, analyzing, prioritizing, and documenting requirements. Partners with customers, development teams, and project stakeholders to define workflows, use cases, functional requirements, and process diagrams. Participates in Agile sprint planning, tracks development progress, supports strategic product planning, designs and executes test scenarios, manages change requests, and obtains customer sign-off. The role requires insurance or disability and absence management knowledge, strong analytical skills, and experience delivering projects in an IT environment.
Summary Generated by Built In

About Us

Majesco isn’t just riding the AI wave – we’re leading it for the P&C, L&AH, and Pension & Retirement markets. Born in the cloud and built with an AI-native vision, we’ve reimagined the insurance and pension core as an intelligent platform that enables insurers and pension & retirement providers to move faster, see farther and operate smarter. As leaders in intelligent SaaS solutions, we’ve embedded AI and Agentic AI throughout our robust product portfolio of core, underwriting, loss control, distribution, digital solutions, and pension & retirement administration so our customer can reimagine their business with real-time business insights, optimized operations, and enhanced business outcomes. Everything we build is designed to strip away complexity and let our clients focus on what matters: delivering exceptional products, experiences, and long-term financial security for policyholders and plan participants. 

In a world where change is constant, our native-cloud SaaS platform empowers insurers, MGAs, and pension & retirement providers with the agility to adapt to evolving risk, regulation, and market expectations, modernize operating models, and accelerate innovation at scale.  With 1400+ implementations and more than 375 customers worldwide, Majesco is the AI-native solution trusted to power the future of insurance and pension & retirement. Break free from the past and build the future of insurance

At Majesco, this means joining a team leading the insurance and retirement industry through the AI revolution.  You’ll collaborate with experienced leaders and global teams building and scaling AI-native solutions that solve complex, real-world challenges - where innovation moves from concept to production, decisions carry real weight, and execution matters. If you’re looking for a place where your expertise is trusted, your judgment is valued, and your work helps define what’s next for intelligent insurance and retirement technology, Majesco is where that work happens.

Job Summary

The Business Analyst is tasked with understanding a customer's business change needs, assessing the business impact of those changes, capturing, analyzing and documenting requirements and supporting the communication and delivery of requirements with relevant stakeholders and the development team. This role is a part of the Customer Engagement team and will contribute to the overall success of various customer projects.

To be successful in this role, you must be comfortable working directly with customer contacts to understand business needs and strategic objectives and create requirements, business process diagrams or use cases that can be used to deliver new or changes to software solutions. Business Systems Analysts must collaborate and partner effectively with the project team to manage risks, solve complex problems and create successful outcomes that ensure an industry leading customer experience.

Key Responsibilities

  • Collect and analyze the customer’s business requirements and document prior to transferring to 
    development team
  • Evaluate the data collected through task analysis, business process, surveys and workshops
  • Prioritize requirements with customers and track the developers progress during each Sprint
  • Participate in Sprint planning meetings to ensure customer needs are being addressed as necessary
  • Provide suggestions to the development team during the development stage of product to meet the 
    customer’s business needs
  • Communicate effectively with customers and internal teams to deliver product’s functional requirements 
    like screen, interface, and GUI designs
  • Document the acquired results of analysis and workflows as well as obtaining sign-off from the appropriate client
  • Become a partner with customers, assisting them with strategic planning regarding their product strategy
  • Design and execute test scripts and test scenarios
  • Manage any change requests related to the working project plans daily to meet the agreed deadlines

All About You

  • Bachelor’s degree in Business Administration, Computer Science, or any related field from an accredited 
    institution
  • Master’s degree in Business Administration is an added advantage
  • Successful project delivery using Object Oriented Analysis (OOA) or Domain Driven Design (DDD) technique
  • Experience and knowledge of Disability Claims Management or Absence Management
  • Advanced skills in Ms Word, Outlook, and Excel
  • Solid mathematical aptitude and effective project management skills
  • Ability to analyze and document complex business processes
  • Ability to make effective decisions under pressure
  • Ability to think analytically and should be a problem solver
  • Ability to gather and interpret relevant data and information
  • At least two years Business Analyst experience in an IT environment, preferably Agile

Nice to Have

  • Experience in Insurance industry
  • Good Communication Skills
  • Problem Solving
  • Good Team Player

Skills Required

  • Bachelor’s degree in Business Administration, Computer Science, or a related field from an accredited institution
  • Successful project delivery using Object-Oriented Analysis or Domain-Driven Design techniques
  • Experience and knowledge of Disability Claims Management or Absence Management
  • Advanced skills in Microsoft Word, Outlook, and Excel
  • Strong mathematical aptitude and effective project management skills
  • Ability to analyze and document complex business processes
  • Ability to make effective decisions under pressure
  • Analytical thinking and problem-solving ability
  • Ability to gather and interpret relevant data and information
  • At least two years of Business Analyst experience in an IT environment, preferably Agile
  • Master’s degree in Business Administration
  • Experience in the insurance industry
  • Good communication skills
  • Good team player

Majesco Compensation & Benefits Highlights

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

  • Leave & Time Off Breadth Flexible or unlimited PTO, paid holidays, and strong support for remote work are widely highlighted. Time-off policies feel generous and practical for work-life balance.
  • Healthcare Strength Health insurance is considered solid and comparable to larger tech firms, with a global EAP also emphasized. Core medical coverage appears to be a dependable part of the package.
  • Career-Linked Recognition & Rewards An employee recognition program and structured development paths (iLearn, CLIMB) are prominently featured. These elements add non-cash value alongside base pay.

Majesco Insights

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The Company
HQ: Morristown, NJ
1,876 Employees
Year Founded: 1982

What We Do

Majesco is the partner P&C and L&A insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what’s next, without losing sight of what’s important now. Over 350 insurers, reinsurers, brokers, MGAs, and greenfields/startups rely on Majesco’s SaaS platform solutions of core, digital, data & analytics, distribution, and a rich ecosystem of partners to create their next now. As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 900+ successful implementations we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute. For more information, please visit www.majesco.com.

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