Senior Associate, Business Analyst

Reposted Yesterday
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Hyderabad, Telangana
In-Office
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
MassMutual is leading the financial services industry in digital enablement
The Role
The Business Analyst coordinates planning and develops business analysis for projects. Responsibilities include documentation, process improvement, and stakeholder collaboration.
Summary Generated by Built In

Who We Are – MassMutual India
Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We’re people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals.  Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business.  We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
Together, we’re stronger.

Job Description

The Operations Project Management Office (OPMO) is seeking an experienced Business Analyst. In this highly visible role, you will report to the Head of Operations PMO (OPMO) and support projects led or supported from the Operations organization.  You will be responsible for coordinating, planning, and developing business analysis and requirements documentation that support our moderate to large-scale business projects, as well as readiness initiatives. This role requires extensive collaboration and communication across multiple business units within Operations and outside of Operations (technology teams, suppliers, procurement).

The OPMO oversees the execution of initiatives across Operations (Protection NB & UW, Policy Holder Services / Annuity NB, Strategy & Transformation, Shared Services & Enablement and Expense, Analytics & Governance).  Our team partners closely with Distribution, Product and Legal/Compliance to deliver value through project implementation.  We leverage standards put in place by the Corporate Function PMO (CFPMO) to drive consistency across our portfolio.   The team is focused on driving and aligning critical programs and projects across our operations organization, creating more visibility into this work, while enabling better prioritization, collaboration, and execution.   We strive for continuous improvement and best-in-class service to our clients.

  • Formulate and define business and/or systems scope and objectives based on both user needs and a good understanding of applicable industry requirements
  • Devise or modify procedures to solve complex problems considering business and/or system limitations, operating time, and form of desired results
  • Provide analysis of business and user needs, documentation of requirements, and translation into proper business and/or system requirements
  • Guide and advise less experienced Business Analysts.
  • Competent to work at the highest technical level of most phases of business and/or systems analysis while considering the business implications of the application of technology to the current and future business environment
  • Accountable to drive escalation analysis and resolution on complex issues
  • Ability to communicate difficult decisions timely, clearly, and accurately with internal and external colleagues
  • Develop recommendations by applying critical thinking to conduct analysis and weigh risk
  • Lead initiatives supporting business strategy and process improvement
  • Identify gaps in processes/procedures and make recommendations for improvement
  • Develop a strong network of resources/business partners across the organization and our vendor partners
  • Facilitate and organize meetings with key stakeholders and business partners
  • Lead analysis of impacts to the business (impact analysis)
  • Development of business process models, process outlines, procedures and job aides to help ready the Business
  • Perform requirement management planning for medium to large scale projects
  • Leads business analysis across multiple parallel initiatives
  • Gathering and documentation of functional and non-functional requirements
  • Clear and concise written and verbal communications
  • Strong facilitator to drive requirements gathering sessions
  • Collaborate with business and systems experts
  • Peer review of work product
  • May provide an oversight of overall quality of work product
  • Negotiate and influence requirements direction

Qualifications

  • Bachelor’s degree – Insurance management, Risk management, Actuarial Science, Finance, Accounting, Economics or related field.
  • Requires 8+ years of related experience.
  • Works with guidance on more complex projects
  • Capable of applying knowledge to handle all but the most complex problems independently
  • Anticipates change and directs or redirects efforts
  • Looks for and finds ways to improve operations while ensuring business value and outcomes
  • Open to Night Shifts (US Time zone)

Why Join Us?
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!

Top Skills

Business Analysis
Project Management

What the Team is Saying

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The Company
Hyderabad, Telangana
0 Employees
Year Founded: 2020

What We Do

With our world class Global Capability Centre (GCC) in the heart of Hyderabad, we at MassMutual are extending a nearly 170-year legacy of securing futures and protecting loved ones to Telangana, India in 2020. The Hyderabad GCC has been established to explore the global talent pool with an in-house team of experts in full-stack Development & Support, DevOps, Quality Assurance, Security & Cloud Engineering, Data Science and several other areas such as insurance, business, security, and operations.

Living Mutual has always been at the core of MassMutual’s purpose. Since 1851, MassMutual’s mutual way of life has been reflected in its various initiatives, be it Social Responsibility, Corporate Governance, or Diversity & Inclusion.

With the opening of our Hyderabad facility, you’ll not only get to work in our innovative, state-of-the-art Global Capability Centre, you’ll also be supported by colleagues in our global MassMutual community.

Spread across 73000+ square feet facility on the 7th floor of BSR IT SEZ, the Global Capability Center in Hyderabad can house more than 600 employees. Located at the heart of Financial District, the facility boasts of work class infrastructure and amenities, enabled by state-of-the-art technology and security systems. In-house gymnasium / aerobics center, yoga room, indoor games room, mothers’ / wellness room, 200+ seater cafeteria, high-rise & lounge seating are some of the amenities available for the employees. The SEZ facility will also provide common creche and eat-out restaurants in the building premises, once operational.

Join us now to collaborate with teams across the world on projects and initiatives that will contribute to the growth of MassMutual as a global financial services leader.

Why Work With Us

MassMutual is leading the financial services industry in digital enablement, and the new MassMutual
India Global Capability Center is a result of this effort. We are here to empower careers and help
people secure their futures through innovation and technology.

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MassMutual India Offices

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Hyderabad, Telangana

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