VI
Insurance Expert Business Analyst
VARITE INDIA PRIVATE LIMITED
🇮🇳 India
On-site
Senior
10 months ago
- Agile
- Risk Management
- Regulatory Compliance
- Scrum
- Kanban
- SQL
- Power BI
- SOX
- IFRS
- GAAP
- PMI-ACP
10 months ago
About The Client:
Client is a pioneering Software Engineering and IT consultancy company, transforming and executing at the intersection of Domain and Technology to create digital leaders for our people, clients, partners, and communities.
About The Job:
- We are seeking an experienced Senior Business Analyst with a strong background in Insurance (Life, Health, or General) and proven expertise in Agile delivery frameworks.
- The ideal candidate will act as a bridge between business stakeholders and technical teams, ensuring that requirements are clearly understood, documented, and implemented effectively to ensure successful delivery of projects related to risk financing, claims management, and compliance.
Requirements Gathering & Analysis
- Collaborate with stakeholders to understand business objectives and translate them into functional requirements
- Analyze existing self-insurance processes and identify opportunities for optimization
- Prepare BRDs, FRDs, process flows, user stories, and use cases
- Collaborate with technical teams to ensure solutions align with business needs
Domain Expertise
- Provide subject matter expertise in insurance operations, including risk management, claims handling, and regulatory compliance
- Advise on best practices for self-insurance programs, captive insurance structures, and internal risk financing
Agile Delivery
- Work within Agile frameworks (Scrum/Kanban) to deliver iterative solutions
- Participate in daily stand-ups, sprint planning, backlog grooming, and retrospectives
- Ensure user stories are well-defined with clear acceptance criteria
Stakeholder Management
- Serve as the primary point of coordination between business stakeholders, IT teams, and external partners
- Conduct workshops and training sessions for end-users
Data Analysis & Reporting
- Analyze claims data, loss trends, and risk exposure
- Develop dashboards and reports for senior management
Qualifications :
- Experience: 8+ years as a Business Analyst, with at least 5 years in the insurance domain
- Domain Knowledge: Strong understanding of self-insurance, captive insurance, risk management
- frameworks, and regulatory requirements
- Agile Experience: Hands-on experience in Agile methodologies
- Technical Skills: Familiarity with insurance systems, SQL, Power BI, workflow automation
- oft Skills: Excellent communication, stakeholder management, and problem-solving abilities
- Education: Bachelor’s degree in Business, Finance, or related field (MBA preferred)
Preferred Qualifications:
- Â Experience with claims administration systems
- Knowledge of actuarial concepts and loss reserving
- Â Exposure to compliance standards (SOX, IFRS, GAAP)
- Agile certifications (CSM, SAFe, PMI-ACP)
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral:
| 0-2 years | INR 5,000 |
| 2-6 years | INR 7,500 |
| 6+ years | INR 10,000 |
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.
Insurance Expert Business Analyst · VARITE INDIA PRIVATE LIMITED