Life Insurance Business Analyst 10103

Positions:2 Full Time

Experience

7 - 10 Years

Senior Associate / Associate Manager Business Analyst (Insurance)

About the Role

You will leverage your deep insurance expertise combined with modern AI-assisted analysis tools to drive successful digital transformation initiatives.

• 7 to 10 years of overall Business Analysis experience
• 6+ years of strong hands-on experience in Life Insurance domain, including expertise in:
• Agent lifecycle (onboarding, hierarchy, commissions, incentives)
• Policy administration (New Business, Endorsements, Renewals, Servicing)
• Home Office operations
• Underwriting processes (manual & automated, risk rules, decision workflows)

Domain Expertise Required

You must demonstrate comprehensive knowledge of Life Insurance business operations, including:

• Agent lifecycle management and compensation structures
• Policy administration workflows and processes
• Home Office operational frameworks
• Underwriting processes”both manual and automated systems
• Risk assessment rules and decision-making workflows
• Regulatory, compliance, and operational impacts specific to Life Insurance

Key Responsibilities

• Interact with client business users and stakeholders to gather, analyze, and document comprehensive business requirements
• Conduct requirement workshops, stakeholder meetings, and walkthrough sessions to ensure complete understanding
• Create and maintain detailed documentation including:
• Business Requirement Documents (BRD)
• Functional Requirement Documents (FRD)
• User Stories with clear Acceptance Criteria

• Leverage AI tools such as Microsoft Copilot and Claude for:
• Requirement analysis and intelligent structuring
• Accelerated BRD and user story creation
• Requirement validation and gap analysis

• Translate business requirements into clear, implementable user stories aligned with Agile best practices
• Perform backlog refinement and ensure all stories meet the Definition of Ready (DoR)
• Prioritize user stories based on business value, dependencies, and release goals
• Actively support Sprint Planning, Refinement, SIT, and UAT phases

• Provide continuous clarification on domain rules, workflows, and business functionality to Development and QA teams
• Resolve all functional, business, and domain-related queries from Dev and QA teams promptly
• Act as a bridge between business stakeholders and technical teams to ensure successful delivery

• Own and manage requirement traceability from inception through delivery
• Ensure the Definition of Done (DoD) is met for each user story, including:
• Functional completeness
• Acceptance criteria validation
• Business rules compliance
• Required documentation updates
• Obtain formal sign-off from business stakeholders upon meeting DoD
• Support UAT execution, defect triage, and business validation

• Identify gaps, risks, and dependencies in business processes and proposed solutions
• Communicate risks and mitigation strategies to stakeholders and technical teams

• Life Insurance Domain Knowledge: Deep expertise in Agent, Policy, Home Office, and Underwriting processes
• Agile & Scrum Proficiency: Excellent experience in Agile/Scrum delivery models and best practices
• Requirements Management: Expertise in requirement gathering, documentation, and user story creation
• Analytical Skills: Strong analytical, problem-solving, and decision-making abilities
• AI-Assisted Analysis: Hands-on exposure to AI-assisted Business Analysis practices and tools
• Communication: Excellent verbal and written communication with strong stakeholder management abilities
• Multitasking: Ability to work independently and manage multiple priorities in parallel
• Technical Acumen: Ability to understand technical constraints and work collaboratively with development teams

• Experience working on Policy Administration Systems (PAS)
• Exposure to digital insurance transformation or modernization programs
• Familiarity with regulatory and compliance-driven requirements in insurance

What We're Looking For

You must be a strong communicator who can influence stakeholders at all levels and drive consensus across diverse teams.

• Work on transformative digital insurance solutions
• Leverage cutting-edge AI tools to enhance your analytical capabilities
• Collaborate with talented cross-functional teams in a dynamic Agile environment
• Make a meaningful impact on insurance operations and customer experiences
• Grow your career with opportunities to lead and mentor junior analysts

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