Business System Analyst
- EXL
- 4 - 9 years
- Noida, Gurugram
- 1 month ago
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Job Description
Key Responsibilities:
- Analyze and understand P&C Insurance processes including underwriting, claims, pricing, and actuarial workflows, ensuring alignment with business goals and objectives.
- Collaborate closely with cross-functional teams, including product management, actuarial, operations, and IT, to gather business requirements and translate them into technical solutions.
- Conduct detailed analysis of business data, processes, and system functionality, providing recommendations to improve system efficiency, reduce costs, and enhance overall business performance.
- Manage and maintain pricing databases and data models, ensuring accuracy and completeness of all pricing-related data.
- Lead and support initiatives related to pricing model development, data integrations, and database design, including data quality checks and validation processes.
- Support the implementation of pricing systems and tools, ensuring seamless integration with other systems and alignment with business needs.
- Partner with client leadership to develop business strategies and process improvements, applying best practices and industry standards for insurance data management and technology solutions.
- Lead or support project management activities, including timeline management, stakeholder communication, and reporting on project progress.
- Manage stakeholder expectations, keeping all teams informed of key milestones and deliverables.
Key Requirements:
- Bachelors degree in business, Information Technology, Data Analytics, or a related field (Masters degree preferred).
- 5+ years of experience as a Business Systems Analyst or Actuarial processes,
- Strong knowledge of Property & Casualty (P&C) Insurance processes, specifically in underwriting, claims, pricing, and actuarial domains.
- Experience with pricing databases and data models, with a focus on pricing structure development and pricing optimization.
- In-depth understanding of data management and data governance concepts, including data validation, reconciliation, and error handling.
- Solid understanding of pricing tools and insurance software platforms (e.g., Guidewire, Duck Creek) and pricing tools.
- Experience in process mapping, creating business requirement documents (BRDs), and functional specification documents (FSDs).
- Excellent communication and interpersonal skills, with the ability to manage relationships across business units, IT, and external stakeholders.
- Proven leadership experience, with the ability to manage and mentor team members.
- Strong problem-solving skills, attention to detail, and ability to manage multiple projects simultaneously.
- Outstanding written and verbal communication skills, and presentation skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Can understand cross cultural differences and can work with clients across the globe
Preferred Qualifications:
- Certification in Business Analysis and Actuarial (CBAP, PMI-PBA, etc.) or other relevant industry certifications.
- Exposure to agile methodologies and experience in working with cross-functional teams in an Agile/Scrum environment.
Thank & regards,
Deepikaa Panchariya
Spes Manning Solutions LLP
https://www.linkedin.com/in/deepika-panchariya-b594101aa/
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Data Science & AnalyticsRole Category: Business Intelligence & AnalyticsRole: Business AnalystEmployement Type: Full timeContact Details:
Company: EXLLocation(s): Noida, Gurugram+ View Contact
Keyskills: Pyspark Property And Casualty Insurance Actuarial Python SQL Property And Casualty
Fraud Alert to job seekers!
₹ 20-35 Lacs P.A
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