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Life Insurance Business Analyst 10103

Cephas Consultancy Services Private Limited

ChennaiFull-timeMid LevelOn-site

Job Description

Positions:2 Full Time Experience 7 - 10 Years Senior Associate / Associate Manager Business Analyst (Insurance) About the Role We are seeking an experienced and domain-expert Senior Associate / Associate Manager Business Analyst to join our Insurance division. This is a critical role that bridges business stakeholders and technical teams to deliver high-quality solutions in the Life Insurance domain. You will leverage your deep insurance expertise combined with modern AI-assisted analysis tools to drive successful digital transformation initiatives.

Experience Required 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 Requirements Gathering & Documentation 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 AI-Assisted Analysis & Optimization 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 Agile Delivery & Backlog Management 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 Stakeholder Engagement & Support 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 Quality Assurance & Delivery Management 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 Risk & Dependency Management Identify gaps, risks, and dependencies in business processes and proposed solutions Communicate risks and mitigation strategies to stakeholders and technical teams Required Skills & Competencies 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 Preferred Qualifications 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 The ideal candidate will be a seasoned Business Analyst with proven expertise in Life Insurance operations. You should be comfortable working in fast-paced, Agile environments while maintaining meticulous attention to detail. Your ability to translate complex business requirements into actionable user stories, combined with your domain knowledge and modern AI tool proficiency, will be critical to your success.

You must be a strong communicator who can influence stakeholders at all levels and drive consensus across diverse teams. Why Join Us? 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 PI285635029

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