Job Requirements*

- 610 years of experience as a Business Analyst, preferably supporting life insurance finance transformation or reporting initiatives.

- Strong experience in business analysis, requirement elicitation, process mapping, functional documentation, and stakeholder management.

- Hands-on knowledge of US GAAP insurance accounting and LDTI (ASU 2018-12) reporting and compliance requirements.

- Understanding of insurance liability accounting, including reserves, Liability for Future Policy Benefits (LFPB), and Deferred Acquisition Costs (DAC).

- Experience in financial reporting, period-close processes, variance analysis, reconciliations, regulatory reporting, and financial controls.

- Ability to analyze and reconcile Finance and Actuarial data and translate business needs into clear functional requirements and acceptance criteria.

- Experience working across Finance, Actuarial, Data, and Technology teams in a life and annuity insurance environment.

- Proficiency in Advanced Excel and SQL; working knowledge of Power BI or Tableau, Databricks, DataHub, Jira, and Azure DevOps is preferred.

- Exposure to actuarial platforms such as Prophet or AXIS is an advantage.

Key Responsibilities*

- Support US GAAP and LDTI reporting, transformation, and compliance initiatives for Banner Life.

- Gather, analyze, document, validate, and manage business and functional requirements, process flows, data mappings, and acceptance criteria.





- Analyze and reconcile Finance and Actuarial data; investigate variances, data-quality issues, and reporting exceptions.

- Support financial reporting, close activities, variance analysis, insurance liability accounting, regulatory compliance, and control validation.

- Coordinate testing strategy, test scenarios, defect triage, user acceptance testing (UAT), implementation readiness, and post-implementation validation.

- Act as the liaison between Finance, Actuarial, Data, and Technology stakeholders to ensure shared understanding and timely resolution of issues.

- Use enterprise data and reporting tools to support analysis, traceability, reporting, and management updates.

- Maintain explicit documentation and provide concise status, risk, dependency, and issue updates to stakeholders.

Section IV - Job Qualifications & Skills

Section

Details / Example Content

Domain

- Life & Annuity Insurance

- US GAAP insurance accounting and LDTI (ASU 2018-12)

- Insurance liability accounting, financial reporting, actuarial data, and finance transformation

Soft Skills

- Excellent verbal and written communication

- Strong analytical thinking and attention to detail

- Cross-functional stakeholder management and collaboration

- Structured problem-solving, documentation, and knowledge sharing

- Ability to manage priorities, risks, dependencies, and deadlines proactively

📌 Business Analyst with Finance (Bengaluru)
🏢 Tata Consultancy Services
📍 Bengaluru