Senior Business Analyst – (P&C; Insurance)

Location: Noida/Gurugram

Job Summary

We are looking for a curious, detail-oriented, and analytical Senior Business Analyst to

join our Strategic Offerings team. This role is perfect for someone who thrives on

understanding business challenges, researching cutting-edge solutions, and conducting

in-depth analysis to drive digital transformation in P&C; insurance.

You will be at the forefront of evaluating and comparing market-leading digital

solutions, ensuring that our business teams have the right tools and strategies for

efficiency and growth. If you’re passionate about problem-solving, technology, and

making data-driven decisions, this role is an opportunity to shape the future of

insurance while accelerating your own career.

Key Objectives

1. Understand and Document Business Needs: Work closely with stakeholders to

gather and translate business requirements into actionable insights.

2. Conduct Market Research: Identify and evaluate external digital solutions that

align with business needs.

3. Analyze and Compare Solutions: Conduct in-depth feature analysis,

benchmarking market offerings to determine the best fit.

4. Validate and verify requirements by reviewing them with stakeholders and

obtaining their approval. Ensure that the documented requirements align with

the business goals and objectives.

Key Responsibilities

• Business Requirement Analysis

o Engage with stakeholders to understand business processes, challenges,

and future goals.

o Use various techniques such as interviews, surveys,



and observations to

elicit detailed business requirements. Ensure that the requirements

capture both the functional and non-functional aspects.

o Document detailed business and functional requirements to support

digital transformation initiatives.

• Market Research & Solution Evaluation

o Research emerging technologies in the insurance space, identifying

potential solution providers.

o Evaluate the applicability of technologies such as artificial intelligence,

blockchain etc in improving insurance processes and customer

experiences.

o Conduct competitive analysis of external solutions, comparing features,

functionalities, and scalability.

o Perform SWOT analysis to understand the strengths, weaknesses,

opportunities, and threats posed by competitor solutions.

o Collaborate with vendors to gain a deep understanding of their offerings

and limitations.

o Lead pilot projects to test and evaluate new solutions.

• In-Depth Analysis & Strategic Insights

o Assess solutions for compatibility with internal systems, security, and

compliance standards.

o Provide data-driven recommendations to business teams on solution

selection.





o Work closely with the Senior Business Consultant to align findings with

broader strategic initiatives.

o Collaborate with cross-functional teams to ensure successful integration

of new solutions.

o Track key performance indicators (KPIs) to measure the success of new

technologies and their impact on business objectives.

Skills & Qualifications

• 7+ years of experience in the P&C; insurance industry, with strong knowledge of

insurance business processes.

• Experience in large-scale business deployments, including business process

transformation.

• Strong analytical and problem-solving skills, with the ability to translate business

challenges into solution-driven strategies.

• Hands-on experience with business requirement gathering, process

documentation, and workflow analysis.

• Ability to conduct market research, competitive analysis, and feature

benchmarking.

• Strong stakeholder management skills, ensuring clear communication between

business, technology, and vendors.

• Proficiency in data visualization, business process modelling tools, and reporting

frameworks.

Preferred Skills

• Understanding of AI/ML applications, automation, and analytics in insurance.

• Familiarity with Agile methodologies, Azure Dev Ops, Jira, and Confluence.

• Certifications in CBAP (Certified Business Analysis Qualified), CSPO, Lean Six

Sigma, or Agile frameworks.

Skills:- Business Analysis and Property and casualty insurance

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