Business Analyst – Insurance

About the Role
We are looking for a Business Analyst – Insurance with 3–6 years of experience in Business Analysis, Data Analytics, or Analytics Consulting.
The role involves working closely with business, data, and engineering teams to translate insurance business requirements into well-defined KPIs, data models, and actionable analytics solutions.
The ideal candidate should have strong stakeholder management and SQL skills, an understanding of dimensional modelling, and the ability to translate complex business requirements into clear technical requirements. Prior insurance/BFSI exposure is preferred, along with a strong willingness to learn the insurance domain.

Key Responsibilities
1. Insurance Domain & Business Understanding
• Develop a strong understanding of the insurance value chain, including:
• Product & Underwriting
• Policy Administration
• Distribution
• Claims
• Reinsurance
• Finance
• Actuarial Reporting
• Understand and accurately use key insurance terminology such as Premium, Exposure, Loss Ratio, Combined Ratio,



Persistency, Lapse, Claim Severity, and Claim Frequency.
• Work closely with domain experts to build insurance knowledge and document learnings for wider team use.

2. Stakeholder Management & Requirements Gathering
• Conduct discovery sessions and workshops with business heads and teams across underwriting, claims, actuarial, finance, and distribution.
• Gather, clarify, and challenge business requirements and translate them into clear and prioritized requirements.
• Manage stakeholder communication around progress, risks, dependencies, scope, and timelines.
• Work effectively with both business and technical stakeholders.

3. Business KPIs & Metrics
• Define KPIs with explicit business meaning, calculation logic, grain, filters, ownership, and source systems.
• Establish and maintain a consistent KPI dictionary across stakeholders.
• Reconcile analytical outputs with finance and actuarial reports and investigat

📌 Business Analyst (Bengaluru)
🏢 Sigmoid
📍 Bengaluru