Senior Business Analyst – Accounting (Insurance)
Experience: 8+ Years
Domain: General Insurance / Reinsurance
Location: Mumbai (Preferred)
Notice Period: 30 Days
Employment Type: Full time

Job Summary
We are seeking an experienced Senior Business Analyst – Accounting (Insurance) with strong expertise in insurance finance, accounting, and core insurance transformation programs. The ideal candidate will have hands-on experience in General Insurance or Reinsurance accounting, including premium and claims accounting, General Ledger (GL), receipting, cash reconciliation, and financial reporting. The role involves driving business analysis activities for Accounting and Receipting modules, performing gap analysis between legacy platforms and TCS BaNCS, and supporting integrations with SAP GL and related finance systems. The candidate will collaborate with Finance, Operations, IT, and vendor teams to define business requirements, streamline processes, manage testing activities, and ensure successful delivery of transformation initiatives.

Key Responsibilities




• Lead business analysis activities for Accounting and Receipting modules within a core insurance transformation program.
• Gather, analyze, validate, and document business requirements, process flows, Business Requirements Documents (BRDs), and functional specifications.
• Conduct gap analysis between legacy insurance platforms and TCS BaNCS and recommend suitable solutions.
• Collaborate with Finance, Operations, IT, and vendor teams to define target-state business processes.
• Manage the testing lifecycle, including System Integration Testing (SIT), User Acceptance Testing (UAT), defect management, and production readiness.
• Support accounting integrations with SAP General Ledger (GL) and related finance systems.
• Ensure accurate mapping of premium, claims, reinsurance, receipting, and GL accounting processes.
• Coordinate with stakeholders across Finance, Reporting, Claims, and Core Policy Administration teams.

📌 Senior Business Analyst – Accounting (Mumbai)
🏢 BDO India
📍 Mumbai