Business Analyst Group Insurance

Interview Process

- 2 Rounds
- Mode: Virtual via Microsoft Teams

Job Description – Must Have

We are looking for an experienced Business Analyst with robust Group Insurance domain experience to work across business requirements, insurance products, policy administration, sales/distribution, operations, and finance processes.

Experience in Group Insurance is mandatory.

Key Responsibilities

1. Business Analysis & Requirement Management

- Elicit, analyze, document, and validate business requirements from stakeholders.
- Prepare and maintain Business Requirement Documents (BRDs).
- Translate business requirements into functional specifications for development teams.
- Conduct impact analysis for business and system changes.

2. Insurance Product & Process Analysis
Analyze and document end-to-end insurance processes, including:

- Product setup and configuration
- Policy issuance
- Member onboarding
- Premium collection
- Claims administration
- Renewals and endorsements
- Partner servicing
- Regulatory reporting
- Assess the impact of business changes on existing products, processes, and systems.

3. Sales & Distribution Process Management





- Understand and document sales journeys across various distribution channels.
- Map sales platform processes and functionalities with the Policy Administration System (PAS).
- Identify process gaps and integration requirements between sales platforms and policy administration systems.

4. Operations & Finance Process Integration

- Collaborate with Operations teams to understand and document:

- Customer/member onboarding
- Policy servicing
- Claims processes
- Policy Administration System (PAS) workflows

- Work closely with Finance teams on:

- Premium accounting
- Commission calculations
- Rewards and incentive payouts
- Reconciliation processes
- Financial reporting requirements
- Revenue recognition
- Regulatory reporting

Key Mandatory Skills

- Group Insurance – Mandatory
- Business Analysis
- Requirements Gathering & Management
- BRD / Functional Specifications
- Insurance Product & Process Knowledge
- Policy Administration Systems
- Sales & Distribution Processes
- Operations & Claims
- Premium Accounting
- Commission & Incentive Calculations
- Reconciliation & Financial Reporting
- Stakeholder Management

📌 Business Analyst (Bengaluru)
🏢 Honeybee Tech Solutions
📍 Bengaluru