Business Analyst

Job Title: Business Analyst

Primary Skill: P&C Insurance

Location: Hyderabad/Pune/Coimbatore

Mode of work: Work from office

Experience: 3-6 years

About the job:

Seeking a skilled and detail-oriented Property and Casualty Business Analyst to join our dynamic team. The ideal candidate will have a strong background in the insurance industry, particularly in property and casualty lines of business. As a Business Analyst, you will play a pivotal role in gathering, analyzing, and documenting business requirements for insurance-related projects.

Know your team:

At ValueMomentum’s Engineering Center, we are a team of passionate engineers who thrive on tackling complex business challenges with innovative solutions while transforming the P&C insurance value chain. We achieve this through strong engineering foundation and continuously refining our processes, methodologies, tools, agile delivery teams, and core engineering archetypes. Our core expertise lies in six key areas: Cloud Engineering, Application Engineering, Data Engineering, Core Engineering, Quality Engineering, and Domain expertise.

Join a team that invests in your growth. Our Infinity Program empowers you to build your career with role-specific skill development leveraging immersive learning platforms. You’ll have the opportunity to showcase your talents by contributing to impactful projects.

Responsibilities:

Following are the day-to-day work activities:

• Perform Business Analysis, System Analysis, market Study, and PoV creation
• Define Solution Flow for Transformation and Cloud Migration of Claims Core System
• Pre-Sales- Define Features, Solution Flow
• Business Architecture, Customer Demo

Requirements:

Candidates are required to have these mandatory skills to get the eligibility of their profile assessed. The must have requirements are:

• Experience in Property and Casualty insurance domain.
• Collaborate with stakeholders, including business users, underwriters, claims adjusters, and IT professionals, to gather and document detailed business requirements for property and casualty insurance products and processes.
• Analyze business requirements and translate them into clear and comprehensive documentation, including functional specifications, use cases, process flows, and data models.
• Good understanding on quote, policy issuance processes.
• Basic understanding of policy admin systems and third-party integration with other systems
• Conduct gap analysis to identify areas where current processes and systems do not meet business requirements, proposing effective and efficient solutions to bridge these gaps.
• Collaborate with QA teams to develop test scenarios and ensure that developed solutions meet the specified business requirements, assisting in the resolution of any discrepancies found during testing.
• Communicate effectively with stakeholders, providing regular updates on project progress, addressing concerns, and ensuring alignment between business needs and technical solutions.
• Stay up-to-date with industry regulations, compliance requirements, and market trends related to property and casualty insurance, ensuring that our solutions adhere to legal and regulatory standards.

Good to have skill:

Candidates having these extra skills on their resumes have an added advantage while getting their profile assessed

• Agile Knowledge
• AWS Certification and Knowledge

About ValueMomentum:

ValueMomentum is a leading solutions provider for the global property & casualty insurance industry, supported by deep domain and technology capabilities. We offer a comprehensive suite of advisory, development, implementation, and maintenance services across the entire P&C insurance value chain. This includes Underwriting, Claims, Distribution, and more, empowering insurers to stay ahead with sustained growth, high performance, and enhanced stakeholder value. Trusted by over 75 insurers, ValueMomentum is one of the largest standalone insurance-focused solutions providers to the US insurance industry.

Our culture – Our fuel:

At ValueMomentum, we believe in making employees win by nurturing them from within, collaborating and looking out for each other.

• People first – Empower employees to succeed.
• Nurture leaders – Nurture from within.
• Enjoy wins – Recognize and celebrate wins.
• Collaboration – Foster a culture of collaboration and people-centricity.
• Diversity – Committed to diversity, equity, and inclusion.
• Fun – Create a fun and engaging work environment.
• Warm welcome – Provide a personalized onboarding experience.

Company Benefits:

• Compensation – Competitive compensation package comparable to the best in the industry.
• Career Growth – Career development, comprehensive training & certification programs, and fast track growth for high potential associates.
• Benefits: Comprehensive health benefits and life insurance.