Business Analyst

Job Title: Business Analyst

We are seeking a detail-oriented and analytical Business Analyst with a strong background in Annuities and Insurance. The ideal candidate will play a crucial role in bridging the gap between business needs and technology solutions, ensuring that our projects align with strategic objectives and deliver value to our clients. This position requires a deep understanding of the insurance industry, particularly in the area of annuities, to effectively analyze requirements and propose actionable solutions.

• Collaborate with stakeholders to gather, analyze, and document business requirements related to annuities and insurance products.


• Translate business needs into functional specifications and ensure alignment with technical teams.


• Conduct market research and competitive analysis to inform product development and enhancements.


• Facilitate workshops and meetings to elicit requirements and validate solutions with stakeholders.


• Develop and maintain comprehensive documentation, including business requirements documents, use cases, and process flows.


• Support project management activities by providing insights and recommendations based on analysis.


• Assist in the testing and validation of solutions to ensure they meet business requirements and quality standards.


• Monitor project progress and provide regular updates to stakeholders on key milestones and deliverables.


• Identify opportunities for process improvements and contribute to the development of best practices within the organization.

• Strong knowledge of Annuities and Insurance products.


• Proficient in business analysis methodologies and tools.


• Excellent communication and interpersonal skills, with the ability to engage effectively with stakeholders at all levels.


• Strong analytical and problem-solving skills, with a keen attention to detail.


• Ability to work independently and collaboratively in a fast-paced environment.

• Familiarity with regulatory requirements and compliance standards in the insurance industry.


• Experience with data analysis and visualization tools.


• Knowledge of project management methodologies.


• Understanding of software development life cycle (SDLC) processes.

• Bachelor's degree in Business Administration, Finance, or a related field.


• Relevant certifications in business analysis or insurance (e.g., CBAP, PMI-PBA, or equivalent) are a plus.

If you are a proactive and results-driven professional with a passion for the insurance industry and a strong foundation in business analysis, we encourage you to apply for this exciting opportunity.

Mphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Mphasis is an equal opportunity/affirmative action employer. We provide equal employment opportunities to applicants and existing associates and evaluate qualified candidates without regard to race, gender, national origin, ancestry, age, color, religious creed, marital status, genetic information, sexual orientation, gender identity, gender expression, sex (including pregnancy, breast feeding and related medical conditions), mental or physical disability, medical conditions military and veteran status or any other status or condition protected by applicable federal, state, or local laws, governmental regulations and executive orders. View the EEO in the law poster here, view the EEO in the law supplement here. To view the pay transparency nondiscrimination provision please click here and to view the E-Verify posting click here.
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