What are the responsibilities and job description for the Business Analyst position at ValueMomentum?
About Job
- perform the activity of planning his/her activities, reviewing the plan, task breakdown, scheduling, and detailing the outcomes from each. He/ She will ensure relevant and latest updates in the insurance industry for geography relevant to the allocated project/ client are known to him/ her and they are utilized during implementation.
Key Responsibilities:
- Engage with Insurance IT, Business teams and all the internal and external stakeholders involved in implementations and rollout to determine business requirements, and to ensure the development is in line with the requirements and scope.
- Configure/ provide configuration of rating logic and business rules along with patterns of business logic
- Document and articulate all functional, UI, and product requirements using standard methods
- Understand the offerings and Products that will be implemented; understand what is currently available, supported and not supported and present the same
- Perform functional testing of the solution to troubleshoot and identify the issues quickly, report to respective stakeholders and track to closure during development and before deployment.
- Demonstrate the solution, discuss scope changes to determine the impact analysis; engage with UAT users to assist in completing the UAT
- Provide detailed walkthroughs of the system requirement, closely work with technical associates on project development activities, review test cases and assist in closing QA cycle, and provide knowledge transfer to other team members.
- Provide estimates for the activities; as part of change management inform the criticality, impact, risks, and priority. Provide timely walkthroughs of the work items – documentation, configured products, solution; regularly update the complex and challenging scenarios
Critical Traits
- Analysis, documentation, presentation, and communication should be detailed where required and of high-quality
- Flexibility to adjust work timings and willingness to achieve stretched targets, when required.
- Assertive and highly motivated and should be at ease with managing multiple tasks at any point in time. Excellent interpersonal and communication skills.
- Experience and knowledge of Life / P&C Insurance domain and Products like Life Insurance or Commercial Lines Indian market
- Experience in implementing software solutions using established Insurance software products or customized software solutions
- Experience in implementing various business features and transactions: Policy Administration, Rating, Underwriting, Claims, Reinsurance of various Life / General insurance products
About ValueMomentum:
ValueMomentum is a leading solutions provider for the global property and casualty insurance industry, supported by deep domain and technology capabilities. We help insurers stay ahead with sustained growth and high performance for enhancing stakeholder value and fostering resilient societies. Trusted by over 100 insurers, ValueMomentum is one of the largest services providers exclusively focused on property and casualty. ValueMomentum is headquartered in Piscataway, NJ, with state-of-the-art delivery centers in Piscataway, NJ; Hyderabad, Pune, and Coimbatore in India; Toronto in Canada; and London in the United Kingdom.