Business Analyst Life insurance

Location: Hyderabad (TG) | Employment Type: Full Time - 40 hours per week | Job Level: T4 | Work Preference: Hybrid | Job Code: 244627

Job Description:

About the Role:

We are looking for a Business Analyst Life insurance with 5 to 8 years of overall Business Analysis experience

Domain Expertise Required

  • Life Insurance business with strong understanding of:
  • Agent lifecycle (onboarding, hierarchy, commissions, incentives)
  • Policy administration (New Business, Endorsements, Renewals, Servicing)
  • Home Office operations
  • Underwriting processes (manual & automated, risk rules, decision workflows)
  • Understanding of regulatory, compliance, and operational impacts in Life Insurance

Key Responsibilities

  • Interact with client business users and stakeholders to gather, analyze, and document business requirements
  • Conduct requirement workshops, stakeholder meetings, and walkthrough sessions
  • Create and maintain:
  • Business Requirement Documents (BRD)
  • Functional Requirement Documents (FRD)
  • User Stories with clear Acceptance Criteria
  • Leverage AI tools such as Microsoft Copilot and Claude for:
  • Requirement analysis and structuring
  • Accelerated BRD and user story creation
  • Requirement validation and gap analysis
  • Translate business requirements into clear, implementable user stories aligned with Agile best practices
  • Perform backlog refinement and ensure all stories meet the Definition of Ready (DoR)
  • Prioritize user stories based on business value, dependencies, and release goals
  • Provide continuous clarification on domain rules, workflows, and business functionality to Development and QA teams
  • Ensure all functional, business, and domain-related queries from Dev and QA are resolved promptly
  • Own and manage requirement traceability from inception through delivery
  • Actively support Sprint Planning, Refinement, SIT, and UAT phases
  • Ensure the Definition of Done (DoD) is met for each user story, including:
  • Functional completeness
  • Acceptance criteria validation
  • Business rules compliance
  • Required documentation updates
  • Obtain formal sign-off from business stakeholders upon meeting DoD
  • Support UAT execution, defect triage, and business validation
  • Identify gaps, risks, and dependencies in business processes and proposed solutions
  • Act as a bridge between business stakeholders and technical teams to ensure successful delivery

 

Required Skills & Competencies

  • Strong Life Insurance domain knowledge (Agent, Policy, Home Office, Underwriting)
  • Excellent experience in Agile / Scrum delivery model
  • Expertise in requirement gathering, documentation, and user story creation
  • Strong analytical, problem-solving, and decision-making skills
  • Hands-on exposure to AI-assisted Business Analysis practices
  • Excellent communication and stakeholder management abilities
  • Ability to work independently and manage multiple priorities in parallel

Preferred Qualifications

  • Experience working on Policy Administration Systems (PAS)
  • Exposure to digital insurance transformation or modernization programs
  • Familiarity with regulatory and compliance-driven requirements

 

#LI-Hybrid #LI-DR1

At HTC Global Services, our culture is an embodiment of who we are – a value-led organization committed to success of our people and customers.

  • Hybrid and Workplace flexibility
  • Work-Life-Balance
  • Well-defined career development plan
  • Rewards & Recognition program
  • L&D focuses on upskilling
  • Hands-on experience on Emerging Technologies and Digital Transformation
  • Career Mobility programs

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