Business Analysis: Analyze insurance business processes and identify areas for improvement. Collaborate with stakeholders to gather, document and validate business requirements and translate them into technical specifications.
Requirement Gathering: Conduct detailed meetings with business users to understand functional requirements and ensure alignment with business objectives.
Knowledge of underwriting, claims, policy administration or actuarial processes.
Stakeholder Management: Work closely with internal teams, product owners, IT and third party vendors to ensure successful implementation and delivery of insurance solutions.
Data Analysis & Reporting: Utilize data analytics tools to generate reports, dashboards and metrics to support business decision-making and performance tracking.
Project Management Support: Assist in the management of insurance related projects, ensuring that timelines, budget and scope are adhered to.
Compliance & Regulations: Ensure that all solutions and processes are compliant with insurance regulations and industry best practices.
Testing & Quality Assurance: Assist in the development of test plans and participate in user acceptance testing (UAT) to ensure the quality of deliverables.
Training & Support: Provide training to business users and support in the adoption of new processes and systems.
Continuous Improvement: Continuously monitor and analyze business processes and suggest improvements to enhance productivity, reduce costs and optimize the overall business operation.
Required Skills and Qualifications:
Experience: 5 to 6 years of experience in business analysis with a focus on the insurance industry (life, health, property & casualty).
Insurance Knowledge: Strong understanding of insurance products, processes, regulations and technology solutions.
Analytical Skills;Ability to analyze large data sets, identify trends and provide actionable insights.
Communication Skills :Excellent verbal and written communication skills to engage with stakeholders at all levels.
Technical Skills: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with business analysis tools (e.g., JIRA, Confluence).
Process Documentation:Experience in creating business requirement documents (BRDs), functional specification documents (FSDs), and process flows.
Problem Solving:Strong problem solving and critical thinking abilities to address challenges in a timely and efficient manner.
Certifications:Certification in Business Analysis (CBAP, CCBA) or insurance specific certifications (e.g., CPCU, LOMA) is a plus.
Education:Bachelors degree in business administration, Finance, Insurance or related field. Masters degree is a plus.
Key job details
About Virtusa
Teamwork, quality of life, professional and personal development: values that Virtusa is proud to embody. When you join us, you join a team of 27,000 people globally that cares about your growth — one that seeks to provide you with exciting projects, opportunities and work with state of the art technologies throughout your career with us.
Great minds, great potential: it all comes together at Virtusa. We value collaboration and the team environment of our company, and seek to provide great minds with a dynamic place to nurture new ideas and foster excellence.
Virtusa is an Equal Opportunity Employer. All applicants will receive fair and impartial treatment without regard to race, color, religion, sex, national origin, ancestry, age, legally protected physical or mental disability, protected veteran status, status in the U.S. uniformed services, sexual orientation, gender identity or expression, marital status, genetic information or on any other basis which is protected under applicable federal, state or local law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government-issued ID during each interview. All candidates must be authorized to work in the USA.
Learn more
Awards and recognition
Syncing your Virtusa Information
Syncing Complete
Exporting your personal Virtusa brand items
Export Complete
Check your downloads folder for files and implementation instructions.
Assets are now available in your profile for future editing and use.
Loading your existing headshots
Please select any one of the images below
Downloading Secure Assets
Signing out
