Business analyst

Business analyst

ValueMomentum Inc

ValueMomentum Inc

Hyderabad, Andhra Pradesh, India

Experience :

Closes on :

Mar 4, 2025

Job Description

Job Description

OwlSurance is a business unit that delivers cloud-based solutions to Small and Medium Insurance carriers and MGAs using ValueMomentum' s Product offerings or customized cloud-based solutions.Job Description :A Business Analyst for OwlSurance is a client facing role that will contribute to cloud-based solution implementations leveraging core Business Analysis skills, domain and functional understanding. Business Analyst will perform Configurations (insurance rate plans, business rules, and deviations to standard bureau offerings, etc.) and contribute to standalone application development projects.Business Analyst will engage with Insurance IT, Business teams and all the internal and external stakeholders for implementation.Key Responsibilities: Engage with the customer to determine business requirements, work closely with internal stakeholders, to ensure the development is in line with the requirements and scope. Understanding of P&C Domain and Business Processes. Configuration of rating logic and business rules. Ability to document and articulate all functional, UI, and product requirements using standard methods. Understanding of the offerings and Products that will be implemented as part of Enterprise Products LOB implementations; understanding of what is currently available, supported and not supported. Ability to do functional testing of the solution. Ability to trouble shoot and identify the issues quickly, report to respective stakeholders and track to closure. Ability to provide detailed mapping specifications for integration with other systems. Engagement with customer - provide functional walkthroughs of the solution; discuss on scope changes to determine the impact analysis; engage with UAT users effectively and assist UAT to completion. Engagement with implementation team - Provide detailed walkthroughs of the system requirement; configuration activities; closely work with technical associates on project development activities; review test cases and assist QA to closure; internal KTs on the domain. Engagement with PM/DM/CSD - Provide estimates for the configuration activities; as part of change management, inform the criticality, impact, risks, and priority. Engagement with internal stakeholders - Provide timely walkthroughs of the work items - documentation, configured products, solution; regularly update the complex and challenging scenarios; inform the scope changes and impact. Additional requirements Detail oriented and drive to deliver high quality work. A strong analytical and logical focus to problem solving. Flexibility to adjust work timings and willingness to achieve stretched targets, when required. Assertiveness. Willing to travel for business/customer meetings on need basis. Highly motivated and should be at ease with managing multiple tasks at any point in time. MS Office Suite. Skills and Experience 2-4 years of relevant IT experience in the following areas, including 2+ years of in P&C domain Excellent Knowledge of P&C Insurance domain (preferably Commercial Lines). Knowledge of ISO is an additional advantage. Experience in implementing solutions using established Insurance Products/Suites is an advantage. Ability to explain complex business and technical issues in simple terms. Experience in implementing Policy Administration, Rating and Underwriting modules. Excellent interpersonal and communication skills. About the Company: Headquartered in New Jersey, US, ValueMomentum is the largest standalone provider of IT Services and Solutions to Insurers. Our industry focus, expertise in technology backed by R&D, and our customer-first approach uniquely position us to deliver the value we promise and drive momentum to our customers' initiatives. ValueMomentum is amongst the top 10 insurance-focused IT services firms in North America by number of customers. Leading Insurance firms trust ValueMomentum with their Digital, Data, Core, and IT Transformation initiatives.Benefits: We at ValueMomentum offer you a congenial environment to work and grow in the company of experienced professionals. Some benefits that are available to you are: Competitive compensation package. Career Advancement: Individual Career Development, coaching and mentoring programs for professional and leadership skill development. Comprehensive training and certification programs. Performance Management: Goal Setting, continuous feedback and year-end appraisal. Reward & recognition for the extraordinary performers.

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