Exasoft
Location
Delhi | India
Job description
We are hiring for IT Services and IT consulting client in Singapore
What we are looking for: Highly experienced Senior Business Functional Analyst specializing in Insurance Actuarial Business Analysis with extensive experience spanning at least 7-10 years. Candidate should possess profound expertise in pricing and actuarial functionalities within the insurance domain. This role requires a deep understanding of actuarial principles, insurance products, and business processes to effectively bridge the gap between business requirements and technical solutions Responsibilities: Actuarial Expertise: Leverage comprehensive knowledge of actuarial principles, methodologies, and techniques to support pricing, reserving, and financial forecasting activities. Business Analysis: Collaborate with stakeholders including actuaries, underwriters, product managers, and IT teams to elicit, analyze, and document business requirements. Requirements Management: Manage and prioritize business requirements, ensuring alignment with organizational objectives and regulatory compliance. Functional Design: Develop detailed functional specifications and user stories, translating business requirements into clear and concise deliverables for development teams. Data Analysis: Analyze large datasets to identify trends, patterns, and insights that inform pricing strategies and risk assessment. Solution Evaluation: Evaluate proposed solutions and enhancements, providing recommendations based on business impact, feasibility, and cost-benefit analysis. Stakeholder Communication: Facilitate communication between business stakeholders and technical teams, ensuring mutual understanding of requirements and expectations. Testing Support: Collaborate with quality assurance teams to define test cases, validate solution functionality, and support user acceptance testing. Training and Support: Provide training and support to end-users, ensuring smooth adoption of new systems and processes. Continuous Improvement: Stay abreast of industry trends, best practices, and emerging technologies, proactively identifying opportunities for process optimization and innovation. Qualifications: Bachelor's degree in Actuarial Science, Statistics, Finance, or related field. Professional actuarial designation (e.g., ASA, FSA, ACAS) strongly preferred. At least 7-10 years of strong on-ground experience in a business analysis role within the insurance industry, with a focus on actuarial functions and pricing. In-depth understanding of insurance products, including life, health, general insurance and reinsurance. Proficiency in actuarial software (e.g., Prophet, AXIS, MG-ALFA) and data analysis tools (e.g., SQL, R, Python). Strong analytical and problem-solving skills, with the ability to manipulate and interpret complex data sets. Excellent communication skills, with the ability to effectively convey technical concepts to non-technical stakeholders. Proven track record of successful project delivery, including requirements gathering, solution design, and implementation. Ability to work independently and collaboratively in a fast-paced, dynamic environment, managing multiple priorities and deadlines effectively. Commitment to continuous learning and professional development, with a passion for driving innovation and process improvement in the insurance industry.Job tags
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