Business Analyst - Life Insurance
Role : Business Analyst - Life Insurance
Experience : 5 to 9 Years
Designation: Business Analyst
Notice Period : Immediate - 20 Days
Job Location : Work from Office (Mumbai) Base Location Navi Mumbai Ghansoli (Client location can be anywhere in central Mumbai or western Mumbai or harbour Mumbai line or Onsite or within India)
Roles and Responsibilities :1. Strong Life Insurance knowledge (Must Have Domain knowledge)a. Customer onboardingi. Lead creation
ii. PIC
b. Agent system processingi. Front End Journey
c. Customer journeyi. Front end journey
ii. Proposal form
iii. Customer communication reports/letters
d. Enrollmenti. Training and Onboarding
e. Commissioni. Commission generation Verification basis on Product commission rate structure
ii. Commission Rate check
iii. Commission report check basis on the Channel and channel type chosen.
f. Incentivei. Basis on hierarchy - Incentive check
ii. Incentive report check
g. Hierarchyi. Different hierarchy model across Banca, Agency, etc
ii. Addition of entities
iii. Deletion of entities
iv. Movement of entities
h. Finance accounting entries verificationi. New Business
ii. Policy servicing
iii. Claims
iv. Receipting
v. Cancellations
i. New Business Processi. BI generation and checking
ii. Product Boundary condition check
j. Underwriting Processi. STP/NSTP Rule checking
ii. Business Rules
iii. UW decision
k. Policy Servicingi. Financial transactions
ii. Non-Financial transactions
iii. Unit linked transaction.
iv. Maturity
l. Claimsi. Base plan claim
ii. Rider Claim
iii. Claim Rejection
iv. Claim Repudiation
2. Jira knowledgea. Xray
b. Confluence
3. Good in communicationa. Should be able to coordinate with various business entities to get the required details.
b. Effectively create Business Reports/Documentation as and when required.
4. API Basic knowledge