Business Analyst

About the Role

We are seeking an experienced Insurance Business Analyst with strong actuarial domain expertise to support Retail Life Insurance initiatives at Capgemini. This role focuses on gathering and documenting requirements, collaborating with actuarial and business teams, supporting product development and policy lifecycle processes, and driving testing, compliance, and process improvement.

Key Responsibilities

• Gather, analyze, and document business requirements for Life Insurance products and actuarial processes.
• Collaborate with cross-functional teams including actuaries, product, underwriting, policy administration, and IT to define robust business solutions.
• Translate complex business requirements into functional specifications, process flows, user stories, and acceptance criteria.
• Support product development initiatives covering pricing, valuation, reserve calculations, and regulatory reporting.
• Manage policy lifecycle processes including New Business, Policy Administration, Billing, Claims, and Servicing.
• Analyze impacts of product changes to ensure alignment with business objectives and actuarial assumptions.
• Facilitate stakeholder meetings, requirement walkthroughs, and User Acceptance Testing (UAT) sessions.
• Develop test scenarios, review results, and validate business outcomes during testing activities.
• Perform gap analysis to identify opportunities for process improvement and automation while ensuring compliance with insurance regulations.