Senior Executive Business Analyst
Shriram Life Insurance · Hyderabad
- Experience2–3 yrs
- SalaryNot disclosed
- Work modeonsite
- Levelmid
- Posted12 Sept 2026
About Shriram Life Insurance
Shriram Life Insurance is hiring in Hyderabad in insurance. This role looks for around 2+ years of experience.
Skills
- Business analysis
- Requirement gathering and elicitation techniques
- BRD
- FRD
- Use cases
- User stories
- Acceptance criteria
- Process mapping
- Visio
- Lucidchart
- Gap analysis
- Root cause analysis
- Agile
- Scrum
- Waterfall
- SQL
- Jira
- APIs
- System integrations
- Life insurance
- New business
- Underwriting
- KYC
- Customer onboarding
- Financial underwriting
- Medical underwriting
- Reinsurance
- Risk assessment
- Automated underwriting systems
- Decision engines
- Insurance regulations
The role
A business analyst at a life insurance company gathers requirements and improves new business and underwriting processes using life insurance underwriting and Agile, while applying SQL and Jira for system enhancements.
Full job description
Business Analyst in Life Insurance - 2+ Years
Domain
Life Insurance New Business & Underwriting
Key Responsibilities
Gather, analyze, and document business requirements from stakeholders.
Prepare Business Requirement Documents (BRD),Functional Requirement Documents (FRD), user stories, and process flow diagrams.
Analyze and improve New Business and Underwriting processes to enhance operational efficiency.
Work closely with underwriters, operations teams,product owners, and development teams to define business solutions.
Conduct gap analysis, impact analysis, and feasibility studies for system enhancements.
Support the implementation and testing of life insurance applications.
Participate in User Acceptance Testing (UAT),defect tracking, and resolution activities.
Facilitate requirement workshops, stakeholder meetings, and walkthrough sessions.
Ensure business requirements comply with regulatory and organizational standards.
Monitor project progress and provide regular updates to stakeholders.
Assist in change management, training, and production support activities.
Domain Knowledge Required
New Business
End-to-end life insurance application processing.
Proposal submission and validation.
KYC and customer onboarding processes.
Financial and medical underwriting requirements.
Policy issuance and onboarding workflows.
Premium collection and payment processing.
Underwriting
Underwriting principles and risk assessment.
Medical and non-medical underwriting.
Underwriting decision processes (Standard, Rated, Postponed, Declined).
Reinsurance concepts and underwriting rules.
Risk classification and underwriting guidelines.
Automated underwriting systems and decision engines.
Required Skills
Business Analysis
Requirement gathering and elicitation techniques.
BRD, FRD, Use Cases, User Stories, and Acceptance Criteria.
Process mapping using Visio, Lucidchart etc.
Gap Analysis and Root Cause Analysis.
Agile Scrum and Waterfall methodologies.
Technical Skills
SQL for data analysis and validation.
Jira
Understanding of APIs and system integrations.
Qualifications
Bachelor's degree in Business, Insurance, Computer Science, Information Technology, or a related field.
2+ years of experience as a Business Analyst in the Life Insurance domain.
Experience in New Business and Underwriting processes is mandatory.
Certifications such as CBAP, CCBA, ECBA, or Agile BA are advantageous.
Key Competencies
Strong analytical and problem-solving skills.
Excellent communication and stakeholder management abilities.
Attention to detail and documentation skills.
Ability to work in cross-functional teams.
Strong understanding of insurance business processes and regulations.