Business Analyst

TCS has been a great pioneer in feeding the fire of young Techies like you. We are a global leader in the technology arena and there’s nothing that can stop us from growing together. Your role is of key importance, as it lays down the foundation for the entire project.

Role: Business Analyst – Reinsurance

Experience: 6\+ years

Location: Bengaluru/Chennai/Pune/Kochi/Kolkata

Role :

6\+ years of

Business Analysts

with strong domain expertise in

Reinsurance

to drive business requirements, solution design, and delivery across transformation, digital, and product implementation programs. The role spans requirements elicitation, process analysis, documentation, stakeholder management, and Validation.

In addition to delivery responsibilities, you will contribute to Insurance Practice activities including pre-sales, solution accelerators, thought leadership, and mentoring.

Experience:

• 6\+ years of Requirements Engineering or Business Analysis experience, preferably in insurance or financial services.
• Knowledge in reinsurance acquired through work experience.
• Experience with agile methodologies (Scrum, SAFe).
• Proficiency in tools used to support delivery of IT projects.
• Ability to use Large Language Models (LLMs) (e.g., ChatGPT) for requirement analysis, documentation, and knowledge extraction.
• Experience working with cross-border/offshore teams (advantage).

Key Responsibilities:

• Lead workshops with business, IT, and external partners to elicit, analyze, and prioritize requirements.
• Document User Stories, acceptance criteria, Non-Functional Requirements and establish traceability and dependencies using best practices. Partner with architects and product owners to shape solutions across insurance value Chain.
• Model as-is/to-be processes using BPMN; identify gaps.
• Define data mappings, integration contracts (APIs, EDI, FHIR/HL7), and workflows. Maintain requirements traceability, change control and drive signoffs.
• Ensure adherence to regulatory requirements (e.g., GDPR, Solvency II, IFRS17, insurance-specific).
• Apply internal standards and governance frameworks (e.g. client’s framework, IREB).
• Produce status reports, RAID, and KPIs; ensure compliance with regulatory and audit needs.
• Apply deep knowledge of Treaty and Facultative Reinsurance, inward/outward cessions, premium and claims bordereaux, retrocession, and accounting principles, implementation or transformation projects involving reinsurance administration systems.