Business Analyst - Insurance (FinCrime) Mandatory Change

BUSINESS ANALYST - INSURANCE (Financial Crime)

PURPOSE OF ROLE:

As the successful Business Analyst - Insurance (Financial Crime), you will support our client with their efforts to improve the safeguarding from all financial crime aspects.

INTRODUCTION:

Wipro is at the forefront of helping companies around the world transform so that they can deliver great experiences to their customers, partners and employees. At Domain and Consulting (D&C), we are at the heart of this endeavour. With an entrepreneurial mindset and creative outlook, we evaluate customers' problems and craft innovative solutions that involve the use of technologies like Cloud, AI, 5G and robotic automation. All this is done while working with clients simultaneously to deliver outstanding results.

As a Business Analyst - Insurance (Financial Crime) you will be a part of the Insurance Practice where we help insurance companies transform the way they do business through digital powered customer experience & analytics/cognition enabled business transformation. Our transformation consulting framework enables modernization & complete digitalization of insurance organization. Leading practices include - Sales & Distribution Transformation, POS Transformation, Underwriting Transformation, Claims Transformation.

YOUR RESPONSIBILITIES:

As the Business Analyst - Insurance (Financial Crime) you will be involved in:
Gathering requirements and scope capture.
Understanding and mapping of the insurance processes, ways of working, value chain.
Collection of data about an organisation's operations to improve its systems and processes.
Process mapping as agreed with the client - but so much so that these can be developed within the scope, time and budget.
Identifying problems and opportunities for change with the current business model, enabling processes, data and technology.
Options development and recommendations to company management.
Analysing the potential impact on the business of recommendations and creating business cases.
Planning, developing and provision of impact analysis to technology- systems, infrastructure, applications, accelerators in line with customer needs, and solution imperatives.
Providing support and enablement services to the business to help them develop business requirements and design (including mock-ups, wireframes, use cases, demos, mock data etc).
Acting as a customer proxy for the development team during the development cycle of specific products.
Analysing new change needs, change requests, new requirements from third parties and customers/clients.
Translating requirements into functional and non-functional (performance) specifications.
Developing BRDs - and other business requirements documentation as necessary with process, data and system mapping at required levels and layers.
Design and detail of user stories to a point where developers and technical teams can understand them, can develop them into their technical requirements through, conversations with the business, stakeholders and developers.
Use development specifications to establish traceability from requirements to test cases.
Designing potential solutions to problems and opportunities.
Carrying out research and informing the design of the solution.
Preparing and delivering report of findings to senior stakeholders and leadership.
Managing risks, issues, with end-to-end impact assessment - mitigation. MANDATORY SKILLS/EXPERIENCE:
Previous experience as a Business Analyst in an Insurance company is preferable or in the financial services industry.
Should have worked on a financial crime project in areas such as Anti Money Laundering, Fraud and KYC.
Understanding of insurance processes, ways of working, value chain etc would be an added advantage.
Excellent written and oral communication.
Facilitation skills and able to plan and conduct workshops.
Good senior stakeholder management skills.
Self-starter, proactive, independently work and be responsible.
Knowledge of Agile, Scrum and Kanban, Jira and confluence, concept of role of BA in an Agile project.
Ability to work in a team but also work independently when required.
Ability to quickly understand the Business processes and map them.
Excellent presentation skills/visual representations. BENEFITS:

As the successful applicant you will receive a competitive salary, a generous benefits package and training & development in areas to help you improve.

EQUAL OPPORTUNITIES

Wipro is an Equal Employment Opportunity employer and makes all employment and employment-related decisions without regard to a person's race, sex, national origin, ancestry, disability, sexual orientation, or any other status protected by applicable law.

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