Verisk Recruitment Drive; Hiring Business Analyst I – Apply Now

Verisk Recruitment Drive; Hiring Business Analyst I

Business Analyst I Job Openings in Hyderabad 2025!!!

Verisk announced job vacancy for the post of Business Analyst I. The place of posting will be at Hyderabad (Hybrid). Candidates who have completed Graduate / Engineering / Post Graduate with Fresher / Experience are eligible to apply. More details about qualifications, job description and roles & responsibilities are as follows.

Company Overview

Name of the CompanyVerisk
Required QualificationsGraduate / Post Graduate
SkillsCommunication, Problem-Solving & Interpersonal Skills
CategoryInsurance Product Management
Work TypeHybrid

AD3i Software Solutions Pvt Ltd (Verisk-India), development team is looking for a smart, proactive, and results-oriented Business Analyst to build elegant solutions for the insurance industry’s complex business domain and make their industry-leading products even better, supported by structured insights from enterprise data analytics. You will have the opportunity to make an impact and contribute to a complex application suite of products, mission-critical to insurance companies, while strengthening outcomes through the use of advanced data analysis techniques.

Job Details

Θ Positions: Business Analyst I

Θ Job Location: Hyderabad (Hybrid)

Θ Salary: As per company standards

Θ Job Type: Full Time

Θ Requisition ID: 2358

Roles and Responsibilities:

  • Stakeholder Engagement: Act as a bridge between stakeholders and technical teams, ensuring clear communication and understanding of project requirements as guided by predictive analytics in operations.
  • Requirements Gathering: Collect and document business requirements through meetings, workshops, and observations.
  • Test Planning and Execution: Develop test plans and scripts to ensure solutions meet the specified requirements.
  • Collaboration: Working closely with developers, product managers, and other stakeholders to facilitate open communication and understand product features for better testing outcomes.
  • Data Analysis: Analyze data to identify trends, patterns, and insights that can inform business decisions enhanced through business process analytics.
  • Conduct Requirement Analysis: Identify, analyze, and document business needs, ensuring clarity and completeness of requirements.
  • Documentation and Reporting: Maintaining detailed documentation of test cases, results, and defect logs, and providing regular updates on testing progress and results.
  • Requirements Elicitation: Engage with stakeholders to gather and document detailed business requirements, ensuring a clear understanding of their needs.
  • Test Planning: Developing a test strategy and creating test plans that outline the scope, approach, resources, and schedule for testing activities.
  • Test Case Design: Writing clear and detailed test cases based on requirements and specifications to ensure all functionalities are covered.
  • Test Execution: Executing test cases, both manually and automated, to identify defects and verify that the software behaves as expected.
  • Process Mapping: Create process maps to visualize workflows and identify areas for improvement.
  • Defect Reporting: Identifying, documenting, and reporting defects or issues discovered during testing. This includes providing clear reproduction steps and severity levels.
  • Test Automation: Participating in the creation and maintenance of automated tests to improve testing efficiency and coverage.
  • Performance Testing: Conducting performance, load, and stress tests to ensure the application can handle expected workloads.
  • Regression Testing: Preparing and executing regression tests to confirm that existing functionalities work as intended after changes or enhancements.
  • User Acceptance Testing (UAT): Assisting in UAT sessions to ensure the product meets business needs and is ready for delivery.
  • Training and Support: Provide training and support to users on new systems and processes, ensuring smooth implementation.
  • Continuous Improvement: Analyzing testing processes and outcomes to identify areas for improvement and implementing best practices in testing methodologies.
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Required Skills & Qualifications:

  • Bachelor’s Degree: Typically, in Business Administration, Finance, Information Technology, or a related field.
  • Master’s Degree (Optional): An MBA or relevant master’s degree can be advantageous.
  • Usually, 0-2 years in business analysis in Life Insurance implementations.
  • Industry Knowledge: Optional but Beneficial.

Technical Skills:

  • Data Analysis Tools: Proficiency in tools such as Excel, SQL, or data visualization software (optional) (e.g., Tableau, Power BI).
  • Requirements Management Tools: Experience with tools like JIRA, Confluence, or similar platforms for tracking requirements and project management.
  • Certifications (Optional but Beneficial).

Soft Skills:

  • Communication Skills: Excellent verbal and written communication skills to convey complex information clearly to various stakeholders.
  • Problem-Solving: Strong analytical and critical thinking abilities to identify issues and propose effective solutions.
  • Interpersonal Skills: Strong relationship-building skills to foster collaboration across departments.

How to Apply

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