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Commercial Insurance Underwriter

411001 Pune, Maharashtra ₹70000 month WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client is looking for an experienced Commercial Insurance Underwriter to join their established team in **Pune, Maharashtra, IN**. This critical role involves assessing and analyzing risks associated with commercial insurance applications, determining appropriate coverage, and setting premium rates. The ideal candidate will have a deep understanding of insurance principles, risk management, and the commercial insurance market. Responsibilities include reviewing applications, evaluating financial statements and business operations, conducting risk assessments, and making informed decisions on policy issuance. You will also be responsible for managing a portfolio of commercial accounts, maintaining relationships with brokers and agents, and ensuring compliance with regulatory requirements. We seek individuals with strong analytical, critical thinking, and decision-making skills. A Bachelor's degree in Finance, Economics, Business Administration, or a related field is preferred, along with relevant professional certifications in underwriting. Prior experience in commercial property and casualty insurance underwriting is essential. This position offers a mix of office-based collaboration and remote work flexibility, allowing for a balanced professional life. Join a respected insurance provider and contribute to the company's success by accurately managing risk and providing valuable insurance solutions.
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Business Analyst - Insurance

Pune, Maharashtra Talent Worx

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Job Description

The Insurance Business Analyst will support analysis of problems and related design tasks. More exploratory analysis or design, during the pre-initiation and/or initiation phases, or design work requiring specialist business or functional knowledge. The business analyst support will consist of activities in relation to the business requirements solution design, validation of solution, supporting UAT and change adoption for CLIENT programmes and / or projects.

Requirements

Experience in Insurance is a must.  
Should have led / played significant role in end-to-end digital transformation programs in Agile environments.

  • Current state research, data gathering and business analysis.
  • Data analysis and modelling
  • Process analysis and documentation.
  • Business requirements gathering from CLIENT stakeholders.
  • Business requirements definition and prioritization
  • Traceability of business requirements into solution design to confirm linkage of business functionality/expectations in any new proposed solution.
  • High level business solution design, which may cover aspects of customer journey design, policy design, business process design, business procedure design, organization/people design and high-level functional systems design (for example, architecture, use cases)
  • Evaluation of relative costs, benefits and obstacles of potential solutions
  • Traceability of requirements and solution design into subsequent system design activity, through liaison with the CLIENT Software Delivery team in order to confirm technical designs follow the business design.
  • Analysis to support key decisions made by the Project sponsor or steering committee.
  • Align the analysis effort to SAFe methodology.
  • Overall:
    • Business requirements gathering
    • Business flow creation and optimization 
    • User stories and business requirements documentation
    • Support in UAT Testing
    • Support in operational readiness.
    • Support in Release Management
    • Track operational benefits and support in risk management.
    • Change propagation and training support.
    • Conduct impact analysis.

Benefits

Talworx is an emerging recruitment consultanting and services firm and we are hiring for our client which is a leading Big4 consulting player,

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Business Analyst - Insurance

Pune, Maharashtra Antal International

Posted today

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Job Description

Summary role description:

Hiring for a Business Analyst – (Insurance) for one of the leading InsurTech platform provider, Life and Health Insurances.

Company description:

Our client is a VC-funded Insurtech platform company, providing software platforms for Life Insurance and Health Insurance companies across the globe. Leveraging their domain expertise, regulatory knowledge and technology experience, they architect innovative products and disrupt the Insurance value chain from Customer Acquisition to Engagement. Their products serve customers across the APAC region.

Role details:

  • Title / Designation : Business Analyst - Insurance
  • Reporting Manager: CTO
  • Location: Pune & Mumbai
  • Work Mode: Work From Office
  • Role & responsibilities:

  • Lead business process analysis efforts within the insurance domain, understanding complex business processes, identifying pain points, and uncovering opportunities for improvement which can be augmented by a digital workforce.
  • Elicit, document, and prioritize business requirements from stakeholders across various departments (e.g., underwriting, claims, actuarial, marketing).
  • Translate business needs into clear and concise data science problem statements.
  • Work with designers to execute data analysis and modelling projects to address specific business challenges.
  • Develop and implement statistical analyses, and self-learning / tuning algorithms to generate actionable insights.
  • Utilize a variety of data mining and data analysis techniques to extract valuable information for fine tuning large language models.
  • Evaluate agent performance and iterate to improve accuracy and effectiveness.
  • Collaborate closely with business stakeholders, IT teams, and data engineers to ensure successful implementation and adoption of data-driven solutions.
  • Stay abreast of industry trends, particularly in insurance technology, data science methodologies, and regulatory requirements.
  • Understanding of data governance and data privacy laws to contribute to the development of data governance policies and best practices.
  • Mentor and guide junior analysts and data scientists within the team.
  • Drive the adoption of a data-driven culture within the organization.
  • Candidate requirements:

  • 10+ years of progressive experience in a combination of business analysis and data science roles and Data Scientist role in Insurance Industries.
  • Proven ability to apply data science techniques to solve real-world business problems within the insurance sector (e.g., fraud detection, risk assessment, claim processing).
  • Must have understanding of insurance products, processes, and regulatory landscape.
  • Excellent business acumen and the ability to understand and articulate business needs.
  • Knowledge of data science tools and programming languages such as Python.
  • Experience with SQL and data manipulation in relational databases.
  • Good to have - Familiarity with big data technologies and cloud-based data platforms (e.g., AWS, Azure, GCP)
  • Excellent data visualization skills and capability to guide creation of appropriate visualisation to provide business value.
  • Strong communication, presentation, and interpersonal skills, with the ability to effectively communicate technical concepts to non-technical stakeholders.
  • Proven ability to work independently and collaboratively in a fast-paced environment.
  • Selection process:

  • Two managerial discussions
  • HR discussions
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    Senior Business Analyst (Life Insurance)

    Pune, Maharashtra Talentoj

    Posted today

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    Job Description

    Key Responsibilities :

    • Collaborate with stakeholders to gather and document business, functional, and technical requirements.
    • Write and optimize complex SQL queries for analysis and reporting.
    • Handle API integrations for seamless data exchange between platforms.
    • Support solution design and work with development teams on database architecture .
    • Bring domain knowledge in policy servicing, claims, underwriting, and actuarial processes.


    Required Skills :

    • 5–10 years as a Technical Business Analyst , preferably in Life Insurance.
    • Strong skills in SQL and API integration .
    • Solid understanding of Life Insurance processes and terminology.
    • Immediate joiners or those available on short notice preferred.


    Nice to Have :

    • Knowledge of solution design and database architecture .
    • Exposure to Agile methodology and tools.
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    Business Analyst - General Insurance Data Platform Modernization

    Pune, Maharashtra Capgemini

    Posted today

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    Job Description

    Capgemini is looking for a talented and driven Business Analyst to join our team focusing on General Insurance Data Platform Modernization.

    Our client is one of the largest insurance companies globally, known for its innovation, scale, and commitment to excellence. This role is part of a strategic data modernization program aimed at transforming the enterprise data landscape across regions.

    We are seeking a seasoned Business Analyst  with deep experience in data-driven projects  within the financial services  domain, particularly general insurance . The ideal candidate will play a pivotal role in bridging business needs with technical execution, supporting the delivery of a centralized, scalable, and modern data architecture.

    As a Business Analyst, you will play a critical role in transforming our client's data analytics capabilities to better serve their customers in the general insurance domain. You will collaborate closely with stakeholders across various departments, translating business needs into actionable insights while ensuring that data-driven solutions align with broader business goals. Your expertise will guide projects to modernize and enhance data platforms, making a significant impact on the organization.

    Key Responsibilities:

    • Gather and analyze business requirements from stakeholders to inform the modernization of the insurance data platform.
    • Develop and maintain data models, ensuring that they meet regulatory requirements and industry standards.
    • Create detailed specifications for data integration and transformation processes.
    • Collaborate with cross-functional teams including IT, data engineers, and data scientists to implement solutions.
    • Facilitate workshops and meetings to engage stakeholders and communicate findings effectively.
    • Monitor project progress, identify risks and issues, and propose mitigative actions to facilitate timely delivery.
    • Support user acceptance testing and validate solutions against business requirements.

    Location: India

    Requirements

    • 7–10 years  of total experience, with 5–6 years  in data engineering/data-driven projects .
    • Strong domain knowledge in financial services , preferably general insurance .
    • Hands-on experience with Azure Data Lake , and Databricks  is mandatory .
    • Solid understanding of ETL/ELT pipelines data warehousing , and data lakes .
    • Proven experience working on complex data architectures  and global data integration  projects.
    • Excellent verbal and written communication  skills; confident in client-facing roles.
    • Strong interpersonal and collaboration  skills to work effectively with cross-functional teams.
    • Ability to work independently and manage multiple priorities in a fast-paced environment.

    Other Desired Skills:

    • Knowledge of general insurance products and processes.
    • Experience in data governance and compliance standards.

    Benefits

    Competitive compensation and benefits package:

    1. Competitive salary and performance-based bonuses
    2. Comprehensive benefits package
    3. Career development and training opportunities
    4. Flexible work arrangements (remote and/or office-based)
    5. Dynamic and inclusive work culture within a globally renowned group
    6. Private Health Insurance
    7. Retirement Benefits
    8. Paid Time Off
    9. Training & Development
    10. Performance Bonus

    Note: Benefits differ based on employee level.

    About Capgemini

    Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided every day by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported €22 billion in revenues in 2024.

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    Business Analyst General Insurance Regulatory, Finance & Accounting

    Pune, Maharashtra Capgemini

    Posted today

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    Job Description

    Capgemini is looking for a skilled Business Analyst specializing in General Insurance Regulatory, Finance and Accounting for a Leading Global Insurance Carrier.

    We are seeking a highly skilled and detail-oriented Business Analyst  with deep expertise in insurance finance, regulatory compliance, and accounting standards . This role will support strategic initiatives including M&A due diligence IFRS 17 implementation risk management , and financial reporting  across multiple insurance lines.

    This role involves analyzing business and regulatory requirements to ensure compliance with local and international insurance regulations. You will assist in the preparation of financial reports, ensuring accuracy and timeliness in delivery. Your contributions will support the implementation of regulatory frameworks and promote the establishment of best practices across financial reporting processes. The ideal candidate will have a strong understanding of the insurance industry, particularly the nuances of regulatory requirements, and should possess excellent analytical abilities to interpret complex data.

    Our client is one of the largest insurance companies globally, known for its innovation, scale, and commitment to excellence.

    Key Responsibilities:

    M&A Due Diligence & Audits

    • Lead financial due diligence for insurance acquisitions and strategic partnerships.
    • Manage large-scale on-site and remote audits, evaluating underwriting performance, claims reserves, and financial stability.

    Accounting & IFRS (Including IFRS 17)

    • Oversee implementation and compliance with IFRS 17  and related standards for statutory reporting.
    • Identify and optimize accounting processes to ensure efficient booking flows and reduce manual interventions.

    Risk Management & GRC (Insurance-Focused)

    • Develop and refine Governance, Risk, and Compliance (GRC)  frameworks aligned with regulatory bodies such as Solvency II .
    • Monitor risk exposure across underwriting portfolios, claims, and reinsurance contracts.

    Controlling & Reporting

    • Supervise budgeting, forecasting, and variance analysis across Life, Non-Life, and Reinsurance lines.
    • Design and deliver executive dashboards to communicate financial performance, claims ratios, and reserve adequacy.

    Requirements

    Qualifications:

    Financial Expertise

    • Proven experience in financial due diligence audits IFRS compliance , and controlling  within the insurance sector.
    • Strong understanding of Solvency II , capital adequacy, and risk modeling.

    Analytical Tools & BI

    • Hands-on experience with BigQuery  or similar data platforms.
    • Proficiency in dashboard creation tools (e.g., Power BI, Tableau) to generate actionable insights.

    Project Management & Leadership

    • Demonstrated success in managing cross-functional teams and facilitating stakeholder workshops.
    • Strong report writing, presentation, and communication skills.

    Professional Qualifications

    • CFA  (completed or in progress); certifications such as CERA  or other insurance risk credentials are a plus.
    • Deep knowledge of IFRS 17  and Solvency II  frameworks

    Benefits

    Competitive compensation and benefits package:

    1. Competitive salary and performance-based bonuses
    2. Comprehensive benefits package
    3. Career development and training opportunities
    4. Flexible work arrangements (remote and/or office-based)
    5. Dynamic and inclusive work culture within a globally renowned group
    6. Private Health Insurance
    7. Retirement Benefits
    8. Paid Time Off
    9. Training & Development
    10. Performance Bonus

    Note: Benefits differ based on employee level.

    About Capgemini

    Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided every day by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported €22 billion in revenues in 2024.

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    Business Analyst - General Insurance Regulatory Reporting & Financial Compliance

    Pune, Maharashtra Capgemini

    Posted today

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    Job Description

    Capgemini is actively seeking a highly skilled Business Analyst specializing in General Insurance Regulatory Reporting & Financial Compliance for a leading Global Insurer.

    We are seeking a detail-oriented and compliance-driven Business Analyst  to support the delivery of accurate, auditable, and timely regulatory reports  across multiple financial domains. This role is critical in ensuring the organization meets both local and international regulatory obligations , while contributing to data validation, report specification, audit readiness, and transformation initiatives.

    You will collaborate with finance, risk, compliance, and data teams  to bridge regulatory requirements with technical delivery—ensuring that reports are accurate, transparent, traceable, and inspection-ready. This role will involve a comprehensive understanding of regulations, standards, and financial compliance frameworks relevant to our clients in the insurance industry.

    The ideal candidate will be responsible for supporting regulatory reporting activities, ensuring compliance with all financial regulations and requirements, and helping our clients maintain transparency and accountability in their reporting processes. You will collaborate closely with various stakeholders, including finance teams, compliance officers, and regulators, to develop strategies that meet regulatory expectations while aligning with the company's business goals.

    Our client is one of the largest insurance companies globally, known for its innovation, scale, and commitment to excellence.

    Key Responsibilities:

    The key responsibilities of the role include:

    • Analyze and interpret the latest regulatory requirements impacting financial reporting in the general insurance domain.
    • Develop and maintain comprehensive documentation related to financial compliance and regulatory reporting processes.
    • Collaborate with finance and compliance teams to gather relevant data and prepare accurate reports for regulatory purposes.
    • Support the implementation of an efficient reporting framework that enhances compliance and reduces risk.
    • Provide training and guidance to stakeholders on regulatory requirements and reporting best practices.
    • Monitor changes in regulations and standards, proactively communicating relevant updates to stakeholders.
    • Assist in audits and assessments related to regulatory compliance and reporting accuracy.

    Specific day-to-day job responsibilities and expecations are listed below:

    • Regulatory Reporting & Compliance
      • Prepare and validate reports under frameworks such as:
        • Basel III/IV CRR/CRD IV
        • IFRS / GAAP
        • Solvency II EMIR SFDR AnaCredit COREP FINREP
      • Translate regulatory instructions into clear reporting rules and data logic.
      • Ensure full traceability from regulatory requirements to data fields and calculation logic.
    • Data Validation & Reconciliation
      • Conduct data quality checks and reconciliations across source systems (GL, risk platforms, insurance admin systems).
      • Identify and resolve data gaps or anomalies in collaboration with data engineers and architects.
      • Align regulatory reporting with internal management reporting views.
    • Domain-Specific Support
      • Apply financial expertise across:
        • Accounting : Mapping IFRS/GAAP structures to regulatory disclosures.
        • Tax : Supporting tax compliance elements (e.g., FATCA, CRS).
        • Controlling : Integrating cost/performance structures into regulatory views.
        • Technical Insurance : Supporting reports on premiums, claims, policy exposure, and underwriting risk metrics.
    • Requirement & Specification Definition
      • Collaborate with product owners and compliance officers to define scope and logic for new reports.
      • Draft and maintain BRDs functional specifications , and data mappings .
      • Ensure all reports meet audit and inspection standards for documentation and reproducibility.
    • Testing, UAT, and Audit Support
      • Design and execute test cases for regulatory reports.
      • Support UAT cycles  and regulator test submissions.
      • Provide audit trails, commentary, and documentation for internal/external reviews.
    • Continuous Improvement & Transformation
      • Participate in regulatory change programs and assess impact of new rules.
      • Recommend improvements in data sourcing, controls, automation, and reporting processes.
      • Promote governance and data stewardship across the reporting lifecycle.

    Location: India

    Requirements

    • Required Qualifications:
      • 3–5+ years  of experience in regulatory reporting, risk finance, audit, or financial compliance.
      • Strong knowledge of regulatory frameworks IFRS/GAAP , and risk reporting obligations.
      • Hands-on experience with reporting platforms risk data models , or financial data warehouses .
      • Proficient in Excel SQL , and structured reporting templates.
      • Ability to interpret regulatory texts and translate them into operational specifications.
    • Preferred Qualifications:
      • Background in insurance banking , or financial services .
      • Familiarity with tools such as Power BI AxiomSL Abacus360 Moody’s , or SAP BW .
      • Experience working in Agile  or hybrid delivery environments.
      • Exposure to data governance metadata lineage tools , or compliance automation .

    Benefits

    Competitive compensation and benefits package:

    1. Competitive salary and performance-based bonuses
    2. Comprehensive benefits package
    3. Career development and training opportunities
    4. Flexible work arrangements (remote and/or office-based)
    5. Dynamic and inclusive work culture within a globally renowned group
    6. Private Health Insurance
    7. Retirement Benefits
    8. Paid Time Off
    9. Training & Development
    10. Performance Bonus

    Note: Benefits differ based on employee level.

    About Capgemini

    Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided every day by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported €22 billion in revenues in 2024.

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    Business Analyst- P&C Insurance + SQL

    Pune, Maharashtra Coforge

    Posted 2 days ago

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    Job Description

    Job Title / Role: Business Analyst - P&C Insurance

    Key Skills: P&C Insurance, SQL, Finance & Commercial LOB

    Experience: 4 -12 years

    Location: Greater Noida, Hyderabad & Pune

    Shift: 12:00 PM - 8:30 PM

    Mode: Hybrid


    Note: Candidates available to join immediately are preferred


    We at Coforge are hiring Business Analyst- P&C Insurance with the following skill set:


    • Minimum 4 years' experience working as a technical business analyst within the general insurance (Property & Casualty) industry, ideally within specialty commercial and London markets.
    • Strong domain experience of Finance, underwriting and/or reinsurance highly desirable.
    • Experience producing technical requirements as BRDs or user stories, requirements catalogues, process flows (Levels 1 to 4), gap analysis and impact assessment documents.
    • Strong interaction and communication skills to quickly establish rapport with business and technical SME personnel at all levels.
    • Excellent documentation skills to create clear business level definitions in diagrams and written form.
    • Process Mapping (current and future state); development of data flow diagrams and entity relationship diagrams, other UML techniques.
    • Understanding of regulatory landscape within which an insurance company operates.
    • Able to work in a team and help assist other team members develop Business Analysis skills.
    • Experience of working in an Agile cross-functional team.
    • Excellent analytical and problem-solving skills.
    • Strong presence and ability to interact with various levels of seniority within a client organization.
    • Experience of the data warehouse development cycle and challenges posed by data quality.
    • Highly desirable experience with data tools desirable, including SQL and SSRS.
    • Prior BI development experience (ETL and Reporting).
    • Hand on experience with SSIS, SSAS & SSRS.
    This advertiser has chosen not to accept applicants from your region.

    Business Analyst- P&C Insurance + SQL

    Pune, Maharashtra Coforge

    Posted 2 days ago

    Job Viewed

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    Job Description

    Job Title / Role: Business Analyst - P&C Insurance

    Key Skills: P&C Insurance, SQL, Finance & Commercial LOB

    Experience: 4 -12 years

    Location: Greater Noida, Hyderabad & Pune

    Shift: 12:00 PM - 8:30 PM

    Mode: Hybrid

    Note: Candidates available to join immediately are preferred

    We at Coforge are hiring Business Analyst- P&C Insurance with the following skill set:

    • Minimum 4 years' experience working as a technical business analyst within the general insurance (Property & Casualty) industry, ideally within specialty commercial and London markets.
    • Strong domain experience of Finance, underwriting and/or reinsurance highly desirable.
    • Experience producing technical requirements as BRDs or user stories, requirements catalogues, process flows (Levels 1 to 4), gap analysis and impact assessment documents.
    • Strong interaction and communication skills to quickly establish rapport with business and technical SME personnel at all levels.
    • Excellent documentation skills to create clear business level definitions in diagrams and written form.
    • Process Mapping (current and future state); development of data flow diagrams and entity relationship diagrams, other UML techniques.
    • Understanding of regulatory landscape within which an insurance company operates.
    • Able to work in a team and help assist other team members develop Business Analysis skills.
    • Experience of working in an Agile cross-functional team.
    • Excellent analytical and problem-solving skills.
    • Strong presence and ability to interact with various levels of seniority within a client organization.
    • Experience of the data warehouse development cycle and challenges posed by data quality.
    • Highly desirable experience with data tools desirable, including SQL and SSRS.
    • Prior BI development experience (ETL and Reporting).
    • Hand on experience with SSIS, SSAS & SSRS.
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