Senior Business Analyst

Senior Business Analyst

Location: India, Hybrid

Experience: 5+ years

Company:AInsurCo

About AInsurCo

AInsurCo is a specialist actuarial, data and AI-driven consulting firm serving insurers, reinsurers and Lloyd's market participants. We help clients modernise underwriting, exposure management, pricing and reserving through a blend of deep insurance expertise and cutting-edge technology.

We work with complex, data-heavy environments where accuracy, governance and regulatory confidence matter. Our projects typically sit at the intersection of business, actuarial, and technology teams — making the Business Analyst role central to everything we do.

The Role

We are looking for an experienced Insurance Business Analyst who can translate complex insurance and actuarial requirements into clear, structured, and deliverable-ready specifications. You will work directly with underwriting, actuarial, exposure management, finance and technology teams across multiple client engagements. This is not a documentation-only role. You will actively shape solutions, challenge assumptions, and ensure that what gets built genuinely solves real business problems.

Key Responsibilities

• Produce high-quality business and functional artefacts including BRDs, functional specs, process maps, data flows and operating models
• Analyse current-state (as-is) insurance processes and design scalable future-state (to-be) solutions
• Lead requirements across underwriting, pricing, exposure management, reinsurance, capital, reserving, policy and claims data flows
• Own end-to-end data lineage from submission through modelling, pricing, reporting and capital
• Support solution design, testing, UAT and implementation with clear acceptance criteria
• Ensure all deliveries meet regulatory, governance and model-risk standards (e.g. Lloyd's, Solvency II, IFRS 17)

Required Experience & Skills

• 4–5+ years experience as a Business Analyst in insurance, reinsurance or consulting, ideally within the London Market or specialty insurance
• Strong understanding of underwriting, pricing, exposure, claims, reinsurance and catastrophe modelling concepts (GUL, NAL, AAL, YLT, PML)
• Proven experience delivering technology, data or transformation programmes in complex insurance environments
• Exceptional communication skills, able to lead workshops and engage credibly with senior business, actuarial and technology stakeholders
• Strong analytical and documentation skills, with experience working in data-heavy platforms (e.g. SQL, modelling or reporting systems)

Why Join AInsurCo

• Work on some of the most complex insurance data and modelling challenges in the market.
• Be part of a fast-growing firm building AI-driven and Python-based platforms for insurers.
• Get exposure to board-level and regulatory-grade transformation programmes.
• Join a high-performance, intellectually rigorous and entrepreneurial team.