Majesco is a leading insurance solutions and services provider that is seeking a highly experienced Senior Lead Business Analyst to join their Policy System team. This role requires deep expertise in Property & Casualty insurance policy administration platforms and involves providing functional leadership across product enhancements and client implementations, ensuring regulatory compliance and business accuracy.
Responsibilities:
- Lead analysis and interpretation of ISO circulars, rating methodologies, and statistical plan manuals to determine business and system impacts
- Own end-to-end requirement management from discovery through sign-off and validation
- Facilitate stakeholder workshops, requirement elicitation sessions, and functional design discussions
- Provide functional leadership in defining rating logic, coverage configuration, underwriting rules, and end-to-end policy lifecycle workflows
- Oversee documentation of BRDs, FRDs, user stories, process flows, and acceptance criteria to ensure clarity, traceability, and completeness
- Conduct gap analysis between business requirements and policy system capabilities, recommending functional solutions
- Ensure statistical plan compliance, validation rules, and regulatory reporting requirements are accurately captured and implemented
- Serve as the primary functional point of contact for clients during system implementations and product updates
- Support SIT and UAT cycles by defining test scenarios, validating functional outcomes, and guiding defect resolution from a business perspective
- Provide mentorship and guidance to junior Business Analysts, reviewing deliverables and maintaining documentation standards
- Establish and maintain functional governance practices, including requirement traceability and change management controls
- Collaborate closely with Product Management, Delivery, Architecture, and QA teams to ensure alignment across the implementation lifecycle
Requirements:
- 8+ years of experience as a Business Analyst within the Property & Casualty insurance domain, with strong exposure to policy administration systems
- Strong understanding of rating logic, coverages, underwriting workflows, and the full policy lifecycle
- Demonstrated experience leading stakeholder workshops and managing client expectations
- Extensive experience creating and reviewing functional documentation artifacts
- Experience leading client-facing discussions during system implementations or upgrades
- Strong analytical and problem-solving skills with high attention to regulatory detail
- Excellent written and verbal communication skills
- Familiarity with Majesco Policy for P&C platform
- Experience working in Agile or hybrid delivery environments
- Experience supporting multi-state or multi-jurisdiction regulatory implementations