Functional Business Analyst

Job title:- Functional Business Analyst
Experience:-6-8 yrs
Location:-Pune, Bangalore
Work mode:-Onsite
Qualification:-B.tech or Any

Skills:-BA, SQL Quiries, API integration with product of Insurance like- Life insurance or General Insurance

Key Roles and Responsibilities:

1. Requirement Gathering and Analysis:

Stakeholder Engagement: Collaborate with stakeholders to understand their needs, objectives, and requirements.
Elicitation Techniques: Use various techniques such as interviews, workshops, surveys, and document analysis to gather detailed business requirements.
Requirements Documentation: Document the functional requirements, use cases, user stories, and acceptance criteria in a clear and detailed manner.

1. Business Process Analysis:

Process Mapping: Analyze and map current business processes to identify inefficiencies, bottlenecks, and areas for improvement.
Process Improvement: Recommend changes to business processes to enhance efficiency and effectiveness.
Gap Analysis: Perform gap analysis between the current state and desired future state of business processes.

1. Solution Design:

Functional Specifications: Translate business requirements into functional specifications for IT solutions.
Collaboration with IT Teams: Work closely with developers, architects, and other IT professionals to ensure that the solution meets the business requirements.
Prototyping: Create prototypes or mockups to visualize the proposed solutions and gather feedback from stakeholders.

1. Project Management Support:

Project Planning: Assist in project planning, including defining project scope, objectives, deliverables, and timelines.
Task Prioritization: Prioritize tasks and requirements based on business value and urgency.
Progress Monitoring: Track project progress and ensure that project milestones are met.

1. Testing and Quality Assurance:

Test Planning: Develop test plans, test cases, and test scripts to validate that the IT solution meets business requirements.
User Acceptance Testing (UAT): Facilitate UAT by coordinating with end-users and ensuring that defects are identified and resolved.
Issue Resolution: Work with IT teams to address any issues or defects identified during testing.

1. Change Management:

Impact Analysis: Assess the impact of proposed changes on existing processes, systems, and stakeholders.
Communication: Communicate changes and their implications to stakeholders and end-users.
Training: Develop and deliver training materials to ensure that end-users are adequately prepared for the new system or process.

1. Documentation and Reporting:

Project Documentation: Maintain comprehensive documentation of project activities, requirements, design specifications, and testing results.
Reporting: Generate regular reports on project status, risks, and issues for stakeholders and management.

1. Continuous Improvement:

Feedback Collection: Gather feedback from users and stakeholders to identify areas for further improvement.
Performance Metrics: Monitor key performance indicators (KPIs) to evaluate the success of implemented solutions.
Best Practices: Stay updated with industry best practices and emerging trends in business analysis and IT solutions.