Padmi

Insurance Business Analyst

Bangalore · Hyderabad · Chennai · HybridPosted 1 month ago
Computer Systems AnalysisMid-level
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We are hiring the Insurance product Configurator responsible for configuring and implementing insurance products, pricing models, underwriting rules, and workflows in Verisk/Sequel Rulebook. Collaborates with Underwriting, Actuarial, Product, IT, Operations, and Change teams within the London Market and specialty insurance sector. Translates complex Excel-based pricing models and underwriting guidelines into structured Rulebook configurations. Requires strong analytical and business analysis skills, hands-on Rulebook (or similar platform) experience, and the ability to engage confidently with senior stakeholders to deliver governed, high-quality solutions. Rulebook Configuration & Product Build Configure insurance products, pricing models, underwriting, referral, eligibility rules, and workflows in Rulebook. Convert Excel pricing models into accurate Rulebook configurations. Configure rating tables, premium calculations, validations, and business rules. Maintain product structures, user journeys, and reusable configuration components changes. Business & Domain Analysis Gather and analyze requirements from Underwriting, Actuarial, Product, and Operations teams. Translate business needs into Rulebook configurations and specifications. Validate pricing models, identify gaps, and assess impacts of product or pricing Stakeholder Management & Communication Lead workshops with business stakeholders and SMEs. Communicate rule logic, configuration decisions, and testing outcomes. Coordinate across business, IT, testing, and delivery teams while providing project updates. Testing, Validation & Governance Perform configuration, regression, and scenario testing. Validate Rulebook outputs against Excel pricing models and business rules. Your Profile Required Experience 610+ years in insurance technology, product configuration, rating engines, or business rules implementation. 2+ years of Verisk/Sequel Rulebook experience (or similar rules/rating platforms such as Guidewire, Duck Creek, IBM ODM, Drools, or FICO Blaze). Experience translating Excel pricing models into system configurations. Strong knowledge of P&C/Specialty Insurance, London Market, Agile delivery, UAT, and cross-functional stakeholder collaboration. Hands-on Rulebook configuration and business rules implementation. Strong Excel skills with pricing models, formulas, and calculations. Knowledge of XML, rule logic, validations, and configuration testing. Experience with JIRA, Confluence, Azure DevOps, and clear technical documentation.

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Insurance Business Analyst at EDGE Executive Search · Padmi