Business Analyst

What is Equisoft? Equisoft is a global provider of digital solutions for the insurance and investment sectors, trusted by more than 300 of the world’s leading financial institutions. We offer a comprehensive ecosystem of scalable solutions that help our clients meet the challenges of digital transformation—driven by a business-centric approach, deep industry knowledge, cutting-edge technologies, and a multicultural team of experts located across North America, the Caribbean, Latin America, Europe, Africa, Asia, and Australia.

Why Choose Equisoft? With 950+ employees, we are a stable organization that offers career advancement and fosters a stimulating environment. If that's not enough, then check out these other perks below:

Hiring Location: Hyderabad

You are working in a hybrid collaborative workspace

Full-time Permanent Role

Benefits available day 1: Medical, Dental, Term Life/Personal Accident Coverage, Wellness Sessions, telemedicine program, etc.

Flexible hours

Number of hours per week: 40

Educational Support (LinkedIn Learning and Equisoft University)

Role: Act as a bridge between business stakeholders and development teams, ensuring that product solutions align with customer needs and business objectives. He or she is primarily responsible for translating client business needs into detailed functional specifications to support successful product implementations. The person must demonstrate great attention to detail and excellent organizational and priority management skills.

Your Day with Equisoft:

Lead requirements gathering sessions with client stakeholders to document business needs and translate them into detailed functional specifications.

Work closely with Product Management to create and maintain a product backlog according to business value or ROI.

Monitor and analyse product performance metrics to inform future development priorities.

Own the development of detailed business, functional and non-functional requirements documentation.

Lead refinement sessions with Product Development Manager to define next sprint priorities and scope

Conduct product demonstrations for internal and external stakeholders

Coordinate and facilitate User Acceptance Testing (UAT), including preparation of test cases, defect tracking, and formal sign-off activities.

Act as the primary point of contact for client business stakeholders throughout the implementation lifecycle, managing expectations and communications.

Prepare and maintain functional documentation including business requirement documents, configuration specifications, and traceability matrices.

Identify, document, and escalate risks, issues, and scope changes, collaborating with the Product Development Manager to maintain delivery integrity.

Participate in project planning activities, including sprint planning, stand-ups, and delivery milestone reviews.

Create and maintain Jira tasks throughout the project lifecycle in collaboration with Product Development Manager.

Requirements:

Technical

Bachelor's degree in software engineering or information technology or a college diploma

5 years or more in a Functional or Business Analyst role

Minimum of 2 years' significant work experience in the insurance and finance sector

Proven ability to gather and document complex business requirements with attention to detail

Strong analytical skills with proficiency in data analysis and the ability to interpret complex data sets.

Experience with Agile practices

Implementation or professional services environment

Exposure to AI tools for business synopsis

Soft skills

Strong sense of organization and prioritizing

Excellent spoken English (oral and written communication skills)

Analytical and problem-solving skills

Ability to communicate, write and synthesize information

Ability to multi-task in a rapid-paced environment

Team spirit, tact, diplomacy, autonomy, rigor, and discipline