Business Analyst I

Job Description

Business Analyst I is an entry-level BA role focused on gathering business requirements, documenting functional needs, analyzing processes, and collaborating with business and technical teams to deliver software solutions in the insurance domain. It suits candidates with 1–3 years of Business Analysis experience.

Responsibilities

• Work with business stakeholders to gather, analyze, and document business requirements.
• Prepare Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), user stories, use cases, and process flows.
• Analyze existing business processes and recommend improvements to enhance operational efficiency.
• Support data analysis activities using Excel, SQL, or other reporting tools to generate meaningful business insights.
• Collaborate with development, QA, and product teams throughout the software development lifecycle.
• Participate in Agile ceremonies, including sprint planning, backlog refinement, daily stand-ups, and retrospectives.
• Assist in creating process maps, workflow diagrams, and functional specifications.
• Support User Acceptance Testing (UAT), validate business requirements, and coordinate issue resolution.
• Maintain project documentation using tools such as JIRA and Confluence.
• Communicate project updates and requirement clarifications effectively with technical and business stakeholders.
• Assist with change management activities, including documentation, user communication, and training support.
  
  

Qualifications

Educational Background

• Bachelor's Degree in Business Administration, Information Technology, Computer Science, Finance, or a related field.
• Master's Degree is an added advantage.
  
  

Professional Experience

• 1–3 years of experience as a Business Analyst or in a similar role.
• Experience working in Agile/Scrum environments is preferred.
• Exposure to the Insurance, Financial Services, or Technology domain is an advantage.
  
  

Technical Skills

• Good knowledge of Microsoft Excel and basic SQL for data analysis.
• Familiarity with JIRA, Confluence, or similar project management and collaboration tools.
• Understanding of requirement gathering techniques and documentation.
• Knowledge of process mapping tools such as Visio, Draw.io, or BPMN is preferred.
• Exposure to reporting or visualization tools (Power BI/Tableau) is a plus but not mandatory.
  
  

About Us

Our People, Our Culture

For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI-powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle. We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry's most comprehensive datasets. Learn more about Verisk and what we are doing within the insurance industry.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

Our Culture : Explore our inclusive, people-first culture that fosters innovation, collaboration, and belonging.

Awards & Recognition : See why Verisk is consistently recognized as a Great Place to Work around the world.

Our Businesses : Learn about the diverse industries we serve — from insurance and energy to financial services and beyond.

Life at Verisk : Discover what it’s like to work at Verisk through employee stories, team highlights, and culture moments.

Careers at Verisk : Join a global team of problem-solvers and innovators doing meaningful work that’s shaping the future of industries. Whether you're just starting out or looking to take your career to the next level, Verisk offers growth, purpose, and a people-first culture

Let’s build something meaningful together!

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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