Abhishek Verma +1-773-***-****
Business Analyst - P & C Insurance
****************@*****.**.**
Professional Summary
Overview
. Over 8 years of extensive experience in business analysis and SME for
risk management companies and intermediaries.
. Expert in gathering, analyzing and documenting business and functional
requirements for various risk management projects.
. Strong Subject Matter expertise in General / P & C line of Insurance.
Business Analysis skills
. Expertise in facilitating and conducting Joint Application Development
(JAD), Rapid Application Development (RAD) and Joint Requirement Planning
(JRP) sessions, interviews, workshops and requirement elicitation
sessions with end-users, clients, stakeholders and development team.
. Experienced in interacting with business users and executives to identify
their needs, gathering requirements and authoring Business Requirement
Documents (BRD), functional specification documents (FSD) and detailed
functional requirements (DFR).
. Experience with defining use case scenarios and test cases review.
. Experience with conducting stake holder sessions singlehandedly.
. Skillful in performing GAP analysis, SWOT analysis, Cost benefit
analysis, Risk analysis and User acceptance Testing (UAT).
. Outstanding organizational skills including ability to multi-task,
prioritize and manage increasingly complex issues with integrative
thinking, communicating skills and recognized for being a valued team
player.
. Implemented various business analysis tools to document Business
requirements and To Be Screen mockups including I Rise, Hardcopy and
Microsoft Visio.
. Experienced in SDLC life cycle development such as waterfall, iterative
and agile methodology.
. Expert in coordinating with functional and technical team including
managers, subject matter experts, QA and end users.
Technical Skills
Technology Skills
Operating systems Windows and Unix
Databases SQL Server, MS Access.
Tools MS Office, Excel, PowerPoint, Project, Visio
and Word
Education
. Management in Business Administration Class of 2005
ICFAI, Hyderabad
. Bachelor of Commerce (Hons.) Class of 2002
Calcutta University
Certifications
. INS 23 Certification
2013
. INS 21 Certification
2011
. Licentiate certification of Insurance Institute of India
2006
. CFA (Alpha Level)
2005
. NCFM Certification (Advanced Level)
2004
WORK EXPERIENCE
Tata Consultancy Services Limited
August 2010 - Till Date
India's largest Software and Solutions Provider Company with Global
Presence in more than 50 countries.
Competencies: Business Analysis Requirements Gathering Data Analysis
Client : American International Group (AIG)
July 2013 - Till Date
Project : Grasp - GIS Implementation
Location : Edison, USA
Designation : Business Analyst
. Understanding the High level GIS requirements from Grasp application
purview to ensure smooth integration of Grasp application with GIS
interface.
. Analyzed various issues and risks identified in the project and prepared
action items and risk mitigation plans.
. Instrumental in driving recurring Requirements Sessions with Business to
discuss and document crisp, clear and unambiguous requirements for all
Phases / Drops of the project.
. Involved in Test Planning, preparation and execution to ensure that all
aspects of project are in compliance with Business requirements.
. Acting as an Onsite / Offshore coordinator and one point of contact for
escalations / explanations / requirements.
. Work with Grasp and GIS Technical teams to clearly understand Business
logic, processes and identify potential challenges and risks.
Client : Continental Casualty Company (CNA),
July 2012 - June 2013
Project : Monoline Technology Errors & Omissions Line of Business
Location : Chicago, USA
Designation : Senior Business Analyst
. Selected to work as a Senior Business Analyst to represent the CNA IT
department to the Business group for the Large Program - Monoline
Technology Errors & Omissions (MTEO).
. Understanding Requirements and Challenges of creating the new line of
business.
. Instrumental in driving successful recurring meetings with Business to
introduce MTEO for CNA's Middle Market and Small Business clients.
. Instrumental in preparing the Used cases, DFRs, Process flow and Screen
specs for Monoline Technology Errors & Omissions line of business.
. Instrumental in preparing a Visio Flow for all the Downstream
applications affecting MTEO.
. Instrumental in preparing mock ups / specs using I Rise and Front page
Tools.
Client : Continental Casualty Company (CNA), Chicago
August 2011 - May 2012
Project : Agency Bill Pay
Location : Chicago, USA
Designation : Business Analyst
. Understanding constraints of setting up a payment software (ABP) where
producers pay premium online.
. Instrumental in driving requirements gathering session with the clients
to understand the complexities of designing ABP.
. Instrumental in providing the architectural design to CNA's architect to
depict the end to end flow for ABP.
. Direct interaction with CNA's agents to understand their needs for
setting up ABP.
. Discussion with all stakeholders of CNA for setting up ABP and designing
the requirements accordingly.
. Explaining and guiding the technical team to design the application in
line with Client's requirements.
Clients : Chartis (AIG)
August 2010 - August 2011
Project : One Claim Application
Location : Chennai, India
Designation : Business Analyst Team Member
. Understand business challenges of setting up a Worldwide Claim handling
Software for American International Group.
. Identify specific business challenges across a variety of business
domains such as Underwriting and Claims.
. Define specific business requirements to address business issues and
challenges.
. Discussing at length with Clients about their needs and guiding the
technical team to design the application accordingly.
. In collaboration with the rest of the team, ensure that the proposed
solution address all the client's business requirements.
. Testing (UTP, STP, QC, UAT, Role Play and GPA) & Giving Sign Off to
proceed with the project deliveries.
Bharti AXA General Insurance Company
February 2009 - July 2010
India's latest Private General Insurance Company with branches in more
than 50 cities all over India.
Designation : Area Manager
Location : Kolkata, India
Competencies : New Business Development Underwriting Risk Inspection
Channelizing NBFCs Government Tenders Targeting Micro Finance Sector
Consultancy
. Analysing and targeting on new business prospects and converting the same
into loyal clients
. Preparation of Commercial Quotes and sending to Corporate Office for
approval
. Looking Single Handedly for all the branches and offices in Eastern Zone
. Preparing insurance quotations for corporate clients / prospects
. Conduct risk inspection at various factories of clients / prospects all
over India
. Maintain Profitability Analysis of individual / corporate prospects
. Targeting Corporate Brokers and negotiating with them for tie ups
. Free Consultancy to the corporate prospects for participation in their
Risk Management Portfolio
. Discussing about Indian & International G I Practice on concall with AXA
Colleagues worldwide
ICICI Lombard General Insurance Company
January 2008 - February 2009
India's largest Private General Insurance Company with branches in more
than 150 cities all over India.
Designation : Relationship Manager
Location : Kolkata, India
Competencies : Client Relationship New Business Development Risk
Inspection
. Analysing and targeting on new business prospects and converting the same
into loyal clients
. Claims-handling of clients
. Preparing insurance quotations for corporate clients / prospects
. Looking after platinum clients of eastern India - Relationships and
Accounts
. Conduct risk inspection at various factories of clients / prospects all
over India
. Maintain Profitability Analysis of individual clients
Willis International Network (Saudi Arabia)
July 2005 - January 2008
A British MNC headquartered in London: Branches in more than 130 Countries
all over the world: Deals in Risk management and Insurance consultancy and
brokerage.
Designation : Account Executive
Location : Al Khobar, Saudi Arabia
Competencies : Review Policies Cost Benefit Analysis Client
Relationship Valuation Support Consultancy
. Analysing and targeting on new business prospects with the general
manager and converting the same into loyal clients
. Managing and looking after the existing big client-accounts and
relationships
. Conducting policy review of insurance projects for the clients, pointing
out flaws/inconsistencies, recommending changes
. Claims-handling on behalf of clients
. Negotiating with the Insurance Company on behalf of clients