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Senior Lead Business Analyst

Job Description:

We are seeking a seasoned Principal Business Analyst to join our professional services team at Majesco. As a Principal Business Analyst, you will leverage your extensive experience and deep understanding of insurance technology to lead and drive successful software implementations for our customers. Your role will be pivotal in ensuring that our solutions meet and exceed customer expectations while minimizing customizations and maximizing the use of out-of-the-box features.

Key Responsibilities:

  • Lead requirements gathering workshops with clients to understand their business needs and objectives.
  • Analyze and document detailed business requirements and translate them into functional specifications.
  • Design and propose comprehensive solutions using Majesco's software products, focusing on best practices and industry standards.
  • Collaborate closely with Project Managers, Solution Architects, and other stakeholders to ensure alignment on project goals and deliverables.
  • Mentor and coach junior business analysts within the team, sharing knowledge and best practices to foster growth and development.
  • Provide training and support to both internal teams and external customers on the implementation of Majesco solutions.
  • Update and maintain the training documentation suite, ensuring accuracy and relevance to the latest software versions and features.
  • Lead large project or small projects concurrently, overseeing business requirements gathering, configuration oversight and solution assurance.
  • Act as a subject matter expert (SME) on Majesco's product suite, staying current with industry trends and advancements in insurance technology.

Qualifications:

  • Bachelor’s degree in business administration, Computer Science, or related field.
  • Minimum of five (5) years of experience as a Business Analyst in the insurance industry, preferably within P&C and Loss Control.
  • Proven track record of successful software implementations with a focus on minimizing customizations and maximizing out-of-the-box solutions.
  • Strong analytical and problem-solving skills, with the ability to navigate complex business challenges and find innovative solutions.
  • Excellent communication and interpersonal skills, with experience in leading workshops and presenting to executive-level stakeholders.
  • Experience in mentoring and training junior team members, fostering a culture of knowledge sharing and continuous improvement.

What Majesco Offers:

Majesco is committed to equal pay and transparency.  The annual base salary range for this position is $80,000 to $100,000.  Please note that the salary range information provided is a general guideline and combines all of the distinct labor markets within the US.  It is uncommon for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on a variety of factors.  Majesco considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, candidate's work location, education/training, key skills, internal peer equity, external market data, as well as market and business considerations when making compensation decisions.

At Majesco, we offer a comprehensive employee benefits package with most coverage starting Day One.  Our benefits package includes, but is not limited to:  Medical, dental & vision insurance; employer-funded HSA coordinating with a high-deductible health plan; FSA, short-term/long-term disability; Life/AD&D insurance; 401(k), flexible time off, paid sick days and 11 paid holidays; paid parental/bonding leave; career anniversary leave and other voluntary benefits.

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Lead Business Analyst, Majesco

Majesco is on the lookout for a dynamic and experienced Senior Lead Business Analyst to join our innovative professional services team. In this pivotal role, you’ll harness your extensive experience in insurance technology to drive successful software implementations that meet and even exceed our clients' expectations. Your days will be filled with engaging requirements-gathering workshops where you'll connect with clients to fully understand their business objectives and needs. With your sharp analytical skills, you will develop thorough business requirements and convert them into functional specs, all while designing robust solutions using Majesco’s cutting-edge software products. Collaboration is key here – you’ll work closely with Project Managers, Solution Architects, and a variety of stakeholders to align on project goals. Plus, as a Senior Lead Business Analyst, you’ll be a mentor for junior analysts, sharing your knowledge and fostering a learning culture. You’ll also lead training sessions for both clients and our internal teams, ensuring everyone is well-equipped to use our solutions. At Majesco, we’re not just about technical expertise; we are passionate about creating an inclusive environment where you can grow your career while making a meaningful impact in the insurance industry. If you have a background in business administration or computer science, with at least five years of experience in P&C insurance, we'd love for you to bring your talents to our team. This role offers a competitive salary and an amazing benefits package that begins on Day One, making it a fantastic opportunity to elevate your career in a supportive setting.

Frequently Asked Questions (FAQs) for Senior Lead Business Analyst Role at Majesco
What are the key responsibilities of a Senior Lead Business Analyst at Majesco?

The Senior Lead Business Analyst at Majesco is responsible for leading requirements gathering workshops, analyzing business needs, documenting functional specifications, designing innovative solutions, and mentoring junior analysts. This role also involves providing training for internal and external teams while ensuring successful software implementation with a focus on customer satisfaction.

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What qualifications are required for the Senior Lead Business Analyst position at Majesco?

To qualify for the Senior Lead Business Analyst role at Majesco, candidates should possess a Bachelor’s degree in business administration or computer science, along with a minimum of five years of experience as a Business Analyst, specifically in the insurance industry. Proven success in software implementations and strong analytical skills are essential, as well as excellent communication abilities.

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How does Majesco support employee growth for Senior Lead Business Analysts?

At Majesco, growth is a priority, especially for Senior Lead Business Analysts. The company encourages mentorship and peer knowledge sharing, allowing experienced analysts to guide juniors. Additionally, ongoing training and development opportunities keep the team abreast of industry advancements and best practices, ensuring a culture of continuous improvement.

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What is the salary range for the Senior Lead Business Analyst role at Majesco?

The Senior Lead Business Analyst position at Majesco offers a competitive annual base salary range of $80,000 to $100,000. However, individual compensation may vary based on experience, education, responsibilities, and market data, reflecting the value of the candidate to the company.

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What benefits does Majesco offer to Senior Lead Business Analysts?

Majesco provides a comprehensive benefits package for Senior Lead Business Analysts, including medical, dental, and vision insurance, employer-funded HSA, flexible time off, paid sick days, an impressive 401(k) plan, and more. Most benefits start on Day One, ensuring employees are well taken care of from the start.

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Common Interview Questions for Senior Lead Business Analyst
Can you describe your experience with software implementations as a Senior Lead Business Analyst?

In your answer, highlight specific projects you've led, the methodologies you've employed, and how you engaged stakeholders. Focus on results and any challenges you overcame during implementations.

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How do you gather requirements from stakeholders effectively?

Discuss your approach, including techniques like workshops, interviews, and surveys. Highlight the importance of active listening and establishing relationships with stakeholders to clarify business needs.

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What best practices do you follow when documenting functional specifications?

Explain your documentation process, emphasizing clarity, detail, and the use of standardized templates. Mention how you ensure alignment with stakeholders during the review process to avoid miscommunication.

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How do you ensure that solutions meet customer expectations?

Talk about conducting thorough requirement analysis, maintaining open communication throughout the project, and incorporating feedback from stakeholders during development. Mention the importance of managing expectations early on.

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Can you provide an example of how you have mentored junior analysts?

Share a specific experience where you provided guidance, offered constructive feedback, or organized training sessions to empower junior team members. Highlight the impact of your mentoring on their growth.

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What challenges have you faced in the insurance industry and how did you overcome them?

Identify a relevant challenge, discuss the actions you took to address it, and focus on the positive outcomes that followed. This demonstrates your problem-solving skills and resilience.

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How do you stay updated with industry trends and advancements?

Mention resources like webinars, professional associations, or industry journals that you utilize to keep informed about trends. Emphasize your commitment to continuous learning.

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What tools or software are you proficient in as a Senior Lead Business Analyst?

List specific tools you have used for project management, requirement gathering, and documentation, making sure to relate them to how they enhance your efficiency and effectiveness in projects.

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How do you handle conflicting priorities among different stakeholders?

Explain your approach to prioritize effectively, finding a balance between stakeholder needs while maintaining project timelines. Highlight your negotiation and communication skills.

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What do you believe are the most important qualities of a successful Senior Lead Business Analyst?

Discuss key qualities like analytical thinking, strong communication skills, leadership, flexibility, and the ability to work collaboratively with teams. Share your personal attributes that align with these qualities.

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Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what’s important now. Over 350 ...

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Full-time, on-site
DATE POSTED
April 4, 2025

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