Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Analyse business requirements and support insurance transformation projects in Life & Annuities.
- Company: Join a leading consulting firm focused on innovative insurance solutions.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on digital transformation and AI.
- Why this job: Make a real impact in the insurance industry while working with cutting-edge technology.
- Qualifications: 5-9 years as a Business Analyst in Life Insurance and Annuities required.
The predicted salary is between 30000 - 40000 £ per year.
We are looking for a Business Analyst with strong Life & Annuities domain expertise and proven core BA skills to support large insurance transformation and modernization initiatives. The role is hands-on and delivery-oriented, with primary focus on requirements analysis, process definition, and stakeholder coordination, and secondary exposure to Agentic AI concepts and pre-sales/RFP support. The ideal candidate is a solid BA practitioner who understands insurance operations end-to-end, can work independently with business users, and can translate requirements into clear inputs for technology teams.
Key Responsibilities
- Core Business Analysis (Primary Focus)
- Perform requirements elicitation, analysis, and documentation across Life & Annuities processes including New Business, Underwriting, Policy Administration, Servicing, Billing, Commissions, Claims, and Annuities servicing.
- Develop and maintain Business Requirement Documents (BRDs), functional specifications, user stories, and acceptance criteria.
- Conduct workshops, interviews, and working sessions with business SMEs and operations users to clarify requirements.
- Translate business rules, product logic, and regulatory requirements into clear functional requirements for delivery teams.
- Support solution design discussions and ensure alignment with documented requirements.
- Maintain requirements traceability through development, testing, and UAT phases.
- Support UAT planning, execution, and defect triage from a business perspective.
- Life & Annuities Domain Contribution
- Apply working knowledge of Life and Annuity products (Term, UL, WL, VA, Fixed / Indexed Annuities).
- Understand agent/producer workflows, commission structures, and policy lifecycle events.
- Support requirements related to policy issuance, endorsements, renewals, payouts, surrenders, loans, and rider processing.
- Incorporate regulatory and compliance considerations into requirement definitions.
- Digital & Agentic AI Awareness (Supporting Role)
- Collaborate with senior team members to support automation, AI, and Agentic AI-driven use cases from a business requirements standpoint.
- Help translate AI-enabled ideas into business flows, requirements, and acceptance criteria.
- Understand the impact of AI and automation on operations (no model-building or data science expectations).
- Provide domain and BA input into RFP responses, solution descriptions, and client presentations.
- Assist senior consultants or managers in preparing use cases, scope inputs, and assumptions.
- Participate in client discussions as a subject matter contributor, not primary solution owner.
Required Skills & Experience
- 5–9 years of experience as a Business Analyst in Life Insurance and Annuities.
- Strong fundamentals in requirements gathering, documentation, and stakeholder management.
- Experience working on core insurance system implementations or modernization programs.
- Ability to work directly with business users, SMEs, and delivery teams.
- Familiarity with Agile and/or hybrid delivery models.
- Exposure to digital transformation, automation, or AI concepts from a business analysis perspective.
Nice to Have
- Experience supporting RFPs or pre-sales activities.
- Exposure to modern policy administration systems or digital servicing platforms.
- Basic understanding of data analysis or reporting used in insurance operations.
Business Analyst - Life & Annuities employer: NTT DATA, Inc.
Contact Detail:
NTT DATA, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Life & Annuities
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Life & Annuities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your domain knowledge. Make sure you can discuss key processes like underwriting and policy administration confidently. We want you to shine when it comes to demonstrating your expertise!
✨Tip Number 3
Showcase your hands-on experience! Be ready to share specific examples of how you've tackled requirements analysis or stakeholder coordination in past roles. Real-life stories make you memorable and relatable.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Business Analyst - Life & Annuities
Some tips for your application 🫡
Know Your Stuff: Make sure you really understand the Life & Annuities domain. We want to see your expertise shine through in your application, so highlight your experience with insurance processes and how you've tackled similar challenges before.
Tailor Your Documents: Don’t just send a generic CV and cover letter! We love it when applicants customise their documents to reflect the specific requirements of the Business Analyst role. Show us how your skills align with what we’re looking for.
Be Clear and Concise: When you're writing your application, clarity is key. Use straightforward language and structure your thoughts logically. We appreciate well-organised information that makes it easy for us to see your qualifications at a glance.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at NTT DATA, Inc.
✨Know Your Domain Inside Out
Make sure you brush up on your Life & Annuities knowledge. Understand the key processes like New Business, Underwriting, and Claims. Being able to discuss these topics confidently will show that you're not just a BA, but a BA with specific expertise in the insurance sector.
✨Prepare Your Documentation Skills
Get ready to showcase your ability to create Business Requirement Documents (BRDs) and user stories. Bring examples of your past work to the interview. This will demonstrate your hands-on experience and how you can translate business needs into clear functional requirements.
✨Engage with Stakeholders
Think about how you would approach workshops and interviews with business SMEs. Be prepared to discuss your strategies for eliciting requirements and managing stakeholder expectations. Showing that you can effectively communicate and coordinate will set you apart.
✨Familiarise Yourself with AI Concepts
Since the role involves some exposure to Agentic AI, it’s a good idea to have a basic understanding of how AI can impact insurance operations. You don’t need to be a data scientist, but being able to discuss AI-driven use cases will highlight your forward-thinking approach.