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Business Analyst - Pensions (Mandatory Change)

Wipro Ltd.
Borough, South East London, United Kingdom
Competitive Salary
Closing date
Jun 26, 2024

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Job Role
Business Analyst
Contract Type
Full Time
BUSINESS ANALYST - PENSIONS (MANDATORY CHANGE) PURPOSE OF ROLE: This project is related to TPR General Code of Practice (GCoP) will oversee all pension contributions that are received from Employees and Employers (EE & ER). INTRODUCTION: Banking and Financial Services is an area of strategic importance to Wipro, and we are poised to grow significantly in Europe enabling our customers with digital transformation, cloud adoption and other critical digital initiatives. As a trusted partner, we enable our customers adopt digital ways of working through IT and process transformations, increase agility and optimise cost through cloud adoption, automation and AI and drive effective data solutions. We work closely with our strategic partner ecosystem to add value to our customers though innovation and maximising value of existing or planned investments and assets. We do this through our unique blend of outside -in transformation and inside out transformation underpinned by portfolio of digital services and domain capabilities. We are Insurance and Life Insurance subject matter expert and advice provision and understand the insurance business from an end to end perspective - relevant lines of business, insurance products, processes, data used, systems, applications and infrastructure - all of the relevant technology landscape - including any third party suppliers and providers that the business is dependent on provision of analytical and problem solving; think 'out of the box' for improvements. KEY DUTIES/

Understanding and mapping of insurance processes, ways of working, value chain, Requirements and scope capture and crafting Business Requirements Documents, Collection of data about an organisation's operations to improve its systems and processes, Process mapping the level required and agreed with the client - but so much so that these can be developed within the scope, time and budget agreed, Identifying problems and opportunities for change with the current business model, enabling processes, data and technology, Options development and recommendations to company management, Analysing the potential impact on the business of recommendations and creating business cases, Planning, developing and provision of impact analysis to technology- systems, infrastructure, applications, accelerators in line with customer needs, and solution imperatives, Provide support and enablement services to the business to help them develop business requirements and design (including mock-ups, wireframes, use cases, demos, mock data etc), Act as a customer proxy for the development team during the development cycle of specific products, Analyse new change needs, change requests, new requirements from third parties and customers/clients, Translate requirements into functional and non-functional (performance) specifications, Develop BRDs - and other business requirements documentation as necessary with process, data, and system mapping at required levels and layers, Design and detail of user stories to a point where developers and technical teams, and develop them into their technical requirements through, conversations with the business, stakeholders and developers, Use development specifications to establish traceability from requirements to test cases, Designing potential solutions to problems and opportunities, Carrying out research and informing the design of the solution, Preparing and delivering report of findings to senior stakeholders and leadership, Managing risks, issues, with end-to-end impact assessment. KEY SKILLS/EXPERIENCE: You will ideally have Snr BA experience plus deep Pensions Products experience i.e. not pension systems and the following: Commissions Monitoring: Client will be changing their annual statements to include commission details across the estate (how much fees a e.g. financial advisor takes off the premiums customers pay for pension, endowments, investment products). Need someone who has excellent co-ordination and stakeholder management skills. A basic understanding of how commission works in the Life business is a must have. Market Abuse: Need someone who has working experience right through procurement to solution delivery. The individual must work with the external supplier to develop the solutions needed for identification of market abuse via data scans. Budget Changes (Pensions): This is to deliver some of the most complex set of changes to pension products across multiple journeys - Transfers, new business, ORIGO, etc. BENEFITS: As the successful applicant you will receive a competitive salary, a generous benefits package and training & development in areas to help you improve. EQUAL OPPORTUNITIES Wipro is an Equal Employment Opportunity employer and makes all employment and employment-related decisions without regard to a person's race, sex, national origin, ancestry, disability, sexual orientation, or any other status protected by applicable law. Life Insurance

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