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Job Position ID:  2283

Business Analyst (FPSL Functional Consultant)

msg global solutions India Pvt Ltd.

Bangalore, IN

Employment Type:  Full Time

msg global is a consulting and system integration company focusing on the insurance business. We are looking for a Business Analyst who has experience in Insurance/Re-insurance domain (Active or Passive) with accounting knowledge. The consultant will support the implementation of SAP FPSL solutions in various projects.


What you will do?

  • Analyze ‘As is Process’ and recommend ‘To be Process’ to meet a business objective
  • Perform analysis of any new requirements/change requests to the solution from a functional standpoint.
  • Prepare functional specifications based on the new requirements.
  • Collaborate with multiple teams to define and understand the requirements and then explain the system solution.
  • Work with multi-functional/technical teams to prioritize the work and then drive system solutions by clearly articulating business needs and coordinate with teams to get development moving.
  • Prepare reports and presentations for clients / internal management for project tracking and updates.
  • Flexible for both domestic and international short-term/long-term travel.

What experience you should have?

  • Education: You should have completed B.E.,/ B.Tech.,/ MBA/ MCA from reputed College/University
  • Experience: You should have 4-6 years of experience in the Insurance/Re-Insurance domain. Should have completed at least two end-to-end project Implementations.


  • Thorough understanding of Software Development Life Cycle (SDLC), starting from Pre-sales, Requirements gathering, Analysis/Design, Development, and Testing.
  • In-depth domain knowledge in all Lines of Business: Life, P&C, and Reinsurance
  • Ability to understand client requirements and recommend the best solutions.
  • Knowledge in Insurance Accounting
  • Ability to maintain and build client relationships
  • Effective communication and coordination skills between Client and globally located teams.

Nice to Have?

  • Know how to deal with cash-flows and discounting
  • Knowledge in SAP FI module
  • Knowledge in IFRS17 Methodology and reporting.

What do we offer:

  • A challenging and multi-cultural working environment with experienced teams
  • Highly competitive compensation packages including incentive payment and private medical insurance
  • International exposure, internal and external training to help you further develop your talents
  • A team in which the core values are collaboration thought leadership and entrepreneurship

About msg global solutions

msg global solutions is a systems integrator, software development partner and managed services provider focused on SAP solutions for accounting, finance, regulatory reporting, performance management, customer experience and IoT. Operating from offices across the globe and growing, our expert teams help clients achieve operational efficiency and improve decision-making capabilities. While the heart of our expertise is in the financial services sector, our solutions are utilized in a wide range of industries.