BusinessAnalystFaq.com

 

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Training & Tutorials:

*Roles and Responsibilities of a

 Business Analyst

*What is System Analyst

*What is SDLC and different

 Phases of it?

*What is usecase diagram?

 & its Importance.

*How to draw flowchart? And

 its uses?

*What is RUP? Explain in detail.

*What is UML explain in detail?

*Business Analyst Tutorials

*Business Analyst Interview

 Questions

*Testing (QA) knowledge Required

 for BA

*Business Analyst Healthcare

 domain Tutorials

*Business Analyst Finance

 Domain Tutorials

*Rational Rose Tools Interview

 Questions

*Diagrams for Business Analyst

*Resumes for Business Analyst

*Jobs for Business Analyst

*Interviews Tips

*Other-Interview-Questions

 

BA Interview Questions

*BA Interview questions set 1

*BA Interview questions set 2

*BA Interview questions set 3

*BA Interview questions set 4

*BA Interview questions set 5

*Business analyst Interview

 questions 6

*Business analyst Interview

 questions 7

*Business analyst Interview

 questions 8

*Resume writing tips for BA 9

*General business analyst interview

  questions 10

*Mortgage related interview questions

  for BA 11

 

Business Analyst Tutorials

*Responsibilities of a Business Analyst

*What is Business Analysis

*Sequence diagram Explained

*Class diagram explained

*RUP explained

*UML(unified modelling language)

*SDLC(systems development life cycle)

*Insurance knowledge for BA

*Health care knowledge for BA

*Finance banking knowledge for BA

*Role of a Business Analyst(high level)

*Use case diagram step by step

*Class Diagrams UML

*Responsibilities of BA

*What is RUP ?

*RUP in SDLC process

*SDLC

*Bug Life cycle

*BA Faq

*Business Users of the system

*Class diagrams

*CMM levels

*Collaboration diagram

*Data Mapping & Data modeling

*Data model in data base

*Deliverables in SDLC

*Tools used by BA

*Q-Gate (quality gate)

*RUP (rational unified processing)

*Sequence diagrams

*Deliverables in RUP

*UML (unified modeling language)

*Use case diagram

*Use case examples

*Use case template examples

*what are JAD sessions?

*What is GAP analysis ?

*What is User acceptance testing (
UAT)?

*Daily duties of a BA

*What is System analyst ?

*UML Tutorial Part 1

*UML Tutorial Part 2

*UML Tutorial Part 3

*UML Tutorial Part 4

*UML Tutorial Part 5

*UML Tutorial Part 6

*UML Tutorial Part 7

*UML Tutorial Part 8

 

Testing Knowledge

*Testing processes

*QTP recording flow

*Break points in qtp

*Split actions in qtp

*Parameterization

*Check Points in QTP

*Integrated testing

*What is QTP ?

*Loadrunner step by step

 

Business Analyst Finance

*Business Analyst Finance domain

 Interview questions set 1

*What is Fixed rate Loan?

*What is home equity line of credit

  (HELOC) ?

*What is Loan to value ratio ?

*What is debt to income  ratio &

*What is lien Lien holder ?

*What are mutual funds ? Interview

 questions

*Trading of Stocks , what are stocks?

*New york Stock exchange

*What is NASDAQ ?

*Stock exchanges in USA

*Factors that will affect the change in

 price of STOCKS

*How to buy a STOCK ?

*What stocks are treated as equity

 while bonds as debt ?

*Some more Finance related interview

  questions for Business analyst

*Imp finance related interview

 questions for BA

*What is SWAP and types of swaps

*What are  Options & Bonds and types

Bonds in finance

*what are Options in finance

*what is a derivative and how it functions

*Who is a broker dealer

*Commercial bank in brokerage industry

*Who is a market maker?

*who is a specialist ?

*What are bond and types of bonds

*Steps for writing use case diagram

*What is SOX (Sarbanes Oxley act)

*CMM Capability maturity model

 

Business Analyst Health care :

*BA Health Care Claims

*SAS (statistical analysis system)

*Clinical Trials

*What are FACETS

*Health care fraud detection

*What is HIPAA

*Medicare Procedures and policies

*Health care Interview questions for BA

 

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Insurance tutorials for business analyst

 

Essential Insurance knowledge a business analyst should possess for a BA job in insurance domain

 Business Analyst role is to analyze the business processes, provide the right mixture of technical and functional know how to the development of software projects within an organization. If we talk specifically about an Insurance organization, the business analyst will have to possess the right niche of Insurance knowledge as well as be fluent in the latest technologies.

The major responsibilities of a business analyst should be to analyze the business processes, gather the requirements and and finally document those requirements in line with the strategic initiatives of the Insurance company. But in order to provide solutions which are innovative and cater to the nuances of the insurance industry, its essential that the business analyst should have an understanding of the insurance processes, modules, concerned departments and latest technologies available in the market. This will enable the business analyst to identify any project or business related risks and if present, to propose suitable action to mitigate those risks. Along with ability to do the requirement analysis and documentation, business analysts should be proficient in other vital activities such as good communication skills, project management, Testing skills, providing user acceptance testing support. The specific user requirements in any particular industry are different and its true for the insurance industry where the workings of the sales, HR, operations and other teams are unique and so should be the systems and processes built around them.

 

Functional requirements of a prospective business analyst candidate is that he has demonstrable experience in an insurance company, worked on insurance applications catering to the various modules of insurance like new business, channel management, policy servicing, claims management, underwriting, reinsurance and Finance. The prospective business analyst candidate should be aware about the business processes and workings of the insurance company. The candidate should also be aware of the requirements which are given by the regulatory authority of the insurance industry. There are various terminologies which are unique to the insurance industry whether its life, general, health insurance. Knowing the terminology relevant to the insurance industry will help the business analyst in understanding the user's expectations and needs and will be able to effectively convert these expectations to requirements. There are various streams of insurance industry where a business analyst can add value:

a) Life Insurance where the risk of mortality, critical illness is covered. Basic knowledge of the various modules and special regulatory guidelines are required

b) General Insurance Includes fire, household, marine, motor and other such streams of insurance. The operations of this domain is different that the life insurance and the knowledge of operations intricacies, reinsurance business processes are vital for a business analyst

c) Health Insurance covers the risk of morbidity and the specific know how required of this stream is the operations of the panel doctors, cashless reimbursements, co payments and other such typical health insurance terminology.


A Business Analyst seeking a job in an insurance company should be experienced in the technologies such as MS office tools(which include Word, Excel, Powerpoint, Visio, Project), Relational Databases(Querying and support), basic programming skills in languages such as ASP.NET, JAVA/J2EE, XML, HTML. Also required are  experience in specific insurance business applications, content management systems, Portals, data warehousing tools.  These tools will enable the candidate in the future projects in which the customization and change management will be required. For the successful implementation of such projects , it essential that the business analyst has prior knowledge of such software systems or packages.

 

So, in summary, a prospective business analyst should come from an insurance background with the knowledge of the insurance business processes and relevant software packages.

 

 

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