WHAT DOES A JUNIOR BUSINESS ANALYST DO?
Updated: Dec 15, 2025 - The Junior Business Analyst oversees end-to-end technical implementation, solution integration, and the analysis of requirements to support digital insurance journeys. This role works closely with technology partners to deliver new features, resolve technical incidents, and ensure smooth onboarding and operational alignment for distribution partners. The junior analyst also maintains and enhances technical documentation while contributing to roadmap planning and lifecycle support.
A Review of Professional Skills and Functions for Junior Business Analyst
1. Junior Business Analyst Duties
- Project Support: Support the Application Development team with new implementations and solution upgrades or enhancements
- Requirement Analysis: Provide support through the identification and prioritization of technical and functional requirements, along with the review, analysis, and evaluation of business systems and user needs
- Scope Definition: Help define scope and objectives and formulate systems to parallel overall business strategies
- Project Planning: Define project requirements by identifying project milestones, phases, and elements, forming a project team, and establishing a project budget
- Progress Tracking: Monitor project progress by tracking activity
- Issue Resolution: Resolving problems, publishing progress reports, and recommending actions
- Operational Study: Determine operational objectives by studying business functions, gathering information, evaluating output requirements and formats
- Workflow Design: Construct workflow charts and diagrams
- System Specification: Studying system capabilities, writing specifications
- System Improvement: Improve systems by studying current practices, designing modifications
- Control Recommendation: Recommend controls by identifying problems, writing improved procedures
- Information Protection: Maintain user confidence and protect operations by keeping information confidential
2. Junior Business Analyst Details
- Report Preparation: Prepare technical reports by collecting, analyzing, and summarizing information and trends
- Team Contribution: Contribute to team effort by accomplishing related results
- Cost Estimation: Validate resource requirements and develop cost estimate models
- Data Interpretation: Interpret, evaluate, and interrelate research data and develop integrated business analyses and projections
- Market Research: Plan and coordinate the development of primary and secondary market research studies
- Process Review: Perform daily, weekly, and monthly reviews and analyses of current processes using operational metrics and reports
- Impact Analysis: Understand and communicate the financial and operational impact of any changes
- Change Recommendation: Suggest changes to senior management using analytics to support recommendations
- Change Implementation: Actively participate in the implementation of approved changes
3. Junior Business Analyst Responsibilities
- License Review: Review and approve software licensing requests
- Key Management: Manage software key installations
- Compliance Monitoring: Monitor software installations to ensure compliance
- Asset Inventory: Inventory hardware, redeployment, and disposal of software/hardware throughout the lifecycle
- Asset Reporting: Perform accurate dispositioning, reporting, and metric trending on assets
- Vendor Coordination: Interact and facilitate meetings with both internal colleagues and 3rd Party external vendors
- Data Analytics: Provide data-driven analytics supporting team initiatives
- Cloud Reporting: Leverage cloud tools to provide data analytics, reporting, and financial results
- Procedure Documentation: Develop and update the documentation to support new / changes to existing procedures
- Colleague Support: Respond to and answer questions generated by colleagues
- Standard Compliance: Comply with the company standards of the PLC, and adhere to the standards for scope and requirements
- Program Participation: Participate in all Elevate Program activities
4. Junior Business Analyst Job Summary
- Strategic Support: Support the strategic business initiatives using core tech platforms
- Team Collaboration: Work closely with front office teams - investment operations, investment risk, and IT
- Global Liaison: Liaise with global project teams across America and Europe
- Vendor Management: Vendor and client management
- Office Coordination: Work closely with the front office staff
- Request Classification: Classifying new requests for enhancements according to strategic importance
- Client Solutions: Understand the issues raised by clients and suggest solutions
- Design Support: Support the functional design process
- UAT Testing: Providing user acceptance testing of the final solution before delivery
- Sales Support: Offers support to the sales and pre-sales team regarding product functionalities
5. Junior Business Analyst Accountabilities
- Technical Ownership: Taking end-to-end technical ownership of the digital journey implementation
- Solution Development: Solution development, business analysis, technical integration, and lifecycle support
- Requirement Analysis: Eliciting, analyzing, prioritizing, and communicating technical requirements for insurance solutions
- Agile Coordination: Coordinating with main technology partners to implement new features and solutions against tight development timelines in an agile development model
- Partner Representation: Representing technical solutions to distribution partners on an operational level
- Partner Onboarding: Accompanying partner onboarding processes from a technical perspective
- Software Design: Working with implementation partners to design software solutions integrated into the overall software landscape
- Roadmap Support: Supporting the Insurance Solution Manager to shape the solution development roadmap
- Incident Support: Serving as second-level support for technical incidents and coordinating with technology partners to resolve incidents
- Documentation Development: Own and further develop technical documentation of partner-facing and internal applications and APIs