What are the responsibilities and job description for the Sr. Business Analyst - must have P&C Insurance experience position at Vertex Solutions Inc.?
Sr. BA with Commercial Lines P&C insurance experience
Full time, permanent
Hybrid, 3 days in week in the NYC (downtown)
Position Description: We are looking for a seasoned Senior Business Analyst (policy/UW in commercial insurance preferred with a claims minor) with extensive experience in the insurance sector. The ideal candidate will have a strong analytical mindset, excellent problem-solving skills, and the ability to communicate effectively with both technical and non-technical stakeholders. They should have a proven track record of successfully managing and delivering complex projects within the insurance domain.
Skills, Knowledge and Abilities:
- Solution, lead and drive projects to conclusion from a business point of view – time, budget, and scope definition.
- Conduct thorough analysis of business processes and identify areas for improvement.
- Collaborate with stakeholders to gather and document business requirements.
- Design and implement innovative solutions to enhance business operations and drive efficiency.
- Facilitate workshops and meetings to ensure alignment and understanding of project objectives.
- Develop and maintain comprehensive documentation, including business requirements, process flows, and user stories.
- Provide ongoing support and guidance to project teams throughout the project lifecycle.
Education/Experience:
- 10 to 15 years of experience as a Business Analyst within the insurance industry.
- In depth knowledge and hands-on-experience on integrated platforms combining Policy - Administration, Rating, Forms, Billing, Financial Applications and 3rd party software such as CLUE, D&B, RiskMeter etc.
- Claims experience a positive.
- Strong understanding of insurance products, processes, and regulations.
- Understands claims from operation system standpoint.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication and interpersonal abilities.
- Proficiency in business analysis tools and methodologies.
- Experience with project management and agile methodologies is a plus.
- Bachelor's degree in Business Administration, Finance, or a related field. A relevant certification (e.g., CBAP) is highly desirable.
Vertex Solutions Inc. is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, national origin, ancestry, religion, age, citizenship, sex, marital or veteran status, disability or handicap, sexual orientation or any other basis prohibited by applicable law.